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Agm : compounding of offences


YASH MEHTA (article)     12 June 2013

YASH MEHTA
article 
 114 points

| My Other Post

Dear Sir/ Mam,

The  client company's due date was 30/9/2012 for holding AGM which has elapsed. For this, it has not pre intimated ROC. Therefore, it has commited an offence under Sec 166. 

Now pls tell me the next proceedings...?

How to apply for compounding of offences incase of non closure of books of accounts to CLB?

 

Pls reply...

 

Thanks in advance.

 

Regards,

Yash Mehta


(Guest)

First of all file all the required forms like 20B, 23AC &ACA , 66 then u can ask for voluntary compounding.

Secondly if u hv not place the accounts in the AGM then the violation of related sections can also be raised...

 

1 Like
avater

YASH MEHTA (article)     12 June 2013

YASH MEHTA
article 
 114 points

View Profile | My Other Post

Thanks for the reply.

But in this case, AGM has not been held yet..!

So whether compounding of offence procedure under 621 A is applicable oe what?

avater

P C Agrawal (Retired as VP (Corporate) & Co. Secretary of Aurangabad Electricals Ltd in 2019)     16 June 2013

P C Agrawal
Retired as VP (Corporate) & Co. Secretary of Aurangabad Electricals Ltd in 2019 
 825 likes  8086 points

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Hold the AGM now and file all documents (annual return, Balance Sheet, etc. etc.) and then file application for compounding of offence u/s 621A.

 

 

 


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