https://www.taxtmi.com/article/detailed?id=8236 The Ordinance transfers several procedural powers to the Central Government, imposes a filing based commencement requirement for new companies with share capital and empowers the Registrar to verify registered offices and initiate name removal where companies appear inactive. It revises timelines and fees for registration of charges, treats willful misstatement in charge particulars as actionable under fraud provisions, and substantially revises penalty regimes-introducing graduated monetary sanctions, daily continuance penalties, compounding limits, expanded adjudicating powers, and enhanced penalties for repeat defaults while providing reduced caps for small entities. en-us Sat, 10 Nov 2018 07:10:28 +0530 Sat, 10 Nov 2018 07:10:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8236 The Ordinance transfers several procedural powers to the Central Government, imposes a filing based commencement requirement for new companies with share capital and empowers the Registrar to verify registered offices and initiate name removal where companies appear inactive. It revises timelines and fees for registration of charges, treats willful misstatement in charge particulars as actionable under fraud provisions, and substantially revises penalty regimes-introducing graduated monetary sanctions, daily continuance penalties, compounding limits, expanded adjudicating powers, and enhanced penalties for repeat defaults while providing reduced caps for small entities. Articles Corporate Laws / IBC / SEBI Sat, 10 Nov 2018 07:10:28 +0530 https://www.taxtmi.com/article/detailed?id=8236