, NCLT order on compounding and annual accounts ~ CS GAURAV SHARMA

March 19, 2017

NCLT order on compounding and annual accounts

Company held only one Board meeting for adoption of annual accounts during each of financial years 2005-06 to 2010-11. In the same meeting Directors' Report and Auditors' Report were considered. NCLT compounded the offence on payment of fine of Rs.3.75 lacs










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