ROC Ahmedabad penalises company, directors over preferential allotment lapses | Ahmedabad News
Ahmedabad: Registrar of Companies (ROC), Ahmedabad, has penalised a local company and four of its directors for non-compliance in a preferential allotment, citing violation of Section 42 of the Companies Act, 2013.The case relates to private placement compliance, where companies raising funds from a select group of investors must follow strict timelines and banking controls….
