https://www.taxtmi.com/caselaws?id=289803 The Tribunal allowed the applications for compounding the offences related to delay in holding annual general meetings for the years 2012 to 2015 under the Companies Act. Fines were imposed on the company and its officers-in-default for the violations, with amounts varying based on the specific year and period of default. The company was directed to remit the penalties from its accounts, and the officers were to pay from their own resources within a specified timeframe. Emphasis was placed on the importance of timely compliance with statutory requirements, and the company was required to file a copy of the order with the Registrar of Companies. en-us Fri, 19 Jul 2019 00:00:00 +0530 Sun, 23 Aug 2020 09:41:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289803 The Tribunal allowed the applications for compounding the offences related to delay in holding annual general meetings for the years 2012 to 2015 under the Companies Act. Fines were imposed on the company and its officers-in-default for the violations, with amounts varying based on the specific year and period of default. The company was directed to remit the penalties from its accounts, and the officers were to pay from their own resources within a specified timeframe. Emphasis was placed on the importance of timely compliance with statutory requirements, and the company was required to file a copy of the order with the Registrar of Companies. Case-Laws Companies Law Fri, 19 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289803