Non-Fling of PAS-3: MCA imposes Rs. 4 lakhs penalty on Company and Directors [Read Order]

During the inquiry, it was found that the company had filed MGT-7 for FY 2016, 2017, and 2018 but failed to file PAS-3 after allotting securities

By Saagarika Gopinath - On April 10, 2025 2:35 pm - 2 mins read

Non-filing - Non-filing of PAS-3 - MCA - penalty - penalty on Company and Directors - taxscan

In the adjudication passed by the Ministry of Corporate Affairs (MCA) Registrar of Companies, a penalty of Rs. 4 lakhs was imposed on a company and its directors for non-filing of PSA-3. The company, Shri Ram Nidhi Limited, was registered under the Companies Act, 2013, on 27-10-2015, and its authorised capital is Rs. 50 lakhs….

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