https://www.taxtmi.com/caselaws?id=399729 The Tribunal compounded the offences related to delays in holding Annual General Meetings for financial years 2016-17 and 2017-18 under Sections 96, 99, and 441 of the Companies Act, 2013. Considering extenuating circumstances, economic conditions, and proactive rectification steps, the Tribunal imposed minimum compounding fines on the company and its directors, exempting some individuals due to resignations and non-involvement during the relevant periods. The Tribunal directed the petitioners to pay the penalties within six weeks, with further action by the Registrar of Companies upon proof of payment. en-us Fri, 05 Jun 2020 00:00:00 +0530 Sat, 17 Oct 2020 13:16:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399729 The Tribunal compounded the offences related to delays in holding Annual General Meetings for financial years 2016-17 and 2017-18 under Sections 96, 99, and 441 of the Companies Act, 2013. Considering extenuating circumstances, economic conditions, and proactive rectification steps, the Tribunal imposed minimum compounding fines on the company and its directors, exempting some individuals due to resignations and non-involvement during the relevant periods. The Tribunal directed the petitioners to pay the penalties within six weeks, with further action by the Registrar of Companies upon proof of payment. Case-Laws Companies Law Fri, 05 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399729