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.
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.
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.
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 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 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 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.
The adjudicating authority held that incorrect information in Form AOC-4 XBRL violated Rule 8(3) of the Companies Rules. Penalties were imposed on the director and the certifying CA responsible for the filing.
Despite a 595-day delay in filing financial statements under Section 137, ROC imposed no penalty because the company rectified the default before the adjudication notice. The ruling highlights relief available under Section 454(2).
ROC levied a ₹2 lakh penalty on the company and ₹50,000 each on directors for failure to file annual returns. The decision highlights consequences of prolonged non-compliance under Section 92.
