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...
The case involved non-compliance with mandatory appointment of a whole-time company secretary. The authority held that delayed rectification does not remove liability for past violations.
The authority penalized prolonged non-compliance with mandatory appointment requirements under Section 203. Despite later rectification, penalties were imposed, emphasizing strict adherence to statutory timelines.
ROC Pune penalized a company and its directors for failure to file commencement of business declaration within the prescribed period under Section 10A. The delay occurred after the foreign subscriber could not remit share capital due to SWIFT KYC issues.
The adjudicating authority penalized an individual for possessing dual DINs. The order reinforces strict compliance with DIN-related provisions under company law.
The authority penalized the company for conducting only one Board meeting instead of the required four in a year. It held that non-compliance with Section 173(1) attracts penalty under Section 450.
Holds that failure to appoint a whole-time Company Secretary within the statutory timeline attracts penalty under section 203(5). The key takeaway is that delays, even if due to transition issues, do not excuse non-compliance.
The case addressed non-filing of financial statements under Section 137(3). The authority ruled no penalty since compliance was validly undertaken by the Resolution Professional during CIRP.
The case involved non-filing of annual return under Section 92(5). The authority held that filing through GNL-2 by the RP during CIRP constituted valid compliance, resulting in no penalty.
The MCA has released draft amendments to simplify company incorporation procedures and reduce compliance requirements. The proposal focuses on form consolidation, digital processes, and streamlined documentation.
The company failed to form mandatory board committees for over four years. The authority held that each non-compliance attracts separate penalties.
