Various Fines & Penalties Chart under Companies Act 2013.here we are providing Complete chart for Fines & Penalties Chart under Companies Act 2013. In this article you can find full list of Various Fines & Penalties Chart under Companies Act 2013. Recently we are providing Complete details for Incorporation of Pvt. Ltd. Company as per Companies Act 2013 and Interest Income. another various articles related to companies act 2013. Now You can scroll down below and check Various Fines & Penalties Chart under Companies Act 2013.
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Various Fines & Penalties Chart under Companies Act 2013
| Section | Nature of Default | Penalty | Person to be held responsible of offence |
| 204 | Default in Complying Secretarial Audit | Min – 1 lakhMax – 5 lakh | The Co. & every officer who is in default, CS in Practise |
| 203 | Default in Complying Appointment of KMP | Min – 1 lakhMax – 5 lakh | On Co. |
| Max – 50,000/- & Contravention Continue then Rs. 1000/- per day | On Every Dir. & KMP | ||
| 195 | Prohibition on Insider Trading | Max Imprisonment – 5 Years OR Min Fine – 5 Lakh Max fine – 25 Cr 3times of profit(whichever is higher) OR Both | every officer who is in default |
| 194 | Prohibition on Forward Dealings by Dir or KMP | Max Imprisonment – 2 Years OR Min Fine – 1 Lakh Max fine – 5 Lakh OR Both | On Dir. & KMP |
| 191 | Payment to Dir for loss of Profit in connection with Transfer of Propery or Shares | Min Fine- 25,000/Max Fine – 1 Lakh | On director |
| 189 | Fails to Comply Register of Contract in which Dir are interested | Fine – 25,000/- | Every Director |
| 188 | Violation of RPT Transaction Prepared | In Listed Co. -Max Imprisonment – 1 Years OR Min Fine – 25,000 Max fine – 5 Lakh OR Both
In Any other Co. – Min Fine- 25,000/Max Fine – 5 Lakh | Any Dir. or any other employee who entered into Contract |
| 187 | Default in Complying of – Investments of Company to be held in its own name | Min – 25,000/Max – 25 Lakh | On Co. |
| Max Imprisonment – 6 Months OR Min Fine -25,000/Max fine – 1 Lakh OR Both | On Every Officer who is in Default | ||
| 186 | Loan & Investment by Company | Min – 25,000/Max – 5 Lakh | On Co. |
| Max Imprisonment – 2 Years AND Min Fine -25,000/Max fine – 1 Lakh | On Every Officer who is in Default | ||
| 185 | Contraventiom of Loan to Director | Min – 5 Lakh Max – 25 Lakh | On Co. |
| Max Imprisonment – 6 Months OR Min Fine -5 Lakh Max fine – 25 Lakh OR Both | On Director & person whom LGS provided | ||
| 184 | Default of Complying in Disclosure of interest by Direcrtor | Max Imprisonment – 1 Year ORMin Fine -50,000/Max fine -1 Lakh OR Both | On Dir |
| 182 | Prohibition & Restriction on Plolitical Contribution | Max Fine – 5 times of the amount Contributed | On Co. |
| Max Imprisonment – 6 Months AND Max Fine – 5 times of the amount Contributed | On Every Officer who is in Default | ||
| 177 | Audit Committee | On CompanyMin – 1 Lakh
Max – 5 Lakh On Every Officer Max Imprisonment – 1 year OR Min Fine – 25,000/Max Fine – 1 Lakh OR Both | |
| 178 | N & R Committee & Stakeholders RelationShip Committee |
| 166 | Default in Complying of Duties of Director | Min – 1 LakhMax – 5 Lakh | On director of the Company |
| 165 | Person of accept Directorship in contravention of this section | Min – 5000Max – 25000 for Every Day
above limit | Person who Accept the appointmentprescribed |
| 139 to 146 | Related to Auditor Ch. | Min – 25,000/Max – 5 Lakh | On Co. |
| Max Imprisonment – 1 Years OR Min Fine -10,000/Max fine – 1 Lakh OR Both | On Every Officer who is in Default | ||
| 135 | Default in Complying CSR | NO FINE ONLY REASON | |
| 134
| Default In disclosure of Board Report | Min – 50,000/Max – 25 Lakh | On Co. |
| Max Imprisonment – 3 Years OR Min Fine -50,000/Max fine – 5 Lakh OR Both | On Every Officer who is in Default | ||
| 197 | Default in complying Max Managerial Remuneration payable | Min – 1 lakh Max – 5 lakh | The Co. & every officer who is in default |