24 June 2011
Hi to all, Please let me know about penalty rate for late filling of DIN-2 by director to the company. Whether Director is liable to pay penalty or Company ?
But I have read from The book of Munish Bhandari that As per Section 266D if director does not intimate the company within 30 days there is fine of Rs.5000/- + Fine of Rs.500 per day if the default is continue...