NCLT Order levy of compounding fee of Rs. 3.39 Lakh for Non Appointment of CS

This Petition is filed under Section 203 of the Companies Act, 2013 read with Rule 8A of the companies (Appointment and Remuneration of Managerial Personals) Rules, 2014 with a prayer for compounding of the violation committed under provisions of 441 of the Companies Act, 2013. The averments made in the Company Application are briefed here under:- The 1st Applicant i.e., Atyati Technologies Private Limited, is the Company; Mr. Prakash Ramachandra Prabhu– is the 2nd Applicant / Chief Executive Officer & Director. This suo- moto Application is filed by the Applicants for compounding for vi...