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    <title>2018 (7) TMI 460 - NATIONAL COMPANY LAW TRIBUNAL, KOLKATA</title>
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    <description>The Tribunal compounded the violation under section 203(1)(iii) of the Companies Act, 2013, after the Applicants rectified the offence by making subsequent appointments for the required key managerial personnel. The compounding fees were determined individually for each applicant based on their association with the company, and they were directed to deposit the fees within a specified timeframe from their personal accounts. The matter was resolved, and the Registrar of Companies, West Bengal was instructed to take necessary action in accordance with the Tribunal&#039;s decision.</description>
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      <description>The Tribunal compounded the violation under section 203(1)(iii) of the Companies Act, 2013, after the Applicants rectified the offence by making subsequent appointments for the required key managerial personnel. The compounding fees were determined individually for each applicant based on their association with the company, and they were directed to deposit the fees within a specified timeframe from their personal accounts. The matter was resolved, and the Registrar of Companies, West Bengal was instructed to take necessary action in accordance with the Tribunal&#039;s decision.</description>
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