,1.: ,.

€1';qT'r3, Sr"i {.?t e. A:ti.lrs

qf ;g;:;1'1i1
.,;{ ilr I ;iitr,rr,.1,i1g

:ri_ 1,79.2i+;:i;J.].;.i r\ j,ir::..: ;;1.,:il] r"i-....1

: .rfr
I .!,,. . "r. .: ,-:i,\. :'i : :.,: : 4'_:.i:.. : t".
i'.r.;1

Nf]. noc-cl/?*tI ANI) [N?'HltN;lT'tO

I ssEEDfssr
,d:

AtlitJIltcA IEFjG C
UO 024
GtriARA'r" D
C}RI}EIi FGR OF SECTION 13 E.'I 13i10i oF
Ci}NiPANiIES

"['
& l\iitFi !-) !N l'.H **.4

SZG| t*tj9t] r.c{}

ovf *7
57251
lr.lr-<rr.a:?
t'K!'--\t1l\ t: a
1..i1.r,..
l.' - t -
I ed0
!ti;lf:e.ii i;11.i
.) P'ts- Rup;r

3. Mr. Vijay S. A{fairs

rlqli tl contents not vErified

Ccmpany/ l/Authorizec
i!]CSJ Auth Com.o an;,lri {} fi,ice rs

{:,{ tar
4i A)17 )
r1=flu.lt u
I trtt,'of rrr rli iirr, r\rtiir.1r'( r.rrrrirr

'i i't'i -> i

cf Penalt Rulcs, Z*1,4 {Noti{i r ,..:

ad ii rdoino dtt
^i+i-...
ti-\ ..^,i,.-
!!!tlrts.l rL..
r !lr"

Comfrn,t':
I
.r.
t A^
! !.it-;
,i.,.."-.-i

;t t'gqti<1!;r1-4,1,, par{/ under th}j rtic (11 i-.trrrr lr;t rr ir,.:

*'-^^^t-""'^-''^*-' ;ir'l

iter ; eie:r, t:d t as " /\cl") in tire St.ate

A I lt i of f;tilANA D CI} TEX PRII,,,'A'I"E r'r. !'r l. ,"^-l

KVLI i\U. IZ3 / 1266, JAs tlAt-i -A"ilK0'I L,

l,tgr<an A.t'| 1^!nt r .t/

i.i\i!!ii\i i !:\tlrttl ah is
IASD 1 ttrLrr!r, -.','

I tt I I h Fin,rnlirri rrnri r.,hr,.

?1 ii? as av:r-ila,ble on N{CAZ1 i ,.'

 iilliit'i- l:,r'i iirli: ii rii ii:i:

undei' arty cliirer- special

CB?11p3!-r],:i

applirahle tr,i i.l;e trnipany

t'{rrlraries,i?

Fae L abcut of ttre ease

ing of pcu nd jng appi icat.ion of ficers filed in ffiis

Section a.4t{3) ) of the Con:panles Ac lfence cclrnrnitted
und 13{9j *i tlze panies Act, ?013, it t panel pro+,is{ons
u/s ,7rt hnrl rimin0Jized front fine w.e.f. 21.12.2fi20.
this offi-ee has thesr: fa.cts to th irector, NWR nnd
,aiso +i.,-. -.
g
{crnilr+ u:rii i r: e.ppi ic irectorate ai
rr.'ith f:af:rf ft J: *5-{}? .Z{}Z 4'r}ur"suant 1{3}{a.} of the
;'il I -l i ho of tlris a{t'.re rei-lort is

t\^{* provisions n 1"3i9j oj the 7s been recl<atned

from. 30"09.2A18 fis 0. L2.2 A2 A dn3i Ltc-fore afsection aSF af

fito Act, ZA,,i3 ns panei provisions uys 4 i decriminatlzed
l

jront ,ISH
,1ot1fi I f t, ingly, the u)*lpany DHIRA]LAL
l

1\Hr r!,. !< ' rt ttt aJ, t ., I x/tt tt\t\ lr L ll

far {he
noftatlt-ro ,,htloP-
,!t.Jt-, rr fnr thp
frr, ^ , * rn jt, t f )t, )

