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Failure to File Annual Return Leads to ₹1.86 Lakh Penalty Under Companies Act
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Failure to File Annual Return Leads to ₹1.86 Lakh Penalty Under Companies Act

May 23, 2026

ROC Patna has imposed a ₹1.86 lakh penalty on a company and its managing director for failing to file annual returns under Sections 92(4) and 92(5) of the Companies Act, emphasizing compliance obligations.

Penalty Imposed for Annual Return Non-Compliance

ROC Patna has issued a ₹1.86 lakh penalty against a company and its managing director for failing to submit annual returns as mandated by Sections 92(4) and 92(5) of the Companies Act, 2013.

The ruling underscores the stringent nature of compliance obligations and the potential financial penalties for lapses in statutory reporting.

This case serves as a critical reminder for legal professionals to ensure their clients understand the importance of timely submissions to avoid penalties that arise from non-compliance.

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Practice Areas:corporate

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