What is the punishment for a company committing an offence under Section 45 of PERA Act 2024?

According to Section 45 of PERA Act 2024, when a company commits an offence, it cannot be subjected to imprisonment; instead, the law prescribes financial penalties. The company may be required to pay a fine, bear costs, or provide compensation as determined by the enforcement authorities or courts.

This provision ensures that companies are held accountable for violations in a manner suitable for corporate entities. Monetary penalties serve both as punishment and deterrence, encouraging companies to comply with regulations and avoid actions that may harm the public or State interests. Jail is not applicable to corporate bodies, and other options such as civil penalties or blacklisting alone are insufficient under Section 45.

By enforcing fines, costs, or compensation, Section 45 promotes corporate responsibility, legal compliance, and accountability, ensuring that companies take preventive measures and adhere to the provisions of the PERA Act 2024.