🔥 “EGM Notice Not Sent? ₹3.5 Lakh Fine 😱

One missed meeting notice — and it cost the company ₹3.5 lakh! 😱
In this video, we break down the latest ROC Vijayawada adjudication order against Three Seasons Exim Limited and its directors for violating Section 101(3) of the Companies Act, 2013.
Learn how a simple procedural lapse in sending an EGM notice and maintaining proper minutes led to a maximum penalty under Section 450, adjudicated under Section 454 of the Act.
👉 Understand what went wrong, the penalty details, and key compliance takeaways for directors, company secretaries, and compliance officers.
This case is a strong reminder that non-compliance with even basic meeting formalities can lead to severe financial and reputational loss.
Chapters:
00:00 – Introduction
01:05 – Background of the Case
02:30 – Legal Violations: Sections 101 & 450
– ROC’s Penalty Order Explained
– Key Lessons for Directors and Professionals
– Final Thoughts & Takeaways

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