Bangalore ROC passed penalty order for violation of Section 117(1) failure to file MGT 14 beyond 300 days by applying lesson penalty pursuant to amended section 446B of CA 2013

Bangalore ROC passed penalty order for violation of Section 117(1) failure to file MGT 14 beyond 300 days by applying lesson penalty pursuant to amended section 446B of CA 2013

Learning points:

-What to do if MGT 14 is not filed within 300 days ?

-How to apply lessor penalty provision as amended section 446B of CA 2013 on Small Company

Please also share your practical experiences in dealing such type of adjudication process.