Penalty Imposed on Lions Co-ordination Committee for Failure to disclose of number of board meetings conducted and their respective dates in Director’s Report
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The violation stemmed from the company’s failure to attach the required annexure (Form AOC-2) relating to the particulars of contracts or arrangements with related parties, despite stating compliance with Section 188 of the Companies Act, 2013, in its Board Report for the financial years 2018-19 and 2019-20.
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