Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
← back
Informative
MCA Imposes Maximum Penalty For Internal Auditor Lapse
Update / Judgement Date
21 Dec 2025
Source
Author
Sakshi Bhardwaj — WCP Legal Desk
Reading Time
1 min read
Corporate Compliance
The Ministry of Corporate Affairs imposed the maximum statutory penalty on a private company and its directors for failure to properly appoint an internal auditor. The article underscores strict enforcement of Companies Act compliance norms and director accountability. It serves as a cautionary reminder that governance lapses, even procedural, can attract severe regulatory consequences.
