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, 2026
Premium
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 Issues FAQs on Registration of Foreign Companies and Indian SubsidiariesROC: Company and Directors Faces Penalty for Not Having Any Office at Registered Location of BusinessROC Imposes Penalty on Company and Director for Failure to Furnish Financial Statements for FY 2021-22Company and Directors Face Penalty for Not Filing Declaration within 180 Days of Incorporation: 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
2656My Recent Articles
- ITAT Remands Rs 2.04 Crore Pre-Operative Expense Disallowance Dispute, Holds Business Setup and Commencement Are DistinctPremium
- ITAT Deletes Rs 11.82 Crore Bogus Purchase Additions After Finding Genuine Purchases Supported by Toll, Transport, and Banking RecordsPremium
- ITAT Quashes CIT(E)'s Order After Finding Taxpayer Is Already Covered by Section 80G Approval Till 2027-28Premium
- ITAT Quashes Section 263 Revision, Holds PCIT Cannot Invoke Section 263 Where AO Adopted a Plausible ViewPremium
- ITAT Deletes Rs 14 Lakh Addition as Tax Authorities Fail to Prove Cement Purchases Were BogusPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts