- 6933 Views
- 22 May 2019
- CS Aashima Goyal
- Blogs, Corporate Law,
Fine vs Penalty Fine Penalty In layman language fine is imposed on punishment of wrongdoing. For example, if anyone violates the traffic laws then he/she will be charged with fine. In layman language penalty is imposed when one is supposed to do or not to do a particular act. For example, if anyone has not pay electricity bill on due date then he/she will be charg......