Section 17 | Company law | Simplified Now


  • Post By CS Saheb Dumbwani
  • 26 November, 2019
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Section 17:- Copies of memorandum and articles to be given to members.


✓ A company shall,on being so requested by by a member for a copy of Articles, Memorandum, resolutions, agreement as prescribed in the act , company shall send to him within 7 days Subject to payment of such fees as may be prescribed.


✓ If a company makes any default in complying the Provisions of this section, the company and every officer of a company in default shall be liable for each default, to a penalty of one thousand rupees for each day during which such default continues or one lakh rupees, whichever is less.


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By:- CS Saheb Dumbwani

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