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<h1>Indian Companies Act: Penalty Adjudication Rules 2014 Detail Procedures for Non-Compliance and Appeal Process</h1> The Companies (Adjudication of Penalties) Rules, 2014, established by the Indian Ministry of Corporate Affairs, outline procedures for adjudicating penalties under the Companies Act, 2013. The Central Government can appoint officers as adjudicating officers to assess penalties for non-compliance. These officers issue notices to companies and officers in default, allowing them to present their case. The adjudicating officer can summon witnesses and require evidence. Penalties are credited to the Consolidated Fund of India. Appeals against decisions can be filed with the Regional Director within 60 days, and the process includes registration, hearing, and potential ex-parte decisions if parties fail to appear.