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Archive: May, 2024

Posts in May, 2024

Failure to Maintain Minimum paid-up capital: MCA Imposes ₹4.5 Lakh Penalty

May 24, 2024 156 Views 0 comment Print

Reflektion Media Software India Pvt. Ltd. failed to maintain the minimum paid up capital as prescribed for a private company of Rs. 1,00,000 –  MCA imposes Penalty

MCA Imposes Penalty for Inadequate Board Report Disclosures

May 24, 2024 198 Views 0 comment Print

MCA imposes penalties on Reflektion Media Software for failing to disclose key details in Board Reports for multiple financial years under Section 134(3).

MCA Imposes Penalty on Company & Directors for Not Maintaining Minutes

May 24, 2024 171 Views 0 comment Print

Jai Shree Krishna Steel Works fined ₹25,000 by MCA for failing to maintain meeting minutes as per Section 118 of the Companies Act, 2013.

Failure to Convene Board meeting within prescribed Period: MCA imposes Penalty

May 24, 2024 87 Views 0 comment Print

Aspect Contact Center Software India fined by ROC Karnataka for failing to hold board meetings as required by Section 173(1) of the Companies Act, 2013.

Failure to include contact details on letterheads: MCA levied ₹4 Lakh Penalty

May 24, 2024 561 Views 0 comment Print

G2.Com India Pvt Ltd fined for not including required contact details on letterheads per Companies Act, 2013. Penalty details and appeal process outlined.

Failure to include attendance slips & proxy forms in AGM notices: MCA imposes Penalty

May 24, 2024 324 Views 0 comment Print

Credii Technologies fined for failing to follow AGM notice rules in FY 2018-19 and 2019-20. Penalties and compliance details outlined by Registrar of Companies Karnataka.

Refund of Kerala Flood Cess – instructions issued

May 24, 2024 495 Views 0 comment Print

Learn about the latest guidelines for claiming Kerala Flood Cess refunds, including application procedures and processing steps, as per Circular No. 09/2024.

Failure to provide explanations or comments in Board Report: MCA imposes ₹16.5 Lakh Penalty

May 24, 2024 8130 Views 0 comment Print

Reflektion Media Software (India) penalized ₹12 lakh for non-compliance with Section 134(3) of the Companies Act, 2013. Directors also fined.

Classification & Notification of Parts to manufacture ASSY-Case front: CAAR Ruling

May 24, 2024 492 Views 0 comment Print

Read the CAAR ruling on Elentec India Pvt. Ltd.’s query regarding Customs duty exemption under Notification no. 09/2024 for manufacturing “ASSY-CASE-FRONT” and classification.

Time-barred claims by Creditors in IBC Proceedings should not to be considered

May 24, 2024 693 Views 0 comment Print

Analysis of Pooja Mehra vs Victory Ace case before NCLAT Delhi. Understanding IBC time limits, belated claims, and implications for creditors. Detailed judgment breakdown.

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