Various Fines & Penalties Chart under Companies Act 2013

SL. No	Section	Nature of Default	Penalty	Person to be held responsible of offence
1	204	Default in Complying Secretarial Audit	Min – 1 lakh Max – 5 lakh	The Co. & every officer who is in default, CS in Practise
2	203	Default in Complying Appointment of KMP	Min – 1 lakh Max – 5 lakh	On Co.
			Max – 50,000/- & Contravention Continue then Rs. 1000/- per day	On Every Dir. & KMP
3	195	Prohibition on Insider Trading	Max Imprisonment – 5 Years OR Min Fine – 5 Lakh Max fine – 25 Cr 3times of profit(whichever is higher) OR Both	every officer who is in default
4	194	Prohibition on Forward Dealings by Dir or KMP	Max Imprisonment – 2 Years OR Min Fine – 1 Lakh Max fine – 5 Lakh OR Both	On Dir. & KMP
5	191	Payment to Dir for loss of Profit in connection with Transfer of Propery or Shares	Min Fine- 25,000/­Max Fine – 1 Lakh	On director
6	189	Fails to Comply Register of Contract in which Dir are interested	Fine – 25,000/-	Every Director
7	188	Violation of RPT Transaction Prepared	In Listed Co. – Max Imprisonment – 1 Years OR Min Fine – 25,000 Max fine – 5 Lakh OR Both In Any other Co. – Min Fine- 25,000/­Max Fine – 5 Lakh	Any Dir. or any other employee who entered into Contract

8	187	Default in Complying of – Investments of Company to be held in its own name	Min – 25,000/­Max – 25 Lakh	On Co.
			Max Imprisonment – 6 Months OR Min Fine -25,000/­Max fine – 1 Lakh OR Both	On Every Officer who is in Default
9	186	Loan & Investment by Company	Min – 25,000/­Max – 5 Lakh	On Co.
			Max Imprisonment – 2 Years AND Min Fine -25,000/­Max fine – 1 Lakh	On Every Officer who is in Default
10	185	Contraventiom of Loan to Director	Min – 5 Lakh Max – 25 Lakh	On Co.
			Max Imprisonment – 6 Months OR Min Fine -5 Lakh Max fine – 25 Lakh OR Both	On Director & person whom LGS provided
11	184	Default of Complying in Disclosure of interest by Direcrtor	Max Imprisonment – 1 Year OR Min Fine -50,000/­Max fine -1 Lakh OR Both	On Dir
12	182	Prohibition & Restriction on Plolitical Contribution	Max Fine – 5 times of the amount Contributed	On Co.
			Max Imprisonment – 6 Months AND Max Fine – 5 times of the amount Contributed	On Every Officer who is in Default
13	177	Audit Committee	On Company Min – 1 Lakh Max – 5 Lakh On Every Officer Max Imprisonment – 1 year OR Min Fine – 25,000/­Max Fine – 1 LakhOR Both
14	178	N & R Committee & Stakeholders RelationShip Committee

15	166	Default in Complying of Duties of Director	Min – 1 Lakh Max – 5 Lakh	On director of the Company
16	165	Person of accept Directorship in contravention of this section	Min – 5000 Max – 25000 for Every Day above limit	Person who Accept the appointment prescribed
17	139 to 146	Related to Auditor Ch.	Min – 25,000/­Max – 5 Lakh	On Co.
			Max Imprisonment – 1 Years OR Min Fine -10,000/­Max fine – 1 Lakh OR Both	On Every Officer who is in Default
18	135	Default in Complying CSR	NO FINE ONLY REASON
19	134	Default In disclosure of Board Report	Min – 50,000/­Max – 25 Lakh	On Co.
			Max Imprisonment – 3 Years OR Min Fine -50,000/­Max fine – 5 Lakh OR Both	On Every Officer who is in Default
20	197	Default in complying Max Managerial Remuneration payable	Min – 1 lakh Max – 5 lakh	The Co. & every officer who is in default