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Company Compliance Penalties
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where in the companies act is it mentioned
The requirement for a company to display its name and address of the registered office outside every office is mentioned in Section * of the Companies Act, *. Specifically, the penalty for non-compliance is outlined in Section *(*).
Would you like more details on this provision?
Would you like more details on this provision?
what is the penalty for not providing company's basic contact details (as mentioned in the column “Requirements”) on Company’s letterhead, billheads, envelope (if any), email id and all other correspondence (“Business Communications”)
Under the Companies Act, *, failure to include the company's basic contact details on business communications can attract penalties. Please confirm if you would like details on specific sections or related penalties in the Companies Act, *.
yes
Under the Companies Act, *, the requirements for displaying the company's details on business communications are mentioned in Section *(*)(c). Penalties for non-compliance can be imposed under Section *(*).
Would you like more details on the specific penalties for this non-compliance?
Would you like more details on the specific penalties for this non-compliance?
what is the penalty for not procuring rubber stamps (round stamp and rectangle)*.
It seems you are asking about the legal requirements for rubber stamps under the Companies Act, *. There is no specific penalty in the Companies Act, * for not procuring rubber stamps (round stamp and rectangle). However, rubber stamps are often used for practical purposes such as document authentication and company identification.
Is there anything else you would like to know regarding business compliance under the Companies Act, *?
Is there anything else you would like to know regarding business compliance under the Companies Act, *?
what is the penalty for not procuring rubber stamps (round stamp and rectangle) , here Rubber stamps means a stamp made of wood or a plastic material which is used to print Medallia’s name, authorised signatory, etc. on a document. The rubber stamp will have below details:
Medallia’s name.
“Authorised Signatory”.
“Director”.
There is no specific penalty mentioned in the Companies Act, *, for not procuring rubber stamps (round stamp and rectangle). Rubber stamps are typically used for practical purposes such as document authentication and company identification, rather than being a legal requirement.
Is there anything else you would like to know about business compliance under the Companies Act, *?
Is there anything else you would like to know about business compliance under the Companies Act, *?
yes . what is the penalty for
To procure statutory registers
Statutory Register refers to specific records about a company’s shareholders, directors, etc. These records are in addition to the normal accounting records that companies are also meant to keep and are in prescribed formats.
An illustrative list of the statutory registers are as follows:
Register of members;
Register of charges;
Register of shares;
Register of transfers;
Register of significant beneficial owners;
Register of Directors and key managerial personnel and their shareholding;
Register of loans and/ or guarantees provided by the company;
Register of contracts or arrangements in which directors are interested.
These registers are to be maintained at the registered office of the company, unless the shareholders agree to maintain these registers at another location by way of a special resolution.
Please note that these registers can also be maintained electronically.
[BTGA note: We can assist with procuring this on behalf of Medallia.]
Under the Companies Act, *, failure to maintain statutory registers can attract penalties. Specifically:
- For not maintaining statutory registers, the company and every officer in default can be fined.
- Penalties may include fines up to ₹*,*, and in the case of continuing default, a further fine of ₹*,* for each day the default continues.
Would you like more details on the specific sections or penalties?
- For not maintaining statutory registers, the company and every officer in default can be fined.
- Penalties may include fines up to ₹*,*, and in the case of continuing default, a further fine of ₹*,* for each day the default continues.
Would you like more details on the specific sections or penalties?
where under the companies act is the following mentioned
Section References under the Companies Act, *:
- **Requirement to Display Name and Address:**
- **Section *(*)(c):** Companies must display their name and address of the registered office outside every office.
- **Penalty for Non-compliance:** Section *(*).
- **Business Communications:**
- **Requirement to Include Contact Details:** Section *(*)(c).
- **Penalty for Non-compliance:** Section *(*).
- **Statutory Registers:**
- **Requirement to Maintain Statutory Registers:** Various sections outline the need for specific registers.
- **Penalty for Non-compliance:**
- **General Penalty:** Up to ₹*,*.
- **Continuing Default:** ₹*,* per day.
Would you like more details on any particular section or provision?
- **Requirement to Display Name and Address:**
- **Section *(*)(c):** Companies must display their name and address of the registered office outside every office.
- **Penalty for Non-compliance:** Section *(*).
- **Business Communications:**
- **Requirement to Include Contact Details:** Section *(*)(c).
- **Penalty for Non-compliance:** Section *(*).
- **Statutory Registers:**
- **Requirement to Maintain Statutory Registers:** Various sections outline the need for specific registers.
- **Penalty for Non-compliance:**
- **General Penalty:** Up to ₹*,*.
- **Continuing Default:** ₹*,* per day.
Would you like more details on any particular section or provision?
can you tell me where is this specifically mentioned under the companies act , that is under which provision and section Under the Companies Act, *, failure to maintain statutory registers can attract penalties. Specifically:
- For not maintaining statutory registers, the company and every officer in default can be fined.
