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Companies Act, 1956 Section 168

Title: Penalty for Default in Complying with Section 166 or 167

State: Central

Year: 1956

If default is made in holding a meeting of the company in accordance with section 166, or in complying with any directions of the1[Tribunal or the Central Government as the case may be,] under sub-section (1) of section 167, the company, and every officer of the company who is in default, shall be punishable with fine which may extend to2[fifty thousand rupees]3[and in the case of a continuing default, with a further fine which may extend to4[two thousand five hundred rupees] for every day after the first during which such default continues]. ______________________ 1. Substituted by Act 11 of 2003, Section 23, for "Central Government". 2. Substituted by Act 53 of 2000, Section 73, for "five thousand rupees" (w.e.f. 13-12-2000). 3. Inserted by Act 65 of 1960, Section 44 (w.e.f. 28-12-1960). 4.Substituted by Act 53 of 2000, Section 73, for "two hundred and fifty rupees" (w.e.f. 13-12-2000).

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Companies Act, 2013, Section 99

Title: Punishment for Default in Complying with Provisions of Sections 96 to 98

State: Central

Year: 2013

If any default is made in holding a meeting of the company in accordance with section 96 or section 97 or section 98 or in complying with any directions of the Tribunal, the company and every officer of the company who is in default shall be punishable with fine which may extend to one lakh rupees and in the case of a continuing default, with a further fine which may extend to five thousand rupees for every day during which such default continues.

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Income Tax Act, 1961 Section 221

Title: Penalty Payable when Tax in Default

State: Central

Year: 1961

.....further amount or amounts as the Assessing Officer may, from time to time, direct so, however, that the total amount of penalty does not exceed the amount of tax in arrears : Provided that before levying any such penalty, the assessee shall be given a reasonable opportunity of being heard : Provided further that where the assessee proves to the satisfaction of the Assessing Officer that the default was for good and sufficient reasons, no penalty shall be levied under this section. Explanation : For the removal of doubt, it is hereby declared that an assessee shall not cease to be liable to any penalty under this sub-section merely by reason of the fact that before the levy of such penalty he has paid the tax. (2) Where as a result of any final order the amount of tax, with respect to the default in the payment of which the penalty was levied, has been wholly reduced, the penalty levied shall be cancelled and the amount of penalty paid shall be refunded.

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Taxation Laws (Continuation and Validation of Recovery Proceedings) Act, 1964 Section 3

Title: Continuation and Validation of Certain Proceedings

State: Central

Year: 1964

.....be necessary for the Taxing Authority to serve upon th assessee a fresh notice of demand; (ii) the Taxing Authority shall give intimation of the fact of such reduction to the assessee, and where a certificate has been issued to the Tax Recovery Officer for the recovery of such amount, also to that officer; (iii) any proceedings initiated on the basis of the notice or notices of demand served upon the assessee before the disposal of such appeal or proceeding may be continued in relation to the amount so reduced from the stage at which such proceedings stood immediately before such disposal; (c) no proceedings in relation to such Government dues (including the imposition of penalty or charging of interest) shall be invalid by reason only that no fresh notice of demand was served upon the assessee after the disposal of such appeal or proceeding or that such Government dues have been enhanced or reduced in such appeal or proceeding : Provided that if as a result of any final order such Government dues (other than annuity deposit) have been reduced and the penalty imposed on the assessee for default in payment thereof exceeds the amount so reduced the excess shall not be.....

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PUBLIC ACCOUNTANTS' DEFAULT ACT, 1850 Preamble 1

Title: PUBLIC ACCOUNTANTS' DEFAULT ACT, 1850

State: Central

Year: 1850

THE PUBLIC ACCOUNTANTS' DEFAULT ACT, 1850 [Act, No. 12 of 1850] [22th March, 1850] For avoiding loss by the default of Public Accountants.1 PREAMBLE For better avoidance of loss through the default of public accountants : It is enacted as follows:-- _________________________ 1 . Short title given by the Indian Short Titles Act, 1897 (14 of 1897).

