Section 328 of the Companies Act, 2013
Section 328 of the Companies Act, 2013 deals with the Punishment for Contravention where no specific penalty or punishment is provided.
Section 328 — Punishment for Contravention Where No Specific Penalty Is Provided
If a person contravenes any provision of the Companies Act, 2013 for which no specific penalty or punishment is provided elsewhere in the Act, then that person shall be punishable with:
A fine which may extend to fifty thousand rupees, and
In case of a continuing failure, with a further fine which may extend to five hundred rupees for every day after the first during which the failure continues.
This section acts as a general penal provision for defaults not explicitly covered by other specific penalties in the Act.
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