law: Companies Act, 2013 
  172.
  
    Punishment.
  
  Meetings of Board.
  If
  
  a company contravenes any of the provisions of this Chapter and for which no
  
  specific punishment is provided therein, the company and every officer of the
  
  company who is in default shall be punishable with fine which shall not be less
  
  than fifty thousand rupees but which may extend to five lakh rupees.