Section 193: Penalty
The Companies Act, 2017 · Federal Acts · in_force
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193. Penalty.—Any contravention or default in complying with requirements of sections 186 to 192 shall be an offence liable to a penalty of level 2 on the standard scale and may also be debarred by the authority which imposes the penalty from becoming a director or chief executive of a company for a period not exceeding five years.
Effective date: 2017-05-30
Related sections
Section 192: Chairman in a listed companySection 194: Public company required to have secretarySection 191: Chief executive not to engage in business competing with company's businessSection 195: Listed company to have share registrarSection 190: Removal of chief executiveSection 196: Bar on appointment of sole purchase, sales agents
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