6 .
(1) Every firm or person carrying on business under a business name on or before the appointed date whether or not such firm or person has been registered prior to the appointed date shall furnish the statement of particulars required under section 4 in duplicate. |
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(2) The statement of particulars under subsection (1) shall be furnished within six months of the appointed date or within such further period as the Registrar may on application allow and shall be signed-
| | (a) In the case of an individual by him; | | |
| | (b) in the case of a corporation by the director or the | | |
| | (c) in the case of a firm by all the partners,. | | |
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(3) Where any firm or person registered prior to the appointed date fails to furnish the statement of particulars under subsection (1) within the period of time or such further period of time as is specified under sub- section (2) the registration of such firm or person shall be deemed to be in default and the certificate of registration of such firm or person shall be deemed to be cancelled from the date of such default and the Registrar shall record such fact in his register. |
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(4) Where any firm or person continues to carry on business after cancellation of registration, such firm or person shall be guilty of an offence and shall be liable on conviction for a fine not exceeding five thousand rupees and where the offence is continued after conviction such firm or person shall be liable to a fine not exceeding one hundred rupees for every day during which the offence continues after conviction. |
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