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ROC Penalizes Company for Incorrect AGM Date in AOC-4 XBRL Filing

TaxGuru
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Summary

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  • The Registrar of Companies, Kolkata, has imposed penalties under Section 454 of the Companies Act, 2013, for filing an incorrect AGM date in Form AOC-4 XBRL.
  • Hindusthan Tea & Trading Co Ltd admitted to stating the AGM was on 31.12.2020 instead of the correct date of 20.11.2020, leading to a ₹10,000 penalty for both the company and its certifying director Dharmesh Mehta.
  • The ROC emphasized that statutory e-forms are public records and accuracy is crucial for stakeholders relying on them.
  • This ruling underscores the importance of compliance in corporate filings and the potential liabilities for inaccuracies in official documents.

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