ROC held that failure to disclose PAN and email IDs of allottees in the PAS-3 attachment violates Rule 14(6), attracting penalty under Section 450 of the Companies Act.
The Registrar of Companies imposed penalties after a company filed its annual return 245 days late in violation of Section 92 of the Companies Act, 2013. Despite claims of an inadvertent procedural lapse, the adjudicating authority held the company and its directors liable and levied monetary penalties.
The adjudicating authority held that failure to disclose the occupation of allottees in Form PAS-3 violates Rule 12(2). A penalty was imposed under Section 450 for non-compliance with disclosure requirements.
ROC held that failure to file Form MGT-6 within 30 days after receiving beneficial ownership declarations violates Section 89(6), attracting maximum penalties on the company and its director.
ROC Bangalore imposed penalty for 1,592 days of continuing default after a second DIN was obtained contrary to statutory provisions.
The ROC Bangalore imposed penalty under Sections 155 and 159 of the Companies Act after a director inadvertently obtained a second DIN. The default continued for 807 days before rectification.
ROC Bangalore imposed a penalty for 907 days of continuing default due to acquisition of a second DIN, holding it contravened Section 155.
The ROC Gwalior penalized a company for undertaking integrated poultry farming without altering its main object clause. Though later rectified, the violation of Sections 13 and 10 attracted penalty under Section 450.
The IBBI Disciplinary Committee held that continued operation of a CIRP bank account after commencement of liquidation violates Sections 34 and 36 of the Code. The professional’s registration was suspended for two years for unauthorised transactions post-liquidation.
The Disciplinary Committee held that reconstituting the Committee of Creditors without authority and filing contradictory affidavits misled the Adjudicating Authority. The IP’s registration has been suspended for three years.
