https://www.taxtmi.com/caselaws?id=397636 The National Company Law Tribunal upheld penalties totaling &8377; 27,09,000/- on each Appellant for continuous violations of Sections 166 and 96 of the Companies Act, 1956 and 2013. Despite considering mitigating circumstances, the Tribunal dismissed the Appeal, emphasizing consistency in compounding offenses and the penalty's appropriateness in light of the violations. en-us Fri, 12 Jun 2020 00:00:00 +0530 Tue, 25 Aug 2020 16:52:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397636 The National Company Law Tribunal upheld penalties totaling &8377; 27,09,000/- on each Appellant for continuous violations of Sections 166 and 96 of the Companies Act, 1956 and 2013. Despite considering mitigating circumstances, the Tribunal dismissed the Appeal, emphasizing consistency in compounding offenses and the penalty's appropriateness in light of the violations. Case-Laws Companies Law Fri, 12 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397636