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Management and Administration Rules Rule 30
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The Companies (Management and Administration) Rules, 2014

Rule 30 Penalty

Chapter
IV · Postal Ballot, Minutes and Inspection
Text as on
14 August 2026
30. Penalty
If any default is made in compliance with any of the provisions of this rule, the company and every officers or such other person who is in default shall be punishable with fine which may extend to five thousand rupees and where the contravention is a continuing one, with a further fine which may extend to five hundred rupees for every day after the first during which such contravention continues.