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The Companies Act, 1956

Miscellaneous Provisions (Section 416 to 424)

Section 420 Penalty for contravention of sections 417, 418 and 419.

Section 420 Penalty for contravention of sections 417, 418 and 419.

Any officer of a company, or any such trustee of a provident fund as is referred to in sub-section (4) of section 418 who, knowingly, contravenes, or authorises or permits the contravention of the provisions of section 417,418 or 419, shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to ten thousand rupees.