'|t o.f S'erribn the ppriod

.r/i.,,t
I a tt/
f a-li^,t-t't'i f"4 i:'!'- l ,7

besr,
i 4ft1 ,t tft1.)
25.04.2024), the binrllrr dirort tho

for viulutiolt of
-ta t /, .\at
of the Act the def*ult during

e comnanv
1J filed phrl.srcal appli f,n
.u /.tut+4F,4.
u 6]r

+) .^.i il..-. i'.^.*' ies Act, 2013 ciiing n 13{9J 0f

-lt"i1? i* rLic
I fr< ff]
^n
llXll / .tllt'.L aJso submi
orlin ni, $cn ir CNL- vide SRli trq667?-33-1 024 under thp
in the matter. e cst.I]pally submitted appl for
rrulLr(trr of an offence/a lation af Scciitin 13{9} ries Act,2,B1 for

Page 2 oi 9
 l-i'ir r*l;iiit i il:iii iliii iitr_, ' ,. i
'.:i'aiic;-i ci l;i iects
-i 4
i-ii ,i.s:51'i'i.ii ii.:,;: i;i i,:,. .:
:
ihe i-i<lgisii- ^d
,L, i

requjred by ion 13[9] of rhe Act '1

I

cfthe y vrhich tnter.-aiia

{;7
lrl had. in its nnual Gerierci! Ivleeti I no
Sei';teii;ber -l7-'
ipedal Resokt under Se$ion iS ta r;bier:i:: cllu: bv
otlc ttiure abi, dause {rs L}bjer:t Nc. Ill

jgl.'i:i,,i.rr, :;.r..ii
-,-..,!
, it ti.!
i'. t'; ',t.1" ,; :,i .; i!
li r'i:':;i it:t..,,,,,
jii;"",. ir.,.
.,|
,: ...t:t:).l
,
.. ., ,,.-i
"r! il li;"i li,r,l,i i '{ li"i

i, t',,,i r: :r-, i i t 1:; 1.'.1 r

t1
Special R passed orl 30th Sept shareholders in
i-!-rf!! r
,w.&s trris-seri ir-, ire filed for::r M{lT'-14 in
the F.-e11tst;a,r {rlr:rpanies as requi 13{9J of the

'i'he
then subsi when this sprrr:ial i irrn ri 1L'

liei'a.tic,r-r +f oi: Clause on :jftjr Se fn filo the

e office of the egistl'ai- of iliiinpanie^s G bed fr 'flll

r tJre reqilj i ti ^>rx.iil;i; i.iii'il
rehDlfr.f,,3 na. already passe{l the far a. D{,

it is novr tc coil1ll1ei'ice the

11i r c i.'1r^!rc l,-l itr
uu.irrrLJ-r aLLrt. thereaiter iroiii the 9nw
to do L:'ll
I tl,
Li-
I tttl ^
i^1.-
rr'rto

L ^ ) ..+.. .-u -- ..i,

llr.1U ]l,e!l l.fltl approved 0bject '.e.f. 1st Octo

sar,ne till riate €vefl th

apl Rprristr;lr nf panies as pei' requi t--r.i l: fica
ior ization of d bec

d,e a
=tpa
of '+i,Jlaiion c;f Siect ,period f,rom 1'sr

,i !- 'ta!+i,
r'l{}'li ur.idel Srction already lil in
?"egit;rar of I in

9zop t r'f Q
 rr/r Lrrr_ i r--iliaiili!iii: i._,!--i I ETTIACT LU L

{v}

t.i,i:,i: .,a,:)n

:{,

{.
ri,i

^l ^h^rr^
r:! iccinrr mrrlo i* rhe n ir lras rerealed
llllrttt ti ll?r\ rll
'-'t"^'- t-

lll: 1.'.'.-r .."ar. '!i':':

