ROC Penalises Company and Directors for Breach of Audit Committee Requirements under Section 177(2):

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

authorSaloni KumaridateAug 6, 2026
Last update on Aug 5, 2026
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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.

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Saloni Kumari

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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].
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Companies Act 2013Registrar of Companies India

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