Governance news links worth noting
The ROC penalized the company for filing board resolutions after the 30-day limit. It held that statutory timelines under the Companies Act are mandatory and cannot be ignored. The post Penalty Impose
ROC imposed penalties for delayed filing of Form MR-1 beyond the 60-day limit. The ruling highlights strict compliance requirements for director appointments. The post MCA imposes Penalty for Late Fil
The ROC penalized the company for a substantial delay in filing board resolutions. It held that compliance deadlines under the Companies Act are strict and cannot be ignored. The post Company Penalize
ROC imposed penalties for delay in filing MGT-14 beyond 30 days. The ruling stresses strict compliance with statutory filing timelines. The post ROC imposed penalties for delay in filing MGT-14 appear
ROC imposed significant penalties for failing to constitute mandatory committees on time. The ruling makes it clear that delayed compliance does not excuse violations. Companies must adhere strictly t
The issue involved failure to appoint independent directors within the prescribed timeline. The authority held that delay constituted a violation, leading to penalties on the company and its officers.
The issue involved omission of Director Identification Numbers in financial statements. The authority held that such non-compliance attracts penalty under Section 172. The post ROC Patna Imposed Penal
The issue involved failure to disclose Director Identification Numbers in financial statements. The authority held that such omission violates Section 158 and attracts penalty. The post ROC Penalizes
The issue involved non-appointment of an internal auditor despite meeting turnover criteria. The authority held that failure to comply attracts penalty under Section 450. The post Penalty Imposed for
The authority penalized directors for executing related party transactions without fresh or valid approvals. It held that reliance on outdated resolutions violates Section 188. The ruling stresses str