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.Clinton Health Access Initiative India Private Limited

BEFORE THE REGIONAL DIRECTOR (NORTHERN REGION) Company Application No. RDNR/CLINTON/COMP/441/N23451032 In the matter of the Companies Act, 2013 - Section 441 And In the Matter of CLINTON HEALTH ACCESS INITIATIVE PRIVATE LIMITED having Registered office at 261, Basement, Phase-III, Okhla Industrial Estate, New Delhi, Delhi, India110020.

In the matter of:

1. Clinton Health Access Initiative India Private Limited.

2. Mr. Rattan Lal Ichhpujani, (Director).

3. Ms. Vishal Brijlal, (Director).

...Applicant(s)

Present: Mr. Abhishek Gupta, Ld. PCS. Mr. Krishan Kumar, Assistant Director.

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

Date of Hearing: 06.01.2026.

• INTERIM ORDER

• |. An application under section 441 of the 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 N23451032.

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----- Start of picture text -----<br> 2. Facts presented by the Presenting Officer:<br>Factors to be Considered<br>(i) The gravity of offence: The Company has failed to hold the Annual General<br>Meeting (AGM) within the stipulated time period pursuant<br>to the provision of section 96 of the Act. The AGMofthe<br>company for the financial year ended 31.03.2024 was<br>required to be held on or before 30.09.2024 but the same<br>was held on 26.11.2024 (57 days delay), hence default.<br>(ii) The act is intentional or | Unintentional.<br>unintentional:<br>(iii) The maximum punishment | Section 99 of The Companies Act, 2013:<br>pascedthen iby such "If any default is made in holding a meeting of the company<br>offences, such as fine or | ; * : : “i<br>.

(iii) The maximum punishment | Section 99 of The Companies Act, 2013:<br>pascedthen iby such "If any default is made in holding a meeting of the company<br>offences, such as fine or | ; * : : “i<br>. + ax kathy 1 in accordance with the section 96 or section 97 or section<br>end imprison or ‘ GE: TRS | 6 arin complying with any directions of the Tribunal, the<br>BOY EPL eae company and every officer ofthe company who is in default<br>shall be punishable with fine which may extend to one lakh<br>rupees and in the case of a continuing default, with a further<br>fine which may extend to five thousand rupees for every<br>day during which such default continues"<br>Fine reported/recommended by the ROC, is as follows:<br>. ~ Name of | Fine Additional | Total Fine<br>ge ares * a :<br>PION applicants (in Rs.) Fine (in Rs.)<br>al Fer oe Ya," =) in Rs.) *<br>43h a age 1o<br>----- End of picture text -----<br>

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ares * a :<br>PION applicants (in Rs.) Fine (in Rs.)<br>al Fer oe Ya," =) in Rs.) *<br>43h a age 1o<br>----- End of picture text -----<br>

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||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Clinton|1,00,000/-|||2,80,000/-|||3,80,000/-|
|Health|
|Access|
|Initiative|
|Limited.|
|Mr.|Rattan|||1,00,000/-|||2,80,000/-|||3,80,000/-|
|Lal|
|Ichhpujani.|
|Brijlal.|
|*For|the|purpose|of additional|fine:|
|Rs.|5000/-X|56|days=|Rs.|2,80,000/-|
|Companies:|
|(v)|The|period|of default:|Financial|Year 2023-24.|(57|days|delay)|
|{From|30.09.2024|to 26.11.2024}.|
|(vi)|Whether|petition|for|| Suo-Moto|application|filed|by the Applicants.|
|compounding|is|suo-moto|
|before|or|after|notice|from|
|the|Registrar|of Companies|
|or|after|imposition|of|the|
|punishment|or|during|the|
|pendency|of a|proceeding:|
|(vil)|Whether|defaulter|has|| The|Petitioner|Company|has|made|its|default|good|in|
|made good of the|default:|||respect|of|the|contravention|of|Section|96(1)|of|the|
|Companies|Act,|2013|by|holding|the|AGM|for|the|F.Y.|
|2023-24|on|26.11.2024|and|has|also|filed|AOC-4|e-form|
|vide|SRN|N20924213|dated|27.11.2024|and|MGT-7|vide|
|SRN|N20931572|dated|27.11.2024,|status|of|which|are|
|approved.|
|(viii)|||Financial|Condition|of the|| During|the|course|of|hearing|Ld.|PCS|submits|that|the|
|Company|and|other|||turnover of|the Company|is Nil and|paid-up|share|capital|is|
|defaulter:|Rs.|10,00,000/-.|
|(ix)|Similar|offence|| No.|
|compounded|in|last|three|