LU t
,.i
Vt
!.i...
(r(.-,
i',...."-....:
\-!/(!r(/(2r!l
L.-..:,.i.,-LrrL .r..i'...-tt
u!a4urL
lurlu

rn!xaaktaa arg tL,tt- r _

$aq w Ca us + N qtie e & repiy-utlhe- il 0 mi; i! Et3r:

{s" Upoa Secdicrrr +5$ ot

the ith Compani iAdjr:dication of Penal oppprtunitf to
i l(oyani, Mr.
oir Ehagrra.nbhai lvl

-: i/'i- ^
nd li4r. Yasii Gunrran
r-l Nn P{}f-CI / Dl /Cnl Ar,il{4'1
'"'t'r/"-, I Cti ).5
ri-^
114? LU ated,11..fi7 .Z in term oi section 454[ 13
I

'read nar-r^i
JIJJ ui Cc,mpanies iAcijutli 14
ttl t 4 ,.1..! +.1.../t 14,., ,.t- ,, | ,t i t!r : rl ,rt
fol -l -t.,
uu,-!-u
--l , )
L-l

't'J

gsop & nf I
 Com cers ire'i,-i i,. i i: r-' ;i ii I :-: r-i i i-..i i i i"i.q IdF ii';,:illii 'i'!-;r:i i.r.
ting 0fficer liiiF;i Srii:ri, i;i.liii. ;ii; ' ir'\ |
STA on thir
sch te of hearing i. ',i;i.i.i7 jii':,i j;; iiri' :;;:iii r[Questerl to hearcl
the Secriar, 13{ r.ir,i. Sr.rcii(iit i:iiiiii
,i b{sis toda',/ i.e, on
:.t
v't;rt1l AC.il ii i ; i-;'i'; i i ii-r'.i.',.i ll:::
it..i- ;I l,.i ii
$eciiorr 454 *t rLtt
!: r-i
icrn of -Sa.ctron 1'7 *! li:i :iil i.r,ir:('ir i.0,,:
rtrth the +tfenoe ol
Seciicn i."#. Si,.-'iiilji i.-iiii:iiii i

the Adjudi officer has grantecl tf, heard both the

mattei'a.s reiate to other, Mr. Shali sllbmi the penalties
only e Kl4P i.e. ing directcr h{R. Ash I\4onsara,
1'ash CFO ar:d ir{s- Vidl:i SecretaryJ
irom of iheir resrrr ive appointment tn th ri i'iii, t i!i i h i, $.4t q' ,rt

actu ticn cf defau / vioiation ny the co n1/ 21.12.2020 to

fr7.L rsuant tc n Z{${}'1 ,lf the {orn iCl' ZE1S . He further
proceedings Ad; uCi car! or.i
".geinst |ilirectors nameiy
i tlaribirai ttt !-'i'] i{ileih llas;ik /.1-\ i,
i-q.; ;vts. r ruililuett
Asirckbhai fisara, lVame Directar cri-erccuti
Ii'+ $sliisir illrii'ajbiirii
t\.4^*.--^ be dropped ar no penaltv ilany malr f horn

'|L^
Officer submifited that siii]inissi,.:ns of -,r!^.rLr

Serii of the dcr'npanifs,{ct, ?rtl3 wa,ei.dbe

: i I l.l!
iii*-i iitii'ii(i-((: (ii itiii'
t tr /1 .\.
i"t is I i'\cL it,n ich eiiacls
+'t- ^ +
-^i U1

