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 ...
ROC Delhi penalized a company for issuing its private placement offer letter before filing the required resolution with the Registrar, violating Section 42(3) of the Companies Act. The order highlights that even inadvertent lapses in securities issuance attract penalties.
ROC Kanpur fined SEN HON LEE TECHNOLOGIES and three directors ₹3,50,000 for violating Section 173(1) by exceeding the 120-day limit between Board Meetings.
ROC Kanpur imposed a ₹40,000 penalty on SEN HON LEE TECHNOLOGIES and directors for violating Section 118/146, stemming from the company’s auditor failing to attend two AGMs.
ROC Kanpur has penalized GORDON HERBERT (INDIA) LIMITED ₹6,00,000 for failing to appoint an Independent Director as mandated by Section 149(4) of the Companies Act, 2013.
ROC Kanpur levied a ₹55,000 penalty on SEN HON LEE TECHNOLOGIES and 6 directors for continuous failure to comply with Secretarial Standard-1 rules on minute and attendance books.
ROC Kanpur imposed a ₹8,00,000 penalty on GORDON HERBERT (INDIA) LIMITED and its directors for violating Section 177 by failing to establish a mandatory Audit Committee.
SEN HON LEE TECHNOLOGIES and its directors failed to consecutively number pages and record dates of minutes for AGMs held on 31.12.2020 and 30.11.2021, violating Section 118(11) read with Secretarial Standard-2. ROC Kanpur imposed penalties of ₹25,000 on the company and ₹5,000 per officer, highlighting directors’ compliance responsibility.
A small software company faced a maximum penalty of ₹2 lakh for delayed filing of financial statements. The ruling demonstrates MCA’s strict enforcement and timelines for filing under the Companies Act.
ROC Kanpur issues Order PO/ADJ/10-2025/KN/00752, imposing an ₹83,400 penalty on Haiderpur Fertilizer Producer Co. and its 5 directors for late filing of FY2024 Financial Statements.
Haiderpur Fertilizer Producer Company Ltd. and its directors were penalized for failing to file Financial Statements for FY 2022-23. ROC Kanpur imposed fines under Section 137(3) of the Companies Act, highlighting directors’ personal liability.
