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Delay in Remuneration & Nomination Committee Constitution: MCA Imposes Rs. 12 Lakh Penalty

November 23, 2023 4437 Views 0 comment Print

Explore the adjudication order against Mukka Proteins Limited for violating Companies Act, 2013, Section 178(1). Learn about penalties imposed on the company and its directors.

Company not filed Form DIR-12 – MCA imposes penalty

November 22, 2023 3942 Views 0 comment Print

Government of India penalizes Dehra Dun Club under Companies Act, 2013 for not filing Form DIR-12. Understand the violation, penalty, and rectification steps

NFRA Imposes Rs. 5 Lakh Penalty, 5-Year Debarment on MAN Industries’ Auditor

November 22, 2023 15597 Views 0 comment Print

NFRA imposes Rs.5 Lakh penalty and 5-year debarment on CA Nilesh Chheda, auditor of MAN Industries (India) Limited, for significant lapses in statutory audit, including failure to report material misstatements and sub-standard audit work. Details of the order and findings revealed in this comprehensive article by the Government of India’s National Financial Reporting Authority.

Steel Wires or Strands, Nylon or Wire Ropes and Wire mesh (Quality Control) Order, 2023

November 21, 2023 744 Views 0 comment Print

Explore the Steel Wires or Strands, Nylon or Wire Ropes, and Wire Mesh (Quality Control) Order, 2023. Learn about standards, certification, and penalties for non-compliance

Legal Metrology- Material Measures of Length (Quality Control) Order, 2023

November 21, 2023 627 Views 0 comment Print

Explore the Legal Metrology- Material Measures of Length (Quality Control) Order, 2023. Learn about standards, certification, and penalties for non-compliance. Stay informed

Tricom India Ltd Penalized for late-filing of annual return

November 20, 2023 231 Views 0 comment Print

Explore the adjudication order under Section 454 against Tricom India Ltd for non-compliance with Section 92 of the Companies Act, 2013. Detailed analysis, findings, and penalties.

Request for lesser penalty cannot be considered for 15 years delay in CS Appontment

November 20, 2023 231 Views 0 comment Print

Learn about Manipal Finance Corp.’s appeal against penalties under Companies Act 2013. Analysis of non-appointment of company secretary and regulatory violations.

Default in Transfer of Unspent CSR Fund: RD upholds penalty of Rs. 61.32 Lakh

November 20, 2023 711 Views 0 comment Print

Penalty was imposed for company’s failure to comply with provisions of Section 135(5) of Companies Act, 2013, regarding transfer of unspent Corporate Social Responsibility (CSR) funds.

Violation of Section 62(3) of Companies Act 2013- MCA Imposes Penalty

November 17, 2023 11532 Views 0 comment Print

Explore the case of WURKNET PRIVATE LIMITED penalized by MCA under Section 62(3) of the Companies Act, 2013. Analysis of violation, hearing details, and imposed penalties

MCA Imposes Penalty for Non-Disclosure of ESOP in Explanatory Statement

November 17, 2023 1704 Views 0 comment Print

The Ministry of Corporate Affairs penalizes WURKNET PRIVATE LIMITED for violating Companies Act, 2013 by not disclosing ESOP details. Analysis, implications, and order details

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