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Cs Madhur Gandhi

Latest Posts by Cs Madhur Gandhi

Auditor fined Rs.1,00,000/- for non-filing of ADT-3 for resignation

September 15, 2023 60300 Views 2 comments Print

Read about case of Dexter Biochem’s auditor fined Rs.1,00,000 for non-filing of ADT-3 resignation notice under Section 140(2) of Companies Act, 2013.

Tata Motors to Cancel DVR Shares and Simplify Capital Structure: A Milestone Decision After 15 Years

July 27, 2023 5454 Views 0 comment Print

Tata Motors makes a historic decision to cancel DVR shares, simplifying its capital structure after 15 years. Explore the impact on shareholders, taxation details, and the company’s innovative journey.

Penalties for Failure to Appoint Company Secretary: A costly oversight

June 28, 2023 1833 Views 0 comment Print

Explore a case study of GTZ Securities Limited, which faced penalties due to its failure to appoint a Company Secretary as mandated by the Companies Act, 2013. Discover the consequences, violations, and penalties imposed on the company and its directors.

ROC Delhi Imposes Penalty for Missing Minute Book Date and Serial Number

June 19, 2023 26145 Views 0 comment Print

ROC), Delhi, has imposed a penalty on Teleone Consumers Product Private Limited. The violation pertains to non-compliance with section 118(10) of the Companies Act, 2013, as detailed in an Inquiry Officer’s report. 

ESBTR Challan Payments: Simplifying Tax Payment Processes in India

May 16, 2023 4497 Views 0 comment Print

Simplify your tax payments in India with ESBTR Challan payments. Explore how this digital method enhances convenience, reduces errors, and provides transparency in tax transactions. Learn the step-by-step process and advantages.

Issuance of Optionally Convertible Debentures – Overview

May 15, 2023 69933 Views 0 comment Print

Companies Act of 2013 introduced Optionally Convertible Debentures (OCDs) as a financial instrument for companies to raise capital. This article provides a detailed understanding of OCDs, including their features, issuance process, regulatory compliance, and their impact on companies and investors.

Company & Directors penalized for failure to disclose Director’s shareholding in other Companies

April 28, 2023 1914 Views 0 comment Print

Sun Pharmaceutical Industries Limited and its Directors penalized for failure to disclose Director’s shareholding in other Companies in Form DIR 12 Name of the Company: Sun Pharmaceutical Industries Limited Order Date: 28/04/2023 ROC: Gujrat, Dadra & Nagar Haveli Violation: Section 170 (2) of the Companies Act, 2013 read with Rule 18 of the Companies (Appointment […]

Registered Valuer under Section 247 of Companies Act, 2013

April 12, 2023 32985 Views 0 comment Print

Navigate the intricacies of Section 247 of the Companies Act, 2013 governing registered valuers. Learn about their appointment, duties, and the importance of compliance for transparent and credible asset valuation.

Penalty imposed on company for not conducting 4 board meetings in a year

April 5, 2023 21471 Views 0 comment Print

ROC Delhi imposes penalty on Delhi based Private Limited Company for non-compliance of Section 118 of Companies Act, 2013 i.e. for not conducting 4 board meetings in a year. Facts: The Company had filed suo-motu an application for adjudication for violation of Section 118(10) of the Act, r/w Secretarial Standard -1, issued by ICSI, wherein […]

Directors’ Duties under Company Law

March 31, 2023 38388 Views 0 comment Print

Explore the key duties of directors under company law, including acting in good faith, exercising due care, avoiding conflicts of interest, maintaining confidentiality, and preventing insider trading. Learn from the Satyam scandal and understand the crucial role of directors in ensuring corporate governance and protecting stakeholders’ interests.

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