Multiple choice

How much is the maximum penalty for use of word 'Private Limited' per day in contravention of law?

  1. Rs. 400

  2. Rs. 500

  3. Rs. 600

  4. Rs. 700

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

 The fine may extend to Rs 500 per day by an entity in contravention of law as per section 631 of the Companies Act, 1956. 

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