Penalty of Rs.61.9 lakh for Non-filing of annual returns and annual financial statements in violation of Sec. 92(4) & Sec. 137(1) of the Companies Act by ROC, Tamilnadu
ROC, Tamilnadu imposes a Penalty of Rs. 61.9 lakh (Rs. 25.07 lakh on the Company and Rs. 36.83 lakh on 5 Directors.) on Shunmugam Traders Private Limited for Non-filing of annual returns and annual financial statements, in violation of Sec. 92(4) & Sec. 137(1) of the Companies Act.
Roc also imposed a penalty of Rs. Lakh (Rs. 1 lakh each on the Company and 5 Directors.) for non-maintenance of Registered Office in violation of Sec. 12(1) of the Companies Act.
The copy of the order is as under:
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