Company Penalised by ROC for Not Dematerialising Shares within due time
The Registrar of Companies (ROC) has issued an Adjudication order against Baby Memorial Hospital Limited, an unlisted public company, for violating the provisions of Section 29(1A) read with Rule 9A (2) and 9A(3)(b) of the Companies (Prospectus and Allotment of Securities) Rules, 2014.