Legal24 Mar 2026, 10:51 pm
Olympic Cards Ltd Seeks Waiver of Fines Totaling Rs. 2,46,320 Due to COVID-19 Pandemic and Other Reasons
AI Summary
Olympic Cards Ltd has requested the waiver of fines totaling Rs. 2,46,320, which were imposed due to non-compliance with various regulations. The company argues that the non-compliance was due to the COVID-19 pandemic, prolonged illness of the Company Secretary, and inadvertent omissions by sub-staff. The company has provided detailed reasons for the waiver and has filed waiver petitions.
Key Highlights
- Olympic Cards Ltd seeks waiver of fines totaling Rs. 2,46,320.
- The fines were imposed due to non-compliance with various regulations.
- The company argues that the non-compliance was due to the COVID-19 pandemic, prolonged illness of the Company Secretary, and inadvertent omissions by sub-staff.
- The company has provided detailed reasons for the waiver and has filed waiver petitions.
Price Impact
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