Failure to attach share transfer details in the annual return resulted in penalties under the residuary provision. The ruling highlights that even minor filing omissions can trigger statutory penalties.
Failure to file the one-time DPT-3 return within the prescribed timeline resulted in penalties under Section 450. The authority held that delayed compliance, even if later rectified, constitutes a violation. The case highlights strict adherence to deposit reporting requirements.
The company admitted that omission of the resolution attachment was unintentional. However, the adjudicating authority still imposed penalties under Section 450. The ruling confirms that intent does not negate statutory compliance obligations.
A delayed filing of a special resolution beyond the statutory deadline resulted in penalties despite claims of bona fide error. The ruling highlights strict compliance obligations under the Companies Act.
Failure to maintain a separate bank account for private placement led to penalties equal to the funds raised. The ruling clarifies strict compliance under Section 42(6) and limits penalty to the lower of ₹2 crore or the amount raised.
Failure to disclose allottee occupation and complete details in PAS-3 resulted in penalties. The case highlights the importance of accurate and complete statutory filings.
Failure to disclose complete allottee details in PAS-3 attracted penalties under Section 450. The order highlights the importance of accurate reporting in securities allotment.
Delay in filing Form MGT-14 beyond statutory timelines led to penalties on the company and its directors. The case highlights strict enforcement of Section 117 compliance requirements.
The case involved non-compliance with Section 42 requirements during a private placement. The authority imposed maximum penalties, stressing that designated accounts must meet strict statutory standards.
The court refused to entertain a constitutional challenge raised to bypass limitation. It allowed filing of appeal with delay condonation subject to conditions.
