https://www.taxtmi.com/caselaws?id=334108 The case was transferred to NCLT Hyderabad Bench from Company Law Board, Chennai Bench. An application under Companies Act 2013 sought compounding of an offence by the company for delay in appointing a woman director. The company admitted the offence due to unavoidable circumstances. The Tribunal allowed compounding for all four directors, directing payment of a compounding fee of Rs. 50,000 each within three weeks. The Registrar of Companies will proceed upon fee receipt. The case highlights the responsibility of companies and directors under the Companies Act 2013 regarding the appointment of a woman director. en-us Mon, 05 Sep 2016 00:00:00 +0530 Fri, 04 Nov 2016 09:33:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334108 The case was transferred to NCLT Hyderabad Bench from Company Law Board, Chennai Bench. An application under Companies Act 2013 sought compounding of an offence by the company for delay in appointing a woman director. The company admitted the offence due to unavoidable circumstances. The Tribunal allowed compounding for all four directors, directing payment of a compounding fee of Rs. 50,000 each within three weeks. The Registrar of Companies will proceed upon fee receipt. The case highlights the responsibility of companies and directors under the Companies Act 2013 regarding the appointment of a woman director. Case-Laws Companies Law Mon, 05 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334108