The Registrar of Companies (ROC), Pune, acting as the Adjudicating Officer, issued an order dated October 9, 2025, imposing penalties on WORLDDEVCORP TECHNOLOGY & BUSINESS SOLUTIONS PRIVATE LIMITED and its three directors for non-compliance with Section 118 of the Companies Act, 2013. This section mandates that every company must ensure that minutes of proceedings, including those of the Board of Directors, are prepared, signed, and kept within thirty days in books maintained for that purpose with their pages consecutively numbered. The related Rule 25(1)(b)(i) of the Companies (Management and Administration) Rules, 2014, further requires the minutes to be entered into the books with the date of entry within the same thirty-day period.
The default was detected during a physical verification and inspection of records conducted by the Inspecting Officer (IO). The IO observed that while the Board of Directors’ minutes were prepared, they were not maintained in the book prescribed for that purpose and lacked the date of entry, signifying a clear violation of the statutory requirements. Despite the company’s subsequent reply, the IO concluded that the explanation was unsatisfactory as the core non-compliance remained—the minutes were not formally maintained in the proper minute books with the necessary dating.
In the final adjudication, the company and its three officers—Zeeshaan Dildar Pathan, Heval Vasant Mehta, and Ayub Sheikh—accepted the violation, characterizing the default as unintentional and inadvertent, and committed to maintaining the records properly going forward. The ROC, finding a clear contravention of the Act, proceeded to impose the mandatory penalty as specified in Section 118(11). The company was penalized ₹25,000, and each of the three officers in default was penalized ₹5,000, resulting in a total penalty of ₹40,000. The penalized parties must pay the amount within 90 days of receiving the order, with the penalty on the officers directed to be paid from their personal funds. The order also informed the noticees that they have a period of sixty days to appeal the decision to the Regional Director, Mumbai.
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
ROC Pune
Registrar Of Companies, PMRDA Green Building, BLOCK A, 1st & 2nd Floor,
Near Akurdi Railway Station, Akurdi, Pune, Maharashtra, India, 411044
Phone: 020-27651375,020-27651378 | E-mail: roc.pune@mca.gov.in
Order ID: PO/ADJ/10-2025/PU/00732 Dated: 09/10/2025
ORDER FOR ADJUDICATION OF PENALTY UNDER SECTION 454 OF THE COMPANIES ACT, 2013 (‘THE ACT’) FOR VIOLATION OF SECTION 118(11) OF THE COMPANIES ACT, 2013.
A. Appointment of Adjudicating Officer:
Ministry of Corporate Affairs vide its Gazette notification number S.O. 831(E) dated 24/03/2015appointed 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 WORLDDEVCORP TECHNOLOGY & BUSINESS SOLUTIONS PRIVATE LIMITED [herein after known as Company] bearing CIN U72502PN2022PTC223851, is a company registered with this office under the Provisions of the Companies Act, 2013/1956 having its registered office situated at UNIT NO. 404, TOWER-1, WORLD TRADE CENTRE, DHOLEPATI FARMS ROAD, UNIT NO. 404, TOWER-1, WORLD TRADE CENTRE, DHOLEPATI FARMS ROAD, DUKIRKLINE PUNE PUNE MAHARASHTRA INDIA 411014
Individual details:
In the matter relating to ZEESHAAN DILDAR PATHAN [herein after known as individual] having DIN 07481803 and having its address at _____ MAHARASHTRA INDIA 440024
In the matter relating to HEVAL VASANT MEHTA [herein after known as individual] having DIN 09700880 and having its address at _____ MAHARASHTRA INDIA 411014
In the matter relating to AYUB SHEIKH [herein after known as individual] having DIN 09700881 and having its address at _____ MAHARASHTRA INDIA 411014
C. Provisions of the Act:
(11) If any default is made in complying with the provisions of this section in respect of any meeting, the company shall be liable to a penalty of twenty-five thousand rupees and every officer of the company who is in default shall be liable to a penalty of five thousand rupees.
D. Facts about the case:
1. Default committed by the officers in default/noticee – As per the provision of Section 118(1) of the Companies Act, 2013: “Every company shall cause minutes of the proceedings of every general meeting of any class of shareholders or creditors, and every resolution passed by postal ballot and every meeting of its Board of Directors or of every committee of the Board, to be prepared and signed in such manner as may be prescribed and kept within thirty days of the conclusion of every such meeting concerned, or passing of resolution by postal ballot in books kept for that purpose with their pages consecutively numbered.”
Further, As per Rule 25(1)(b)(i) of the Companies (Management and Administration) Rule, 2014 ?The minutes of proceedings of each meeting shall be entered in the books maintained for that purpose along with the date of such entry within thirty days of the conclusion of the meeting?
However, during the course of inspection IO observed on visit for physical verification of registered office and inspection of record that minute’s book of meeting of board of directors were prepared but not maintained in the book prescribed for that purpose along with date of entry. It is understood that minute’s books are not properly maintained hence, the company and its directors are liable for violation of section 118 of the Companies Act, 2013.
Accordingly, it was concluded by the IO that the reply of the company is not found satisfactory as the minute’s book of meeting of board of directors were prepared but not maintained in the book prescribed for that purpose along with date of entry. Hence, the company and its directors are liable for contravention of section 118 of the Companies Act, 2013.
2. The company did not request for e-hearing.
E. Order:
1. The company and the officers in default have accepted the violation and stated that the default was unintentional and inadvertent. It is further accepted by them that the minutes were not maintained in the prescribed format. The company has also committed to maintain the record in proper manner.
Therefore, In exercise of the powers conferred on the undersigned vide Notification dated 24th March, 2015 and having considered the facts and circumstances of the case mentioned herein above and after giving due opportunity to the Company and its officers, I hereby impose the following penalties on Company and its officers in default pursuant to Rule 3(12) of Companies (Adjudication Of Penalties) Rules, 2014 and the proviso of the said Rule and Rule 3(13) of Companies (Adjudication Of Penalties) Rules, 2014 r/w General Circular No. 1/2020 dated 02.03.2020, for violating the provisions of the Section 117 of the Companies Act, 2013 read with Rule 24 of the Companies (Management and Administration) Rules, 2014.
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 | WORLDDEVCOR P TECHNOLOGY & BUSINESS SOLUTIONS PRIVATE LIMITED having CIN as U72502PN2022P TC223851 | No | 25000 | 0 | 25000 |
| 2 | ZEESHAAN DILDAR PATHAN having DIN as 07481803 | No | 5000 | 0 | 5000 |
| 3 | HEVAL VASANT MEHTA having DIN as 09700880 | No | 5000 | 0 | 5000 |
| 4 | AYUB SHEIKH having DIN as 09700881 | No | 5000 | 0 | 5000 |
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 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.
Parvez Naikwadi,
Registrar of Companies
ROC Pune
