wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

If a director of the company contravenes the provisions of Section 166, such director shall be punishable with fine which shall not be less than _____but which may extend to______.

A
Rs. 50,000; Rs. 2,00,000
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Rs. 75,000; Rs. 3,00,000
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Rs. 1,00,000; Rs. 5,00,000
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Rs. 2,00,000; Rs. 10,00,000
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Rs. 1,00,000; Rs. 5,00,000
If a director of the company contravenes the provisions of section 166 of the Companies Act, 2013 such director shall be punishable with fine which shall not be less than one lakh rupees but which may extend to five lakh rupees.

flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Taxation and Fiscal Policy
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon