Investors' Education Protection Fund compliance extension: deposits made by the specified cutoff deemed compliant and shielded from penalty. Companies that deposited the requisite unpaid and unclaimed amounts referred to in Section 205C into the Investors' Education Protection Fund on or before the specified cutoff shall be deemed to have satisfied the compliance objective of the earlier circular and shall not be subject to penal proceedings for delays up to that cutoff; Regional Directors and Registrars of Companies are directed to initiate action only where compliance was not made by the cutoff, including cases with issued show cause notices.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Investors' Education Protection Fund compliance extension: deposits made by the specified cutoff deemed compliant and shielded from penalty.
Companies that deposited the requisite unpaid and unclaimed amounts referred to in Section 205C into the Investors' Education Protection Fund on or before the specified cutoff shall be deemed to have satisfied the compliance objective of the earlier circular and shall not be subject to penal proceedings for delays up to that cutoff; Regional Directors and Registrars of Companies are directed to initiate action only where compliance was not made by the cutoff, including cases with issued show cause notices.
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