Company Law : The article highlights how companies completed PAS-3 filings but failed to maintain critical Right Issue documentation such as off...
Company Law : The transition to the new MCA portal disrupted statutory filings due to login, DSC, and payment failures. The key takeaway is that...
Company Law : MCA V3 launches revised MGT-7 for FY 2024-25. PAN, Folio, and validation sheet are mandatory for shareholders; external Excel use ...
Company Law : MCA has updated annual forms MGT-7A and AOC-4 with new requirements for business activity codes, registered office details and sha...
Company Law : A summary of the new MGT-7 annual return form on the MCA's V3 portal, detailing the shift to a web-based system, new disclosure re...
Company Law : MCA has cautioned stakeholders against phishing calls, WhatsApp messages, emails, fake websites, and ZIP attachments impersonating...
Company Law : ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The pro...
Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...
Company Law : ICSI recommended restoring public access to basic company master data without mandatory login requirements. The representation sta...
Company Law : The update addresses repetitive annual KYC filings for directors. It allows filing once every three years, significantly reducing ...
Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...
Corporate Law : The MCA has introduced temporary relief measures extending name reservation validity and e-form resubmission deadlines affected by...
Company Law : MCA has allowed companies to file Form DPT-3 for FY 2025-26 without additional fees until 31 July 2026 due to disruptions caused b...
Company Law : ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are resp...
Company Law : ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155...
Company Law : ROC Mumbai penalized a Whole Time Director for filing Form DIR-12 with an incorrect CFO appointment date. The order reiterates tha...
A director was penalized for holding two DINs in violation of statutory provisions. The key takeaway is that even inadvertent non-compliance attracts strict penalties under company law.
The company failed to conduct the required number of board meetings and exceeded statutory time gaps. The key takeaway is that strict compliance with board meeting norms is mandatory.
Filing incorrect details in statutory forms attracts penalties even if later corrected. The key takeaway is that rectification does not erase liability for the original default.
The case involved non-maintenance of a functional registered office, evidenced by undelivered official communication. The authority imposed penalties, highlighting strict compliance with Section 12 requirements.
The case addressed prolonged possession of two DINs due to an inadvertent mistake. The authority imposed a ₹48,958 penalty, holding that duration of default justifies financial consequences despite bona fide intent.
This case examines whether an unintentional duplicate DIN attracts penalties under company law. The authority held that liability is strict, imposing a ₹50,000 penalty despite acknowledging bona fide conduct.
ROC Mumbai penalized the authorized signatory for incorrect AOC-4 filing where consolidated financial statements were omitted. The ruling reinforces accountability for accuracy in e-form certifications under company law.
The case involved allotment of shares before complete payment and issues with fund traceability. The authority held it as non-compliance and imposed penalties, treating it as a technical breach.
Failure to disclose registered valuer details in explanatory statements led to penalties under Section 450. Each instance was treated as a separate violation, resulting in significant cumulative penalties.
The authority imposed a penalty on the director for incorrect disclosure in Form AOC-4. It held that the signatory is responsible for accuracy of filings, even if the error was inadvertent.
