State Act
80
Section 80. Penalty for contravention of section 49.
The Maharashtra Non-trading Corporations Act
Act no. 26 of 19591959In forceMaharashtra (State Act)
80. Penalty for contravention of section 49.— If any liquidator fails— (a) to call a general meeting of the corporation or a meeting of the creditors under clause (b) of sub-section (1) of section 49, or (b) to send a copy of the account to the Registrar or to make a return to him of the holding of the meetings under sub-section (2) of that section, he shall, on conviction, be punished with fine which may extend to one hundred rupees in respect of each such failure.