ROC Mumbai Penalises Director for Incorrect AOC-4 Filing Under Companies Act

The director of the company was penalised by the Registrar of Companies (ROC), Mumbai-I, for furnishing incorrect information in Form AOC-4 under the Companies Act, 2013. The fine amount is Rs. 10,000.

The company filed its AOC-4 form on 25th October 2024 as per the ROC order. Therefore, the company had a subsidiary and it had to file consolidated financial statements through Form AOC-4 CFS. But when filling out the form, the company made a mistake and answered ‘No’ in the relevant section of the form instead of ‘Yes‘.

The ROC noted that the form was digitally signed and certified by the director. Under Rule 8(3) of the Companies (Registration Offices and Fees) Rules, 2014, the authorised signatory is responsible for ensuring the correctness of the information and attachments submitted in electronic forms.

On 11th May, 2026, the company was issued a show cause notice under section 454 read with section 450 of the Companies Act 2013, and the reply was filed by the director on 25th May, 2026.

The noticee did not request any personal or virtual hearing and the adjudicating officer also held that there was no need to hold a hearing in the matter. The ROC, after perusing the application and the records found that the incorrect filing resulted in the violation of rule 8(3) of the Companies (Registration Offices and fees) rules, 2014.

The form was approved under the Straight Through Processing (STP) system, and hence, the incorrect information remained on record. The ROC found the director liable for the default and the penalty of Rs. 10,000 was imposed under section 450 of the Companies Act, 2013.