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of <h1>Adjudicating officers under Companies Act can impose penalties after issuing electronic notices; appeals allowed, penalties paid online.</h1> The Companies (Adjudication of Penalties) Rules, 2014, empower the Central Government to appoint officers as adjudicating officers to impose penalties under the Companies Act. These officers must issue a written notice to the concerned parties, detailing the alleged non-compliance and potential penalties. Responses to notices are to be submitted electronically, with provisions for extensions. The adjudicating officer can summon individuals, require document production, and conduct hearings if necessary. Orders must be issued within specified timeframes and are subject to appeal. Penalties are determined based on factors like company size, business nature, and public interest impact, and must be paid through the Ministry of Corporate Affairs portal.
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