Judgement

The Registrar of Companies (ROC) Patna, has imposed penalty of Rs 13.28 lakh on BMW Ventures Limited and its Directors for non-compliance with the mandataory provision for appointment of Company Secretary

Non-Appointment of Whole-Time Company Secretary Costs BMW Ventures Limited and its Directors Rs 13.28 lakh Penalty

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

The MCA imposed a total penalty of Rs. 8.86 lakh on FirstMeridian Business Services Limited and two officers in default for failure to appoint a Company Secretary within the prescribed statutory period under the Companies Act, 2013.

Delay in Appointment of Company Secretary Costs Company and Directors Rs 8.8 lakh Penalty 

Orders

ROC penalised the company for not disclosing a related-party loan in its Board’s Report and Form AOC-4, violating the Companies Act, 2013.

ROC Mumbai Imposes Penalty for Non-Disclosure of Related-Party Loan in Board’s Report

The ROC has levied a penalty of about Rs 2.92 lakh on Lokvikas Benefit Nidhi Limited and three directors for non-filing of  Financial Statements in Form AOC-4 for the FYs 2019-20 and 2020-21.

ROC Imposes Penalty Over Non-Filing of Financial Statements in Form AOC-4 for FY 2019-20 and 2020-21

ROC imposed penalties on the company and its officers for failure to file correct Financial Statements and defective filing of Form AOC-4 in violation of Section 137.

Explore Our Blogs

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

Non-Appointment of Whole-Time Company Secretary Costs BMW Ventures Limited and its Directors Rs 13.28 lakh Penalty

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

Delay in Appointment of Company Secretary Costs Company and Directors Rs 8.8 lakh Penalty

ROC Mumbai Imposes Penalty for Non-Disclosure of Related-Party Loan in Board’s Report

ROC Imposes Penalty Over Non-Filing of Financial Statements in Form AOC-4 for FY 2019-20 and 2020-21

ROC Imposes Penalty for Non-Filing of Financial Statements Under Section 137