The adjudicating authority held that failure to disclose deposits accepted from related parties violated mandatory Board report norms. The key takeaway is strict enforcement of deposit disclosure requirements under company law.
Failure to give proper prominence to proxy-related rights in AGM notices led to adjudication. A monetary penalty was imposed on the director under the Companies Act.
The authority held that although the annual return was filed 266 days late, no penalty could be imposed as the default was rectified before adjudication notice. The ruling underscores relief under Section 454(3) for cured defaults.
The adjudicating authority held that omission of DIN details in statutory filings violates disclosure norms. A monetary penalty was imposed on the defaulting director under the Companies Act.
Failure to appoint a whole-time Company Secretary within the statutory timeline led to substantial penalties on the company and its directors. The order reinforces strict adherence to Section 203 compliance requirements.
An incorrect statutory filing led to misclassification of the company on the MCA portal. The ruling clarifies that directors remain liable for accuracy of e-forms even when errors are voluntarily reported.
Incorrect disclosure of promoter and public shareholding in a statutory return was penalised under the Companies Act. The key takeaway is that even clerical errors in MCA filings can trigger liability.
The regulator examined filing of statutory forms with incorrect financial figures. It held that later correction does not erase liability for filing defective information.
Filing a statutory e-form with incorrect details was held to be a completed offence. Even clerical errors can attract penalties, irrespective of subsequent correction requests.
The adjudicating authority held that non-affixation of the company’s name at its registered office violates Section 12, warranting penalties on the company and directors.
