LatestCorporate Compliance 25 September 2026
ROC Ahmedabad Slaps Penalties on Firm and Directors for Allotment Lapses
The Registrar of Companies (ROC) in Ahmedabad has imposed financial penalties on a local company and its directors after uncovering serious lapses in a preferential share allotment. The investigation revealed failure to file required returns, improper issuance of shares and non‑compliance with the Companies Act, prompting the regulator to levy fines and warn of possible further legal action against the parties involved.
ROC Ahmedabad penalises company and directors
- The Registrar of Companies (ROC) in Ahmedabad issued penalties after finding lapses in a preferential share allotment.
- The firm and its directors failed to file required returns and did not follow proper share‑issuance procedures, violating the Companies Act.
- Fines have been levied and the regulator warned of possible further legal action. For full details, see the Times of India report.
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