SOURCE OF INFORMATION : MINISTRY OF CORPORATE AFFAIRS, REGISTRARS OF COMPANIES - LIST OF FINAL COURT ORDERS PASSED
PERIOD COVERED : 27-JAN-2001 TO 04-SEP-2015

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

PERSONS: DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

S.No.

PERSON

ENTITY

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

A.K.BALAN

MALABAR ORGANICS LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.1000 EACH(ST.78/2000)

08-NOV-2000

A.M.GOPALAN

MALABAR ORGANICS LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.1000 EACH(ST.78/2000)

08-NOV-2000

A.MAHESWARI

BHARAT EXPORT LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.3000

13-SEP-2002

A.VIJAYAN

MALABAR ORGANICS LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.1000 EACH(ST.78/2000)

08-NOV-2000

ABRAHAM J.THARAKAN

INNOVATIVE MARINE FOODS LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.1500 EACH(ST.176/2000)

05-FEB-2003

ACCAMMA EAPEN

SAVINGS TRUST LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.900 EACH(ST.85/2002)

13-SEP-2002

ALOK MAHESWARI

BHARAT EXPORT LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.3000

13-SEP-2002

ANNIE MATHEW

KAYS TRADE LINK LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.950 EACH(ST.830/2001)

03-MAY-2002

AVTAR SINGH MAVI

PGF LTD.

DEFAULTED IN KEEPING BOOKS OF ACCOUNT BY THE COMPANY (SECTION 209)

DID NOT MAINTAIN BOOKS OF ACCOUNTS ON ACCRUAL BASIS AND ACCORDING TO DOUBLE ENTRY SYSTEM OF ACCOUNTING (SECTION 209(3)(B))

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

DID NOT PROVIDE FULLEST EXPLANATIONS AND INFORMATION UPON ANY QUALIFICATIONS GIVEN BY AUDITORS IN BOARD'S REPORT (SECTION 217(3))

PROSECUTION UNDER SECTION 209(5) & SECTION 209(7) & SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.10000

16-SEP-2004

BAHULAYAN

SANTHIGIRI PHARMA CARE LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.950 EACH(ST.127/2002)

07-OCT-2002

BALBIR SINGH

PGF LTD.

PROSECUTION UNDER SECTION 209(5) & SECTION 209(7) & SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.10000

16-SEP-2004

BHARATBHAI PANELIA

POONAM RASAYAN LTD.

DEFAULTED IN FORM & CONTENTS OF BALANCE SHEET AND PROFIT & LOSS ACCOUNT (SECTION 211)

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 211(7) & SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.7900

14-JUN-2011

D.N.GUPTA

KHAITAN OVERSEAS & FINANCE LTD.

IMPROPER AUTHENTICATION OF BALANCE SHEET AND PROFIT & LOSS ACCOUNT (SECTION 215 (1))

IMPROPER ISSUE, CIRCULATION OR PUBLICATION OF BALANCE SHEET OR PROFIT & LOSS ACCOUNT (SECTION 218)

CLOSURE OF REGISTER OF MEMBERS OR DEBENTUREHOLDERS OTHERWISE THAN IN COMPLIANCE WITH THE PROVISIONS OF (SECTION 154(1)

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

DID NOT PRODUCE FOR INSPECTION BOOKS AND PAPERS, FURNISH INFORMATION OR EXPLANATIONS AND PROVIDE ASSISTANCE (SECTION 209A)

PROSECUTION UNDER SECTION 629A OF COMPANIES ACT: FINE OF UPTO RS. 5, 000 ON THE COMPANY AND EVERY OFFICER OF THE COMPANY WHO IS IN DEFAULT AND FURTHER FINE OF UPTO RS. 500 PER DAY FOR EVERY DAY DURING WHICH THE DEFAULT CONTINUES

PROSECUTION UNDER SECTION 218 OF COMPANIES ACT: FINE UPTO RS. 5, 000 ON THE COMPANY AND EVERY OFFICER OF THE COMPANY WHO IS IN DEFAULT

PROSECUTION UNDER SECTION 154(2) OF COMPANIES ACT: FINE UPTO RS. 5, 000 ON THE COMPANY AND EVERY OFFICER WHO IS IN DEFAULT FOR EVERY DAY DURING WHICH THE DEFAULT CONTINUES

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: IMPRISONMENT OF EVERY CONCERNED PERSON UPTO 6 MONTHS OR FINE OF UPTO RS.20, 000 OR BOTH

PROSECUTION UNDER SECTION 209A(8) OF COMPANIES ACT: IMPRISONMENT OF EVERY CONCERNED PERSON UPTO 1 YEAR AND FINE NOT LESS THAN RS.50, 000

03-JUN-2004

DILIP M.BANG

NADI FINANCE & INVESTMENT PVT.LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: NO PENALTY IMPOSED

23-AUG-2005

FINAL ORDER PASSED ON 12.05.2005 AS MATTER IS COMPOUNDED

DIRECTOR

NEW GLOBALSTAR HOTELS & RESORTS LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.500

13-JAN-2006

DIRECTORS

AHMED NAGAR CLUB LTD.

