Section 113, The Companies Act, 2009

(1) Where a company has paid any sum by way ofcommission in respect of any shares in the company, the amount so paid or so much of it as has not been written off, shall be stated in every balance sheet of the company until the whole amount has been written off. company and every officer of the company in default commits an offence and be liable to a fine of Le500,000 for each day during which the default continues. Call on and payment for shares