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Unspent CSR fund Transfer delay: Govt Reduces penalty from 67.16 Lakh to 13.43 Lakh

February 1, 2024 1542 Views 0 comment Print

Learn how MCA RD reduces penalty from 67.16 Lakh to 13.43 Lakh for unspent CSR fund transfer delays. Details of the case and grounds for penalty reduction.

SOP for CBDT Transfers: Streamlining Postings and Transfers Process

February 1, 2024 2793 Views 0 comment Print

Explore the new Standard Operating Procedure (SOP) for CBDT transfers at the level of US and above. Learn the process, guidelines, and how officers can apply. Stay informed!

Non-appointment of CS – MCA reduces Penalty from ₹29.94L to ₹4.49L

February 1, 2024 1218 Views 0 comment Print

Discover how IBM Global Financing India’s non-appointment of a Company Secretary led to a hefty penalty by MCA, which was later reduced from ₹29.94 lakh to ₹4.49 lakh after appeal.

Non-appointment of CS: MCA reduces Penalty from ₹25 Lakh to 3.75 Lakh

February 1, 2024 1458 Views 0 comment Print

In a significant decision, the MCA reduced the penalty for Shrushti Contech Pvt Ltd’s non-appointment of a Company Secretary from ₹25 lakh to ₹3.75 lakh. Discover the details.

Failure to File E-Form MGT-14 for Resolutions: MCS Reduces Penalty by 80%

February 1, 2024 1035 Views 0 comment Print

Explore the appeal filed by Stanley Lifestyles Limited against penalties imposed under the Companies Act, 2013, and the subsequent reduction in penalties by the Registrar of Companies, Karnataka.

Non-appointment of CS- MCA Reduces Penalty from ₹25 Lakh to ₹3.75 Lakh

February 1, 2024 714 Views 0 comment Print

Explore the appeal filed by Shrushti Contech Private Limited against penalties under the Companies Act, 2013. Detailed analysis of the adjudication order and its implications.

Non-appointment of CS- MCA Reduces Penalty of Rs. 29.94 Lakh to 15%

February 1, 2024 516 Views 0 comment Print

Read about the reduction of penalty from Rs. 29.94 lakh to 15% by MCA due to non-appointment of CS by IBM Global Financing India Pvt. Ltd. Detailed analysis provided.

Non-appointment of CS- MCA Reduces Penalty from Rs. 15 Lakh to Rs. 2.25 Lakh

February 1, 2024 492 Views 0 comment Print

Appellants contested an adjudication order for failing to comply with Section 203 of the Companies Act, 2013, which mandates the appointment of a whole-time company secretary for companies with a paid-up capital exceeding Rs. 5 crores.

MCA Reduces Penalty for Late MGT-14 Filing from ₹1074700 to ₹214940

February 1, 2024 2016 Views 0 comment Print

Explore the MCA decision as penalty for non-filing MGT-14 decreases from 10.74 lakhs to 2.14 lakhs for Stanley Lifestyles Limited and its officers.

Non-appointment of CS – Penalty Slashed from ₹15L to ₹2.25L

February 1, 2024 852 Views 0 comment Print

Explore the significant MCA decision as penalty for non-appointment of Company Secretary drops from 15 lakh to 2.25 lakh for Trane Technologies India Private Limited directors.

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