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Non-Appointment of Independent directors: MCA imposes Penalty

January 8, 2025 1425 Views 0 comment Print

Adjudication of penalties on BCL Homes Ltd for violating Section 149(4) of the Companies Act, 2013. Details of penalties on the company and its officers.

MCA Penalizes Company & Directors for Excessive Borrowing Without shareholders Approval

January 8, 2025 1587 Views 0 comment Print

Registrar of Companies penalizes BCL Homes Ltd for non-compliance with Section 180(1)(C) of the Companies Act, 2013. Learn about penalties and adjudication process.

Non-Compliance with Sections 177 & 178: MCA penalises Company & Direrctors

January 8, 2025 2955 Views 0 comment Print

Details of penalties imposed on BCL Homes Ltd. for non-compliance with Sections 177 & 178 of the Companies Act, 2013, as per MCA order dated 08/01/2025.

Company & Directors Penalized for Failing to Issue Securities in Dematerialized Form

January 8, 2025 1233 Views 0 comment Print

The Registrar of Companies penalized BCL Homes Limited and its directors for violating Section 29(1)(b) of the Companies Act, 2013. Learn about the adjudication process.

CSR provision Violation: MCA reduces Penalty from ₹1.59 Crore to ₹32.72 Lakh

January 8, 2025 8349 Views 1 comment Print

Vishnupriya Hotels appealed against CSR non-compliance penalties. The Regional Director reduced the fine after reviewing submissions. Read the full case summary.

MCA imposes Penalty on listed Company for failure to appoint a woman director

January 7, 2025 1182 Views 0 comment Print

TPI India Limited was fined ₹3,18,500 by the ROC for failing to appoint a woman director as required under Section 149(1) of the Companies Act, 2013.

Independent Directors of Company failed to hold a separate meeting: MCA imposes Penalty

January 7, 2025 1809 Views 0 comment Print

Anheuser Busch InBev India Limited fined ₹9,00,000 for failing to hold mandatory independent directors’ meetings under Section 149 of the Companies Act, 2013.

Penalty Imposed for Non-Compliance with Women Director Requirement

January 7, 2025 1722 Views 0 comment Print

Godrej Tyson Foods Ltd. penalized for failing to appoint a woman director under Section 149(1) of the Companies Act. Penalty includes fines for the company and officers.

IBBI Imposes Penalty on Insolvency Professional Equivalent to Unadmitted EPFO Claim

January 6, 2025 1338 Views 0 comment Print

IBBI imposes a penalty on an insolvency professional for non-compliance with liquidation regulations in handling EPFO claims during liquidation proceedings.

Customs Issues Order on PQ Clearance for Processed Imports

January 3, 2025 4629 Views 0 comment Print

Customs clarifies that processed plant products exempt from PQ clearance under specified categories do not require unnecessary NOCs, streamlining import processes.

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