ROC Cuttack penalised a company and its directors for violating Section 12(3)(c) of the Companies Act after finding that official letterheads omitted mandatory details such as telephone number, email, and website address.
ROC Cuttack penalised a company and its directors for not appointing a whole-time Chief Financial Officer despite paid-up capital exceeding the statutory threshold under the Companies Act.
ROC Mumbai penalised a company and its Managing Director for omitting disclosure regarding compliance with Secretarial Standards in the Board Report. The authority held that the omission violated Section 118(10) read with Section 134(5)(f) of the Companies Act, 2013.
The Income Tax Department increased monetary thresholds for assigning cases between ITOs and D/ACITs in Delhi Region. The revised limits aim to streamline jurisdictional allocation and improve administrative efficiency in tax assessments.
ROC Mumbai penalised a company and its directors after finding that board meeting minute books were not maintained in accordance with Secretarial Standards. The authority held that absence of serial numbering in minute books violated Section 118 of the Companies Act, 2013.
ROC Chennai held that an Additional Director who was not regularised at the AGM could not be treated as an officer in default during the violation period. The ruling highlights the importance of director status while fixing liability under the Companies Act.
The GST Appellate Tribunal issued a detailed order constituting benches across India and classifying GST disputes into three categories. The order aims to streamline hearing allocation, bench functioning, and appeal management under the GST regime.
ROC Delhi imposed penalties under Section 450 after a company failed to appoint an internal auditor despite crossing prescribed financial limits. The order held that absence of professional guidnce is not a valid ground for waiver of penalty.
ROC Delhi imposed penalties after a company failed to form Audit and Nomination Committees despite crossing the prescribed turnover threshold. The order held that statutory committee requirements under Sections 177 and 178 are mandatory.
ROC Kolkata imposed penalties after a company incorrectly reported that consolidated financial statements were not applicable in its AOC-4 XBRL filing. The order held that inaccurate MCA filings attract liability even if the mistake is later admitted and rectified.
