Section 454 of CA 2013 : Section 454: Adjudication Of Penalties

Explanation using Example

Imagine a scenario where XYZ Pvt. Ltd. failed to file its annual return within the time prescribed under the Companies Act, 2013. The Central Government appoints an adjudicating officer to handle this matter. The officer is tasked with determining whether a penalty should be imposed on the company for this non-compliance.

The adjudicating officer, after conducting a hearing and providing XYZ Pvt. Ltd. with an opportunity to present their case, decides to impose a penalty on the company for la...

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