https://www.taxtmi.com/caselaws?id=408300 The Tribunal allowed the compounding application against the Registrar of Company, Mumbai for the violation of section 92 of the Companies Act, 2013. The Company rectified the default by filing the belated Annual Returns for the specified financial years, leading to the application being granted upon payment of the prescribed compounding fee and penalties. The Company and its officers were directed to pay penalties within 30 days, with specific amounts for each day of default, serving as a deterrent for future non-compliance. The Registrar of Companies was tasked with ensuring compliance and taking further actions as required. en-us Thu, 13 May 2021 00:00:00 +0530 Mon, 07 Jun 2021 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408300 The Tribunal allowed the compounding application against the Registrar of Company, Mumbai for the violation of section 92 of the Companies Act, 2013. The Company rectified the default by filing the belated Annual Returns for the specified financial years, leading to the application being granted upon payment of the prescribed compounding fee and penalties. The Company and its officers were directed to pay penalties within 30 days, with specific amounts for each day of default, serving as a deterrent for future non-compliance. The Registrar of Companies was tasked with ensuring compliance and taking further actions as required. Case-Laws Companies Law Thu, 13 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408300