The government has notified a clear wage ceiling for supervisory roles. Earnings above this limit remove such employees from worker coverage under the Code.
The authority held that inability to produce Board and AGM minutes constitutes non-compliance despite historical flood damage. Fixed penalties were upheld as mandatory under the Act.
The Registrar of Companies, Kolkata passed an adjudication order under Section 454 of the Companies Act, 2013, imposing penalties for violation of Rule 8(3) of the Companies (Registration Offices and Fees) Rules, 2014 read with Section 450 of the Act. The case arose from the filing of an e-Form MGT-7A containing incorrect particulars, where the […]
Stressing that the MCA registry is a public and relied-upon record, the authority imposed penalties for inaccurate disclosures. The ruling underscores strict compliance expectations for statutory e-filings.
The authority held that filing an e-form with wrong particulars constitutes a completed contravention. Later requests to mark the form as defective do not eliminate penalty liability.
An adjudication order confirms penalties for violation of statutory annual return requirements under the Companies Act. The ruling highlights that directors are personally liable when compliance defaults continue unrectified.
An adjudication order confirms personal penalties on officers in default for breach of Section 92 filing obligations. The ruling highlights that directors remain accountable when statutory filings are ignored.
The Registrar imposed penalties for failure to file Form MGT-7 within the prescribed time. The order reiterates strict compliance with annual return filing requirements despite concessional treatment for eligible entities.
The order holds that failure to issue share certificates within the prescribed two-month period attracts penalties under Section 56(6). Subsequent rectification does not erase the original default.
The regulator has consolidated all operative circulars under the LODR framework into a single master reference. The update simplifies compliance while preserving past actions and liabilities.
