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…
Penalty of Rs. 4 Lakhs imposed by MCA on Company and 3 Directors due to failure to maintain Registered Office
The MCA (Ministry of Corporate Affairs) imposed a penalty of ₹4 lakhs on a company and three of its directors for failing to maintain a registered office, as mandated by the Companies Act. Having a registered office is a fundamental requirement for every company, serving as the primary place for official communications and regulatory purposes. The significant penalty underscores the seriousness with which the MCA views non-compliance with this essential corporate governance provision.