https://www.taxtmi.com/caselaws?id=761894 The Registrar of Companies, Chennai, acting as Adjudicating Officer under Section 454(1) of the Companies Act, 2013, found a company and its directors violated Rule 14(6) of the Companies (Prospectus and Allotment of Securities) Rules, 2014. The adjudicating officer imposed penalties totaling Rs. 20,000 - Rs. 10,000 on the company and Rs. 10,000 on the officers in default under Section 450 of the Companies Act, 2013. Payment was ordered within 90 days through the MCA website with proof of payment required. en-us Mon, 02 Sep 2024 00:00:00 +0530 Tue, 19 Nov 2024 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761894 The Registrar of Companies, Chennai, acting as Adjudicating Officer under Section 454(1) of the Companies Act, 2013, found a company and its directors violated Rule 14(6) of the Companies (Prospectus and Allotment of Securities) Rules, 2014. The adjudicating officer imposed penalties totaling Rs. 20,000 - Rs. 10,000 on the company and Rs. 10,000 on the officers in default under Section 450 of the Companies Act, 2013. Payment was ordered within 90 days through the MCA website with proof of payment required. Case-Laws Companies Law Mon, 02 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761894