MCA slams Samsung with Rs. 11.67 Lakh Penalty for non-filing of MSME-1
The Registrar of Companies (RoC) at the Ministry of Corporate Affairs (MCA) has imposed a penalty on Rs. 11.67 Lakhs on Samsung’s Research and Development Wing – India Bangalore for non-filing of Form MSME-1. The company had voluntarily submitted an adjudication application on 25.08.2023, acknowledging that it failed to provide complete disclosures of specific transactions…
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