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Penalty Imposed for Failure to Hold Fourth Board Meeting Under Companies Act

March 17, 2026 294 Views 0 comment Print

The authority penalized the company for failing to hold the required fourth Board Meeting. It clarified that absence of a specific penalty provision attracts Section 450 as a residual penalty.

ROC Imposes Penalty for Failure to Maintain Required Rotational Directors

March 16, 2026 396 Views 0 comment Print

The adjudicating authority penalized a company for not maintaining the required number of directors liable to retire by rotation. The violation continued for over 700 days before being rectified.

FSSAI Revises Turnover Limits to Reduce Compliance Burden on Small Food Businesses

March 13, 2026 1062 Views 0 comment Print

FSSAI has revised turnover thresholds for food business registration and licensing under the 2026 amendment regulations. The new limits aim to streamline regulatory compliance and reduce burdens on smaller food businesses.

Directors & Cpompany Fined for Non-Filing of Mandatory MGT-14 Under Companies Act

March 13, 2026 156 Views 0 comment Print

The adjudicating authority held that failure to file the board resolution within the prescribed 30-day period violated Section 117 of the Companies Act. The company and its directors were penalized.

ROC Penalizes Company & Directors for Not Filing Resolution Approving Financial Statements

March 13, 2026 213 Views 0 comment Print

The adjudicating authority held that failure to file the board resolution within 30 days violated Section 117 of the Companies Act. As a result, the company and its directors were penalized.

Maximum Penalty Imposed for Failure to File MGT-14 on Board Resolution Approving Financial Statements

March 13, 2026 150 Views 0 comment Print

The ROC imposed the maximum statutory penalty after the company failed to file Form MGT-14 for the board resolution approving financial statements. Non-compliance with Section 117 led to penalties on both the company and its directors.

RTI Appeal Rejected as IBBI Not Required to Create or Compile Information

March 13, 2026 543 Views 0 comment Print

The appellate authority held that public authorities under the RTI Act must only provide information already available in records. They are not obligated to create or compile new data or explanations.

ROC Imposes Penalty as Financial Statements Filed in Wrong MCA Form Instead of AOC-4 XBRL

March 12, 2026 435 Views 0 comment Print

ROC Mumbai penalised the authorized signatory after financial statements were mistakenly filed in Form AOC-4 instead of AOC-4 XBRL. The order reiterates that correct statutory forms must be used for compliance filings.

ROC Imposes Penalty for Incorrect AOC-4 XBRL Filing Due to Wrong CSR Declaration

March 12, 2026 264 Views 0 comment Print

ROC Mumbai imposed a penalty after a company incorrectly declared that CSR provisions were not applicable while filing AOC-4 XBRL. The order holds the authorized signatory responsible for accuracy of e-forms.

ROC Imposes Penalty for Incorrect Financial Disclosure in AOC-4 Filing

March 12, 2026 273 Views 0 comment Print

ROC Mumbai penalized a director for incorrect financial information reported in the AOC-4 XBRL filing. The order emphasizes that authorized signatories are responsible for the accuracy of e-forms filed with MCA.

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