Legal30 Dec 2025, 06:02 pm
Ceenik Exports India Ltd. Receives Final Order from MCA on Statutory Auditor Appointment Non-Compliance
AI Summary
Ceenik Exports India Ltd. has received a final order from the Office of the Regional Director, Western Region, Ministry of Corporate Affairs (MCA) under Section 441 of the Companies Act, 2013. The order is in regard to the compounding of default under Section 139 of the Companies Act, 2013, pertaining to non-compliance relating to the appointment/ratification of Statutory Auditors during the Financial Years 2015-16 to 2017-18. The Company and its officers in default have made the payment of a penalty amount as levied for the total aggregate amount of Rs. 4,25,000/-.
Key Highlights
- Ceenik Exports India Ltd. has received a final order from the Office of the Regional Director, Western Region, MCA.
- The order is in regard to the compounding of default under Section 139 of the Companies Act, 2013.
- The non-compliance pertains to the appointment/ratification of Statutory Auditors during the Financial Years 2015-16 to 2017-18.
- The Company and its officers in default have made the payment of a penalty amount as levied for the total aggregate amount of Rs. 4,25,000/-.
Price Impact
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