https://www.taxtmi.com/caselaws?id=376598 The National Company Law Appellate Tribunal consolidated two Appeals concerning compounding of offences under different provisions of the Companies Act. The Appellants sought reductions in fines imposed by the National Company Law Tribunal, Ahmedabad Bench, for non-compliance. Despite arguments emphasizing corrective actions and voluntary compounding applications, the NCLAT upheld the fines, stressing the importance of timely compliance to prevent misconduct. Additionally, the request to reduce the fine imposed on a deceased individual was rejected due to lack of legal representation. The Appeals were dismissed, with no orders as to costs. en-us Thu, 07 Feb 2019 00:00:00 +0530 Tue, 12 Mar 2019 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376598 The National Company Law Appellate Tribunal consolidated two Appeals concerning compounding of offences under different provisions of the Companies Act. The Appellants sought reductions in fines imposed by the National Company Law Tribunal, Ahmedabad Bench, for non-compliance. Despite arguments emphasizing corrective actions and voluntary compounding applications, the NCLAT upheld the fines, stressing the importance of timely compliance to prevent misconduct. Additionally, the request to reduce the fine imposed on a deceased individual was rejected due to lack of legal representation. The Appeals were dismissed, with no orders as to costs. Case-Laws Companies Law Thu, 07 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376598