Judgement

ROC imposes a penalty of 8 lakh on eight directors of a company for the non-appointment of two independent directors on the board for the period from financial year 2015-16 to 2018-19. 

ROC Penalises Company's Eight Directors Over Non-Appointment of Two Independent Directors for FY 2015-16 to 2018-19

The Registrar of Patna has dropped the adjudication proceedings and did not impose any penalty on Aditya Vision Limited and its officers after confirming that the statute mandate was exempted as it was functioning as a private company.

No Penalty Against Company as ROC Drops Proceedings for Non- Appointment of Independent Directors 

No Penalty Against Company as ROC Drops Proceedings for Non-Appointment of Independent Directors

Orders

ROC penalised a company and its directors for a 1,488-day delay in appointing the required independent directors.

ROC Ahmedabad Imposes Penalty for Delay in Appointment of Independent Directors

ROC imposes maximum penalty under Section 172 for eight-year non-compliance with Section 149(4) of the Companies Act, 2013.

Registrar of Companies Imposes Maximum Penalty for Long-Standing Failure to Appoint Independent Directors

News

Future Retail independent directors claim that Amazon transaction violates FEMA & FDI rules

Press Release

SEBI issues Consultation paper on “Review of Regulatory Provisions related to Independent Directors”

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ROC Penalises Company's Eight Directors Over Non-Appointment of Two Independent Directors for FY 2015-16 to 2018-19

No Penalty Against Company as ROC Drops Proceedings for Non-Appointment of Independent Directors

ROC Ahmedabad Imposes Penalty for Delay in Appointment of Independent Directors

Registrar of Companies Imposes Maximum Penalty for Long-Standing Failure to Appoint Independent Directors

Future Retail independent directors claim that Amazon transaction violates FEMA & FDI rules

SEBI issues Consultation paper on “Review of Regulatory Provisions related to Independent Directors”