(1) If a company or any officer of a company having made default in complying with any provision of this Act fails to make good the default within 14 days after the service of a notice on the company or officer requiring it or him to do so or such greater period as may be specified in the notice, the court may, on an application made to the court by any member or creditor of the company, by the Director or by the registrar of companies, make an order directing the company and any officer thereof to make good the default within such time as may be specified in the order.
(2) Any such order may provide that all costs of and incidental to the application shall be borne by the company or by any officers of the company responsible for the default.
(3) Nothing in this section shall be taken to prejudice the operation of any enactment imposing penalties (including restriction under section 150, or disqualification under section 160, of the Companies Act, 1990) on a company or its officer