Section 450 Violation: ROC Fines Company and Director Over Conversion Filing Delay:

Section 450 Violation: ROC Fines Company and Director Over Conversion Filing Delay

The ROC Uttarakhand imposed a Rs 20,000 penalty on a company and its director for a one-day delay in the public to private limited conversion filing.

One Day Filing Delay Cost Rs 20,000

authorSaloni KumaridateApr 13, 2026
Last update on Apr 13, 2026
Section 450 Violation: ROC Fines Company and Director Over Conversion Filing Delay The Registrar of Companies (ROC), Uttarakhand, has levied a penalty amounting to Rs 20,000 on the company, Sanjeevani Agrofoods Limited and its director for non-compliance with the provisions of Section 450 of the Companies Act 2013. The company, Sanjeevani Agrofoods Limited, is registered under the Companies Act 2013, possessing a registered office at Khasra No. 148, Cha Mauza Chandrabani Khalsa Mohbewala, Dehradun, Uttarakhand, India 248002.
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The company was converting from a public limited to a private limited, for which it was required to furnish an application under Section 14 of the Companies Act 2013. However, the same was filed late by one day. Consequently, the company and its director, Mr Tara Singh, became liable for penal action under Section 454 of the Companies Act, 2013. The disputed company and director also submitted a suo motu e-adjudication application, admitting the non-compliance committed by them.
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Considering the aforementioned violation, a penalty amounting to Rs 10,000 has been imposed on the company, Sanjeevani Agrofoods Limited and Rs 10,000 on its director, Mr Tara Singh. They have been directed to pay the penalty amount and rectify the default within 90 days of receiving the order. Additionally, if the company is dissatisfied with the present ROC order, it is allowed to challenge it in writing with the Regional Director, RD Noida, within sixty days of receiving the order.

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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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