El RoC impuso una sanción a la empresa y a sus directores debido a que el auditor de la compañía no asistió a la Junta General Anual.

M/s SEN HON LEE TECHNOLOGIES PRIVATE LIMITED is a company registered under companies Act, 2013 and having its registered office at Greater Noida, UP. During an inquiry u/s 206(4) of the Companies Act, 2013, it was found was the AGM of the company held on 31st December, 2020 and 30th November, 2021 were not attended by the Auditor of the Company. Therefore, the company and its directors have failed to comply with provisions of Section 118(10) and Section 146 of the Companies Act, 2013 and therefore, are liable for penal provisions.

Therefore, in accordance with provisions of Section 118(11) of the Companies Act, the RoC imposed a penalty of INR 25,000/- on the Company and INR 5000/- on each of the directors of the company.

1. Brief Facts of the Case:

• M/s SEN HON LEE TECHNOLOGIES PRIVATE LIMITED (“The Company”), having registered office at Greater Noida, UP, is registered under Companies Act with CIN U25209UP2019PTC117599.

• The Directorate vide its letter no. Inq./Guard/2021/10971 dated 17.12.2021 and Ministry letter no. F.No. CL-II-08/131/2021-DGCoA-MCA dated 13.12.2021 directed to conduct the inquiry u/s. 206(4) of the Companies Act, 2013, against the said company. 

• On examining it was found that the Annual General Meeting (AGM) dated 31.12.2020 and 30.11.2021 has not been attended by the auditor of the Company. 

• Hence, the company and its directors have failed to comply with provisions of Section 118(10) and Section 146 of the Companies Act, 2013 and therefore, are liable for penal provisions.

• This office issued Show Cause Notice on 24.06.2025 to the company and its officer-in-default as the auditor failed to attend the as per the requirement of Section 146 which is contrary to the provisions of Section 118(10) of the Companies Act, 2013 read with point no. 4.2 of Secretarial Standard-2 which mandates that the auditor should attend the AGM. 

• However, no response is received from the Company or officers in default. 

• In the said circumstances, penalty as applicable as mentioned below is being imposed upon the company as well as its officer-in default as per Section 118 (11) of the Companies Act, 2013.

2. Relevant Legal Extract:

Relevant provisions of the Companies Act are reiterated below for ready reference:

• Section 146 of the Companies Act, 2013:

“146. Auditors to attend general meeting

All notices of, and other communications relating to, any general meeting shall be forwarded to the auditor of the company, and the auditor shall, unless otherwise exempted by the company, attend either by himself or through his authorised representative, who shall also be qualified to be an auditor, any general meeting and shall have right to be heard at such meeting on any part of the business which concerns him as the auditor.”

• Section 118(10) & (11) of the Companies Act, 2013:

“118. Minutes of Proceedings of General Meeting, Meeting of Board of Directors and Other Meeting and Resolutions Passed by Postal Ballot:

…

(10) Every company shall observe secretarial standards with respect to general and Board meetings specified by the Institute of Company Secretaries of India constituted under section 3 of the Company Secretaries Act, 1980 (56 of 1980), and approved as such by the Central Government.

(11) If any default is made in complying with the provisions of this section in respect of any meeting, the company shall be liable to a penalty of twenty-five thousand rupees and every officer of the company who is in default shall be liable to a penalty of five thousand rupees.

…”

• Point No. 4.2 of Secretarial Standard 2:

“4.2 Auditors The Auditors, unless exempted by the company, shall, either by themselves or through their authorised representative, attend the General Meetings of the company and shall have the right to be heard at such Meetings on that part of the business which concerns them as Auditors. 

The authorised representative who attends the General Meeting of the company shall also be qualified to be an Auditor.”

3. Orden:

• El aviso de requerimiento de explicaciones (Show Cause Notice) se emitió a la empresa y a su funcionario responsable el 24 de junio de 2025, debido a que el auditor no asistió a la Junta General Anual (AGM) el 31.12.2020 y el 30.11.2021, conforme a lo requerido por la Sección 146, lo cual contraviene las disposiciones de la Sección 118 (10) de la Ley de Sociedades de 2013.

• Han transcurrido más de 15 días desde la fecha de emisión del aviso de requerimiento de explicaciones y, hasta la fecha, no se ha recibido respuesta alguna. La empresa y su funcionario responsable tampoco han solicitado una audiencia.

• Dadas las circunstancias, se impone la sanción correspondiente, según se detalla a continuación, tanto a la empresa como a su funcionario responsable, de acuerdo con la Sección 118 (11) de la Ley de Sociedades de 2013.

4. Sanción impuesta:

Por lo tanto, se impone la siguiente sanción a la empresa y a sus funcionarios responsables en virtud de la sección 118(11) de la Ley de Sociedades de 2013:

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5. Conclusión

Las regulaciones relativas al derecho corporativo son cada vez más estrictas, y el Registro de Sociedades (RoC) está imponiendo sanciones significativas a las empresas y a sus funcionarios por negligencia en el cumplimiento de las disposiciones de la Ley de Sociedades. Como resultado, es imperativo que toda empresa asegure el cumplimiento debido de todas las disposiciones de dicha ley. Con la mayor complejidad de los formularios y la era de la automatización, al RoC le resulta muy sencillo identificar a aquellas empresas que han incumplido cualquiera de las disposiciones de la Ley de Sociedades.

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