ROC Kolkata has imposed a ₹3.50 lakh penalty on a company and its directors for delayed filing of CSR-2 under the Companies Act.
ROC Kolkata Imposes Penalty for CSR-2 Filing Delays
The Registrar of Companies (ROC) Kolkata has levied a penalty amounting to ₹3.50 lakh on a company and its directors for failing to file the CSR-2 form for the financial year 2021-22. This action was taken under Rule 12(1B) of the Companies Act, combined with Section 450, which empowers the ROC to impose penalties for compliance failures.
This penalty serves as a reminder of the stringent compliance environment companies must navigate, particularly concerning corporate social responsibility disclosures. The ROC’s vigilance in enforcing these regulations underscores their significance in fostering accountability within corporate entities.
Practitioners must advise clients to prioritize timely filings of relevant forms to avert financial penalties, ensuring adherence to statutory obligations and promoting good corporate governance.
Citations
- ROC Kolkata (2026) ROC Orders
