Question

Repeated offence is punishable with _________ of the original penalty under the Companies Act, 2013?

A 2 times Correct Answer Incorrect Answer
B 3 Times Correct Answer Incorrect Answer
C 1 and Half times Correct Answer Incorrect Answer
D Same as original Correct Answer Incorrect Answer

Solution

As per section 451 of the Companies Act, 2013 - 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.

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