puni wa$ ail'i meni, finc r-rr othcrwi UI ng

I

rnmnanlr rr.-[i]
I r I t1
r.crhnio-tirna
'!rl'1!L lzorr
'r:rL,rL

,-r
iil where tir :.-^ -L--
or
ul i:...j i^,, +L-.
rd in this 'nr:h:ilf and en hi or
!l- ^i-- i^,.,-;r;^^
1ll ?r I lal1rL
+^
Lu Eoai'd tc such spec Irt
):--^^L^-- a^
f,ttttI rity of
Rne*'ri nr" nel
!rLrr !J rhrlortrl
ie !rrLrr Fr!u
.-i-:
rrlS

main filing 0r di bution of accr-runts or orise-s, acti ,ely

pafi L-n r,rr.i i ri rl
r\t rt, c! t I lFtr
ryr
k^s, or knawirrgly fails 6rrC l rr rrt'Ai/ in1,
'- t"' -" t' ' '- '
i

any {vJ any p in accorda"nce with

i:--^-!:^--^
or
I
of iire cr,irnpany is aan
l4l ,

I tr: the fJaari in ; +.,, i, ,;1 ,-.- .

Srv"e-s ad a. "-r' \--'f

 rlr prc{jter?t of
i-t
participation 5i;i.i; ;:; ir,,',,,i:r;:i.;',,".i ta tire sa trr
w,h coRtra.ventiDn taken piace wirh his nnivance; (, iJ in
res of e issue or fer of any slior*u ot rltF)arl share tra sfer
a. rs a:'id. m ha.r:t bai-rkers ta the i r: i:i- i " Pursua t tt:
Mini eral Cilcular tl2A'2A dated Znd ii:i\. li.l MR. As mar
Hari i and Fiite Rasiklal lasani being
il\:o
Directors / al!1-

does nci nsider as '0ifirer in

t\ r?.
i i.r. i _ne lxg I t!i tt'Fr il r si:brnilttxJ *al li :'r:tiit;!.r:i' l) ! i_.

t!rc w,ith rx.speit to tlte

within a pe of thirty r!.a;ss .ft.otp i'ir llto :i*.1

clituse {a} a.f sub., Na

per provis
7 of the Act, I compan-y un<iei'stat r_rLr!1 n tc file cop
ution thrr-rugh r Fr-rrm T.4G'T.14 within 30 Lhe resol
rampan3T has ssed trn,o sper:lai re: 30.09.2018
47.1 r alteratian/ ition cf ivlain object i'r rir
Llu 3A an MOA,
fai r.tirtlii',n ti'-tt t. 3A.A9.ZA1LI rtn \4{.t\ 21 r,t ;l i iir r r"f hr:r rn
ion dated 07 l.'iii'i.i iiiil;:r,'ij i:,.' iit,: pany
1..1.,A,--.+^:^
rrruu l! lLrlrll lateri t"ime i.e. on or :the r

1,ffi .qRN AASl',14332 onj,v r the

\t2

1:record, te ldinisttv's ,-: *^, , l

'i2.fi r,-..-,i ^-
+,-, i
luiiuvvlllH, tlie Ollicers ii;r the I

I I l1?\ tL t1 t't'oiit-p i^.rith rhp

{f the Company:
Z ,717 )t

Defrrilt I't.,.i,,.,..r:....
!,t rr!lr.:r-:r;:i if.,,.,,,i..i
1',tti tii;1.
..,,,-,,,,i,.a,:,.t-...i.

21.12.28?0 Lo
io as
17.fr6.2024 CI,
to

C^..-^...-.. a!'i ,r'! tar'! .l

lirn nr fl ? f'!
')

