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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Courts Urged to Order Filing Compliance u/ss 159, 220 of Companies Act, 1956 to Enhance Accountability.</h1> The Ministry of Corporate Affairs has observed that courts often acquit or discharge accused parties in cases of violations under Sections 159 and 220 of the Companies Act, 1956, after imposing penalties. Section 614A(1) allows courts to order the accused to file necessary documents with the Registrar, with applicable fees. Registrars are advised to request courts to issue such orders, enabling further action under Section 614A(2) against non-compliant directors. This measure aims to ensure compliance and accountability in filing requirements under the Companies Act, 1956.