Home Case Index All Cases Companies Law Companies Law + Other Companies Law - 2021 (2) TMI Other This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (2) TMI 1311 - Other - Companies LawDelay in appointment of Company Secretary of the company with a delay of 91 days - violation of the provisions of sub-section (4) of section 203 of Companies Act and rules made thereunder - HELD THAT:- The company and its officers, who have defaulted the provisions of section 203(1) r/w 203(4) of the Act for non- appointment of Whole-Time Company Secretary are liable for penalties under section 203(5) of the Act w.e.f. 28th August, 2019 to 26th November, 2019 - the penalty so imposed is commensurate with the aforesaid failure committed by the Noticee(s). Attention is also invited to section 454(8)(ii) of the Act regarding consequences of non-payment of penalty within the prescribed time limit of 90 days from the date of the receipt of copy of this order in terms of the provisions of section 454(8)(i) of the Act - In terms of the provisions of sub-rule (9) of Rule 3 of Companies (Adjudication of Penalties) Rules, 2014 as amended by Companies (Adjudication of Penalties) Amendment Rules, 2019, copy of this order is being sent to Beam Global Spirits & Wine (India) Private Limited and all directors/officers in default mentioned herein above and also to Office of the Regional Director (Northern Region), Ministry of Corporate Affairs at New Delhi. Application disposed off.
|