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.VC One Ventures Private Limited

BEFORE THE REGIONAL DIRECTOR (NORTHERN REGION)

Company Application No. RDNR/VC/COMP/441/2025/N30814776 In the matter of the Companies Act, 2013 - Section 441 And

In the Matter of VC ONE VENTURES PRIVATE LIMITED having Registered office at C-12, 3 Floor, Nakshatra Apartment, 100 Ft Road, Chattarpur Enclave-II, South Delhi, New Delhi, Delhi, India-110074.

In the matter of: 1. VC One Ventures Private Limited. 2. Mr. Tarang Bhargava, (Director). 3. Mr. Mahinder Kumar Bhargava, (Director).

..- Applicants

Present: Mr. Jitender Kumar, Ld. CA. Mr. Manjeet Singh, Ld. CS. Mr. Krishan Kumar, Assistant Director.

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

Date of Hearing: 22.12.2025.

INTERIM ORDER

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|1.|Anapplication|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 N30814776.|
|2.|Facts|presented|by|the|Presenting|Officer:|
|Factors|to|be|Considered|
|(i)|The|gravity|of offence:|The|Company|has|failed|to|hold|the|Annual|General|
|Meeting (AGM)|within|the|stipulated|time|period|pursuant|
|to|the|provision|of section|96|of|the|Act.|The AGM|of the|
|company|for|the|financial|year|ended|31.03.2024|was|
|required|to|be|held|on|or|before|30.09.2024|but|the|same|
|was|held|on|04.11.2024|(35|days|delay),|hence|default.|
|The|act|is|intentional|or|||Unintentional.|
|unintentional:|
|(iii)|The|maximum|punishment|
|prescribed|for|such|||Section|99|of The Companies|Act,|2013:|
|offences,|such|as|fine|or|
|imprisonment|or|both|fine|| "Ifany|default|is made|in holding|a meeting|ofthe company|
|and|imprisonment:|in|accordance|with|the|section|96|or|section|97|or|section|
|98|or|in|complying|with|any|directions|of the|Tribunal,|the|
|company and|every officer of|the company who|is|in default|
|shall|be|punishable|with|fine which may|extend|to|one|lakh|
|rupees|and|in|the|case ofa continuing|default,|with|a further|

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with|fine which may|extend|to|one|lakh| |rupees|and|in|the|case ofa continuing|default,|with|a further|

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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>applicants (in Rs.) Fine (in Rs.)<br>in Rs.) *<br>VC One | 1,00,000/- | 1,70,000/- | 2,70,000/-<br>Ventures<br>Private<br>Limited.<br>Bhargava.<br>Mr. 1,00,000/- | 1,70,000/- | 2,70,000/-<br>Kumar<br>Bhargava.<br>*For the purpose of additional fine:<br>Rs. 5000/-X 34 days= Rs. 1,70,000/-<br>Companies:<br>(v) The period of default: Financial Year 2023-24. (35 days delay)<br>{30.09.2024 to 04.11.2024}.<br>(vi) Whether petition _— for | Suo-Moto application filed by the Applicants.<br>compounding is suo-moto<br>before or after notice from<br>the Registrar of Companies<br>or after imposition of the<br>punishment or during the<br>pendency of a proceeding:<br>(vii) Whether defaulter has | The Petitioner Company has made its default good in<br>made good of the default: | respect of the contravention of Section 96(1) of the<br>Companies Act, 2013 by holding the AGM for the F.Y.<br>2023-24 on 04.11.2024 and has also filed AOC-4 e-form<br>vide SRN N27213222 dated 21.01.2025 and MGT-7 vide<br>SRN N27217330 dated 21.01.2025, status of which are<br>approved.<br>(viii) | Financial Condition of the | During the hearing Ld.

AOC-4 e-form<br>vide SRN N27213222 dated 21.01.2025 and MGT-7 vide<br>SRN N27217330 dated 21.01.2025, status of which are<br>approved.<br>(viii) | Financial Condition of the | During the hearing Ld. PCS confirms that the turnover of<br>Company and other | the Company is 97 Lakhs (Approximately) and Loss is Rs.<br>defaulter: 12 Lakhs (Approximately) for the FY 2023-24 and Rs.<br>1.3 Crore as turnover and loss of Rs. 24.52 Lakhs for the<br>FY 2024-25. ><br>PAN aon<br>(ix) Similar offence | No. Lae Vase<br>- een 2<br>lew SH<br>Page 2 of 3 SN Oe"<br>**----- End of picture text -----**<br>


- (x) The act of defaulters is | No. prejudicial to the interest of the member(s) or company or public interest or not: Share value of the | Unlisted Company. company, etc: 

- (xiii) | Any other factor relevant to the case : 

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)|
|||VCOne Ventures Private|FY. 2023-24|Rs. 2,00,000/-|
|||Limited.|||



4. Payment to be made within 15 days. 

5. Any other details: Nothing as such.

## Signed on the __ day of January 2026 at New Delhi.

## YyQ7 JAN -dee (VINOD SHARMA) REGIONAL DIRECTOR (NR)

## Entd. . RDNR/VC/COMP/441/2025/N30814776 IZ. 7/2 

(ZUS tog 07 JAN <a 

1. VC One Ventures Private Limited. C-12, 3" Floor, Nakshatra Apartment, 100 FT road, Chattarpur, Enclave-I, New Delhi-1 10074. 

2. Mr. Tarang Bhargava. 

- C-12, 3" Floor, Nakshatra Apartment, 100 FT road, Chattarpur, Enclave-II, New Delhi-1 10074. 

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3. Mr. Mahinder Kumar Bhargava. oe es.<br>C-12, 3 Floor, Nakshatra Apartment, 100 FT road, Chattarpur, son RESO<br>Enclave-II, New Delhi-1 10074. a TE aaN<br>4. F fs GNP Ga<br>Registrar of Companies, NCT of Delhi & Haryana. oe at oF ee<br>**----- End of picture text -----**<br>


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