Companies Act, 1990
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Offences. |
262.—Where a company contravenes— | |
(a) any of the provisions of this Part, or | ||
(b) any regulations made in relation thereto (whether under this Part or under any other enactment), or | ||
(c) any condition in relation to its authorisation or business imposed by the Bank under section 257 , | ||
the company and every officer thereof who is in default shall be guilty of an offence. |