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Archive: 23 August 2024

Posts in 23 August 2024

Retrospective GST Cancellation Unjustified: Vague reasoning & Lack of Proposal in SCN

August 23, 2024 546 Views 0 comment Print

Court rules against retrospective GST registration cancellation due to lack of notice and reasoning, emphasizing principles of natural justice.

GST Order traveled beyond SCN: Madras HC Orders Reassessment & 10% Pre-Deposit

August 23, 2024 939 Views 0 comment Print

Madras HC directs reassessment of GST demand and mandates a 10% pre-deposit. The original order was beyond the scope of the show cause notice.

Failure to Produce Certified Copies of Register of Members & Share Transfer Forms (MGT-1, SH-4): MCA imposes Penalty

August 23, 2024 1740 Views 0 comment Print

Penalty imposed on Cryo Scientific Systems for failure to maintain proper registers under Companies Act 2013. Learn more about the adjudication order.

MCA Penalizes SBO, Company & Director for 1636-Day Delay in BEN-2 Filing

August 23, 2024 663 Views 0 comment Print

MCA penalizes SBO for a 1636-day delay in filing BEN-2 and Astrum Stamping Pvt. Ltd. and its director for  violating Sections 90(4A) and 90(7) of Companies Act.

Failure to obtain & submit Secretarial Audit Report: MCA imposes penalty

August 23, 2024 3366 Views 0 comment Print

Faurecia India fined for failing to include Secretarial Audit Report in Board Report under Section 204 of Companies Act, 2013, by Maharashtra ROC.

MCA Imposes Penalty for Insufficient Prominence of Proxy Details in Meeting Notices

August 23, 2024 1152 Views 0 comment Print

The Registrar of Companies, Maharashtra, Pune, issued an adjudication order penalizing Vitthal Corporation Limited under Section 105 of the Companies Act, 2013.

Delay in filing of From BEN-2 – MCA imposes Penalty

August 23, 2024 909 Views 0 comment Print

Adjudication order issued for Jain Recycling Pvt Ltd for non-compliance with Section 90 of the Companies Act, 2013. Details of violations and penalties outlined.

Non-Filing of E-Form CHG-4 for Satisfaction of Charge: MCA Imposes Penalty

August 23, 2024 2616 Views 0 comment Print

Cryo Scientific Systems fined for not filing e-form CHG-4 to report satisfaction of charge under Section 82 of the Companies Act, 2013.

ITC Denial for Supplier Default; No Natural Justice Violation: HC Advises statutory Remedies

August 23, 2024 2202 Views 0 comment Print

Madras HC upholds reversal of ITC in Vijay Impex case, finds no violation of natural justice despite petitioner’s compliance with Circular No. 183.

Non-Disclosure of Loans & Director Remuneration in Related Party Transactions: MCA imposes Penalty

August 23, 2024 1899 Views 0 comment Print

Cryo Scientific Systems Private Limited fined for non-disclosure of related party transactions and remuneration, violating Section 134 of the Companies Act, 2013.

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