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Yuvraj International Limited Penalized for late-filing of Financial Statement

December 18, 2023 435 Views 0 comment Print

Government of India’s Ministry of Corporate Affairs imposes penalties on Yuvraj International Limited and its directors for breaching Section 137 of the Companies Act, 2013

Subway Finance Ltd. Penalized for late-filing of Financial Statement

December 18, 2023 960 Views 0 comment Print

Discover the adjudication order against Subway Finance Ltd. for breaching Section 137 of the Companies Act 2013. Insights, penalties, and implications discussed.

Board Resolution passed without Directors Presence: MCA Imposes Penalty

December 14, 2023 4098 Views 0 comment Print

MCA has taken action against M/s Bestow Finishing School Private Limited for violating Section 179(3)(g) of Companies Act, 2013. This violation pertains to passing Board Resolutions without physical presence of directors, leading to penalties.

Rubber Gaskets for Pressure Cookers (Quality Control) Order, 2023

December 14, 2023 501 Views 0 comment Print

Explore the implications of the Rubber Gaskets for Pressure Cookers Quality Control Order 2023 by the Ministry of Commerce and Industry. Learn about standards, enforcement, and its impact on manufacturers.

Minutes book without consecutive page numbering: MCA Imposes Penalty

December 14, 2023 26427 Views 0 comment Print

Explore MCA’s penalty on M/s Bestow Finishing School for violating Companies Act, 2013 Section 118—failure to consecutively number pages in the minutes book.

Violation of Section 179(3)(d) of Companies Act, 2013: MCA Imposes Penalty

December 14, 2023 3519 Views 0 comment Print

(MCA has imposed penalties on Ignosi Systems Private Limited for violation of Section 179(3)(d) of the Companies Act, 2013.

Default in conversion of loan into equity: MCA imposes Penalty

December 14, 2023 7755 Views 0 comment Print

Explore the MCA penalty on Ignosi Systems for default in loan-to-equity conversion. Learn about violations, penalties, and the company’s response to the charges.

Violation of Section 143 & Related Party Disclosure: MCA Penalised CA

December 13, 2023 1965 Views 0 comment Print

Read the adjudication order imposing penalties on M/S R.K. Patnia & Co., auditor of Pre-Stressed Udyog (India) Pvt Ltd, for violations of Companies Act, 2013.

Non-reporting related to Internal Committee under Posh- MCA reduces Penalty

December 13, 2023 2019 Views 0 comment Print

Explore the MCA decision to reduce penalties for non-reporting related to the Internal Committee under POSH guidelines. Learn about the case, arguments, and the reduced penalties

CSR Fund Transfer Defaut: MCA reduces Penalty from Rs. 39.09 Lakh to 5.30 Lakh

December 13, 2023 1470 Views 0 comment Print

Discover how MCA reduced penalties from Rs. 39.09 Lakh to Rs. 5.30 Lakh for CSR fund transfer default by Convergint India Private Limited. Learn about the impact and reasons behind the decision.

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