ROC Ahmedabad penalized a company and its directors under Section 117(2) of the Companies Act 2013 for a 215-day delay in filing the Board Resolution for the Internal Auditor’s appointment (Form MGT-14). A total penalty of Rs.1,26,000 was imposed.
MCA has confirmed that extension of annual filing timelines till 31st December 2025 does not extend statutory deadline for holding AGMs under Companies Act, 2013. Companies missing AGM timelines remain liable for legal action.
Summary of Nomination and Remuneration Committee (NRC) requirements for public and listed companies. Details on composition, minimum members, director independence, and key functions.
