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.
IBBI First Appellate Authority denies RTI for Ajnara project data, citing Supreme Court ruling that public bodies are not obligated to create new info.
An ROC Hyderabad order imposes a penalty on Chiraharit Limited and its directors for violating Section 42(6) of the Companies Act, 2013, by not opening a separate bank account for a preferential issue.
The Registrar of Companies, Mumbai, has issued a penalty against Maxwell Life Science and its directors for failing to include mandatory disclosures in their Board Report for FY 2021-22.