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Companies Law - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Fine for non preparation & filing of Cost Audit Report in time - ...


Directors' Penalty Reduced in Cost Audit Report Case u/s 233B(11) of Companies Act; Highlights Fine Disparity.

August 16, 2019

Case Laws     Companies Law     AT

Fine for non preparation & filing of Cost Audit Report in time - prosecution u/s 233B(11) of the Companies Act - the Company and the Directors have not been treated equally - reduced penalty from 2 lakhs to 40 thousands on director

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