ROC penalized the company and directors for conducting a board meeting 79 days late, reinforcing strict compliance with Section 173(1) timelines.
Authorities held that directors violated Section 184 by not filing Form MBP-1 for FY 2023-24. A penalty of ₹1 lakh each was imposed for the disclosure lapse.
MCA imposed penalties for delayed board meetings, citing a 427-day gap as non-compliance. The order directs payment within 90 days and outlines appeal rights and consequences for non-payment.
ROC held that financial statements signed without prior Board approval violated Section 134(1), attracting penalties on the company and directors. The key takeaway is that Board authorization is mandatory before signing audited accounts.
ROC Bengaluru imposed penalties for a 403-day delay in issuing share certificates, citing violation of Section 56. The order directs payment within 90 days and outlines the appeal process.
The adjudicating authority held that failing to fill the company secretary vacancy for over three years violated Section 203(5). Full penalties were imposed as the company was not eligible for reduced relief.
The ROC imposed penalties after finding that CSR funds meant for ongoing projects were wrongly spent and not transferred to Schedule VII funds. The key takeaway is that improper use of unspent CSR amounts triggers liability under Section 135(5).
The ROC Bengaluru imposed penalties for a 94-day delay in conducting the required board meeting, citing violation of Section 173(1). The order directs payment within 90 days and outlines the appeal process
The adjudicating authority held that failure to include an email ID on the company letterhead violated Section 12(3)(c), imposing reduced penalties due to small-company status.
Authorities imposed penalties after finding continued failure to file financial statements for FY 2019-20. The order directs rectification, personal payment by officers, and outlines appeal and compliance requirements.
