PAS-3 Filing Error Penalty: Rs. 20000 for violation of Companies (Prospectus and Allotment of Securities) Rules, 2014 by ROC Chennai
ROC Chennai imposed a Rs. 20,000 penalty on Sri Muthu Malai Benefit Fund Limited and its officers for failing to disclose allottee occupation details in PAS-3, violating Rule 12(2) of the Companies (Prospectus and Allotment of Securities) Rules, 2014.