Penalty for refusal to produce books/papers

Corporate1960195 sections

Statutory text

(2) If any such person refuses to produce before the Registrar or any person authorised by him under sub-section (1) of section 59 any book or paper which is his duty under sub-section (1) to produce or to answer any question which is put to him by the Registrar or the person authorised by the Registrar in pursuance of sub-section (1), the Registrar or the person authorised by the Registrar may certify the refusal and the Registrar may, after hearing, any statement which may be offered in defence punish the defaulter with a penalty not exceeding Rs. 1,000. Any sum imposed as penalty under this section shall, on the application by the Registrar or the person authorised by him, to a Magistrate, having jurisdiction, be recoverable by the Magistrate as if it were a fine imposed by himself.

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