https://www.taxtmi.com/caselaws?id=337748 The National Company Law Tribunal, Bengaluru, considered a compounding application for a delay in filing the Return of Allotment under Section 75 of the Companies Act, 1956. The Managing Director of the company was levied a compounding fee of Rs. 2,33,600 for the violation, which was paid promptly. The Tribunal accepted the fee, compounding the offence and directed the order to be sent to the Registrar of Companies, Karnataka, Bengaluru for further action, emphasizing the importance of timely compliance with statutory requirements to avoid penalties. en-us Tue, 15 Nov 2016 00:00:00 +0530 Tue, 17 Jan 2017 08:15:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337748 The National Company Law Tribunal, Bengaluru, considered a compounding application for a delay in filing the Return of Allotment under Section 75 of the Companies Act, 1956. The Managing Director of the company was levied a compounding fee of Rs. 2,33,600 for the violation, which was paid promptly. The Tribunal accepted the fee, compounding the offence and directed the order to be sent to the Registrar of Companies, Karnataka, Bengaluru for further action, emphasizing the importance of timely compliance with statutory requirements to avoid penalties. Case-Laws Companies Law Tue, 15 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337748