Judgement

Company shares being transferred without permission. The Court said the Auditor wasn’t directly responsible and gave him bail, but he must cooperate with the investigation.

Telangana High Court grants anticipatory bail to Chartered Accountant accused in alleged fraudulent share transfer

An appeal filed by Indu Packaging (Daman) Limited and its directors against a penalty imposed by the ROC Goa for failing to mention the Corporate Identification Number (CIN) on company letterheads used in statutory filings. The Regional Director (RD) Mumbai modified the original order, ruling that the omission was an event-based default rather than a continuous offence.

RD Mumbai deletes penalty for Missing CIN on Letterheads [Read Order]

The company failed to file the mandatory board resolution for approval of its financial statements, leading to regulatory action for non-compliance under the Companies Act, 2013. As a result, penalties were imposed on both the company and its directors, along with directions to rectify the default within the prescribed time.

Nidhi Company penalised for failing to file Form MGT-14 for approval of financial statements

The company was fined because it did not mention the occupations of people receiving shares in its Form PAS-3. This was required by law, so leaving it blank was treated as a violation, and both the company and its officers had to pay a penalty.

Failure to furnish mandatory particulars in Form PAS-3 invites regulatory action under Rule 12(2) and Section 450

ROC Chennai fined the company Rs 2 lakh and its directors Rs 50,000 each for not filing the annual return on time.

ROC Chennai Imposes Penalty for Non-Filing of Annual Return under Companies Act, 2013

ROC Mumbai fined PNMS Polymors Pvt. Ltd. and its directors Rs 24,000 each for failing to maintain a valid registered office and not responding to official notices, violating Section 12 of the Companies Act, 2013.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Telangana High Court grants anticipatory bail to Chartered Accountant accused in alleged fraudulent share transfer

RD Mumbai deletes penalty for Missing CIN on Letterheads [Read Order]

Nidhi Company penalised for failing to file Form MGT-14 for approval of financial statements

Failure to furnish mandatory particulars in Form PAS-3 invites regulatory action under Rule 12(2) and Section 450

ROC Chennai Imposes Penalty for Non-Filing of Annual Return under Companies Act, 2013

ROC imposes Penalty on company for Non-Compliance of Registered Office