Part A | Company Law

8. In the Matter of Vaishali Proficient Nidhi Limited

Registrar of Companies, Bihar

Adjudication Order: ROC/PAT/ Sec 158 / 013895/ 200 to 208

Date of Order: 30^th May, 2025

Adjudication order for violation of section 158 of the Companies Act 2013 (CA 2013):

FACTS

•  It was observed from the financial statements (filed for financial year ended 31st March, 2015 to 31st March, 2019) that they did not consist of Director’s Identification Number (DIN) in the annexure attached to the e- forms thereby leading to the violation of Section 158 of CA 2013.
•  Notices were issued to the company seeking details as well explanation.
•  In response, directors appeared in person but did not make any submissions.
•  Hence, it was concluded that provisions of Section 158 of CA 2013 have been contravened by the company and its directors and therefore they are liable for penalty under section 172 of CA 2013.