The Government of India has imposed a penalty of Rs. 2 lakh on Ecospace Commodities Trade Pvt Ltd for failing to comply with Section 12(3)(c) of the Companies Act, 2013, under an adjudication order.
Saloni Kumari | Apr 18, 2025 |
Failure to Maintain Register Office: ROC Imposes Penalty of Rs. 2 Lakh
The Government of India has recently issued an adjudication order under Section 454(3) of the Companies Act, 2013, and Rule 3 of the Companies (Adjudication of Penalties) Rules, 2014. The case consists of a non-compliance of Section 12(3)(c) of the Companies Act by Ecospace Commodities Trade Private Limited, a registered company with the Corporate Identification Number (CIN): U74999DL2011PTC289576. This number is a unique ID for the firm in the records of the Ministry of Corporate Affairs.
1. Appointment of Adjudicating Officer:
On March 24, 2015, the Ministry of Corporate Affairs (MCA) released an official notification. The notification appointed the Registrar of Companies (RoC) for Delhi and the entire state of Haryana as the Adjudicating Officer.
This appointment was made under the authority given by Section 454 of the Companies Act, 2013, and the Companies (Adjudication of Penalties) Rules, 2014. In easy words, this means that the RoC (Delhi and Haryana) has been officially given the authority to investigate and determine penalty issues whenever a company disregards any provisions under the Companies Act.
2. Company:
The Ecospace Commodities Trade Private Limited is officially registered under the Registrar of Companies under the Companies Act, 2013.
According to the information available on the MCA (Ministry of Corporate Affairs) website, the company’s registered office address is: Second Floor, Property No. 144, K.H. No. 14/15, E-Block, Northwest, Swaroop Nagar, Delhi, India – 110042.
The financial & other details of the subject company for the immediately preceding financial year, as available on MCA-21 portal, are stated as under:
| S.No | Particulars | Details |
| 1 | Paid-up Capital (as on 31.03.2017) (Equity & Preference Shares). Thereafter, no annual filing has been done by the Company | ₹3,49,000 |
| 2 | Turnover (Revenue from operations as per Balance Sheet for F.Y. 2016-17) | ₹4,99,249 |
| 3 | Holding Company | NA |
| 4 | Subsidiary Company | NA |
| 5 | Whether company registered under Section 8 of the Act? | No |
Whereas direction was received from RD(NR) dated 19.02.2021 to initiate action u/s 12 of the Companies Act, 2013 read with Section 454 of the Companies Act, 2013 as Notice u/s 206(1) issued by this office on 14.11.2017 vide latter no ROUTS/PV/206(1)/ECOSPACE/7835-37 to the Company and officers in default have returned with postal remarks “PUCHTACH KARNE PER PRAPTKARTA KA PATA NAHI CHAL PAYA” & remain unserved which proves that company is not maintaining its registered office and has made the violation of Section 12(1) of the Companies Act, 2013.
In reference to the directions, SCN was issued by this office and was sent to the company and its officers in default on 17.10.2023 through e-mail and through speed post. As per postal tracking, SCN was not delivered to the company and director’s namely CHANDRA DEVI BIYALA and ANIL KUMAR BAGRI and delivered to its one director namely JAY PRAKASH MUKHIYA. The copy of notice duly served on e-mail to the company, However, in response to SCN no reply has been received in this office till date which proves that Company has violated the provision of Section 12(1) of the Company Act, 2013
ROC has Imposed total Penalty of Rs. 2 Lakh on Company and it’s director for this default.
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