Punishment (Section 172 of the Companies Act, 2013) :

Section 172 of the Companies Act, 2013 provides as under:

If a company contravenes any of the provisions of the sections i.e. from 149 to 171 (both inclusive) and for which no specific punishment is provided therein, the company and every officer of the company who is in default shall be punishable with fine which shall not be less than ` 50,000 but which may extend to ` 5,00,000.