https://www.taxtmi.com/caselaws?id=345110 The case was transferred from CLB, Chennai Bench to NCLT, Hyderabad Bench due to jurisdictional reasons. The Applicant Company violated Section 211(1) of the Companies Act, 1956 by falsely disclosing Issued Capital in the Balance Sheet. They applied for compounding the offence but faced scrutiny from the Registrar of Companies, Hyderabad. NCLT determined it lacked sufficient evidence of correction and dismissed the application, directing further action under the Companies Act, 1956 against the Applicants. en-us Mon, 05 Jun 2017 00:00:00 +0530 Sat, 08 Jul 2017 19:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345110 The case was transferred from CLB, Chennai Bench to NCLT, Hyderabad Bench due to jurisdictional reasons. The Applicant Company violated Section 211(1) of the Companies Act, 1956 by falsely disclosing Issued Capital in the Balance Sheet. They applied for compounding the offence but faced scrutiny from the Registrar of Companies, Hyderabad. NCLT determined it lacked sufficient evidence of correction and dismissed the application, directing further action under the Companies Act, 1956 against the Applicants. Case-Laws Companies Law Mon, 05 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345110