Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
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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