https://www.taxtmi.com/caselaws?id=752627 The SC overturned the previous judgment, restoring the company, R.P. Casting Pvt. Ltd., to the register of companies under Section 252(1) of the Companies Act, 2013. The company must pay Rs. 5,00,000 to the RoC within 60 days and may face compounding fees for non-compliance. The ruling underscores the necessity of legal compliance and the repercussions of directors' negligence. en-us Tue, 12 Mar 2024 00:00:00 +0530 Wed, 15 May 2024 09:19:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752627 The SC overturned the previous judgment, restoring the company, R.P. Casting Pvt. Ltd., to the register of companies under Section 252(1) of the Companies Act, 2013. The company must pay Rs. 5,00,000 to the RoC within 60 days and may face compounding fees for non-compliance. The ruling underscores the necessity of legal compliance and the repercussions of directors' negligence. Case-Laws Companies Law Tue, 12 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752627