State Act

74

Section 74. Penalty for contravention of section 34.

The Maharashtra Non-trading Corporations Act

Act no. 26 of 19591959In forceMaharashtra (State Act)

74. Penalty for contravention of section 34.— If any director of a corporation fails to take all reasonable steps to comply with the provisions of section 34, he shall, on conviction, be punished with fine which may extend to fifty rupees.