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Small Savings Schemes Interest Rates for April–June 2026

March 30, 2026 5406 Views 0 comment Print

The government has kept small savings interest rates unchanged for April–June 2026, ensuring continued stable returns for investors.

Penalty Imposed Due to Failure to Maintain Registered Office for Official Communication

March 28, 2026 372 Views 0 comment Print

The case involved non-maintenance of a valid registered office, leading to undelivered notices. The authority imposed penalties, holding such failure violates statutory compliance requirements.

Company Penalised for Failure to Maintain Proof of Meeting Notices Dispatch

March 28, 2026 405 Views 0 comment Print

The case addresses non-maintenance of Board and General Meeting notices and dispatch proof. The authority imposed penalties, emphasizing strict documentation requirements under the Companies Act.

Incomplete or unsigned Minutes: MCA Penalises Company and Directors

March 28, 2026 519 Views 0 comment Print

The issue relates to improper recording and signing of Board meeting minutes. The ruling confirms that incomplete or unsigned minutes attract penalties under the Companies Act.

Failure to Appoint Company Secretary: MCA Bangalore imposes ₹19.41 lakh Penalty

March 28, 2026 405 Views 0 comment Print

The ROC held that non-appointment of a mandatory Company Secretary within the prescribed timeline constitutes a serious compliance breach. Even delayed appointment does not cure the violation, resulting in substantial penalties on both company and directors.

Directors Penalised for Non-Maintenance of MBP-1 & DIR-8 (Interest Disclosure Records)

March 28, 2026 1116 Views 0 comment Print

The case deals with failure to maintain statutory disclosure records under Section 184. The authority imposed penalties on all directors, emphasizing strict compliance and record-keeping obligations.

Delay in Filing Special Resolution in MGT-14: MCA Hyderabad imposed Penalty

March 28, 2026 348 Views 0 comment Print

The ROC held that delayed filing of Form MGT-14 constitutes a clear violation of Section 117. Even if eventually filed, non-compliance within the prescribed timeline attracts monetary penalties on both company and officers.

Delay in Filing PAS-3 (Return of Allotment) – MCA Hyderabad imposed Penalty

March 28, 2026 357 Views 0 comment Print

The case addresses delayed filing of return of allotment beyond the mandated 15 days under Section 42(8). The authority imposed penalties, reinforcing strict compliance requirements for private placements.

Penalty Imposed Due to Incorrect AGM Date in Statutory Filing

March 27, 2026 441 Views 0 comment Print

The authority penalized the company for filing incorrect AGM details in Form AOC-4 XBRL. It held that even clerical errors violate statutory requirements. The ruling stresses accuracy in corporate filings.

Penalty Imposed Due to Failure to Identify Significant Beneficial Owners

March 27, 2026 702 Views 0 comment Print

The authority penalized the company for not identifying SBOs despite clear evidence of control and influence. It held that such identification is mandatory under Section 90. The ruling reinforces transparency in ownership structures.

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