Tribunal imposes lenient penalty for CSR disclosure violations under Companies Act Sections 134(3)(o) and 135(2); appeal dismissed.

Tribunal imposes lenient penalty for CSR disclosure violations under Companies Act Sections 134(3)(o) and 135(2); appeal dismissed. https://www.taxtmi.com/highlights?id=48173 Compounding of offences u/s 134(3)(o) r.w.s 135(2) - violation of disclosure of Director’s Report and the details of the CSR Policy developed and implemented - since, Tribunal having taken lenient view has calculated penal amount is less than 33% of the total maximum penal amount payable - no merit in the appeal en-us Wed, 24 Jul 2019 07:47:39 +0530 Wed, 24 Jul 2019 07:47:39 +0530 TaxTMI RSS Generator Tribunal imposes lenient penalty for CSR disclosure violations under Companies Act Sections 134(3)(o) and 135(2); appeal dismissed. https://www.taxtmi.com/highlights?id=48173 Compounding of offences u/s 134(3)(o) r.w.s 135(2) - violation of disclosure of Director’s Report and the details of the CSR Policy developed and implemented - since, Tribunal having taken lenient view has calculated penal amount is less than 33% of the total maximum penal amount payable - no merit in the appeal Highlights Companies Law Wed, 24 Jul 2019 07:47:39 +0530 https://www.taxtmi.com/highlights?id=48173