PTC India Financial Services Limited — Others, 13-08-2025: Action(s) taken or orders passed
13-08-2025 | 04:19 pm
13-08-2025 | 04:19 pm
PTC India Financial Services' appeals against compliance penalties from the Registrar of Companies for financial year 2021-22 have been dismissed by the Regional Director. This means the company is liable for the original penalties, totaling Rs. 0.064 crore. These penalties were for issues including not facilitating independent directors' legal advice and not maintaining the Nomination and Remuneration Committee's prescribed composition. The company confirms there is no material financial or operational impact beyond this amount, as necessary provisions were already made in their books.
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