Compounding order under Section 441 of the Companies Act, 2013 for violation of Section 96 of the Companies Act, 2013 in the matter of Icon Homes Private Limited

File No. RD (NWR)/441/83/2023-24/ 525F SRN GNL-1 F89412878, Dated: 03.01.2024. BEFORE THE REGIONAL DIRECTOR (NWR), AHMEDABAD MINISTRY OF CORPORATE AFFAIRS IN THE MATTER OF :- Section 441 of the companies act, 2013 AND Section 96 of the Companies Act, 2013 IN THE MATTER OF :-

1. Icon Homes Private Ltd. (Applicant No.1)
2. Shri Mahesh Paliwal Kumar (Applicant No.2)
3. Shri Harikesh Paliwal (Applicant No. 3)
4. Shri Dinesh Paliwal (Applicant No. 4)
5. Shri Naresh Kumar Agarwal (Applicant No. 5) FINAL ORDER pate: ] 0 MAR 204

Compounding application received from the Company and its Four Directors (1) Shri Mahesh Paliwal, (2) Shri Harikesh Paliwal, (3) Shri Dinesh Paliwal & (4) Shri Naresh Kumar Agarwal under Section 441 of the Companies Act,2013. 2. Violation: Section 96 of the Companies Act, 2013 for not holding Annual General Meeting (AGM) within time frame as prescribed in the Act for the F.Y. 2016-17. Reference of interim order: No. RD (NWR)/441/83 dated 13.02.2024. 4. Compounding fee levied: Sr.No. | Named Designation of the Provision violated | Compounding fee Applicant for the year. payable by the applicant (In Rs.) 1 Icon Homes Private Limited 2016-17 8,050/~ 2. Shri Mahesh Paliwal 2016-17 8,050/~ 3 Shri Harikesh Paliwal 2016-17 8,050/~ 4. Shri Dinesh Paliwal 2016-17 8,050/~ 5. Shri Naresh Kumar Agarwal 2016-17 8,050/- 5. Payment of Compounding fee: Dated 19.02.2024 [sr. Name and Designation of the Receipt details Amount paid (In Rs.) No. Applicant 1.

,050/~ 5. Shri Naresh Kumar Agarwal 2016-17 8,050/- 5. Payment of Compounding fee: Dated 19.02.2024 [sr. Name and Designation of the Receipt details Amount paid (In Rs.) No. Applicant 1. Icon Homes Private Limited X68326966 8,050/~ Dated 19.02.2024 2. Shri Mahesh Paliwal X68342278 8,050/~ Dated 19.02.2024 3 Shri Harikesh Paliwal X68342302 8,050/~ Dated 19.02.2024 4. Shri Dinesh Paliwal X68343649 8,050/~ Dated 19.02.2024 54 Shri Naresh Kumar Agarwal X68341601 8,050/~

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6. Company is hereby directed to file this compounding order in prescribed E-form INC-28 with the jurisdictional ROC under the provisions of Section 441(3)(d) of the Companies Act, 2013.
7. Company has held its Annual General Meeting on 29.09.2017 for the F.Y 2016-17 and MGT-7 has been filed vide SRN G61985628 dated 16.11.2017. Considering the fact that the paid-up capital of the Company is Rs. 3,15,000/- which covered under the criterion of small company and net worth of the company as per the financial statement for the year 2022-23 is 10,65,993/- and reserve and surplus amounting to Rs. 7,50, ove fine has been imposed. (G. C. YADAYV) Regional Director (NWR) Ahmedabad Dated this |Bfaay of March, 2024 ’ 7 e = To \ / Icon Homes Private Limited B-75, Main Road Pandri Cloth Market, Raipur, Chhattisgarh 492001

Shri Mahesh Kumar Paliwal D-159, Sector 5, Devendra Nagar Pandri, Raipur, Chhattisgarh 492001 3. Shri Harikesh Paliwal C-69, Devendra Nagar, Pandri, Raipur, Chhattisgarh, 492001 4.

h 492001 2. Shri Mahesh Kumar Paliwal D-159, Sector 5, Devendra Nagar Pandri, Raipur, Chhattisgarh 492001 3. Shri Harikesh Paliwal C-69, Devendra Nagar, Pandri, Raipur, Chhattisgarh, 492001 4. Shri Dinesh Paliwal D-183, Devendra Nagar, Pandri, Raipur, Chhattisgarh, 492001 S. Shri Naresh Kumar Agarwal D-175/176, Devendra Nagar, Pandri, Raipur, Chhattisgarh, 492001 6. Registrar of Companies, Bilaspur 7. Master File 8. Office Copy P (ANITA KLAIR) Joint Director For Regional Director