Category: News

Jan 11

MCA Imposes Penalty: Violation of MOA Objects – Companies Act Section 10(1)

Introduction: In a recent development, the Ministry of Corporate Affairs (MCA) has imposed penalties on Fine Gems Export Private Limited and its directors for violations under Section 10(1) of the Companies Act, 2013. The order, dated November 23, 2023, by the Registrar of Companies, cum Official Liquidator, Rajasthan High Court, Jaipur Bench, sheds light on the adjudication […]