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. India Luxco Retail Private Limited (Interim Order)

BEFORE THE REGIONAL DIRECTOR (NORTHERN REGION)

Company Application No. RDNR/INDIALUXCO/COMP/441/N31194913 In the matter of the Companies Act, 2013 - Section 441

And In the Matter of INDIA LUXCO RETAIL PRIVATE LIMITED having Registered office at D-26 A, Lower Ground Floor, Jangpura Extension, South Delhi, India-110014.

In the matter of: 1. India Luxco Retail Private Limited.

2. Mr. Aman Kumar, (Director). 3. Mr. Stephane Edouard Francois Larher, (Director). 4. Ms. Debora Marinacci, (Director). 5. Ms. Ruchika Dhiman, (Company Secretary). Present: Mr. Abhishek Thakur, Ld. PCS. Mr. Shawant Raj, Ld PCS. Ms. Krishan Kumar, Assistant Director.

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

Date of Hearing: 19.01.2026.

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 N31194913.

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----- Start of picture text -----<br> 2. Facts presented by the Presenting Officer:<br>Factorstobe Considered [——S—S—S—SRemarks] |<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 AGM of the<br>company for the financial year ended 31.03.2024 was<br>required to be held on or before 31.12.2024 (Extended vide<br>SRN F98739758) but the same was held on 17.02.2025 (48<br>days delay), hence default.<br>----- End of picture text -----<br>

unintentional: (iii) The maximum punishment | Section 99 of The Companies Act, 2013: prescribed for such offences, such as fine or | "Ifany default is made in holding a meeting of the company imprisonment or both fine | in accordance with the section 96 or section 97 or section and imprisonment: 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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e case ofa continuing default, with a further

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fine which may extend to five thousand rupees for every day during which such default continues"

Fine reported/recommended by the ROC, is as follows:

||||||||applicants<br>(in Rs.)<br>Fine||(in Rs.)||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||in Rs.)<br>*||||
||||||||India<br>Luxco | 1,00,000/- | 2,35,000/-|||3,35,000/-||
||||||||Retail||||
||||||||Private||||
||||||||Limited.||||
||||||||Kumar.||||
||||||||Mr. Stephane| 1,00,000/- | 2,35,000/-|||3,35,000/-||
||||||||Edouard||||
||||||||Francois||||
||||||||Larher.||||
||||||||Marinacci.||||
||||||||Ms. Ruchika<br>2,35,000/-||||
||||||||Dhiman.||||
||||||||*Forthe purpose ofadditional fine:||||
||||||||Rs. 5000/-X 47 days= Rs. 2,35,000/-||||
|||The report of Registrar of||||||Receivedon 15.07.2025.||||
|||Companies:|||||||||
|(v)||The period ofdefault:|||||Financial Year2023-24. (48 days delay)||||
||||||||{31.12.2024 to 17.02.2025}||||
|(vi)||Whether|petition||—_—for|||Suo-MotoapplicationfiledbytheApplicants.||||
|||compounding||is suo-moto|||||||
|||before or|after notice||from||||||
|||the Registrar||ofCompanies|||||||
|||or after imposition of the|||||||||
|||punishment or during the|||||||||
|||pendency|of a|proceeding:|||||||
|(vii)||Whether<br>defaulter<br>has <br>madegood ofthe default:|||||The Petitioner Company has made its default good in<br>| respect of the contravention of Section 96(1) of the|||||
||||||||Companies Act, 2013 by holding the AGM||for the F.Y.||
||||||||2023-24 on 17.02.2025 and has also filed|AOC-4 e-form|||
||||||||vide SRN N29421179 dated 13.03.2025 and MGT-7 vide||||
|||:|||||SRN N29663762 dated 21.03.2025, status of which|||are|
||||||||approved.||||

4 on 17.02.2025 and has also filed|AOC-4 e-form|||
||||||||vide SRN N29421179 dated 13.03.2025 and MGT-7 vide||||
|||:|||||SRN N29663762 dated 21.03.2025, status of which|||are|
||||||||approved.||||
|(viii)|||Financial <br>Company<br>defaulter:|Condition of the <br>and<br>other||||During the hearing Ld. PCS confirms that the turnover of<br> |theCompany is Rs.258Crores (Approximately)and Profit<br>is Rs. 38 Crores (Approximately) for the EX eonde ><br>31.03.2024.<br>(Lo<br>ne|||||
||||||||Page2of4|4heaeé,f|||

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||||||||
|---|---|---|---|---|---|---|
|(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,|ete:|
|(xiii)|| Any other factor relevant to|Ld. PCS prays for leniency as the default was on account of|
|the|case:|delay|in|finalization|of accounts.|
|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)|
|1|India Luxco|Retail|Private|F.Y. 2023-24.|Rs.|2,00,000/-|
|Limited.|
|3|Mr.|Stephane Edouard|F.Y. 2023-24.|Rs.|1,00,000/-|
|Francois|Larher.|
|Ms.|Debora|Marinacci.|FY.|2023-24.|Rs.|1,00,000/-|
|Ms.|Ruchika Dhiman.|F.Y.|2023-24.|Rs.|1,00,000/-|

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|F.Y. 2023-24.|Rs.|1,00,000/-| |Francois|Larher.| |Ms.|Debora|Marinacci.|FY.|2023-24.|Rs.|1,00,000/-| |Ms.|Ruchika Dhiman.|F.Y.|2023-24.|Rs.|1,00,000/-|

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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. 21 JAN £028 

YY (VINOD SHARMA) REGIONAL DIRECTOR (NR) 

13794 —)3199

## Entd. . RDNR/INDIALUXCO/COMP/441/N31194913 

Dated 21 JAN 2028 

1. India Luxco Retail Private Limited. D-26, A, Lower Ground Floor, Jangpura Extension, SouthDelhi, Delhi, India-1 10014. 

2. Mr. Aman Kumar. 603-B, Beverly Park-1, DLF Sector-45, Gurgaon, Haryana, India-122003. 

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Page 3 of 4 

3. Mr. Stephane Edouard Francois Larher. (Through Company) D-26, A, Lower Ground Floor, Jangpura Extension, SouthDelhi, Delhi, India-110014. 

4. Ms. Debora Marinacci. (Through Company) D-26, A, Lower Ground Floor, Jangpura Extension, SouthDelhi, Delhi, India-110014. 

5. Ms. Ruchika Dhiman. 18/4, Pushp Vihar, Sector-I Delhi, Pushp Vihar, Sector-1, New Delhi-110017 

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

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