https://www.taxtmi.com/caselaws?id=343487 The Tribunal directed the petitioners to pay specific fines for the compounding of the offence under Section 621A of the Companies Act, 1956 for violating Section 307(1) of the Act by not disclosing complete particulars in the Register of directors' shareholding for the years 2001 to 2008. Each petitioner was instructed to pay a set fine amount, resulting in a total compounding amount, to the Ministry of Corporate Affairs within a specified timeframe. Non-compliance would lead to potential prosecution by the Registrar of Companies, Gujarat, under the law. The petition was disposed of with compliance instructions and further actions outlined. en-us Thu, 16 Mar 2017 00:00:00 +0530 Thu, 25 May 2017 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343487 The Tribunal directed the petitioners to pay specific fines for the compounding of the offence under Section 621A of the Companies Act, 1956 for violating Section 307(1) of the Act by not disclosing complete particulars in the Register of directors' shareholding for the years 2001 to 2008. Each petitioner was instructed to pay a set fine amount, resulting in a total compounding amount, to the Ministry of Corporate Affairs within a specified timeframe. Non-compliance would lead to potential prosecution by the Registrar of Companies, Gujarat, under the law. The petition was disposed of with compliance instructions and further actions outlined. Case-Laws Companies Law Thu, 16 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343487