Compounding order under Section 441 of the Companies Act, 2013 for violation of Section 148 of the Companies Act, 2013 in the matter of M/s. Para Products Private Limited

BEFORE THE REGIONAL DIRECTOR (NORTHERN REGION)

Company Application No. RDNR/PARA/COMP/148/2025/H82092438 In the matter of the Companies Act, 2013-Section 441 And In the Matter of PARA PRODUCTS PRIVATE LIMITED having registered office at Flat No. 105, Mohta BLDG., Ist Floor, Bhikaji Cama Place, New Delhi-! 10066.

In the matter of:

1. Para Products Private Limited. 2. Mr. Vijay Goel, (Director). 3. Mr. Udaivir Singh, (Director),

Present: I. Mr. Sushil Kumar Chadha, Authorized Representative. 2. Ms. Aruna M, Assistant Director.

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----- Start of picture text -----<br> ..-Applicant(s)<br>----- End of picture text -----<br>

«+... For Applicant(s) ......Presenting Officer

Date of Hearing: 12.12.2025

INTERIM ORDER

|. An application under section 441 of the Companies Act, 2013 for compounding of default committed u/s 148 of theCompanies Act, 2013 was filed by the aforesaid Applicants vide e- form GNL-1 through SRN H82092438.

2. Facts presented by the Presenting Officer:

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----- Start of picture text -----<br> Factors to be Considered | [Remarks] id<br>| Gi) The gravity of offence: The Company and its Applicant Directors<br>have filed the present Compounding<br>Application stating that they have not filed<br>Cost Audit Report (CAR) for the Financial<br>Year (F.Y.) 2015-16 which is in<br>contravention of Section 148(6) of the<br>Companies Act, 2013.<br>Section 148(6) of the Companies Act,<br>2013:<br>(6) A company shall within thirty days from<br>the date of receipt ofa copyofthe cost audit<br>report prepared in pursuance of a direction<br>under sub-section (2) furnish the Central<br>Government with such report along with<br>full information and explanation on every<br>reservation or qualification contained<br>therein.<br>ii) | The act is intentional or unintentional:<br>Page 1 of<br>4 (ES er: 8B “oa<br>NG Oe!<br>----- End of picture text -----<br>

n every<br>reservation or qualification contained<br>therein.<br>ii) | The act is intentional or unintentional:<br>Page 1 of<br>4 (ES er: 8B “oa<br>NG Oe!<br>----- End of picture text -----<br>

||The maximum punishment prescribed for<br>suchoffence,such as fineorimprisonment<br>orboth fineand imprisonment:|Section 148(8) of the Companies Act,<br>2013:<br>Ifany default ismade incomplyingwith the||
|---|---|---|---|
|||provisions ofthis section-<br>(a) the Company and every officer of the<br>Company who<br>is<br>in<br>default<br>shall<br>be<br>punishable in the manner as provided in<br>sub-section (1) ofsection 147;<br>(b) the cost auditor oftheCompany who is<br>in default shall be punishable in the manner<br>as provided in sub-sections (2) to (4) of||
|||section 147.||
|||Section<br>147(1) of the Companies Act,||
|||2013:<br>Ifany ofthe provisions of sections 139 to<br>146 (both inclusive)<br>is contravened, the<br>Company shall be punishable with fine<br>which shall not be less than twenty-five||
|||thousand rupees but which may extend to<br>five lakh rupees and every officer of the<br>Company who<br>is<br>in<br>default<br>shall<br>be<br>punishable 52a[***] with fine which shall<br>not be less than ten thousand rupees but||
|||which may be extend to one lakh rupees.||
|||Fine reported/recommended as perROC||
|||Report is as follows:||
|||(a) Fine for violation under section<br>148(6)<br>of the Companies<br>Act,||
|||2013:||
|||For F.Y.

