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MCA Imposes Penalty of Rs. 16 Lakh for Directors Remuneration Payment of Rs. 19.6 Lakh

January 31, 2024 38544 Views 0 comment Print

Read about the penalty order against Seva Parmodharmah Samajik Nidhi Limited by the Ministry of Corporate Affairs for exceeding director’s remuneration limits under Companies Act, 2013.

CBDT Extends Processing Time for E-Filed Returns and Refund Claims

January 31, 2024 11364 Views 0 comment Print

Government of Indias CBDT extends the processing time for electronically filed income tax returns and refund claims under section 143(1) of the Income-tax Act, 1961. Details and updates.

Board of directors not having minimum directors: MCA Imposes Penalty

January 30, 2024 765 Views 0 comment Print

Government of India’s Ministry of Corporate Affairs imposes a penalty on EUEB India Pvt Ltd for breaching Section 149 of the Companies Act.

Delayed issue & Inconsistencies in public announcement: IBBI Suspends Registration of IP

January 30, 2024 333 Views 0 comment Print

Read the detailed analysis of IBBIs disciplinary order against Mr. Naren Sheth for violations in the liquidation process of Ciemme Jewels and delay in Dhanlaxmi Electricals CIRP

Delay of 56 days in filing e-form INC-20A- Section 10A Violated- MCA Imposes Penalty

January 30, 2024 579 Views 0 comment Print

Government of India penalizes Tridib Industries for a 56-day delay in filing e-form INC-20A, violating Section 10A of the Companies Act. Details and implications.

MCA imposes Penalty for Share Allotment Without Subscription Money (Section 39(1) Violation)

January 30, 2024 1332 Views 0 comment Print

Explore the adjudication order against Tridib Industries Limited by the Registrar of Companies for violating Section 39 of the Companies Act, 2013. Details, penalties, and implications.

78 days delay in CS Appointment- MCA Imposes Heavy penalty of Rs. 7.06 Lakh

January 29, 2024 318 Views 0 comment Print

Explore the penalty order under Section 454 for violation of Section 203 of the Companies Act, 2013 by AML Motors Pvt Ltd. Detailed analysis and implications.

Delay of 414 days in filing e-form MGT- 6; MCA imposes Penalty of Rs. 10.14 Lakh

January 25, 2024 13338 Views 0 comment Print

Discover the case of BASIS VECTORS INDIA PRIVATE LIMITED facing a penalty of Rs. 10.14 Lakh for a 414-day delay in filing e-form MGT-6. Learn about the adjudication, rules, and consequences

Failure to include attendance slip & proxy form in AGM notice: MCA imposes penalty

January 24, 2024 300 Views 0 comment Print

Credii Technologies fined Rs. 50,000 for failing to include attendance slips and proxy forms in AGM notices for FY 2018-19 and 2019-20, violating Sections 101 and 118 of the Companies Act.

MCA Penalizes Auditors for Non-Disclosure of Specified Bank Notes in Audit Report

January 24, 2024 28032 Views 0 comment Print

Read about the penalty order issued by the Ministry of Corporate Affairs against CA Manish M. Maheshwari for violating Section 143 of the Companies Act, 2013.

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