The Madhya Pradesh High Court held that where a party obtains a certified copy of an arbitral award, limitation for an application under Section 34 of the Arbitration and…
Other Legal Matters
27/10/20266 min read1
← back
Informative
MCA Penalizes Private Company & Directors for 527-Day Delay in Filing e-Form BEN-2
Update / Judgement Date
06 Feb 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
View Count
Corporate ComplianceCorporate Law & Governance
The MCA penalized a private company and its directors for a 30-day delay in filing the E-form BEN. This action highlights the importance of timely compliance with regulatory requirements. The delay in filing the form led to penalties, emphasizing the need for companies to adhere to statutory deadlines. The MCA's decision underscores the importance of maintaining proper records and complying with corporate governance norms. This case serves as a reminder for businesses to ensure timely compliance with regulatory requirements.
