NOTES ON EFFECTIVE PROVISIONS OF COMPANIES ACT 2013


Page 85

PUNISHMENT IN CASE OF REPEATED DEFAULT [SECTION 451]

If a company or an officer of a company commits an offence punishable either with fine or with imprisonment and where the same offence is committed for the second or subsequent occasions within a period of three years, then, that company and every officer thereof who is in default shall be punishable with twice the amount of fine for such offence in addition to any imprisonment provided for that offence.

This section is not applicable to the offence repeated after a period of three years from the commitment of first offence.

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