MCA Imposes Penalty of Rs. 4 Lacs for Non-filing of Form MGT-14 on Startup Company u/s 446B of Companies Act [Read Order]

MCA – Imposes - Penalty – Non – filing - MGT-14 - Startup - Company - Companies – Act - TAXSCAN

The Ministry of Corporate Affairs (MCA) has imposed a penalty of Rs. 4 Lakhs on a small startup company for non filing of the Form MGT – 14 through vide order issued on 18th May 2023 under Section 446B of Companies Act, 2013. The Company M/s Konwerts India Motors Private Limited of CIN: U31909TZ2019PTC032612 incorporated…

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