ROC Penalises Company

The Registrar of Companies (ROC) has taken action against a company for non-compliance with regulatory requirements. The company failed to appoint two independent directors for the financial years 2015-16 to 2018-19, a breach of filing form INC-20A. Key points of the penalty include:
- The company and its eight directors have been penalised for the breach,
- The decision was made on August 14, 2026, and reported on August 15, 2026,
- The penalty is a result of the company's failure to file the necessary forms and maintain the required number of independent directors on its board.
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