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Audit Committee Non-Constitution (Section 177): MCA Imposes whopping ₹39 Lakh Penalty

April 30, 2024 4074 Views 0 comment Print

MCA imposes penalties on Best & Crompton Engineering Projects Ltd. for failing to constitute an Audit Committee from FY 2014-15 to 2019-20. Learn more here.

Failure to State Liability & Capital Clause In MOA: MCA Imposes Penalty

April 30, 2024 324 Views 0 comment Print

Explore the adjudication order by Registrar of Companies, Chennai, on Bluemax Capital Solutions Pvt Ltd under Section 4(1)(d) of Companies Act, 2013. Details, penalties, and compliance requirements.

Workplace Sexual Harassment Disclosure Omission: MCA Imposes ₹4 Lakh Penalty

April 30, 2024 4110 Views 0 comment Print

The ROC Chennai imposes a penalty on Janaki Ram Steel & Power Ltd. for non-compliance with Section 134 of the Companies Act, 2013. Read the detailed adjudication order.

MCA Imposes Rs. 13.5 Lakh Penalty for Non-Disclosure in Directors’ Report

April 30, 2024 876 Views 0 comment Print

Bluemax Capital Solution Private Limited fined Rs. 13.5 Lakh by MCA for not disclosing company’s affairs in the Director’s Report for FY 2015-18. Detailed adjudication inside.

Failure to Constitute Remuneration & Nomination Committee: MCA Imposes ₹39 Lakh Penalty

April 30, 2024 2907 Views 0 comment Print

Under Section 178(1) of the Companies Act, 2013, MCA penalizes Best & Crompton Engineering Projects Ltd ₹39 lakh for not forming the Nomination and Remuneration Committee.

Default in spending or Transfer of CSR Amount: MCA imposes Penalty

April 30, 2024 1101 Views 0 comment Print

Learn about penalties imposed by MCA under Companies Act 2013 for non-compliance with CSR spending regulations. Detailed analysis and implications discussed.

MCA Levies Rs. 6 Lakh Penalty for Form MGT-6 Filing Delay under Section 89(6)

April 30, 2024 2163 Views 0 comment Print

Explore implications of MCA’s Rs. 6 Lakh penalty under Section 89(6) for delay in filing Form MGT-6. Detailed analysis & order overview provided.

MCA Imposes Penalty for failure to maintain registered office

April 30, 2024 735 Views 0 comment Print

Discover the penalty imposed on Bluemax Capital Solution Pvt Ltd by MCA for failure to maintain a registered office. Learn about the violations, penalties, and compliance steps required.

Non-Mention of Related Party Contracts in AOC-2: MCA Imposes ₹4.5 Lakh Penalty

April 30, 2024 1743 Views 0 comment Print

MCA penalizes Bluemax Capital Solution Pvt. Ltd. ₹4.5 Lakh for failing to disclose related party transactions in AOC-2, violating Section 134(3)(h) of the Companies Act, 2013.

Company Fined ₹6 Lakh for Not Registering Charges: MCA Order

April 30, 2024 543 Views 0 comment Print

MCA imposes ₹6 Lakh penalty on Janaki Ram Steel and Power Pvt Ltd for failing to register charges in CHG-1 form with Registrar. Learn more about the case and implications.

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