The Registrar of Companies, Mumbai II, issued an adjudication order dated 05 August 2026 under Section 454 of the Companies Act, 2013 for violation of Section 450 in the matter of Welldone Integrated Services Private Limited. The proceedings arose from a suo motu adjudication application filed by the company regarding incorrect filing of e-Form MGT-7A for the financial year 2024-25, where the disclosed board meeting dates did not cover all board meetings held during the year. The order records that the form was digitally signed by Mr. Mahesh Bharat Sarate, who, under Rule 8(3) of the Companies (Registration Offices and Fees) Rules, 2014, is responsible for the correctness of the contents and enclosures of the e-form. The noticee accepted the default, stated that it occurred inadvertently due to an administrative lapse, waived the right to a personal hearing, and requested adjudication based on the records. The Registrar imposed a penalty of ₹5,000 on Mr. Mahesh Bharat Sarate, directed rectification of the default and payment of the penalty within 90 days, and set out the procedure for appeal and consequences of non-payment.
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
ROC Mumbai II
100, Everest, Marine Drive, Mumbai, Maharashtra, India, 400002
Phone: 022-22812627
E-mail: [email protected]
Order ID: PO/ADJ/08-2026/MR/02625 Dated: 05/08/2026
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 WELLDONE INTEGRATED SERVICES PRIVATE LIMITED [herein after known as Company] bearing CIN U74900MH2009PTC198079, is a company registered with this office under the Provisions of the Companies Act, 2013/1956 having its registered office situated at UNIT NO. 214, OPAL SQUARE, PLOT NO.C-1 THANE WEST 400604 NA THANE THANE MAHARASHTRA INDIA 400604
Individual details:
In the matter relating to MAHESH BHARAT SARATE ————
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 vide SRN AC2886083 dated 08.04.2026 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(3) of the Companies (the Registration Offices and Fees) Rules,2014 on account of incorrect filing of E-form MGT-7A for Financial Year 2024-25.
Rule 8 (1) 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 that an inadvertent discrepancy regarding the board meeting dates is reported for the financial year 2024-25. Specifically, the dates disclosed in the Form MGT-7A does not cover all dates of the Board meetings and some dates are missing from the schedule of the board meeting held during FY 2024-25. The said form was digitally signed by Mr. Mahesh Bharat Sarate, Director of the Company. 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. Thus, Mr. Mahesh Bharat Sarate, is liable for penalty under section 450 of the Companies Act, 2013.
Further, you are directed to submitted certified true copy of Minutes of all the board meetings held during the FY 2024-25.
2. The noticee in his reply to show cause notice has submitted that the Company and its officers voluntarily waive their right to personal hearing under Section 454 of the Companies Act, 2313 and request that the matter may kindly be adjudicated based on the records and submissions available on file. therefore, no e-hearing was scheduled and order is passed ex-parte.
E. Order:
1. i. The noticee in his reply to show cause notice has submitted that the default/non-compliance referred to in the Show Cause Notice occurred inadvertently and without any intention to contravene the provisions of the Companies Act, 2013. The default was purely unintentional and arose due to oversight/administrative lapse.
ii. Rule 8 (3) of Companies (registration offices and fee) 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.
iii. The noticee has further submitted that the Company has no intention to dispute the facts stated in the Show Cause Notice and respectfully accepts the default. The Company and its officers submit themselves to the jurisdiction of the Hon’ble Adjudicating Officer and undertake to comply with the adjudication order and remit the penalty, if imposed, within the prescribed time.
iv. In view of the reply given by the noticee and facts of the case, penalty of Rupees Five thousand is being imposed on Mahesh Bharat Sarate having DIN as 05220953.
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 | MAHESH BHARAT SARATE having DIN as 08123337 | 5000 | 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
