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In case of default under Section 135(5) or (6) of the Companies Act, 2013, the company shall be liable…

Under s.135(7), a company in default of s.135(5) or (6) is liable to a penalty of "twice the amount required to be transferred by the company to the Fund specified in…

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In case of default under Section 135(5) or (6) of the Companies Act, 2013, the company shall be liable to a penalty of:

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Under s.135(7), a company in default of s.135(5) or (6) is liable to a penalty of "twice the amount required to be transferred by the company to the Fund specified in Schedule VII or the Unspent Corporate Social Responsibility Account, as the case may be, or one crore rupees, whichever is less". One-tenth of the amount or two lakh rupees is the penalty for each officer in default.

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