INDIA CODE
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25 July 1981. The pages below are read as at that date. Where a page holds no text for it, the page says so. Clear the date

Section 10, National Company (Acquisition and Transfer of Undertakings) Act, 1980 [S1R-N10]

As at 25 July 1981. In force from 25 July 1981 by S.O. 3864(E) [N12-12B].

In National Company (Acquisition and Transfer of Undertakings) Act, 1980 [A10-THQ]. This text from 25 July 1981 to 5 May 1996. Other texts (1): from 6 May 1996.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 10, National Company (Acquisition and Transfer of Undertakings) Act, 1980 [S1R-N10]. Machine: S1R-N10@1981-07-25.

10. Penalty for contravention.—(1) Whoever contravenes the provisions of section 4 or section 5 shall be punishable with fine which may extend to twenty-five thousand rupees, and in the case of a continuing contravention, with an additional fine which may extend to one lakh rupees for every day during which the contravention continues after conviction for the first such contravention. (2) Whoever contravenes any other provision of this Act or the rules made thereunder, for which no penalty is elsewhere provided, shall be punishable with fine which may extend to one thousand rupees.

Defined terms in this text (0)

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Made under this section, or naming it (0)

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Cited by (1)

Section 2, National Company (Acquisition and Transfer of Undertakings) Act (Amendment) Act, 1996 [S1Y-XT3], 6 May 1996, Band A. "section 10 of the National Company (Acquisition and Transfer of Undertakings) Act, 1980 (42 of 1980)".

Not held (0)

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Section 10, National Company (Acquisition and Transfer of Undertakings) Act, 1980 [S1R-N10]