law: Companies Act, 2013 
  86.
  
   Punishment
  
  for contravention.
  If
  
  any company contravenes any provision of this Chapter, the company shall be
  
  punishable with fine which shall not be less than one lakh rupees but which may
  
  extend to ten lakh rupees and every officer of the company who is in default
  
  shall be punishable with imprisonment for a term which may extend to six months
  
  or with fine which shall not be less than twenty-five thousand rupees but which
  
  may extend to one lakh rupees, or with both.