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Pacelife Marketing Penalized for Failing to File Financial Statements

February 28, 2024 192 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 234 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 3258 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.

IBBI Imposes Penalty IP for Violations in Corporate Insolvency Cases

February 26, 2024 345 Views 0 comment Print

Read about the disciplinary action against Mr. Shashi Agarwal by IBBI for non-compliance in corporate insolvency cases. Learn about the violations and imposed penalty.

Government Mandates Public Auction for Dust Tea Grades in Key Indian States

February 23, 2024 345 Views 0 comment Print

Explore the Tea (Marketing) Control (Amendment) Order, 2024 by the Ministry of Commerce. Understand the amendments, impact, and implications for tea manufacturers. Stay informed with the latest tea industry regulations.

Durga Hitech Projects Fined for Failing to File Annual Return

February 23, 2024 267 Views 0 comment Print

The company and its directors have been penalized for not filing Annual Return for two financial years. This order highlights the importance of companies complying with Annual Return filing requirements.

Durga Hitech Penalized for Failing to File Financials

February 23, 2024 171 Views 0 comment Print

The company and its directors have been penalized for not filing financial statements for two financial years. This order highlights the importance of companies complying with financial filing requirements.

MCA Penalizes Director ₹3,65,500 for Appointment Without DIN

February 22, 2024 627 Views 0 comment Print

M/s. Octacle Integration Private Limited director failed to comply with Companies Act by not obtaining DIN. Adjudicating Officer imposed a penalty of ₹3,65,500. 

Appointment of Director not having DIN: MCA Imposes Rs. 3.41 Lakh Penalty

February 22, 2024 435 Views 0 comment Print

Subhangi Industries Private Limited director appointed without a DIN (Director Identification Number) faces a penalty of ₹3.41 lakh. The company failed to comply with Section 152(3) of the Companies Act, 2013.

NFRA Imposes Monetary Penalty & Two-Year Debarment from Auditing for CA

February 22, 2024 1008 Views 0 comment Print

The NFRA issues an order against CA Ratan Laxminarayan Rathi for professional misconduct in the audit of Bilcare Limited. Discover the lapses, penalties, and sanctions imposed.

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