https://www.taxtmi.com/caselaws?id=292003 The Tribunal allowed the compounding of offences under Section 441 of the Companies Act, 2013, for default in filing Cost Audit Reports under Section 233B of the Companies Act, 1956. The company and its Managing Director were directed to pay a compounding fee of Rs. 15,000 and Rs. 1,50,000, respectively, within three weeks to the relevant Head of Account of MCA. The Tribunal emphasized that the decision was in line with statutory provisions and judicial precedents, ensuring fair treatment without compromising stakeholders' interests. en-us Fri, 08 Feb 2019 00:00:00 +0530 Thu, 03 Dec 2020 19:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292003 The Tribunal allowed the compounding of offences under Section 441 of the Companies Act, 2013, for default in filing Cost Audit Reports under Section 233B of the Companies Act, 1956. The company and its Managing Director were directed to pay a compounding fee of Rs. 15,000 and Rs. 1,50,000, respectively, within three weeks to the relevant Head of Account of MCA. The Tribunal emphasized that the decision was in line with statutory provisions and judicial precedents, ensuring fair treatment without compromising stakeholders' interests. Case-Laws Companies Law Fri, 08 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292003