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…
RoC Imposes Rs. 21.46 Lakh Penalty On Indus Biotech Limited And Its Officers For Failure To File Form BEN-2
The Registrar of Companies (ROC) has imposed a penalty of ₹21.46 lakh on Indus Biotech Limited and its officers for failing to file Form BEN-2, which is required under the Companies Act, 2013. The form is used to disclose significant beneficial owners in a company. The penalty was imposed after the company failed to comply with the filing requirements, despite receiving multiple notices from the ROC. The fine reflects the seriousness of the non-compliance and the need for stringent adherence to corporate governance norms.