https://www.taxtmi.com/article/detailed?id=11510 The note explains statutory obligations to hold Annual General Meetings and the penal consequences for defaults under the Companies Act, 1956 and Companies Act, 2013. It details the compounding of offences mechanism under the 2013 Act, including authorities empowered to compound, eligibility limits, and the Registrar of Companies' role in reporting defaults and computing maximum potential fines that inform compounding applications by companies and officers-in-default. en-us Mon, 19 Jun 2023 10:08:09 +0530 Mon, 19 Jun 2023 10:08:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11510 The note explains statutory obligations to hold Annual General Meetings and the penal consequences for defaults under the Companies Act, 1956 and Companies Act, 2013. It details the compounding of offences mechanism under the 2013 Act, including authorities empowered to compound, eligibility limits, and the Registrar of Companies' role in reporting defaults and computing maximum potential fines that inform compounding applications by companies and officers-in-default. Articles Corporate Laws / IBC / SEBI Mon, 19 Jun 2023 10:08:09 +0530 https://www.taxtmi.com/article/detailed?id=11510