普杜切里公司注册处因私营公司延迟任命全职公司秘书而处以 150 万卢比罚款

Held by Office of the Registrar of Companies, Puducherry

In the matter of M/s Siva Valli Vilas Jewellers Private Limited

M/s Siva Valli Vilas Jewellers Private Limited (“The Company”) is having registered office in the state of Pondicherry. The Company was having paid up share capital of INR 20.42 crores. The Company appointed a whole time Company secretary in practice on 4th January, 2021 and he moved out of the company with effect from 1st April, 2021. As per provisions of Section 203(4) of Companies Act read with Rule 8A of Companies (Appointment and Remuneration of Managerial Personnel) Rules. 2014, the company was required to appoint the whole-time company secretary on or before 2nd October, 2021, i.e., six months from the date of resignation. However, The company appointed the new company secretary with effect from 1st Feb, 2024. Accordingly, The Board of directors of the company failed to fill up the vacancy for the period of 03.10.2021 to 31.01.2024, causing a delay of 851 days.

RoC imposed a penalty of INR 15,00,000/- on the Company and directors in default under Section 203(5) of Companies Act, 2013 for such non-compliance.

1. 案情简介

• M/s Siva Valli Vilas Jewellers Private Limited (“The Company”) is having registered office in the state of Pondicherry.
• The Company was having paid up share capital of INR 20.42 crores.
• The Company appointed a whole time Company secretary in practice on 4th January, 2021 as required under Section 203(4) of Companies Act, 2013 read with Rule 8A of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.
• The Company secretary moved out of the Company with effect from 1st April, 2021.
• As per provisions of Companies Act, the Company was required to appoint the whole-time company secretary on or before 2nd October, 2021, i.e., six months from the date of resignation.
• The company appointed a new company secretary with effect from 1st Feb, 2024.
• The Board of directors of the company failed to fill up the vacancy for the period of 03.10.2021 to 31.01.2024, causing a delay of 851 days.
• Accordingly, the company violated the provisions of Section 203(4) of Companies Act, 2013 read with Rule 8A of Companies Rules.
• Accordingly, Registrar of Companies issued show cause notice to the company and its directors for violation of provisions of Companies Act.

2. 相关法律摘录

Relevant extract of the Company law is reiterated below for ready reference:

a. Section 203 of Companies Act is reiterated below:

“203. Appointment of Key Managerial Personnel

..

(4) If the office of any whole-time key managerial personnel is vacated, the resulting vacancy shall be filled-up by the Board at a meeting of the Board within a period of six months from the date of such vacancy.

(5)If any company makes any default in complying with the provisions of this section, such company shall be liable to a penalty of five lakh rupees and every director and key managerial personnel of the company who is in default shall be liable to a penalty of fifty thousand rupees and where the default is a continuing one, with a further penalty of one thousand rupees for each day after the first during which such default continues but not exceeding five lakh rupees.”

B. Rule 8A of Companies (Appointment and Remuneration of Managerial Personnel) Rules. 2014

“8A Appointment of Company Secretaries in Companies Not Covered Under Rule 8

Every private company which has a paid up share capital of ten crore rupees or more shall have a whole -time company secretary.”

3. Contention of the Company

The Company contended that:

• Whole-time company secretary could not be appointed due to non-availability of Company secretary in small geographical area for private limited company.
• However, the company accepted the default for jurisdiction.

4. Order

The Registrar of Company held that:

• As per Section 203(5) of Companies Act, 2013, if any company makes any default in complying with the provisions of Section 203 then following amount of penalty shall be levied:
  • On Company: INR 5,00,000/-
  • Every Director and key managerial personnel in default:
    • INR 50,000/- each
    • In case of continuing default: Further penalty of INR 1,000/- for each day during which default continues but not exceeding INR 5,00,000

• Accordingly, following penalty is imposed:

Violation under Companies Act, 2013Person on whom penalty is imposedNo. of days for which default continues(03.10.2021 to 31.01.2024)Total Default AmountMaximum PenaltyPenalty ImposedSection 203(5) of Companies ActCompany851500000-500000Managing Director85150000+851000(851*100)=951000500000500000Other Director in Default85150000+851000(851*100)=951000500000500000Total1500000

• 公司及董事须在收到裁定书之日起 90 日内缴纳上述罚款。
• 如对裁定不服，可在收到裁定书之日起 60 日内向公司事务部（MCA）区域总监（SR）提出上诉。

5. 未缴纳罚款的后果

根据《2013年公司法》第454(8)条，若未遵守规定，将产生以下后果：

1. 若公司未能在 90 日内遵守裁定，将被处以最低 25,000 卢比、最高 500,000 卢比的罚款。
2. 若任何高级职员或其他相关人员未能在收到裁定书之日起 90 日内遵守规定，该职员将面临最高 6 个月的监禁，或处以最低 25,000 卢比、最高 100,000 卢比的罚款，或两者并罚。