12. In the Matter of
STANLEY LIFESTYLES LIMITED
Before the Regional Director, South East Region
Appeal Order No. F. No:9/28/ADJ/SEC.118(10) of 2013/ROC(B)/RD(SER)/2025
Date of Order: 1st August 2025
Appeal under Section 454(5) of the Companies Act 2013 (CA 2013) against order passed for offences committed under Section 118(10) of CA 2013
FACTS
This is an appeal filed under section 454(5) of the Companies Act, 2013 by the above appellants against the adjudication order dated 25th March 2025 under section 454 read with section 118(10) of the Companies Act, 2013 passed by the Registrar of Companies, Bangalore for defaults in compliance with the requirements of Section 118(10) of CA 2013.
Registrar of Companies (ROC) in his order of adjudication had stated that the company and its directors are liable to penalty as prescribed u/s 118(11) of CA 2013 for violation of Section 118(10) of CA 2013. ROC had alleged that company had not disclosed the date of Board Meetings in the Directors’ Report relating to 2018-19, 2019-20