NCLT Compounds Delay in Holding AGM by Kolhapur Hotels

Kolhapur Hotels Pvt. Ltd. Vs Registrar of Companies Pune (NCLT Mumbai) The National Company Law Tribunal (NCLT), Mumbai Bench, considered a petition filed by Kolhapur Hotels Private Limited and its two directors under Section 441 of the Companies Act, 2013 seeking compounding of an offence arising from non-compliance with Section 96, read with Section 99, for failure to hold the Annual General Meeting (AGM) for FY 2016-17 within the prescribed time. The petitioners sought compounding of the default, requested that the continuous default be brought to an end, and prayed for directions restraini...