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Failure to Maintain Register of Directors & KMPs: MCA Imposes ₹7 Lakh Penalty

April 30, 2024 2421 Views 0 comment Print

Read about MCA’s penalty of Rs. 7 lakh on Best & Crompton Engineering Projects for not keeping Register of Directors & KMPs as per Companies Act, 2013.

Public limited Company fined ₹7 Lakh for Not Appointing Independent Directors

April 30, 2024 438 Views 0 comment Print

The MCA penalizes Best & Crompton Engineering Projects Limited Rs. 7 lakh for failing to appoint independent directors as required under Section 149(4) of the Companies Act, 2013.

IBBI Suspends IP for Mishandling Unclaimed CD Units in Resolution Plan

April 30, 2024 204 Views 0 comment Print

Dive into the detailed analysis of the IBBI Disciplinary Committee’s Order regarding the alleged contraventions by Mr. Ajit Gyanchand Jain, an Insolvency Professional.

Penalty of Rs. 2 Lakh Imposed on CA Firm for Non-filing of e-Form ADT-3

April 30, 2024 9579 Views 0 comment Print

The MCA imposes a Rs. 2 lakh penalty on Arasu & Arunachalam CA Firm for non-filing of e-form ADT-3 for resignation. Learn about the adjudication order and its implications.

Enhancement of gratuity on account of Dearness Allowance rising by 50%

April 30, 2024 4899 Views 0 comment Print

Learn about the enhancement of gratuity by EPFO due to a 50% increase in Dearness Allowance for Central Government Employees, impacting retirement benefits.

Section 134: Penalty for Failure to Disclose Board Meeting Details in Director’s Report

April 30, 2024 291 Views 0 comment Print

Explore the adjudication order under Section 134(3)(b) of the Companies Act, 2013 for Janaki Ram Steel & Power Pvt Ltd. Understand the violations, penalties, and final decision by the Adjudicating Officer.

Failure to State Liability & Capital Clause In MOA: MCA Imposes Penalty

April 30, 2024 180 Views 0 comment Print

Explore the adjudication order by Registrar of Companies, Chennai, on Bluemax Capital Solutions Pvt Ltd under Section 4(1)(d) of Companies Act, 2013. Details, penalties, and compliance requirements.

Workplace Sexual Harassment Disclosure Omission: MCA Imposes ₹4 Lakh Penalty

April 30, 2024 3678 Views 0 comment Print

The ROC Chennai imposes a penalty on Janaki Ram Steel & Power Ltd. for non-compliance with Section 134 of the Companies Act, 2013. Read the detailed adjudication order.

MCA Imposes Rs. 13.5 Lakh Penalty for Non-Disclosure in Directors’ Report

April 30, 2024 582 Views 0 comment Print

Bluemax Capital Solution Private Limited fined Rs. 13.5 Lakh by MCA for not disclosing company’s affairs in the Director’s Report for FY 2015-18. Detailed adjudication inside.

Failure to Constitute Remuneration & Nomination Committee: MCA Imposes ₹39 Lakh Penalty

April 30, 2024 2658 Views 0 comment Print

Under Section 178(1) of the Companies Act, 2013, MCA penalizes Best & Crompton Engineering Projects Ltd ₹39 lakh for not forming the Nomination and Remuneration Committee.

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