DEFAULTED IN PUBLICATION OF NAME BY THE COMPANY (SECTION 147(1))

DID NOT ADHERE TO PROVISIONS REGARDING CERTIFICATE TO BE ANNEXED WITH ANNUAL RETURN (SECTION 161)

NON-FILING OF THE RETURNS OF DIRECTORS, MANAGING DIRECTORS, MANAGERS AND SECRETARIES WITH THE REGISTRAR (SECTION 303(2))

DEFAULTED IN APPOINTMENT OF DIRECTORS AND PROPORTION OF THOSE WHO ARE TO RETIRE BY ROTATION (SECTION 255)

DID NOT FILE ANNUAL RETURN WITH REGISTRAR WITHIN PRESCRIBED TIME LIMIT BY COMPANY NOT HAVING SHARE CAPITAL (SECTION 160)

DID NOT CALL AND HOLD ANNUAL GENERAL MEETING IN MANNER PROVIDED UNDER SECTION 166(2)

DID NOT KEEP PROPER REGISTER OF MEMBERS (SECTION 150(1))

DEFAULTED IN KEEPING INDEX OF MEMBERS (SECTION 151)

DEFAULTED IN FORM & CONTENTS OF BALANCE SHEET AND PROFIT & LOSS ACCOUNT (SECTION 211)

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

BALANCE SHEET AND PROFIT & LOSS ACCOUNT NOT APPROVED BY BOARD OF DIRECTORS AND/OR SIGNED AS PER PROVISION OF THE COMPANIES ACT (SECTION 215)

IMPROPER ISSUE, CIRCULATION OR PUBLICATION OF BALANCE SHEET OR PROFIT & LOSS ACCOUNT (SECTION 218)

DID NOT PROVIDE FULLEST EXPLANATIONS AND INFORMATION UPON ANY QUALIFICATIONS GIVEN BY AUDITORS IN BOARD'S REPORT (SECTION 217(3))

PROVIDED FALSE STATEMENTS IN RETURNS, REPORT, CERTIFICATE, BALANCE SHEET, PROSPECTUS, STATEMENT ETC. (SECTION 628)

DID NOT ADHERE TO PROVISIONS REGARDING MINUTES OF PROCEEDINGS OF GENERAL MEETINGS, BOARD MEETINGS & OTHER MEETINGS (SECTION 193)

DID NOT MAINTAIN REGISTER OF CONTRACTS, COMPANIES AND FIRMS IN WHICH DIRECTORS ARE INTERESTED (SECTION 301)

PROSECUTION UNDER SECTION 147 & SECTION 162 & SECTION 303(3) & SECTION 168 & SECTION 150(2) & SECTION 151(4) & SECTION 211(8) & SECTION 218 OF COMPANIES ACT: PENALTY IMPOSED RS.184000

18-JUL-2011

ALL ACCUSED CONVICTED

DIRECTORS

PATHEJA BROTHERS FORGINGS & STAMPINGS PVT.LTD.

DID NOT DISTRIBUTE DIVIDENDS WITHIN 30 DAYS (SECTION 207)

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

DID NOT TRANSFER UNPAID DIVIDEND TO UNPAID DIVIDEND ACCOUNT (SECTION 205A)

DEFAULTED IN GIVING DETAILS IN NOTES OR DOCUMENTS ANNEXED TO BALANCE SHEET AND PROFIT & LOSS ACCOUNT (SECTION 211(6))

DID NOT APPOINT WHOLE-TIME SECRETARY (SECTION 383A(1))

BREACHED PRESCRIBED LIMITS ON INVITATION OR ACCEPTANCE OF DEPOSITS IN CONTRAVENTION OF THE RULES (SECTION 58A(6))

PROVIDED LOANS TO DIRECTORS, ETC WITHOUT OBTAINING PRIOR APPROVAL OF THE CENTRAL GOVERNMENT (SECTION 295(1))

PROSECUTION UNDER SECTION 207 & SECTION 205A(8) & SECTION 211(8) & SECTION 217(5) & SECTION 295(4) & SECTION 383A(1A) & SECTION 58A(6) & SECTION 301(4) OF COMPANIES ACT: NO PENALTY IMPOSED

18-SEP-2012

COURT DISPOSED OFF THE MATTER

DIRECTORS

CLASSIC INDIA PVT.LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(6) OF COMPANIES ACT: PENALTY IMPOSED RS.1500

09-JUL-2004

DIYA EAPEN VETTATH

SAVINGS TRUST LTD.

DEFAULTED IN REPORT OF BOARD OF DIRECTORS (SECTION 217)

PROSECUTION UNDER SECTION 217(5) OF COMPANIES ACT: PENALTY IMPOSED RS.900 EACH(ST.85/2002)

13-SEP-2002

E.K.JOSEPH

MALABAR ORGANICS LTD.