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…
Non-Maintenance of Registered Office by Private Limited Company: MCA imposes Rs. 4 lakh Penalty on Private Limited Company & Directors
The Ministry of Corporate Affairs (MCA) has imposed a penalty on a private limited company and its directors for failing to maintain a registered office. The company had not complied with the legal requirement to maintain a valid registered office, which is essential for business correspondence and official communication. As per the provisions of the Companies Act, companies are mandated to have a registered office in India. The penalty serves as a reminder to companies to comply with all regulatory requirements, ensuring transparency and proper functioning of corporate entities.