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.ABB Emobility India Private Limited

File No. RD (NWR)/441/82/2023-24/ 5999 SRN GNL-1 F65440752, Dated : 29.09.2023 BEFORE THE REGIONAL DIRECTOR (NWR), AHMEDABAD MINISTRY OF CORPORATE AFFAIRS IN THE MATTER OF :- Section 441 of the companies act, 2013 AND Section 96 of the Companies Act, 2013 IN THE MATTER OF :-

1. ABB Emobility India Pvt. Ltd. (Applicant No.1)
2. Mr. Choodamani Nurani Kumar (Applicant No.2)
3. Shri Sunil Naik (Applicant No.3) FINAL ORDER DATE: 7 (| MAR 2024

Compounding application received from the Company and its two Directors (1) Mr. Choodamani Nurani Kumar and (2) Shri Sunil Naik under Section 441 of the Companies Act,2013. 2. Violation: Section 96 of the Companies Act, 2013 for not holding Annual General Meeting (AGM) within time frame as prescribed in the Act for the F.Y. 2021-22. 3. Reference of interim order: No. RD (NWER)/441/80 dated 13.02.2024. 4. Compounding fee levied: Sr.No. | Named Designation of the Provision violated | Compounding fee Applicant for the year. payable by the applicant (In Rs.) L. ABB Emobility India Pvt. Ltd 2021-22 46,500/~ A Mr. Choodamani Nurani Kumar 2021-22 46,500/~ 3 Shri Sunil Naik 2021-22 46,500/~ 5. Payment of Compounding fee: Sr. Name and Designation of the Receipt details Amount paid (In Rs.) No. Applicant 1. ABB Emobility India Pvt. Ltd X68760289 46,500/~ Dated 26.02.2024 2. Mr. Choodamani Nurani Kumar X68762053 46,500/~ Dated 26.02.2024 3. Shri Sunil Naik X68762558 46,500/~ Dated 26.02.2024 6. Company is hereby directed to file this compounding order in prescribed E-form INC-28 with the jurisdictional ROC under the provisions of Section 441(3)(d) of the Companies Act, 2013.

Company has held its Annual General Meeting on 15.06.2023 for the F.Y 2021-22 and MGT- 7 has been filed vide SRN F62253257 dated 03.07.2023. Considering the fact that the paid- up capital of the Company is Rs. 1,00,000 only which covered under the criterion of small company and the net worth of the Company as per the financial statement for the year 2022- 2023 is Rs.49,680/- (erosion of share capital) and reserve and surplus amounting to Rs. 50,320/-, the above fine has been imposed, . e Dated this |3day of March, 2024. /4 To 4. 5. 73 e 7 (3 ABB Emobility India Pvt. Ltd 2" Floor, Meghdhanush Complex, Race course, Vadodara-390007. Mr. Choodamani Nurani Kumar No. 31, 3" Floor, Vinayaka Arcade, Sampige Road, Malleswaram, Above Kanishka Jewellers, Bangalore-560 003. Shri Sunil Naik 504, 10™ “A” Main, 4™ Block, Basaveshwara Nagar, Bangalore- 560079 Registrar of Companies, Gujarat. Master File Office Copy (g (G. C. YADAY) Regional Director (NWR) Ahmedabad D (ANITA KLAIR) Joint Director For Regional Director