https://www.taxtmi.com/caselaws?id=381058 The National Company Law Tribunal conditionally allowed the Company Petition filed by Directors seeking compounding of offences for unintentional violation of Section 217(1) of the Companies Act, 1956. The Tribunal acknowledged the technical nature of the contravention, approved the compounding application, and directed the Petitioners to deposit compounding fees with the Registrar of Companies within four weeks. Failure to comply would result in potential prosecution or further action by the Registrar of Companies. The Company Petition was disposed of with instructions for necessary compliance by the parties involved. en-us Thu, 28 Mar 2019 00:00:00 +0530 Tue, 04 Jun 2019 08:13:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381058 The National Company Law Tribunal conditionally allowed the Company Petition filed by Directors seeking compounding of offences for unintentional violation of Section 217(1) of the Companies Act, 1956. The Tribunal acknowledged the technical nature of the contravention, approved the compounding application, and directed the Petitioners to deposit compounding fees with the Registrar of Companies within four weeks. Failure to comply would result in potential prosecution or further action by the Registrar of Companies. The Company Petition was disposed of with instructions for necessary compliance by the parties involved. Case-Laws Companies Law Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381058