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2019 (1) TMI 1826 - NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCHCompounding Application suo-moto for violation of Section 137(2) of the Companies Act, 2013 - HELD THAT:- A Compounding Fee of ₹ 2,94,000/- for Company & ₹ 1,00,000/- each for 2 Directors, which works out to ₹ 4,94,000/- in total by applicant/defaulters herein, stated in the Defaulters list, shall be sufficient as a deterrent for not repeating the impugned default in future. The imposed remittance shall be paid by way of Demand Draft drawn in favour of "Pay and Accounts Officer, Ministry of Corporate Affairs. Mumbai" within 30 days from the receipt of this order. This Compounding is, therefore, disposed of.
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