aring|Ld.|PCS|submits|that|the|
|Company|and|other|||turnover of|the Company|is Nil and|paid-up|share|capital|is|
|defaulter:|Rs.|10,00,000/-.|
|(ix)|Similar|offence|| No.|
|compounded|in|last|three|
|ears:|||
|(x)|The|act|of|defaulters|is|| No.|JES aeGIO;,|[B]|
|prejudicial|to the interest of|ESR >|9¥|\|
|the member(s)|or company|le&|Ee|Call|
|or|public|interest|or not:|we|Ye uf|3|||
|company,|etc:|ak,|le|ol|ay|
|(xiii)|| Any other factor relevant to|||A. Ld. PCS prays for leniency as the default|W as.o1r|agcqunt|*|a|
|the|case:|of delay|in|finalizing|its|financial|statements.|~s..|
|B.|The|Presenting|Officer,|Shri|Krishan|Kumar,|Assistant|
|Director,|submits|that|the|Registrar of Companies, NCT|of|

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Page 2 of 4

Delhi and Haryana, (ROC) has submitted a report dated 09.04.2025 inter alia reporting that inspection from complaint received in ADT-4 filed by statutory auditor u/s 143(12) of theCompanies Act, 2013 in the matter of Azure Group of Companies on suspected offence involving fraud being committed or having been committed by the said Company, therefore, compounding may not be permitted. C. ROC, vide its report dated 05.01.2026 has submitted that the Applicant Company is not a part of or directly related to Azure India Private Limited/Azure Power Group.

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

directly related to Azure India Private Limited/Azure Power Group.

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.	ApplicantName	Default period	Compounding fee payable
				by the applicant (in INR)
		Clinton HealthAccess	FY. 2023-24,	Rs. 1,50,000/-
		Initiative India Private
		Limited.
		Mr. Rattan Lal Ichhpujani.	F.Y, 2023-24.	Rs. 1,00,000/-
		Mr.VishalBrijlal.	F.Y.2023-24.	Rs.1,00,000/-

4. Payment to be made within [5 days.

5. Any other details: Nothing as such. Signed onthe ___ day of January 2026 at New Delhi. 45 JAN 2026

wo (VINOD SHARMA) REGIONAL DIRECTOR (NR) jg25is [3144 Dated 15 JANY 2UZU)1998

Entd. . RDNR/CLINTON/COMP/441/N23451032

1. Clinton Health Access Initiative India Private Limited. 261, Basement, Phase-III, Okhla Industrial Estate, New Delhi, Delhi, India-1 10020.

2. Mr. Rattan Lal Ichhpujani.

• H. No. 137, First Floor, Anand Vihar Near Saral Diagnostic Centre, Pitampura, Saraswati, Delhi, India-110034.

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----- Start of picture text -----<br> 3. Mr. Vishal Brijlal. (Through Company)<br>261, Basement, Phase-III, Okhla Industrial Estate,<br>New Delhi, Delhi, India-110020. ee<br>4. , , . LENe REGS<br>Registrar of Companies, NCT of Delhi & of Companies, NCT of Delhi & Companies, NCT of Delhi & NCT of Delhi & of Delhi & Delhi & & Haryana. ae aeN<br>{xO Ge o7A<br>Page 3 of 4 #3 Pott g ah<br>----- End of picture text -----<br>

4. , , . Registrar of Companies, NCT of Delhi & of Companies, NCT of Delhi & Companies, NCT of Delhi & NCT of Delhi & of Delhi & Delhi & & Haryana.