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Violation of Section 92 & 137 of Companies Act 2013: MCA imposes Penalty

February 5, 2024 561 Views 0 comment Print

Read about the penalty on G.P. Realtors Pvt. Ltd. for failing to file annual returns and financial statements, violating Sections 92(4) & 137(3) of the Companies Act, 2013.

MCA Fines Rs. 3.50 Lakh for Submitting Illegible Financial Statement via E-Form AOC-4

February 5, 2024 4053 Views 0 comment Print

Ministry of Corporate Affairs imposes penalties on M/S PRE-STRESSED UDYOG for non-compliance under Section 137 of the Companies Act, 2013. Details inside. 

NCLT Chandigarh: Bench 2 Cases Transferred to Bench 1

February 3, 2024 390 Views 0 comment Print

Explore the order dated 03.02.2024 from NCLT Chandigarh transferring all pending cases from Bench 2 to Bench 1. Detailed analysis and implications.

Non- Appointment of CS: MCA Reduces Penalty by 85% to Rs. 4.47 Lakh

February 2, 2024 177 Views 0 comment Print

Registrar of Companies imposed penalties on the company and its directors, citing non-compliance with Section 203. However, upon review, the penalty was reduced by 85% due to mitigating circumstances, including diligent efforts to fill the position and the unforeseen challenges posed by the pandemic.

Non- Appointment of CS: MCA Reduces Penalty by 85% to Rs. 2.25 Lakh

February 2, 2024 186 Views 0 comment Print

Vishnupriya Hotels and Resorts Private Limited failed to appoint a Company Secretary despite the stipulated requirements under Section 203 of the Companies Act, 2013, since November 2, 2018. The Registrar of Companies, Andhra Pradesh, imposed a penalty of Rs. 5,00,000/- each on the company and its two directors, totaling Rs. 15,00,000/-.

MahaRERA Invites Suggestions on Draft Order on Regulation of Retirement Homes

February 2, 2024 327 Views 0 comment Print

Discover MahaRERA’s initiative to regulate Retirement Homes in Maharashtra, ensuring adherence to physical standards for senior citizen living. Share your feedback now!

Non-appointment of CS: MCA Reduces Penalty from ₹31.62 Lakh to ₹4.47 Lakh

February 2, 2024 270 Views 0 comment Print

Significant reduction in penalties for Aerostructures Assemblies India by MCA over compliance issues, highlighting efforts during COVID-19. Read more.

Non-appointment of CS – MCA reduces Penalty by ₹12.75 Lakh

February 2, 2024 288 Views 0 comment Print

Discover the impact as MCA reduces penalties by 12.75 Lakh in the case of Vishnupriya Hotels and Resorts. Detailed analysis of the adjudication order and implications for companies.

Unspent CSR fund Transfer delay: Govt Reduces penalty from 67.16 Lakh to 13.43 Lakh

February 1, 2024 540 Views 0 comment Print

Learn how MCA RD reduces penalty from 67.16 Lakh to 13.43 Lakh for unspent CSR fund transfer delays. Details of the case and grounds for penalty reduction.

SOP for CBDT Transfers: Streamlining Postings and Transfers Process

February 1, 2024 927 Views 0 comment Print

Explore the new Standard Operating Procedure (SOP) for CBDT transfers at the level of US and above. Learn the process, guidelines, and how officers can apply. Stay informed!

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