Irr* 16n€.zAzSTii
I

l(rJlCrr ll!r!tL,!ir 3, !\trtt.trt:. I j r,,.,.- 't1 1't'rr\'rrt r^

tr rrulr! Lr,rLrLv&v raJ
ti

UaoA h nt lf
 'i2. /'i:; issiii:'i oi i:,-anifrljl,.',:i;li{,: : ; i) ji :;
tlc con:pany starti:d
the
I

activities of Ob;ect clause l,,j.o. Z ol um cf Assoc aticr,r

ancial year 20 19 oi,ilvai"ris iili. lvhic ii i'-11 on MCAZi r-r^
Ld!
i
h.- -.
st-tred r:nlir 18,$5.71377t d.!'t*r tiii ai'rn -!4 beart SRN
r-.i+ on 25.05.2t) MCA21porrai. Hen the t matter is t for
ings as the pany and irs 0ffieers rir:faui iiable for I+, ,
rLy
n 450 ef the nies Act, 2013 r-:ai-l''r'i tness acti iticc
ii-irr tii r;hjects of riie ivl
I

Assricratii'in
tt -compiiance the prnvisirin*s r-if' Sectio ,:ti.i1ii e Compani ,ilct,
istrar of nies virle the Cr;rnpa ntl Act, 2{)
ent ith pr-rr,ver io iudicatc reuilii, 25 p ..^-J
ijIiU ction 450 o the
A,* with -)1 1n
LL,LL, as the default 2L,72 to
71
tt, i,e. d-ay hefore approval cf Ir,iGT-1

:--: i-a !_, i; ii

vtl!! ng ci,iantrii:.r penalty under section 4 rJi Lltr ane !\fr1

t- _,
due rega the folir;wing iactors,

rncunt of d !-i-iLrili'ili.ii'];-iii' ji.j I it (ii- feon

LLrlr!,

fiable, made as t'esu ii l;i i.it:i;r lr i i.

a rl
nt af ioss ic an iriyesior or nni:i
lloi's trs ;r le:-rl:li l:i
lt \)r t

+'*-. ..i.

l^f^..1r
tive::atare litai {t it II -

the abcve to i:e considered whi

I si: :-<l i:r>ri.i llit ;I i r: ::il I il r.;l' Fl" o

riilrqpi'l tn thr. r as a result ot the ,/ I tt I a^p

t0r ini:pstirr trrir, ce are not available i,rri'lnr'r ay

l

also ti:ai ii rs di to quantiiy the uniarr i ^ i.--- rl- -

ie [_]v LIie
to ttre rn nrs in a defa.uit of this

3. Havi ered the fac and circumstances of

ac{o, actors abave, untlersigneii has reaso L ^i...,... e
ne

its officerc in ei'ault ha.ve fa.iied ta ]E i-l}'ar-ii;C nf

read r,vii.h jon 1311{.}l cf tlre

circumsta It is tlue and 1usr,i itw ii,;:t;;

Officers in defa lt. I hereby imposed

 Fjattrre ,.,r p*nrrlrJ imi:i,.rr,,l
<.!efau!t
on of da3,sr Per1;tt r;i I !ii:ii611.,, g11i F''iiiximiiri:
c{t{nlranyi i;!rye t ; Penalry
.l l,.it: 5$:l!!t tol i rena!* in i Impo$ed
j
ii:e
+fl pursuani t{j
'
j 'Sectian 4.S,0
t'' -l''
ir r'i
i of the i
I Conrpan;es i
\::,ri:iroll ai
Ifi]ait[,trfLi r.-r {i.ri':. i,l I .l -. jij
.',,'i iii::: i 1; ' IITEtif p.f;1,t-;.;, Jii i ir
17.*b.2fr2/+t, i).: jij',ii
1 Z,AA,A{.ii!
r ii !,rr.tii.i;i , LIlllTf,ij Li
,,,,i:.j,i.i_jtl

i^"..- J r.r i

[iii|f]] i l L.ni!tu!
irX"
t-.
h4 i) N:-:4dl, i

iLOmpanies
lia'.:s
1

*et,?a73 lii-or:i i iU,

5U,UUU

!.!i',:i ii;'i;ltt' Ii)ii

023 rs-t

\)L-i .4 Ii
':1-,1 I

I..i;i','i i i' i'i.)ii.. i, 'Li..i t')1

./-uLi
,t^-,-
f i'ronr 1t,
' ,r.siri-l!:i!*i.r.;
: r.,{ousi'[I Q 1{\)2
'i at;:li

nicl that alty is corlintetlsura .1.^.1r.-,,!i

ui-'iduiL
Noiicees:

