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Companies Law - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Appointment of Directors in contravention of provisions of law - ...


Hyderabad Tribunal imposes Rs. 2,000/day compounding fee for director appointment violation under Companies Act, 2013, Section 165(6).

January 5, 2020

Case Laws     Companies Law     Tri

Appointment of Directors in contravention of provisions of law - The Registrar of Companies, Hyderabad calculated fine basing on the minimum prescribed under section 165(6) of the Companies Act, 2013 - since no prosecution is launched against applicant and the present application is filed for compounding of the violation on his own. Therefore, the Tribunal can take a lenient view in imposing compounding fee of ₹ 2,000 per day

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