ROC Chennai

Income Tax

Failure to furnish mandatory particulars in Form PAS-3 invites regulatory action under Rule 12(2) and Section 450 | Biz Flow Kit
Byadmin May 4, 2026

Marthandam People Development Nidhi Limited, a company based in Tamil Nadu, faced legal trouble when the Ministry of Corporate Affairs noticed a mistake in their paperwork. When the company filed a form to report the allotment of shares (Form PAS-3) in August 2019, they failed to list the occupations of the people receiving those shares….

Read More Failure to furnish mandatory particulars in Form PAS-3 invites regulatory action under Rule 12(2) and Section 450 | Biz Flow Kit
Income Tax

ROC Chennai Grants Relief with Zero Penalty | Biz Flow Kit
Byadmin March 12, 2026

Delay in Filing MGT-7A: ROC Chennai Grants Relief with Zero Penalty The Registrar of Companies (ROC), Chennai, imposed zero penalty on Net Carbon Vision Private Limited and its officer in default even after the company delayed the filing of its Annual Return. Background of the case The company held its annual general meeting for the…

Read More ROC Chennai Grants Relief with Zero Penalty | Biz Flow Kit
Income Tax

ROC Penalises Company and Director for Failure to Disclose Allottees’ Occupation in Form PAS-3 | Biz Flow Kit
Byadmin March 6, 2026

ROC Penalises Company and Director for Failure to Disclose Allottees’ Occupation in Form PAS-3 The Registrar of Companies (ROC), Chennai, has imposed a penalty amounting to Rs. 20,000 on the company, Sri Narayani Benefit Fund Nidhi Limited, and its director under Section 454 of the Companies Act 2013, vide an order of adjudication dated March…

Read More ROC Penalises Company and Director for Failure to Disclose Allottees’ Occupation in Form PAS-3 | Biz Flow Kit