GNI Infrastructure Limited filed a suo motu adjudication application dated 30.06.2026 under Section 454 of the Companies Act, 2013 regarding a default under Rule 8 of the Companies (The Registration Offices and Fees) Rules, 2014. The company stated that Form MGT-7 for FY 2022-23 omitted the date of the Board Meeting relating to the appointment of the Managing Director, Company Secretary and Chief Financial Officer. The noticee, Harvindersingh Basantsingh Bindra, accepted the default, stated that the omission resulted from an inadvertent clerical/drafting oversight without mala fide intent, and requested adjudication based on written submissions without a personal hearing. The Adjudicating Officer held that under Rule 8(3), the authorised signatory is responsible for the correctness of the contents and enclosures of the e-form and imposed a penalty of ₹10,000 on Harvindersingh Basantsingh Bindra under Section 450 of the Companies Act, 2013 for non-compliance with Rule 8(3). The order also directed rectification of the default and payment of the penalty within 90 days of receipt of the order.
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
ROC Mumbai II
100, Everest, Marine Drive, Mumbai, Maharashtra, India, 400002
Phone: 022-22812627
E-mail: roc.navimumbai@mca.gov.in
Order ID: PO/ADJ/07-2026/MR/02569 | Dated: 23/07/2026
ORDER FOR ADJUDICATION OF PENALTY UNDER SECTION 454 OF THE COMPANIES ACT, 2013 (‘THE ACT’) FOR VIOLATION OF SECTION 450 OF THE COMPANIES ACT, 2013.
A. Appointment of Adjudicating Officer:
Ministry of Corporate Affairs vide its Gazette notification number S.O. 698(E) dated 10/02/2026 appointed undersigned as Adjudicating Officer in exercise of the powers conferred by section 454 of the Companies Act, 2013 [herein after known as Act] read with Companies (Adjudication of Penalties) Rules, 2014 for adjudging penalties under the provisions of this Act.
B. Company details:
In the matter relating to GNI INFRASTRUCTURE LIMITED [herein after known as Company] bearing CIN U42101MH2007PLC173342, is a company registered with this office under the Provisions of the Companies Act, 2013/1956 having its registered office situated at C/O GN HOUSE, 3RD FLOOR, GUT NO. 107, PLOT NO. 07, RENUKA MATA KAMAN, SATARA PA, AURANGABAD SATARA PARISAR AURANGABAD AURANGABAD MAHARASHTRA INDIA 431010
Individual details:
In the matter relating to HARVINDERSINGH BASANTSINGH BINDRA______________
C. Provisions of the Act:
If a company or any officer of a company or any other person contravenes any of the provisions of this Act or the rules made thereunder, or any condition, limitation or restriction subject to which any approval, sanction, consent, confirmation, recognition, direction or exemption in relation to any matter has been accorded, given or granted, and for which no penalty or punishment is provided elsewhere in this Act, the company and every officer of the company who is in default or such other person shall be 1[liable to a penalty of ten thousand rupees, and in case of continuing contravention, with a further penalty of one thousand rupees for each day after the first during which the contravention continues, subject to a maximum of two lakh rupees in case of a company and fifty thousand rupees in case of an officer who is in default or any other person]
D. Facts about the case:
1. Default committed by the officers in default/noticee – Whereas Registrar of Companies Mumbai-II (hereafter referred to as the ROC) is in receipt of a suo-moto Adjudication application dated SRN AC4231392 dated 30.06.2026 filed by the Company (hereafter referred to as the Applicant) under Section 454 of the Companies Act, 2013 (hereinafter referred to as the Act) for default under Rule 8 of the Companies (The Registration Offices and Fees) Rules, 2014.
Rule 8 of the Companies (The Registration Offices and Fees) Rules, 2014 reads as:
(1)An electronic form shall be authenticated by authorised signatories using digital signature and
(2)Rule 8 (3) reads as the authorised signatory and the professional, if any, who certify e-form shall be responsible for the correctness of the contents of e-form and correctness of the enclosures attached with the electronic form.
The applicant in adjudication application has stated it had not mentioned the date of Board meeting relating to the appointment of Managing Director, Company Secretary and chief financial Officer in the form MGT-7 filed vide SRN F93992436 for FY 2022-23. As per Rule 8(3) of the Companies (The Registration Offices and Fees) Rules, 2014, the authorised signatory and the professional who certifies the form shall be responsible for correctness of contents of e-form and correctness of enclosures attached with the e-form. Section 450 of the Companies Act, 2013 provides punishment for the contravention where no specific punishment is provided. Thus, Harindersingh Basantsingh Bindra is liable for penalty under section 450 of the Companies Act, 2013 as officers in default.
Further, you are directed to provide a certified true copy of minutes of meetings held for the appointment of the appointment of Managing Director, Company Secretary and chief financial Officer.
2. The noticee in his reply to show cause notice has submitted that he does not wish to avail the opportunity of personal hearing and requests that the matter may be adjudicated based on the submissions made herein.
E. Order:
1. i. the noticee in his reply to show cause notice has submitted that he accepts the default as stated in the suo-moto adjudication application. The inadvertent error occurred due to a clerical/drafting oversight, wherein the date of the Board Meeting approving the appointment of the Managing Director, Company Secretary and Chief Financial Officer was inadvertently omitted in Form MGT-7 for FY 2022-23. The lapse was unintentional and without any mala fide intent.
ii. Rule 8 (3) of the Companies (The Registration Offices and Fees) Rules, 2014 reads as the authorised signatory and the professional, if any, who certify e-form shall be responsible for the correctness of the contents of e-form and correctness of the enclosures attached with the electronic form. Hence, HARVINDERSINGH BASANTSINGH BINDRA is liable for penalty for non-compliance of Rule 8 (3) of the Companies (The Registration Offices and Fees) Rules, 2014.
iii. In view of the fact of the case and reply submitted by the noticee, a penalty of Rupees Ten thousand is being imposed on HARVINDERSINGH BASANTSINGH BINDRA having DIN as 01553752.
2. The details of penalty imposed on the company, officers in default and others are shown in the table below:
| (A) | Name of person on whom penalty imposed (B) | Rectification of Default required (C) | Penalty Amount (D) | Additional Penalty (E) (*Per day of continuing default i.e. date of rectification of default less order issue date) | Maximum limit for Penalty (F) |
| 1 | HARVINDERSIN GH BASANTSINGH BINDRA having DIN as 01553752 | 10000 | 0 | 50000 |
3. The notified officers in default/noticee shall rectify the default mentioned above and pay the penalty, so applicable within 90 days of receipt of the order.
4. The notified officers in default/noticee shall pay the penalty amount via ‘e-Adjudication’ facility which can be accessed through the respective login IDs on the website of Ministry of Corporate Affairs and upload the copy of paid challan / SRN of e-filing (if applicable) on the ‘e-Adjudication’ portal itself. It is also directed that the penalty so imposed upon the officers in default shall be paid from their personal sources/income.
5. Appeal against this order may be filed in writing with the Regional Director, RD Navi Mumbai within a period of sixty days from the date of receipt of this order, in Form ADJ setting for the grounds of appeal and shall be accompanied by a certified copy of this order [Section 454 (5) & 454 (6) of the Act, read with Companies (Adjudication of Penalties) Rules, 2014].
6. For penal consequences of non-payment of penalty within the prescribed time limit, please refer Section 454(8) of the Companies Act, 2013.
Anannya Saikia,
Registrar of Companies
ROC Mumbai II
