Compounding order under Section 441 of the Companies Act, 2013 for violation of Section 96 of the Companies Act, 2013 in the matter of M/s.Intelligent Communication Systems India Limited (Interim Order)

BEFORE THE REGIONAL DIRECTOR (NORTHERN REGION)

Company Application No. RDNR/INTELLIGENT/COMP/96/2025/AB5644639 In the matter of the Companies Act, 2013 - Section 96 In And the Matter of INTELLIGENT COMMUNICATION SYSTEMS INDIA LIMITED having Registered office at Administrative Building Okhla Industrial Estate, Phase-III, New Delhi-110020.

In the matter of: 1. Intelligent Communication Systems India Limited. 2. Mr. Sanjay Bharti Kumar.

Present: Mr. Pramod Kothari Ld. PCS Ms. Aruna M, Assistant Director.

---Applicant(s)

-.-For Applicant(s) ...Presenting Officer

Date of Hearing: 27.11.2025

INTERIM ORDER

1. An application under section 441 ofthe Companies Act, 2013, for compounding of default committed u/s 96 of the Companies Act, 2013 was filed by the aforesaid Applicants vide Form GNL-1 through SRN AB5644639.

2. Facts presented by the Presenting Officer:

==> picture [25 x 9] intentionally omitted <==

----- Start of picture text -----<br> A ope<br>----- End of picture text -----<br>

==> picture [448 x 379] intentionally omitted <==

----- Start of picture text -----<br> Factors to be Considered<br>(i) The gravity of offence: The applicants have filed the compounding application<br>admitting that the Company had failed to hold its Annual<br>General Meeting (AGM) within the stipulated time period<br>for the Financial Year 2023-24 as per requirements of<br>Section 96 of the Companies Act, 2013. The company<br>ought to have held AGM last by 31.12.2024 but the AGM<br>was held on 29.01.25 for FY2023-24, hence default.<br>(ii) The act is intentional or | Unintentional.<br>unintentional:<br>(iii) The maximum punishment<br>prescribed for such | Section 96(1) of The Companies Act, 2013:<br>offences, such as fine or<br>imprisonment or both fine | " Every company other than a One Person Company shall<br>and imprisonment: in each year hold in addition to any other meetings, a<br>general meeting as its annual general meeting and shall<br>specify the meeting as such in the notices calling it, and not<br>more than fifteen months shall elapse between the date of<br>one annual general meeting of a company and that of the<br>next:<br>Vy Lak Bees<br>Page [1] of AP RESIGA SS<br>3 foe my KS<br>Te hm =| Salt<br>“L need 2 *<br>EN .<br>----- End of picture text -----<br>

ne——

|||Providedthat in case ofthe first annual general meeting, it<br>shall be held within a period ofninemonths from the date<br>ofclosing ofthe first financial year ofthe company and in<br>anyothercase,withinaperiodofsixmonths,fromthe date||
|---|---|---|---|
|||ofclosingofthe financial year:<br>Provided further that if<br>a company holds its first annual<br>general meeting as aforesaid, it shall not be necessary for<br>thecompany toholdanyannual generalmeeting intheyear||
|||ofits incorporation:<br>Provided alsothattheRegistrarmay, foranyspecial reason,<br>extend the time within which any annual general meeting,<br>otherthanthe firstannual generalmeeting, shallbe held,by||
|||aperiodnotexceeding three months. "||
|||Finereported/recommended bytheROC, is as follows:||
|||Name<br>of|Fine<br>Additional | Total Fine<br>applicants<br>(inRs.)<br>Fine<br>(in Rs.)<br>in Rs.)*||
|||Intelligent<br>1,00,000/- | 1,40,000/- |2,40,000/-||
|||Communication||
|||Systems<br>India||
|||Limited||
|||Bharti Kumar||
|||*Forthepurpose ofadditional fine:<br>Rs. 5000/-X28days= Rs. 1,40,000/-||
|Companies:<br>(v)<br>Theperiodofdefault:<br>_—— <br>(vi)<br>Whether<br>petition<br>for <br>compounding is suo-moto||FinancialYear2023-24. (29daysdelay)<br> Sa<br> |Suo-Motoapplication filedbytheApplicants.||
||before or after notice from|||
||the Registrar ofCompanies|||
|(vii):<br>Na|or after imposition of the<br>punishment.or during the<br>nendency<br>ofa proceeding:<br>Whether<br>~ defaulter<br>has <br>madé‘goodofthedefault: <br>dt<br>/~<br>*<br>se<br>Sei||The Petitioner Company has made its default good in<br> |respect of the contravention of Section 96(1) of the<br>Companies Act, 2013 by holding theAGM for the F.Y.<br>2023-24on29.01.2025 andhasalsofiledAOC-4videSRN<br>N29408580 dated 11.03.2025 and MGT-7 vide SRN<br>N30105928 dated 07.03.2025 FY2023-24, status ofwhich<br>are approved.||
||Company<br>and<br>other | Profit forthefinancialyearended 31.03.2021 and7<aWah<br>defaulter:<br>(BryREGIOme<br>ai<br>ieSs UP <br>Page 2 of3<br>“$ raya<br>ri) ae||me<br> 3S<br>3<br>L.*|
|||os||

==> picture [443 x 187] intentionally omitted <==

----- Start of picture text -----<br>

||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|31.03.2022 respectively stand|for Rs.|5,76,77,000/- and|
|Rs.|5,55,43,000/-|respectively.|
|(ix)|Similar|offence|
|compounded|in|last|three|
|ears:|
|(x)|The|act|of|defaulters|is|| No.|
|prejudicial|to the|interest|of|
|the|member(s)|or company|
|or|public|interest|or|not:|
|(xii)|| Share|value|of|the|Unlisted Company.|
|company,|etc:|
|(xiii)|| Any other factor relevant to|| Ld.|PCS|prays|for|leniency|as|the delay|in|holding AGM|
|the case:|was on account of|non-receipt of|CAG report.|

----- End of picture text -----<br>

3. Compounding Fee levied for the default committed under Section 96 of the Companies Act, 2013 for F.Y. 2023-24 is as follows:

S. No, Applicant Name Default period Compounding fee payable by the applicant (in INR) ] Intelligent Communication 2023-24 Rs. 60,000/Systems India Limited Mr. Sanjay Bharti Kumar 2023-24 Rs. 25,000/-

• 4, Payment to be made within 15 days.

5. Any other details: Nothing as such,

   • Signed onthe _ day of December 2025 at New Delhi.

19 DEC :2025 boil (VINOD SHARMA) REGIONAL DIRECTOR (NR) | FSS VBS Entd. . RDNR/INTELLIGENT/COMP/96/2025/AB5644639 Dated 1 9 DEC ans 1. Intelligent Communication Systems India Limited. Tat (GUC) Administrative Building, Okhla Industrial Estate Phase-III, Hag Wey, New Delhi 110020. ficy™[JagoFESIA» 2. Aye 2g Mr. Sanjay Bharti Kumar. rE ig O45 H. No. 34, Pocket E Sarita Vihar New Delhi 1100076. 3 rs) 3. Registrar ofCompanies, NCT of Delhi & Haryana. On “© >

ae

Page 3 of 3