The case involved submission of a forged diploma for obtaining and renewing a licence. The Authority held that continued reliance on a known fake document amounted to misrepresentation and cancelled the licence.
The issue involved non-filing of Form DIR-12 for appointment of a director. The authority held that failure to comply with Section 170(2) attracts penalty regardless of operational or technical challenges. The ruling emphasizes strict compliance with statutory filing requirements.
The issue involved non-filing of Form DIR-12 to report resignation of a director. The authority held that failure to comply with Section 168(1) attracts penalty despite operational or technical challenges. The ruling emphasizes mandatory compliance with director-related filings.
The issue involved omission of allottee occupation details in Form PAS-3. The authority held that Rule 12(2) mandates complete disclosure, and non-compliance attracts penalty. The ruling emphasizes accuracy in statutory filings.
The issue involved delayed filing of Form MGT-14 for approval of financial statements. The authority held that a 1,951-day delay constituted a continuing default warranting maximum penalty. The ruling highlights strict enforcement of statutory timelines.
The issue involved delayed filing of Form MGT-14 for approval of financial statements. The authority held that a delay of 2,317 days constituted a continuing default attracting maximum penalty. The ruling emphasizes strict timelines and consequences for prolonged non-compliance.
The issue involved whether omission of PAN, email ID, and address in Form PAS-3 violates statutory rules. The authority held that Rule 14(6) mandates complete disclosure of allottee details. The ruling emphasizes strict compliance with corporate filing requirements.
The case examined whether occupation details can be omitted when allottees lack occupation. The authority rejected this interpretation and imposed penalties for non-compliance. The decision clarifies that statutory forms must be filled completely and accurately.
The issue involved non-filing of mandatory Form MGT-14 for board resolutions approving financial statements. The authority held that failure to comply with Sections 117 and 179 constitutes a continuing default attracting penalties.
A director was penalized for holding two DINs in violation of statutory provisions. The key takeaway is that even inadvertent non-compliance attracts strict penalties under company law.
