Section 148: Punishment for default in complying with provisions of section 147

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148. Punishment for default in complying with provisions of section 147.—If any person makes default in holding a meeting of the company in accordance with section 147 or in complying with any directions of the Commission, shall be liable to a penalty of level 3 on the standard scale.

Effective date: 2017-05-30

Related sections

Section 147: Power of Commission to call meetings Section 149: Passing of resolution by the members through circulation Section 146: Resolutions passed at adjourned meeting Section 150: Filing of resolution Section 145: Time of taking poll Section 151: Records of resolutions and meetings

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