Supreme Court Dismisses Appeal, Upholds Reduced Fine for Company's AGM Non-Compliance, Penalty Set at Rs. 26,53,000.

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....Compounding of offences - default in holding Annual General Meeting the company (AGM) - NCLAT has mainatined the order of NCLT where the said fine was reduced to the 1/5th of maximum fine and appellant has been imposed fine of Rs.26,53,000/- - Civil appeal filed by the appellant dismissed - SC....