Company is in default for filing its Financial Statements for the financial years 2015-16 to 2020-2021 with Registrar of Companies. Hence, this office has issued show cause notice for default under section 137 of Companies Act, 2013
As per MCA record, the company has not filed its Financial Statements for the financial years 2018-2019, 2019-2020 and 2020-2021 till date. Hence the Company and its directors/Officers in default are liable for penalty as per section 137(3) of the Companies Act, 2013.
Provisions of Section 137 of Companies Act, 2013 has been contravened by company and its directors/ officers and therefore they are liable for penalty u/s 137(3)
Company has not filed its Annual Return for financial year 2015-16 to 2020-21 till date. Hence Company and its directors/Officers in default are liable for penalty as per section 92(5)
Provisions of Section 12 of Companies Act, 2013 contravened by company and its officers/managing director by not maintaining registered office and therefore they are liable for penalty u/s 12(8)
Company is in default for filing its Annual Return with the office of Registrar of Companies. MCA impose a penalty on Company, and its Directors under section 92(5) of the Act for failure in compliance of section 92(4) of Companies Act, 2013.
DC observes that in view of the previous observations, it is noted that the regulation 40B(1A) of the CIRP regulation introducing the Form CIRP 7 was inserted by notification no. IBBI/2020-21/GN/REG070, dated 15.03.2021 and which came into force from the same date. Thereafter, the Form CIRP 7 was filed on 29.03.2021 and the next Form […]
Caparo Maruti penalized for failing to appoint a woman director as per Section 149(1) of the Companies Act. Penalties imposed on company and key officers.
Section 203(5) of Companies Act, 2013 imposes penalties for non-compliance with provision regarding appointment of a Whole-time Company Secretary
As per theCompanies Act, 2013, if a company fails to comply with the provisions of Section 137 regarding the filing of financial statements and annual returns within the prescribed timeframe, the Adjudicating Authority (AA) has the power to impose penalties. However, if the company rectifies the default and files the required documents within 30 days […]
