State Act

81

Section 81. Penalty for contravention of section 61.

The Maharashtra Non-trading Corporations Act

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

81. Penalty for contravention of section 61.— If any corporation or any person as is referred to in sub-section (2) of section 61 refuses or neglects to furnish the information or explanation required under that sub-section, the corporation and each such person shall, on conviction, be punished with fine which may extend to twenty rupees in respect of each such offence.