ROC Chandigarh penalised TSC India Limited and its directors for failing to prepare and approve consolidated financial statements under Section 134(8) of Companies Act, 2013.
Tribunal emphasized that the CPIO cannot be directed to create, interpret, or deduce information. Appeals seeking clarifications or explanations regarding CIRP proceedings were dismissed in line with Section 2(f) of the RTI Act.
IRDAI issued a warning to Reliance Nippon Life for violating Section 45(1) by cancelling policies after the three-year limit. The insurer must pay interest on refunds and conduct an audit.
ROC Goa imposes a 3.5 lakh penalty on SHREEPATI BUILD INFRA INVESTMENT and its CFO for violating Section 134(3)(h) by failing to file Form AOC-2 with the Board’s Report, omitting mandatory related party transaction disclosures for FY 2021-22.
ROC Cuttack imposes 6.5 lakh penalty on MAGNUM ESTATES LIMITED and its three directors for violating Section 77 of the Companies Act by failing to file Form CHG-1 for the modification of a secured vehicle loan charge in FY 2018-19.
ROC Cuttack imposed a ₹10 lakh penalty on Magnum Sea Foods and five directors for exceeding the limits on managerial remuneration in FY 2022-23, violating Section 197 of the Companies Act, 2013.
Magnum Sea Foods and four directors fined Rs. 7 lakh by ROC Cuttack for failing to file Form CHG-1 after securing new vehicle loans, violating the Companies Act.
ROC Bangalore imposed a 15.5 lakh penalty on PACE DIGITEK LIMITED and its director for failing to spend and timely transfer unspent Corporate Social Responsibility (CSR) funds for FY 2020-21, violating Section 135(7).
ROC Bangalore issued a penalty order against four directors of SHASHWATHA NIDHI LIMITED for violating Section 450 of the Companies Act, 2013, relating to inadequate allottee details in a 2017 filing.
ROC Bangalore issued an adjudication order against REWARD360 Global Services Pvt. Ltd. for violating Section 134 of the Companies Act, 2013, regarding incomplete Board Report disclosures for FY 2018-21.
