RoC terms non-filing of annual returns and financials as a serious offence
Background and Order: The Registrar of Companies, Coimbatore (“RoC”), by way of its order dated November 5, 2024, in the matter of XIE Futec Automation Private Limited (“Company”), has held that the non-filing of annual returns and annual financial statements by the Company with the RoC is an offence of serious nature since the ramifications …
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