MCA Imposes ₹4 Lakh Penalty on Company for not Maintaining Registered Office u/s 12 of Companies Act

The MCA imposed a penalty on a company for not maintaining a registered office, as required under Section 12 of the Companies Act. The penalty emphasizes the importance of adhering to corporate laws and maintaining proper records. The company's failure to comply with the basic requirement led to the imposition of a significant penalty. This action by the MCA highlights the need for companies to ensure compliance with statutory obligations. The case serves as a warning to other companies to maintain proper corporate governance practices.