Penalties were levied after directors’ DINs were found deactivated for non-compliance with Rule 12A. The key takeaway is that even procedural defaults invite statutory penalties.
The Registrar held that failure to attach mandatory declarations in incorporation filings violates Section 7 of the Companies Act. Maximum penalties were imposed under the residuary provision for non-compliance.
The authority held that non-filing of annual returns within the prescribed time violates Section 92(4). In the absence of any response, statutory penalties were imposed on both the company and its directors.
Observing prolonged non-compliance with annual return filing requirements, the authority levied penalties up to the statutory maximum. The default was held proved due to absence of any response.
ROC Pune imposed penalties for failure to disclose required details in MGT-14 while issuing shares. Relief under Section 446B was granted due to start-up and small company status.
The Registrar held that non-filing of annual returns violates Section 92(4) of the Companies Act. Monetary penalties were imposed on the company and its officers for continued non-compliance.
The Registrar held that non-filing of e-Form INC-22A constitutes a violation of Rule 25A read with Section 450. Maximum penalties were imposed due to continued default and non-response to notice.
Authorities held that non-attachment of the Board’s Report to annual financial statements violates Section 134. The company and its directors were penalised due to complete non-response to statutory notices.
Failure to comply with statutory requirements for financial statements resulted in penalties under Section 134(8). Directors were held personally liable due to lack of response to the show cause notice.
ROC imposed penalty for failure to file mandatory DIR-3 KYC, leading to DIN deactivation. The order reinforces strict compliance with director KYC requirements to avoid maximum penalties.
