Company Law : The FAQ clarifies that the Companies Act, 2013 does not restrict adjournment of a duly convened and commenced AGM. An adjourned AG...
Company Law : This FAQ examines the statutory authorities empowered to convene an Extraordinary General Meeting under the Companies Act, 2013. I...
Company Law : The 2025 amendment replaces annual DIR-3 KYC filings with a triennial compliance framework. Directors now need to file KYC once ev...
Company Law : The article explains when private companies can rely on MCA exemptions to borrow through board approval alone. It highlights the b...
Company Law : The article explains how Audit Committee, Board, and shareholder approvals apply to related party transactions under corporate law...
Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...
Company Law : The initiative addresses inefficiencies in the current filing system and proposes consolidation and automation. It highlights a sh...
Company Law : NFRA found major deficiencies in audit documentation and archival practices. The report highlights the need for stronger controls ...
Company Law : The inspection report highlights deficiencies in audit documentation, independence monitoring and compliance with auditing standar...
Company Law : The regulator found that the audit firm lacked an effective monitoring mechanism to ensure firmwide independence policies were pro...
Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...
Corporate Law : That the period of lockdown ordered by the Central Government and the State Governments including the period as may be extended ei...
Company Law : The MCA has amended the valuation rules to require Registered Valuer Organisations to maintain a minimum paid-up capital of ₹25 ...
Company Law : The Registrar of Companies penalized the company and its authorized signatory after an incorrect document was attached with Form A...
Company Law : MCA amends Schedule VII of the Companies Act to include subscription to zero coupon zero principal instruments on Social Stock Exc...
Company Law : MCA has amended the CSR Rules to recognize zero coupon zero principal instruments issued by Social Stock Exchange-listed NPOs. The...
Company Law : ROC Mumbai held that repeated return of official notices proved non-maintenance of a registered office under Section 12(1) of the ...
Talent Alloys Private Limited and its Directors have not filed Annual Return and Financial Statement pursuant to sub-section (4) of Section 92 and Sub-section (1) of Section 137 of the Act, thereby attracting penal provisions under Sub-Section (5) of Section 92 and Sub-section (3) of Section 137 of the Act respectively. The offence is of […]
Company and its Directors have not filed Annual and Financial Statement pursuant to Section 92(4) and Section 137(1) of Companies Act, thereby attracting penal provisions under Section 92(5) and Section 137(3)
In terms of the provisions of section 42(8) of the Act r/w Rule 14 (6) of Companies (Prospectus and Allotment of Securities) Rules, 2014 the Company was required to file e-forms PAS-3 within fifteen(15) days of the date of each allotment.
Whereas, the company is in default for filing its Financial Statements since its incorporation with the office of Registrar of Companies, Patna. Hence, this office has issued show cause notice for default under section 137 of the Companies Act, 2013 vide No ROC/ PAT/ SCN/ 137/ 22447/ 1166-1169 dated 23.08.2022. As per MCA portal, paid […]
As per MCA Registry company has not filed its Financial Statements for the financial year 2019-20 and 2020-2021. This office has issued Show Cause Notice for violation of section 137(1) of the Companies Act, 2013 read with Companies (Adjudication of Penalties) Rules, 2014
Government of India Ministry Of Corporate Affairs Office of the Registrar of Companies, Bihar-Cum-Official Liquidator, High Court, Patna 4th Floor, ‘A’ Wing, Maurya Lok Complex Dakbunglow Road, Patna-800001 No.: ROC/Pat/Inspn./54521/S-12/2219 Dated: 06.12.2022 Order for penalty for violation of Section 12(3)(a) of the Companies Act, 2013 M/S. SUKHASAN FARMER PRODUCER COMPANY LIMITED CIN: U011001322020PTC054521 Appointment of Adjudication […]
This article discusses the penalty imposed by the Ministry of Corporate Affairs (MCA) on ULTRAFINE MINERAL & ADMIXTURES PRIVATE LIMITED for receiving an Inter Corporate Deposit before filing the required declaration (INC-20A)
MCA impose a penalty of Rs. 100000 (one lakh) on the company and Rs. 100000 (one lakh) each on the 3 (three) directors of the company under section 12(8) of the Act for failure in compliance of section 12(1) and 12(4) of the Companies Act, 2013.
Company has failed to mention contact number etc. on its letter head in compliance of provisions of section 12(3)(c) of the Companies Act, 2013 which shows that company has made the violation of Section 12 of the Companies Act, 2013. In compliance of the direction received, SCN u/s 454 was issued and sent to the […]
Provisions of Section 92 of Companies Act, 2013 has been contravened by Moonbeam Vinimay Private Limited and its directors/officers and therefore they are liable for penalty u/s 92(5).
