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
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Informative
Non-Filing of Annual Returns for 2 Consecutive Years: MCA Imposes Penalty on Company and its Directors
Corporate ComplianceCorporate Law & Governance
The MCA imposed a penalty on a company and its directors for the non-filing of annual returns for two consecutive years. Filing annual returns is a mandatory compliance requirement for all registered companies under the Companies Act. Failure to do so for an extended period can result in penalties and other adverse consequences. This action by the MCA highlights the importance of timely filing of statutory returns.