- Penalties may include fines up to ₹*,*, and in the case of continuing default, a further fine of ₹*,* for each day the default continues.
Would you like more details on the specific sections or penalties
Under the Companies Act, *, failure to maintain statutory registers attracts penalties as per the following sections:
- **Section ***: Requirement to maintain statutory registers.
- **Section ***: Annual return, where register details are included.
- **Section ***: General penalty for non-compliance.
Would you like more details on any specific section or related penalties?
- **Section ***: Requirement to maintain statutory registers.
- **Section ***: Annual return, where register details are included.
- **Section ***: General penalty for non-compliance.
Would you like more details on any specific section or related penalties?
the penalty of non compliance under Communication (such as notice of board and shareholders meeting), in writing by Medallia to its directors and subscribers.
Under the Companies Act, *, failure to comply with communication requirements, such as issuing notices of board and shareholders meetings, can attract penalties. Specifically:
- **Section ***: Notice of meetings.
- **Section ***: Meetings of the Board.
- **Section ***: General penalty for non-compliance.
Would you like more details on any specific section or related penalties?
- **Section ***: Notice of meetings.
- **Section ***: Meetings of the Board.
- **Section ***: General penalty for non-compliance.
Would you like more details on any specific section or related penalties?
what is the penalty for not doing the above
Under the Companies Act, *, failure to comply with communication requirements, such as issuing notices of board and shareholders meetings, can attract penalties. Specifically:
- **Section ***: Notice of meetings.
- **Section ***: Meetings of the Board.
- **Section ***: General penalty for non-compliance, which can include fines up to ₹*,* and in the case of a continuing default, a further fine of ₹*,* for each day the default continues.
Would you like more details on any specific section or related penalties?
- **Section ***: Notice of meetings.
- **Section ***: Meetings of the Board.
- **Section ***: General penalty for non-compliance, which can include fines up to ₹*,* and in the case of a continuing default, a further fine of ₹*,* for each day the default continues.
Would you like more details on any specific section or related penalties?
yes
Under the Companies Act, *, the penalties for non-compliance with communication requirements, such as issuing notices for board and shareholders' meetings, are as follows:
- **Section ***: Notice of meetings.
- **Section ***: Meetings of the Board.
- **Section ***: General penalty for non-compliance, which can include fines up to ₹*,* and in the case of a continuing default, a further fine of ₹*,* for each day the default continues.
Would you like more details on any specific section or related penalties?
- **Section ***: Notice of meetings.
- **Section ***: Meetings of the Board.
- **Section ***: General penalty for non-compliance, which can include fines up to ₹*,* and in the case of a continuing default, a further fine of ₹*,* for each day the default continues.
Would you like more details on any specific section or related penalties?
penalty of non compliance of
Authentication of documents
The board of directors of Medallia, shall by passing board resolution authorise any director or employee or consultant or any person to sign documents on behalf of Medallia. The board resolutions through which such authorisations have been granted have to be maintained that the registered office of Medallia. If possible, Medallia may also keep copies of the authorisations as part of its record.
[BTGA note: Please note, that under the Indian Companies Act, *, there are certain documents which need to be signed by minimum of * (two) directors of Medallia (for instance, financial statements, board’s report, etc.), who shall also be authorised by passing board resolution.]
Under the Companies Act, *, failure to comply with the authentication of documents can attract penalties. Specifically:
- **Section ***: Financial statements, including board reports, need to be signed by at least * directors.
- **Section ***: General penalty for non-compliance, which can include fines up to ₹*,* and in the case of a continuing default, a further fine of ₹*,* for each day the default continues.
Would you like more details on any specific section or related penalties?
- **Section ***: Financial statements, including board reports, need to be signed by at least * directors.
- **Section ***: General penalty for non-compliance, which can include fines up to ₹*,* and in the case of a continuing default, a further fine of ₹*,* for each day the default continues.
Would you like more details on any specific section or related penalties?
penalty of non compliance of Authentication of documents under companies act
Under the Companies Act, *, non-compliance with the authentication of documents can attract penalties. Specifically:
- **Section ***: Financial statements, including board reports, must be signed by at least * directors.
- **Section ***: General penalty for non-compliance, which can include fines up to ₹*,* and, for continuing default, a further fine of ₹*,* per day.
Would you like more details on any specific section or related penalties?
- **Section ***: Financial statements, including board reports, must be signed by at least * directors.
- **Section ***: General penalty for non-compliance, which can include fines up to ₹*,* and, for continuing default, a further fine of ₹*,* per day.
Would you like more details on any specific section or related penalties?
where under section * does it say that Financial statements, including board reports, must be signed by at least * directors. under companies acr
Hello! Under Section * of the Companies Act, *, the requirement for financial statements, including board reports, to be signed by at least * directors is mentioned in **Section *(*)**.
Would you like more details on this provision?
Would you like more details on this provision?
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