Legal Proceedings Details
The summons requires the personal appearance of the company directors before the Court of the Chief Judicial Magistrate, Gwalior on 12 October 2026. The case references charges under Sections 147(1) and 148(8) of the Companies Act, 2013 for alleged non-filing of Cost Audit Report (Form CRA-4) for the financial year 2014-15.
Case Background
According to the disclosure, a complaint was filed by the Registrar of Companies against the Company and its Director(s). Court records indicate the case was registered on 05 September 2019 and is currently at the "Examination of Accused" stage.
Financial Impact Assessment
The company states that the financial impact is "not quantifiable at this stage." The matter is assessed as pertaining to an alleged procedural non-compliance for FY 2014-15 and, in the Company's assessment, is not expected to have a material impact on the Company's financial position or operations.
Reason for Disclosure Delay
The delay in disclosure (from receipt on 08 July 2026 to disclosure on 01 August 2026) was attributed to the time taken for internal review of the summons and awaiting legal assessment to ensure the accuracy of the disclosure. The Company ensures this delay was not intentional.