ROC Hyderabad has penalized Virupaksha Organics and its directors for failing to constitute a Nomination and Remuneration Committee under the Companies Act, 2013.
Shree Krishna Impex Ventures is penalized by the Gwalior Registrar of Companies for an incomplete and unsigned Board Report, violating the Companies Act.
Officers of Tamilnad Mercantile Bank, including the CFO and Company Secretary, faced penalties after board minutes were finalized 215 days late. The case clarifies officers’ accountability under Section 118(11) of the Companies Act, 2013.
MCA imposed penalties on Tamilnad Mercantile Bank and its officers for violating Section 118 of the Companies Act, 2013 by finalizing board meeting minutes 182 days late. The ruling underscores the importance of timely compliance in corporate governance.
Directors and the company were fined for continued default in maintaining a registered office, highlighting the consequences of ignoring Section 12 requirements under the Companies Act, 2013.
ROC Mumbai fines Maxwell Life Science for failing to disclose mandatory details in its Board Report, violating the Companies Act, 2013.
Officers and company directors are not liable for penalties under Section 178(8) for defaults occurring before 21 December 2020, reinforcing decriminalization provisions.
ROC Mumbai imposes penalties on Maxwell Life Science Limited and its directors for failing to include mandatory disclosures in the company’s Board Report.
The CBDT issued an order amending the scope of the e-Appeals Scheme 2023. It now covers appeals filed before October 1, 2020, against assessment orders with a disputed demand exceeding Rs.25 lakhs.
ROC Mumbai fines Radiant Life Care Private Limited and its director for a 42-day delay between two board meetings, violating the Companies Act, 2013.
