Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
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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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