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Non filing of the Form AOC-4 NBFC – MCA Imposes Penalty

February 9, 2024 2955 Views 0 comment Print

Uncover the details of the penalty imposed on Kudos Finance & Investments Pvt. Ltd. by the ROC Pune under the Companies Act for non-compliance issues.

Delay in Filing of MGT-4, MGT-5 & MGT-6: MCA Imposes Penalty of Rs. 1659200

February 9, 2024 4836 Views 0 comment Print

Discover the adjudication order imposing penalties of Rs. 16,59,200 on Kudos Finance And Investments Private Limited for delayed filing of MGT-4, MGT-5, and MGT-6 under Companies Act, 2013.

Company filed Unsigned Attachment to Form AOC-4: MCA Imposes Penalty

February 9, 2024 5427 Views 0 comment Print

Explore the MCA adjudication order imposing penalties on Kudos Finance And Investments Private Limited for filing unsigned attachments to Form AOC-4, violating section 134(6) of the Companies Act, 2013.

MCA Imposes Rs. 20000 penalty for Rs. 190 defect in eform PAS-3

February 9, 2024 10695 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) recently imposed a Rs. 20000 penalty for a Rs. 190 error in an eform PAS-3. Learn more about the implications and regulatory framework of this case.

CA Foundation December, 2023 Exam Results: Gender Analysis & Pass Rates

February 8, 2024 4386 Views 0 comment Print

Get insights into Chartered Accountants Foundation Exam results held in December 2023. Detailed gender-wise analysis of pass rates. Check now on ICAI’s website

Penalty for Non-Disclosure of Board Meeting Details in Director’s Report

February 8, 2024 2277 Views 0 comment Print

Penalty Imposed on Lions Co-ordination Committee for Failure to disclose of  number of board meetings conducted and their respective dates in Director’s Report

Penalty for not attaching Board Report on Related Party Contracts in Form AOC-2 

February 6, 2024 12813 Views 0 comment Print

The violation stemmed from the company’s failure to attach the required annexure (Form AOC-2) relating to the particulars of contracts or arrangements with related parties, despite stating compliance with Section 188 of the Companies Act, 2013, in its Board Report for the financial years 2018-19 and 2019-20.

MCA Fines Rs. 3.50 Lakh for Submitting Illegible Financial Statement via E-Form AOC-4

February 5, 2024 5040 Views 0 comment Print

Ministry of Corporate Affairs imposes penalties on M/S PRE-STRESSED UDYOG for non-compliance under Section 137 of the Companies Act, 2013. Details inside. 

Draft Reply DRC-01 on Late Generation of e-invoice with AATO Less than 100 crores

February 5, 2024 25677 Views 0 comment Print

Explore intricacies of challenging DRC-01 penalty for late e-invoice generation. Understand legal provisions, compliance details, and rectification process.

Disallowance of Expenditure under Section 43B(h) of Income Tax Act, 1961

February 5, 2024 90636 Views 4 comments Print

Introduction: The Finance Act of 2023 introduced a significant amendment to Section 43B of the Income Tax Act, 1961, with the addition of clause (h). This amendment aims to ensure timely payments to micro and small enterprises, safeguarding their liquidity from potential delays in customer payments. Section 43B Overview: Section 43B of the Act is the […]

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