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Section 77

Registration of allotment in the register of members

of Companies Act 2016

ActIn forceProvision 77 of 768
Section 77

(2)

The company and every officer who contravene this section commit an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit and, in the case of a continuing offence, to a further fine not exceeding five hundred ringgit for each day during which the offence continues after conviction.