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September 2025

Company Law

By Pramod Prabhudesai, Chartered Accountant | Kaushik M. Jhaveri, Company Secretary
Reading Time 5 mins

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

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