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Appointment of Director not having DIN – MCA imposes penalty

January 24, 2023 28185 Views 0 comment Print

Section 152(3) of Companies Act, 2013, mandate that an individual cannot be appointed as director unless allocated a DIN as per Section 154

MCA imposes on penalty on company & directors for delay in filing e-form SH-7

January 19, 2023 5991 Views 0 comment Print

Notice of increase in the authorized Capital ought to have been filed by way of Form SH-7 with the office of the undersigned on or before 10.2022 i.e. within 30 days from the date of passing above Resolution dated 29.09.2022

IBBI warns ACVA to be extremely careful & diligent in its organizational processes

January 18, 2023 561 Views 0 comment Print

The valuation profession thrives on the trust of the market and stakeholders. A registered valuer organization being the frontline regulator for valuation profession has crucial responsibility to retain and improve this trust. In order to impart justiciability to its functions, a registered valuer organization must have requisite infrastructure capability and institutional integrity. The organizational process […]

Rajasthan GST: Territorial Jurisdiction for Audit of Registered person

January 18, 2023 3588 Views 0 comment Print

Chief Commissioner, State Tax, Rajasthan, hereby assign the territorial jurisdiction under the said Act as mentioned in column no. 2 of the Table given below to the officers specified in column no. 3 of the said Table for the purpose of audit of a registered person for such period and at such frequency as assigned to them under Section 65 of the said Act.

MCA imposes penalty for submitting resolutions without mentioning address, CIN etc.

January 18, 2023 12267 Views 0 comment Print

Penalty is been imposed for Non mentioning of registered office address of the company, Corporate Identity Number, telephone number, fax number, e- mail and website address.

Company not mentioned CIN, Address, Name on letterhead: MCA imposes Penalty

January 18, 2023 1014 Views 0 comment Print

MCA imposes penalties on RSUN Pharma Pvt Ltd & directors for violating Section 12(3) of the Companies Act, 2013. Details & implications.

Penalty imposed on company for carrying business activities on a fraudulent & unlawful purpose

January 17, 2023 2010 Views 0 comment Print

Office of the Commissioner of CGST (Audit) vide letter dated 10.10.2022 has informed that M/s Aegis LifeSciences Pvt. Limited having GSTN 24AARCA8892L1ZS and Adgis Lifescience, Partnership concern having GSTIN 24AARCA8892L1ZS are still operating /running both partnership firm as well as Pvt. Limited Company under GST even after the change in constitution of the business at […]

Penalty imposed for non-filing of Special resolution in MGT-14

January 16, 2023 6321 Views 0 comment Print

MCA concluded that the company and its Officers in default are liable for penalty under Section 117(2) of the Companies Act, 2013 for non-filing of Special resolution in MGT-14, which attracted non compliance of the provisions of Section 117(1) of the Companies Act, 2013 and the undersigned has reasonable cause to believe that the company […]

Company and its officers failed to maintain its registered office – Penalty imposed

January 16, 2023 1530 Views 0 comment Print

MCA imposes penalty as company and its officers have failed to maintain its registered office as per Section 12(1) of Companies Act, 2013.

IBBI suspends Insolvency Professional for Non-cooperation with Inspecting Authority

January 13, 2023 1515 Views 0 comment Print

DC notes that irrespective of numerous reminders dated 11.03.2022, 09.05.2022 and 11.05.2022 sent to Mr. Ranjeet Kumar Verma for providing documents and furnish records, he did not cooperate with IA in the conduct of inspection.

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