Company and Director Penalised for Non-Filing of One-Time Return in Form DPT-3

The Registrar of Companies (ROC) Hyderabad under the Ministry of Corporate Affairs (MCA), Government of India, has levied a penalty amounting to Rs 20,000 on the company, Digilogic Systems Limited, and its director, Madhusudhan Varma Jetty, for violating Section 450 of the Companies Act, 2013.

In the present case, the company, Digilogic Systems Limited, had failed to furnish a one-time return in Form DPT-3 for reporting outstanding receipts of money or loans not considered as deposits for the period January 01, 2014, to March 31, 2019. The form was required to be filed within 90 days from March 31, 2019, as per the provisions of Section 73 of the Companies Act, 2013. Read Rule 16A(3) of the Companies (Acceptance of Deposits) Rules, 2014. However, the company failed.

The company admitted the mistake by voluntarily filing an application and asked for a bit of mercy. They claimed that the delay was not intentional but instead was due to an honest oversight, and also, the facility was not available on the MCA portal. Later, they sent in the needed return through Form GNL-2 on December 5, 2025, along with the DPT-3 information, and the ROC had accepted it.

During the proceedings of the case, the ROC sent the default company and director an e-show cause notice (SCN), asking them to appear for a hearing. In conclusion, the company’s director appeared and accepted the default committed by them. When the ROC reviewed the case facts, it noted that the default company and director are liable for penal action. Hence, it was concluded to impose a penalty of Rs 10,000 on the company and of Rs 10,000 on its director.

They have been instructed to pay the imposed penalty amount and rectify the default within the time limit of 90 days from the date of receiving the order.