The ROC Chhattisgarh held that repeated return of official letters marked Not Known proved non-compliance with Section 12(1) of the Companies Act. The company and its directors were penalised under Section 12(8) for failing to maintain a functional registered office.
The Registrar penalized the officer in default for failing to appoint the required number of independent directors within the prescribed timeline. The default continued until proper appointments were made.
The order held that signing financial statements during disqualification violated Section 134(1). The key takeaway is that such non-compliance attracts penalty under Section 134(8), even for small companies.
The IBBI cancelled a registered valuer’s licence after his expulsion from a Registered Valuers Organisation made him ineligible under Rule 3 and Rule 7 of the Valuation Rules.
The order held that failure to file DIR-12 within 30 days of resignation violated Section 170(2). The key takeaway is that administrative vacancy does not excuse statutory filing delays.
The Registrar imposed a penalty for failure to appoint the required two independent directors within the prescribed three-month period. The default continued until full compliance was achieved.
ROC Kolkata imposed penalties after a public company failed to appoint a woman director within the statutory six-month period. Though the default was later rectified, penalties were levied for the period of non-compliance under Section 172.
Failure to disclose director changes, related party loans, and website details in the Board’s Report attracted penalties. Reduced fines were applied under small company provisions.
The ROC imposed penalty for incorrect authorised share capital and omission of transaction details in financial filings. Reduced penalties were applied under Section 446B as the entity qualified as a Small Company.
The ROC imposed penalties for incorrect disclosures in Form MGT-7A, including errors in board meeting records and shareholding details. The order confirms that defective annual return filings attract liability under Section 450, even when filed voluntarily for adjudication.
