Punishment for contravention
Section 86 of the Companies Act, 2013 deals with punishment for contravention. [ [(1)] If any company is in default in complying with any of the provisions of this Chapter, the company shall be liable to a penalty of five lakh rupees and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees]. The Act came into force on 01 Apr 2014.
1[ 2[(1)] If any company is in default in complying with any of the provisions of this Chapter, the company shall be liable to a penalty of five lakh rupees and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees].
3[(2) If any person willfully furnishes any false or incorrect information or knowingly suppresses any material information, required to be registered in accordance with the provisions of section 77, he shall be liable for action under section 447.]
Section 86, The Companies Act, 2013 (Act 18 of 2013).
Cross-references
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Questions about Section 86
What does Section 86 of the Companies Act deal with?
Section 86 of the Companies Act is headed "Punishment for contravention". [ [(1)] If any company is in default in complying with any of the provisions of this Chapter, the company shall be liable to a penalty of five lakh rupees and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees].
How do I find court cases under Section 86 of the Companies Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Companies Act 86, section 86 Companies Act, section 86 of the Companies Act. People searching for it also type companies act act no 86 of 2005 and companies act 2006 section 86 2. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 86 of the Companies Act, and has it changed?
Its own text turns on section 77 (Duty to register charges, etc), section 447 (Punishment for fraud), so none of them can safely be read on its own. One instrument names it without being made under it, most recently Commencement notification (2018).
When did Section 86 of the Companies Act come into force?
Section 86 of the Companies Act, cited as Companies Act 86, came into force on 01 Apr 2014, having been enacted on 29 Aug 2013. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Definitions5089 words
- 143. Powers and duties of auditors and auditing standards1867 words
- 230. Power to compromise or make arrangements with creditors and members1432 words
- 232. Merger and amalgamation of companies1416 words
- 149. Company to have Board of Directors1403 words
- 217. Procedure, powers, etc., of inspectors1390 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.