extend to one lakh rupees.||
|||Fine reported/recommended as perROC||
|||Report is as follows:||
|||(a) Fine for violation under section<br>148(6)<br>of the Companies<br>Act,||
|||2013:||
|||For F.Y. 2015-16:||
|||Name<br>of |Minimum |Maximum||
|||in Rs.||
|||Para<br>25,000 /- | 5,00,000/-||
|||Products||
|||Private||
|||Limited.||
|Gay|[Thereport ofRegistrar of Companies: |Receivedon07.10.2019. ___||||
|||478 Days<br>dela||
|(vi)|Whether petition forcompounding is suo- <br>moto before or after notice from the<br>Registrar ofCompaniesorafterimposition||Show cause notice issued by Cost A di<br>Branch, Ministry of Corporate 2x4ais ies<br> |dated 28.03.2018.<br>‘Sean| PEN||
||Page 2 of4|fa)<br>JE<br>an|Ss|

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----- Start of picture text -----<br> Ls ofof thea proceeding: punishment or during the pendency<br>(vii) Whether defaulter has made good of the |The company has made the default good by<br>default: filling the e-form CRA-2 as under:-<br>S. | Financial Filling Status<br>No. | Year Id<br>2015-16 | CRA- | Filed as on<br>4 15.02.2018.<br>(vili) | Financial Condition of the Company and | During the course ofhearing [the] Authorized<br>other defaulter: Representative submits that the turnover of<br>the Applicant Company is Rs. 47.68 Crores<br>(approximately) for the F.Y. 2015-16 and<br>the profit is Rs. 0.84 Crores<br>Approximately) for the F.Y.

r: Representative submits that the turnover of<br>the Applicant Company is Rs. 47.68 Crores<br>(approximately) for the F.Y. 2015-16 and<br>the profit is Rs. 0.84 Crores<br>Approximately) for the F.Y. 2015-16.<br>(ix) Whether Similar offence compounded in | No.<br>last three years or not:<br>(x) The act of defaulters is prejudicial to the | No.<br>interest of the member(s) or company or<br>public interest or not<br>Share value of the company, etc. : Unlisted Company.<br>(xiii) | Any other factor relevant to the case As per the ROC NCT of Delhi and<br>Haryana’s report dated 03.10.2019, the<br>Company was the only applicant, however,<br>an addendum was filed dated 17.09.2021<br>with a prayer to make additional applicants<br>to Mr. Vijay Goel (Director) and Mr.<br>Udaivir Singh (Director).<br>3. Compounding Fee levied for violation of Section 148 of theCompanies Act, 2013 for<br>the F.Y. 2015-16 is as follows:-<br>For CRA-4 -<br>No.S. | Name ofapplicant Non-filingof form | Defaulting Years | Totalimposed Compouding(In INR) fees<br>l Para Products Private CRA-4 F.Y. 2015-16. Rs. 2,50,000/-<br>Limited.<br>Mr. Vijay Goel. CRA-4 F.Y. 2015-16. Rs. 50,000/-<br>Mr. Udaivir Singh. CRA-4 F.Y. 2015-16. Rs, 50,000/-<br>WO<br>iAAe = May,* “ay<br>Page 3 of4 ime fy 7 pest<br>we fs Bu)<br>\aA = A> #7<br>----- End of picture text -----<br>

For CRA-4 -

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4. Payment to be made within 15 days.

5. Any other details: Nothing as such

Signed onthe __ day of January 2026 at New Delhi

99 JAN 2026 Ny (VINOD SHARMA) REGIONAL DIRECTOR (NR) | 2 70u—] 20 F % Entd. RDNR/PARA/COMP/148/2025/H82092438 Dated 09 JAN 2026

• |. Para Products Private Limited. Flat No. 105, Mohta Building, 1* Floor, Bhikaji Cama Place, New Delhi-110066.

2. Mr. Vijay Goel. 11-B, Anand Lok, New Delhi-1 10049.

3. Mr. Udaivir Singh. Flat B-401, Ist Floor, SPS Appartment GT Road, Panchsheel Park, Opposite Fire Station, Sahibabad, Ghaziabad, U.P.-201005.

4. Registrar ofCompanies, NCT of Delhi and Haryana.

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