Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
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The Registrar of Companies, Chennai, acting as the Adjudicating Officer u/s 454(1) of the Companies Act, 2013, found non-compliance with Rule 14(6) of the Companies (Prospectus and Allotment of Securities) Rules, 2014 by the company and its directors. Consequently, a penalty of Rs. 10,000 was imposed on the company and Rs. 10,000 on the officers in default, totaling Rs. 20,000, as prescribed u/s 450 of the Companies Act, 2013. The penalty amount is to be paid online within 90 days of receiving the order, and proof of payment is to be submitted to the office.
The Registrar of Companies, Chennai, acting as the Adjudicating Officer u/s 454(1) of the Companies Act, 2013, found non-compliance with Rule 14(6) of the Companies (Prospectus and Allotment of Securities) Rules, 2014 by the company and its directors. Consequently, a penalty of Rs. 10,000 was imposed on the company and Rs. 10,000 on the officers in default, totaling Rs. 20,000, as prescribed u/s 450 of the Companies Act, 2013. The penalty amount is to be paid online within 90 days of receiving the order, and proof of payment is to be submitted to the office.
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