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Late Issuance of Share Certificates: MCA imposes ₹2 Lakh penalty

June 11, 2024 9027 Views 0 comment Print

Mozarc Medical India Private Limited penalized for late share certificate issuance, violating Section 56(4)(a) of Companies Act, 2013. Penalty details inside.

Lack of Required Independent Directors: MCA RD Upholds Rs. 9.75 Lakh Penalty

June 11, 2024 264 Views 0 comment Print

Khed Developers’ appeal against the penalty for lacking independent directors was denied. The Rs. 9.75 lakh penalty remains, reaffirming the importance of compliance.

Non-appointment of CS: MCA RD upheld Penalty of Rs. 17.25 Lakh

June 11, 2024 273 Views 0 comment Print

Khed Developers Limited’s appeal against a ₹17.25 lakh penalty for non-appointment of a Company Secretary was denied. Read about the Regional Director’s decision.

Non-Filing of Section 187C(1) Declaration: MCA RD Upholds Rs. 14.95 Lakh Penalty

June 11, 2024 288 Views 0 comment Print

Yapp India challenges a Rs. 14.95 lakh penalty imposed for non-filing under Section 187-C(1) of the Companies Act.

MCA Imposes Rs. 4 Lakh Penalty for non-maintenance of Registered office

June 11, 2024 465 Views 0 comment Print

Read about the penalty imposed by MCA on MEGASYS HEALTHCARE LIMITED for violating Section 12(1) of the Companies Act, 2013 by not maintaining its registered office.

MCA Imposes Penalty for Missing Address & Occupation Details in PAS-3 Allottee List

June 11, 2024 312 Views 0 comment Print

MCA imposes penalty on Dhanalakshmi Srinivasan Nidhi Ltd. for not including address and occupation of allottees in PAS-3 form, as per Rule 12(2).

IBBI order on Unreasonable Expenditure on Charter Planes & Non-Preservation of Records by IP

June 7, 2024 591 Views 0 comment Print

Explore the detailed analysis of Mahender Kumar Khandelwal’s case by the Insolvency and Bankruptcy Board of India Disciplinary Committee, covering alleged contraventions, submissions, and findings.

1196 days delay in e-Form BEN-2 filing: MCA levied ₹6 Lakh Penalty

June 7, 2024 519 Views 0 comment Print

Reliance Chemotex Industries Ltd. faces a penalty for late filing under Section 90 of the Companies Act, 2013. Details on penalties imposed and appeal process.

Shares allotted in Physical mode instead of DEMAT: MCA imposes ₹31.83 Lakh Penalty

June 7, 2024 1320 Views 0 comment Print

Learn about the penalty of Rs. 31.83 Lakh imposed by the MCA for issuing shares in physical mode instead of DEMAT mode in the Biogenomics case.

Compliance under Section 62(1)(c) instead of 62(3): MCA RD upheld Penalty of Rs. 1.50 Lakh

June 6, 2024 666 Views 0 comment Print

Wurknet Private Ltd’s appeal against a penalty for non-compliance with Section 62(3) of the Companies Act is dismissed. 

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