,
+. hall pa3; tile a suni af p€naii-i", i1-1fri its
iheir perso sourcesiincoine by iiabl on
i\/l
j;; iiIiiit:t' " t:';i.,i iltisr,..{:i, cate Iin CA

nt Se:',;ice-s er Rule 3[14] of Comp Penal iesl

j Riiies. ilt-119 itt {,{-} da3,:s fr+n: iire order
itifiitziiir',n rtrr't and Cha)ian/SRl,i gen ,t{
Ltt

rnode ,qiraii fiied in ii,ic-Zg under ,. ,; i-:.

t fur

<t il'ri< nrrler- be filed in,,r,,riting

Ministry Corporate A{iairs, Roc ii,.^

I
park,lNr.
STAI..{D, N APUIIA, AFi},lEDABAD 4
I
within a

deys fram ,'i:ia ni !-i1i'ii!iii ,ri i lrr.. rr tlino fi

the , , , ,-. ... .-, i .-

i i;c,,il-i.i:ilr
.
* i'i' "-"
,-.
'^^ "'
..i
i.r.'l ll ltrj i;1, 0f t\

Ise, j '- _- _r--J the Ccrnpanies Act, t

the ,

(Ad of Penaitiesl les, 20111 as amended (Ad1u inal-in

Pen monl Prr ?I'I1 0 !

f- Vrr n i< ;rlcn in to Section 454(8 -r*rE

) {iil
2013, y+i:i state tha.t irr case of n nalty a

-shali be pun e wittl finc r,.rhir:h sn fr ii;it,nrti

vrr r?L!rtt I l.r rr

lt-,6-, e ^€ a
 i:e iess 'i',vrlni'i' Ij:'r'l: ; illll::,liltr.: t.,. ,2,t.. *
iL.ii i

s ar with

ice stanCs d lli',"vriit r i;ii; r;lic;-.

fi"cg!sirar cf Co
CI'iiii,'r
:-,t---.

f <; ;'i:,+ i'a i c rlrfia i :'s,

Itl
dfa & Nagar Haveli

Itli'i'tiil'iA i.ii'"'ii i i;,i':

fi.. G-
('i r n
L2s711256,
OT ROAI.], NR, ASS C]RCI,iJ,
tA\ |
, jAsuAiu, IARA',I, iNLtiA,36ilC50

l;n
HI?,A^|1.A_LM{J (dIih
iRAii.;iL '*liA{; IIBIJAT idi)lisARA
i..}r n
. RAii'iESH1A,iA PAE I{

'ALii l4AitJ tiilA , BACKit0t! ti s i{0 t,}rlN (;

04 cuiARAT

LrIr
Ir'! !\-- HA{,IiAi.,tBHAI 0NSAI-{-Ii
GVAi'iE}{Ai AEi-iAi I'4iiNSARA
iritl'l'rrr Atr
j r : : I t: i I tl

36*Afii G ijiiii-ilr i' ilt Di

EN ASHTJKBHA
LAL B+IA rIAi DTi*LARIYA
STREE]', 357- GH SCHOOL ROAD,
frl
lil

ul
IT U it,i! F.r i,/'! i. ,1.t
L' ^
n i n ir
JL

5 tt, I i r i n., Y! r A
!l!.r.t_!

el
A STREET :}t_iltJtJi, KLriil_,
r1lt aT! 47',
, vL,Jrrrurt

!\l,rlt,r
|\+
OF COMFANIE$ 8.
nrrrrrl-Fn

t(5
iLI

1-,\'(-
Ieopy'to: ,4,O
Min te Aftairs, rough Proper Channell
,. ahilA;
Ir lltrvr\
t) Ministq,' of, ilorporate

D:cc I r,f Q