The Registrar of Companies (ROC) in Cuttack has penalized Z Estates Pvt. Ltd. and its director for failing to convert debentures into shares as per the original terms of issue.
The ROC Cuttack has issued a penalty order against Z Estates Private Limited and its director for failing to pay debenture interest annually, as required by the terms of issue.
ROC Cuttack imposes penalties on Hari Machines Ltd. and its directors for violating Section 136(1) of the Companies Act by failing to upload financial statements and other documents to its website.
The ROC Cuttack has issued an adjudication order against Z Estates Private Limited for failing to convert debentures into preference shares by the due date, leading to a penalty.
ROC Cuttack imposes penalties on Hari Machines Ltd. and its directors for paying managerial remuneration without government approval while the company was in loan default.