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    Compounding under Section 165(6) of CA 2013

    Posted By : CS Shiriti / Published on : 07-Nov-2019 06:53 AM / View : 281 / Comment : 0

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    Dear Professionals,

    A director received Summons from Magistrate Court on the complaint from ROC that the director had exceeded the limit of 20 companies as on 1st April, 2015 while he had already resigned from 5 companies after 65 days delay from 1st Aprol, 2015

    Is it necessary to file Form No. GNL-1 when the director has to file petition before Regional Director for compounding the offence under section 165(6) of CA.
    Read more on : section under compounding

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