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The Companies Act, 1956

General (Section 615 to Section 658)

Section 626- Application of fines.

Section 626- Application of fines.

The Court or the Tribunal imposing any fine under this Act may direct that the whole or any part thereof shall be applied in or towards payment of the costs of the proceedings, or in or towards the rewarding of the person on whose information or at whose instance the fine is recovered.