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MCA Imposes penalty for violation of Section 118 & 101 of Companies Act

February 29, 2024 273 Views 0 comment Print

Wurknet Pvt Ltd fined under Section 454 for contravening Sections 101 and 118 of the Companies Act, 2013. Detailed analysis of the ROC Mumbai order.

Violation of Section 101 of Companies Act: MCA Imposes Penalty

February 29, 2024 297 Views 0 comment Print

Discover how WURKNET Pvt Ltd faced penalties under Sections 101 and 118 of the Companies Act for procedural violations. Understand the implications and legal repercussions in detail.

MCA Penalizes DGR Farms & Leisures Ltd. and Directors for Annual Returns Non-filing

February 28, 2024 366 Views 0 comment Print

Government of India’s Ministry of Corporate Affairs imposes penalties on DGR Farms & Leisures Limited and its directors for violating the Companies Act by failing to file annual returns. Details here.

MCA Imposes Penalty on DGR Farms for Non-filing of Balance Sheet

February 28, 2024 339 Views 0 comment Print

DGR Farms & Leisures Limited failed to file balance sheets for 4 years. The company and its directors must now pay a penalty of ₹1.68 lakh to ₹2 lakh each. This order by the Registrar of Companies highlights the importance of filing financial statements on time.

Nomination & Remuneration Committee provisions not applies to private limited entity 

February 28, 2024 384 Views 0 comment Print

Authorized Representative of the company highlighted the company’s status as a private limited entity during the fiscal year 2015-16, arguing that the provisions concerning the constitution of the Nomination and Remuneration Committee were inapplicable.

MCA imposes penalty on Company & Directors for Section 62(1)(b) Violation

February 28, 2024 960 Views 0 comment Print

Explore the penalty order issued by the Adjudicating Officer against Krazzy Fin Pvt Ltd for violating Section 62(1)(b) of the Companies Act, 2013. Understand the case details and implications.

Pacelife Marketing Penalized for Failing to Maintain Registered Office

February 28, 2024 168 Views 0 comment Print

The company and its directors have been penalized for not having a registered office for over 1000 days, violating the Companies Act. This case highlights the importance of companies maintaining a registered office.

Pacelife Marketing Penalized for Failing to File Financial Statements

February 28, 2024 177 Views 0 comment Print

The Ministry of Corporate Affairs has penalized Pacelife Marketing Private Limited for failing to file its financial statements for three financial years. This order highlights the importance of companies complying with financial filing requirements.

MCA imposes Penalty on Pacelife Marketing for failing to file annual returns 

February 28, 2024 198 Views 0 comment Print

The Ministry of Corporate Affairs has imposed a penalty on Pacelife Marketing Private Limited for failing to file annual returns for three financial years. This order serves as a reminder to companies of their obligation to file annual returns and the consequences of non-compliance.

MCA Penalizes Director with Rs. 2.21 Lakh Fine for Failure to Notify Change of Address

February 27, 2024 3147 Views 0 comment Print

Government penalty for Somen Venture Private Limited for failing to update director addresses. Directors Kahkashan Zar & Mohammad Neyaz Ahmad fined ₹2.21 Lakhs each for violating Rule 12. Know your rights to appeal the order.

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