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MCA imposes penalty for Delay in MGT-14 Submission for MD Re-appointment

September 11, 2023 9183 Views 0 comment Print

MCA imposed penalties for a 235-day delay in submitting Form MGT-14 for a Managing Director’s reappointment. Learn more about the case and penalties here.

Company Fails to Hold Mandatory Board Meetings – MCA Imposes Rs. 1.60 Lakh Penalty

September 8, 2023 4716 Views 0 comment Print

In a recent case where Indira IVF Hospital Private Limited faces a Rs. 1.60 Lakh penalty for not holding mandatory board meetings, under Section 173 of Companies Act, 2013

MCA imposes penalty on company for violating Loan & Right issue provisions

September 8, 2023 8307 Views 0 comment Print

MCA imposes penalties on Dhiomics Analytics Solutions Private Limited for violating loan conversion and rights issue provisions. Learn more about the case.

Odisha Government’s Latest E-invoicing Guidelines for GST

September 7, 2023 852 Views 0 comment Print

Learn about Odisha Government’s new clarification on applicability of e-invoices for supplies made to Government Departments under GST law.

Hallmarking of Gold Jewellery and Gold Artefacts (Third Amendment) Order 2023

September 6, 2023 708 Views 0 comment Print

A deep dive into the Hallmarking of Gold Jewellery and Gold Artefacts (Third Amendment) Order, 2023. Understand what changes this brings and how it affects the gold industry in India.

Company penalised for Incomplete EGM Notice on Independent Director Appointment

September 5, 2023 1425 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) has imposed penalties on United Telecoms Limited for violations related to an Extraordinary General Meeting (EGM) notice. The case revolves around the failure to include a statement regarding the proposed independent director’s qualifications. This article discusses the details of the violation and the penalties imposed. Detailed Analysis United Telecoms […]

MCA Penalizes Company, Directors & CS for EGM Notice Non-Display on website

September 5, 2023 31059 Views 0 comment Print

Learn about penalty imposed by MCA on a company, its directors, and company secretary for failing to display an EGM notice on website.

MCA imposes Rs. 4 Lakh Penalty for Missing CSR Policy Details in Board Report

September 5, 2023 9864 Views 0 comment Print

Smith N Smith Chemicals receives Rs. 4 Lakh penalty from MCA for non-compliance with CSR policy in its board report. Read Detailed analysis

CSR Section 135(5) Violation- MCA Imposes Rs.16.48 Penalty

September 5, 2023 20244 Views 0 comment Print

MCA recently imposed a penalty on a Company for violating CSR Section 135(5) of Companies Act, 2013 which mandates companies to spend at least 2% of their average net profits on CSR activities.

MCA Imposes Penalty for Missing explanatory statement about Independent director appointment in EGM notice

September 5, 2023 912 Views 0 comment Print

MCA levies penalties due to EGM notice non-compliance. Exploring the United Telecoms Limited case, Section 152 violation, and the implications. Analysis and outcome.

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