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PUBLIC ACCOUNTANTS' DEFAULT ACT, 1850 Complete Act

Title: PUBLIC ACCOUNTANTS' DEFAULT ACT, 1850

State: Central

Year: 1850

Preamble1 - PUBLIC ACCOUNTANTS' DEFAULT ACT, 1850 Section1 - Public accountants to give security Section2 - Amount and kind of security, and with what sureties Section3 - Public accountant" defined Section4 - Prosecution of accountants and sureties Section5 - Enactments applied to proceedings by and against accountants Section6 - Validation of former rules

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Trading with the Enemy (Continuance of Emergency Provisions) Act, 1947 Section 2

Title: Continuance of Certain Emergency Provisions

State: Central

Year: 1947

(1) Notwithstanding the expiry of the Defence of India Act, 1939, and the Emergency Provisions (Continuance) Ordiance, 1946 (a) the provisions of the Defence of India Rules mentioned in the first column of the Schedule to this Act shall continue in force, and shall have effect subject to the modifications specified in the second column thereof; (b) any order or other instrument made or deemed to be made under or in pursuance of any of the said provisions and in force immediately before the commencement of this Act shall continue in force so far as consistent with the provisions as continued in force by this section and be deemed to be made under or in pursuance of the provisions so continued in force. (2) The references in sub-section (1) to the Defence of India Rules shall be construed as references to those Rules as modified and continued in force by the Emergency Provisions (Continuance) Ordiance, 1946.

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Continuance of Legal Proceedings Act, 1948 Preamble 1

Title: Continuance of Legal Proceedings Act, 1948

State: Central

Year: 1948

THE CONTINUANCE OF LEGAL PROCEEDINGS ACT, 1948 [Act, No. 38 of 1948] [AS ON 1956] [3rd September, 1948] PREAMBLE An Act to provide for the continuance of certain legal proceedings by or against the Secretary of State. WHEREAS it is expedient to provide for the continuance of certain legal proceedings by or against the Secretary of State in respect of any right of India or any part of India which were pending immediately before the 15th day of August' 1947; It is hereby enacted as follows:--

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Continuance of Legal Proceedings Act, 1948 Section 3

Title: Continuance of Legal Proceedings

State: Central

Year: 1948

Any legal proceedings which, immediately before the appointed day,-- (a) were pending by or against the Secretary of State in any Court within the territories which as from the appointed day became the territories of India by virtue of subsection (1) of section 2 of the Indian Independence Act, 1947, 10 and 11 Geo.6, c.30.and (b) were in respect of any right of India or any part of India, shall-- (i) if the right in question was that of the Governor-General in Council be continued by or against the Dominion of India; (ii) if the right in question was that of the former Province of Bengal or the Punjab, be continued by or against the Province of West Bengal or East Punjab, as the case may be; and (iii) if the right in question was that of any Governor's Province other than Bengal, the Punjab, the North-West Frontier Province or Sind, be continued by or against that Province.

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Trading with the Enemy (Continuance of Emergency Provisions) Act, 1947 Preamble 1

Title: The Trading with the Enemy (Continuance of Emergency Provisions) Act, 1947

State: Central

Year: 1947

THE TRADING WITH THE ENEMY (CONTINUANCE OF EMERGENCY PROVISIONS) ACT, 1947 [Act, No. 16 of 1947] [AS ON 1955] [20th March, 1947] PREAMBLE An Act to provide for the continuance of certain provisions of the Defence of India Rules relating to the controll of trading with States, and persons and firms belonging to States at war with the Government of India, and the custody of the property belonging to them. WHEREAS it is expedient to provide for the continuance of certain provisions of the Defence of India Rules relating to the control of trading with States, and persons and firms belonging to States at war with the Government of India, and the custody of the property belonging to them; It is hereby enacted as follows :

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