Regulatory authorities held that claiming compliance with accounting standards without actual adherence or explanation violates Section 134. Companies and directors can face fixed penalties even without mala fide intent.
The adjudicating authority held that delayed appointment of a woman director constitutes a continuing default warranting financial penalties.
The ROC held that failure to appoint a woman director within the prescribed period violates section 149(1). Monetary penalties were imposed despite later rectification of the default.
The appellate authority dismissed the appeal as it was filed beyond the prescribed limitation period. The key takeaway is that delayed filings under section 454 are not maintainable.
Falcon Marine Exports Limited and officers were penalized for failing to disclose CSR policy, committee composition, and under-spending reasons in the Board Report.
ROC Delhi imposes penalties on a company and its directors for starting business before filing statutory declaration in INC-20A, highlighting compliance under Section 10A of Companies Act.
The Bill creates separate councils for regulation, accreditation, and academic standards under one umbrella institution. This division aims to improve focus, efficiency, and coordination.
ROC Cuttack imposes penalties on a company and certain directors for failing to appoint a whole-time Company Secretary under Section 203(1)(ii), with exemptions for independent directors.
ROC Cuttack imposes ₹50,000 penalty on company officer for failing to file MGT-14 and Board Resolution approving financial statements under Section 117(2).
The ROC penalised the company and its directors for failing to file financial statements on time. The order reinforces that prolonged non-compliance under Section 137 attracts maximum penalties.
