ROC Penalises Company and Directors for Breach of Audit Committee Requirements under Section 177(2):
ROC imposed a Rs 7 lakh penalty on company and its directors for failing to maintain a compliant Audit Committee under the Companies Act, 2013.
ROC Slaps Rs 7 Lakh Penalty on Port City Nidhi Limited and Directors
Saloni Kumari
Aug 6, 2026Premium
ROC Penalises Company and Directors for Breach of Audit Committee Requirements under Section 177(2)
ROC imposed a Rs 7 lakh penalty on company and its directors for failing to maintain a compliant Audit Committee under the Companies Act, 2013.
Also Read
MCA Reminds Companies to File Form DPT-3 by June 30, 2026Tax Dept Cannot Tax a Dead Person: High Court Quashes Order Issued Against Deceased ProprietorReliance Communications’ UK Step-Down Subsidiary Dissolved by UK Companies RegistrarCompany and Director Penalised Over Making Two Major Mistakes in Form AOC-4: ROC
About Author
Saloni Kumari
Content Writer
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
StudyCafe
Delhi, Delhi, India
2543My Recent Articles
- ICAI Releases Eleventh Edition of Guidance Note on Tax Audit under Section 44AB of Income Tax Act, 1961 (Revised 2026)
- AIR-Holding Chartered Accountant Reportedly Dies by Suicide, Highlighting the Devastating Impact of Gambling Addiction
- Bharatkosh Portal to Undergo 52-Day Upgrade from August 7; Online Government Fee Payments May Be Disrupted
- ITAT Restores Section 12A Registration Matter to CIT(E), Holds Prior Notice Must Be Served Before Such RejectionPremium
- ITAT Ahmedabad Allows Deloitte’s Appeals, Directs AO to Verify Rs 28.26 Lakh Disputed TDS Credit ClaimsPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts