Discover how IBM Global Financing India’s non-appointment of a Company Secretary led to a hefty penalty by MCA, which was later reduced from ₹29.94 lakh to ₹4.49 lakh after appeal.
In a significant decision, the MCA reduced the penalty for Shrushti Contech Pvt Ltd’s non-appointment of a Company Secretary from ₹25 lakh to ₹3.75 lakh. Discover the details.
Explore the appeal filed by Stanley Lifestyles Limited against penalties imposed under the Companies Act, 2013, and the subsequent reduction in penalties by the Registrar of Companies, Karnataka.
Explore the appeal filed by Shrushti Contech Private Limited against penalties under the Companies Act, 2013. Detailed analysis of the adjudication order and its implications.
Read about the reduction of penalty from Rs. 29.94 lakh to 15% by MCA due to non-appointment of CS by IBM Global Financing India Pvt. Ltd. Detailed analysis provided.
Appellants contested an adjudication order for failing to comply with Section 203 of the Companies Act, 2013, which mandates the appointment of a whole-time company secretary for companies with a paid-up capital exceeding Rs. 5 crores.
Explore the MCA decision as penalty for non-filing MGT-14 decreases from 10.74 lakhs to 2.14 lakhs for Stanley Lifestyles Limited and its officers.
Explore the significant MCA decision as penalty for non-appointment of Company Secretary drops from 15 lakh to 2.25 lakh for Trane Technologies India Private Limited directors.
Read the adjudication order by the Ministry of Corporate Affairs on Tridib Industries Limiteds violations of Companies Act, including penalties and analysis.
Explore the Ministry of Corporate Affairs penalization of Seva Parmodharmah Nidhi Limited for violating Companies Act sections 117 and 179(3)(g). Detailed analysis, penalties, and appeal process revealed
