The ROC Mumbai penalized a company and its Managing Director for omitting the mandatory web link of the annual return in the Board Report for FY 2019-20. The ruling highlights that even seemingly minor disclosure lapses under Section 92(3) can attract penalties under Section 450.
The ROC Mumbai penalized a company and its Managing Director for failing to include mandatory disclosures in the Board Report for FY 2019-20. The ruling highlights that omissions relating to annual return details, cost records, and secretarial standards can attract penalties under Section 134(8).
ROC Goa imposed penalties after finding violations of AS-09 and AS-15 reflected in the auditor’s report for FY 2021-22. The order held that failure to ensure proper compliance in the Directors’ Responsibility Statement attracted independent liability under Section 134(5A).
The adjudication proceedings began after the Ministry of Corporate Affairs rejected the company’s NDH-4 application due to non-compliance with financial statement filing requirements. The ROC subsequently imposed penalties for delayed filing.
ROC Chennai held that delayed filing of Form MGT-14 for Board resolutions approving accounts constituted non-compliance under Section 117(1). Monetary penalties were imposed on both the company and officers in default.
ROC Chennai penalised a company and its directors for non-filing of Form MGT-7 for FY 2022-23, holding the default violated Section 92(4) of the Companies Act.
ROC Mumbai penalized a company and its officers for failing to fill vacancies of independent directors within the statutory timeline. The order reinforces strict compliance requirements under Section 149(4) of the Companies Act.
The adjudicating authority held that the company remained in continuous default for several years after becoming legally required to appoint a Company Secretary. The order emphasizes strict enforcement of corporate governance obligations relating to key managerial personnel appointments.
ROC Chennai penalised a company and its director for failing to disclose PAN and e-mail IDs of allottees in Form PAS-3. The order highlights strict compliance requirements under Rule 14(6) of the Companies Act framework.
ROC Chennai penalised a Nidhi company and its directors for incomplete allottee disclosures in Form PAS-3. The order clarifies that absence of PAN or e-mail details cannot excuse statutory non-compliance.
