2018 (10) TMI 119

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Cheema, Member (Judicial) For The Appellant : Mr. Manan Batra, Advocate ORDER The Appellant preferred the application under Section 441 of the Companies Act, 2013 praying for compounding the offences under Section 92 and 137 of the Act, having defaulted in filing the Annual Return and Financial Statements within the statutory period for the financial year 2014-2015. The default has been ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....-   Mr. Kishan Lal Sharma 92(5) 30.11.2015 to 09.05.2017 5,00,000/- U/s 137 of the Companies Act, 2013 S. No. Name of Applicant Fine u/s 137 Default Period Amount 1. Shefield Appliances Limited 137 30.10.2015 to 11.05.2017 5,60,000/- 2. Mr. Anil Kumar Agarwal 137 30.10.2015 to 11.05.2017 5,00,000/- 3. Mr. Ved Prakash J....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....g 31st March, 2017, we reduce the amount payable by the Company to Rs. 50,000/- under Section 92. In so far as fine imposed under Section 137 is concerned, the same having calculated @ Rs. 1,000/- per day, we are not going to reduce the amount which has already been reduced to 1.5 lakhs. 5. In so far as the rest of the Appellants are concerned, counsel for the Appellant did not pursue the case ....