ROC Mumbai Imposes Penalty for Incorrect AOC-4 XBRL Filing:

ROC Mumbai Imposes Penalty for Incorrect AOC-4 XBRL Filing The Registrar of Companies (ROC), Mumbai, imposed a penalty on a director of a company named Complete Sports and Management India Ltd for the incorrect filing of E-form AOC-4 XBRL.

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ROC Penalises Company Rs 7.4 Lakh for Delay in Making Reappointment of Company Secretary

Background of the company As per Rule 8(1) and 8(3) of the Companies (Registration Office and Fees) Rules, 2014, every electronic form must be signed using a digital signature. Also, the person who signs and certifies the form is responsible for ensuring that all the information and attached documents are correct. In this case, the company filed the AOC-4 XBRL form on 01.02.2026. While filing, it was mistakenly mentioned that Corporate Social Responsibility (CSR) provisions were not applicable, even though they actually were applicable. The form was digitally signed and declared by the director of the company.

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ROC Mumbai Orders Penalty Under Section 450 for Board Meeting Default

Since the authorised signatory is responsible for the accuracy of the form, the director of the company is liable for a penalty under Section 450 of the Companies Act, 2013, for this mistake. As a result, the ROC imposed a Rs 10,000 penalty on the company's director.