If company fails to maintain register of directors and KPM at registered office of the company or no...........

Companies Act-Phase (I & II) Directors - powers and appointment

If company fails to maintain register of directors and KPM at registered office of the company or not allow any member of the company to inspect or take an extract thereof, company and every officer in default shall be liable to a fine which shall not be less than ________________ and may extend to______________.

Rs. 50,000; Rs. 5,00,000

Rs. 30,000; Rs. 1,00,000

Rs. 50,000; Rs. 2,00,000

Rs. 10,000; Rs. 1,00,000

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Explanation:

As per section 172 of Companies Act, 2013, if company fails to maintain register of Directors and KPM at registered office of the company or not allow any member of the company to inspect or take an extract thereof, company and every officer in default shall be liable to a fine which shall not be less than Rs. 50,000 and may extend to Rs. 5,00,000.