ROC Imposes Penalty on Chinese Director for DIR-3 KYC Non-Compliance:

ROC Imposes Penalty on Chinese Director for DIR-3 KYC Non-Compliance The Registrar of Companies (ROC) Kanpur has issued an order of adjudication dated January 23, 2026, imposing a Rs. 25.81 lakh penalty on the director of NEU Science and Metallurgical Technology Private Limited, named Chen Xudong, under Section 454 of the Companies Act, 2013, for contravention of Section 450 of the Act.

Also Read

ICAI Hosts Draft Bank Branch Auditors’ Panel of CAs/Firms for FY 2025-26 at meficai.org

Following an inquiry conducted under Section 206(5) of the Companies Act 2013, the concerned Inquiring Officer flagged that the KYC status of a company director named Chen Xudong, having DIN 07905332, was deactivated in conclusion to the non-filing of DIR-3 KYC. This was an explicit violation of the provisions of Rule 12A of the Companies (Appointment and Qualification of Directors) Rules, 2014, read with Section 450 of the Companies Act, 2013. The Inquiring Officer mentioned the same in its report dated November 11, 2022. Therefore, ROC Khanpur was instructed to take necessary action against the director for the contravention.

Also Read

Bombay High Court Grants Major Interim Relief to Insurance Firms in Rs. 10,000 Crore GST Recovery Case

The related company and the default director neither furnished any response nor prayed for any hearing. In conclusion, the ROC imposed a penalty and an additional penalty amounting to Rs. 50,000 and Rs. 25.31 lakh, respectively, on Chen Xudong. Also, directed the director to rectify the default and pay the imposed penalty amount within the time period of 90 days from the date of receiving the order.