(1.) This Application was filed by the Applicants under Section 441 of the Companies Act, 2013, corresponding to Section 621A of the Companies Act, 1956 for the purpose of compounding for violation of provisions of Section 309 read with Sections 198, 269 of the Companies Act, 1956.
(2.) The averments in the Company Application filed under section 621A of the Companies Act, 1956 are briefly stated hereunder:-
(3.) The Authorized share capital of the 1st Applicant Company is Rs. 140,00,00,000/- (Rupees One hundred Forty Crores only) consisting of: