Failure to disclose PAN and email IDs of allottees in Form PAS-3 was held to violate Rule 14(6). The ROC imposed penalties under section 450, underscoring strict disclosure requirements.
Non-filing of MGT-15 for two financial years was held to violate section 121. Officers were penalised despite the company being under liquidation.
ROC Chennai held that listed companies must appoint an internal auditor under Section 138. Non-compliance over multiple years resulted in penalties on directors.
ROC Chennai held that non-filing of the secretarial audit report violates Section 204. Directors were penalised for prolonged non-compliance across multiple years.
The appellate authority held that assigning zero or indeterminate values to major assets without adequate justification showed lack of due diligence. The matter was remanded for reconsideration with restrictions on future assignments.
ROC Chennai held that failure to include key disclosures in the Board’s Report violates Section 134. Directors were penalised for statutory non-compliance.
ROC Chennai held that omission of allottee occupation in the return of allotment violates Rule 12(2). The lapse attracted penalty under the residual provision of Section 450.
Non-furnishing of full allottee information resulted in rejection of statutory filings and imposition of penalty. The ruling reinforces strict disclosure norms for allotments.
ROC Chennai held that delayed filing of Board resolutions approving financial statements violates Section 117. The company and directors were penalised for prolonged non-compliance.
The registrar imposed the maximum penalty for delayed MSME Form I filings. Even belated compliance did not prevent monetary penalties.
