Bangalore ROC adjudication order for violation of Section 161 of the CA 2013 in the matter of CHAITANYA INDIA FIN CREDIT PRIVATE LIMITED

Bangalore ROC adjudication order for violation of Section 161 of the CA 2013 in the matter of CHAITANYA INDIA FIN CREDIT PRIVATE LIMITED

https://youtu.be/A4TuOw5zvTI

*NON COMPLIANCE*

*1. Failure to co opt as additional director before appointing as Managing Director*

*2. Failure to regularise in AGM*


*Total penalty imposed:*

On Company: Rs. 3 Lakhs
MD : 1 Lakh
1 Director: 1 Lakh
CEO: 1 Lakh
2CFO: 2 Lakhs
2 Company Secretary: 2 Lakhs

*Total Penalty: 10 Lakhs*

Download copy :

https://acrobat.adobe.com/link/review?uri=urn:aaid:scds:US:8656d962-ea65-34f3-8afa-641afc98d818