Every penalty provision which says ' for officer in default and company ' what it means?
for example if penalty is 10 lakhs then company and officers will pay individually 10 10 lakhs or combine 10 lakhs ?
Lalit Sanpal
CA Inter
★ 3K+
22-Feb-21 23:13
18
Answers (3)
Best Answer
Both are liable to pay individually.
Sahibdeep Singh
Moderator
23-Feb-21 11:48
And if there are 3 directors then all will pay individually too?