Section 4
Subs. by s. 4, ibid., for sub-section (3) (w.e.f. 1-9-2021).
4. Subs. by s. 4, ibid., for sub-section (3) (w.e.f. 1-9-2021).
(a) the memorandum;
(b) the articles; and
(c) every agreement and every resolution referred to in sub-section (1) of section117, if and in so far as they have not been embodied in the memorandum or articles.
(2) If a company makes any default in complying with the provisions of this section, the company and every officer of the company who is in default shall be liable for each default, to a penalty of one thousand rupees for each day during which such default continues or one lakh rupees, whichever is less.
Roop's Law Assist