Compounding Order under Section 441 of the Companies Act, 2013 in the matter of M/s. Sacred Heart of jesus nidhi limited

CA No.457/Sec.441/RD (SR)/2025-26 BEFORE THE REGIONAL DIRECTOR (SOUTHERN REGION) MINISTRY OF CORPORATE AFFAIRS CHENNAI IN THE MAHER OF THE COMPANIES ACT 2013 AND SECTION 441 OF CA 2013 IN THE MATTER OF M/s. SACRED HEART OF IESUS NIDHI LIMITED

1. MI s. Sacred Heart of Jesus Nidhi LinUted
2. Mr. Domililil Raja Antony, Ex- Managjng Director . . . . Applicants Date of Hearing Present 18.02.2026 Shri. A. Amatha Rajan, Chartered Accountmrt Authorised Representative ORDER This is an application filed under Section 441 of the Comparaes Act, 2013 by the above applicants for compounding of offence committed under Rule 3(1)(da) of Nidhi Rules, 2014. Sl. No.

Violation Details/Nature of Violation Rule 3(1)(da) of Nidhi Rules, 2014 As per Sec. 406(1) m=C) mama "Mutual Benefit Society" means a company which the Central Government may, by notification in the Official Gazette, declare to be a Nidhi or Mutud Benefit Society, as the case may be. As per Rule 3(1)(da) of Nidhi Amendment Rules, 2019, “Nidhi means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from and lending to its members only for their mutual benefit and which complies with the rules made by the Central Government for regulation of such class of companies". The Ministry, while processing NDH-4 filed vide SRN.

members only for their mutual benefit and which complies with the rules made by the Central Government for regulation of such class of companies". The Ministry, while processing NDH-4 filed vide SRN. F20209409, observed from the information furnished in MGT-7 filed for the year ended 31.03.2022 that seven promoters of the Company are holding 78.88% of the paid -up capital, while other 919 members are holding 21.12% of the paid-up capital, thereby concluded that the company is not functioning as a Nidhi Company, in consonance with the provisions of Rule 3(1)(da) of Nidhi Rules, 2014. 2. The Registrar of Companies, Chennai vide letter dated 18.02.2026 had reported that the company had filed Form GNL-1 vide SRN: AB9903525 dated 10.01.2026 for compounding the violation. ROC has further reported that this is the first offence and that no prosecution is filed for the above said offence. Also, Roc has conveyed no objection for compounding the violation. 3. The applicant has moved compounding application informing that the offences were not wilful or deliberate and was only due to inadvertence. 4. At the hearing held on 18.02.2026, the Authorized Representative of the Applicants had reiterated the submissions made in the application and prayed to take a lenient view.

due to inadvertence. 4. At the hearing held on 18.02.2026, the Authorized Representative of the Applicants had reiterated the submissions made in the application and prayed to take a lenient view.

That taking into consideration the submissions made, facts of the case and the report of Registrar of Companies, Chennai dated 18.02.2026, the following compounding fees were directed to be paid as pre-Condition for compounding the above said offence committed by the applicants. Applicant Compounding fee payable by applicants (in Rupees) 15,000.00 10,000.00 M/ s. Sacred Heart of Jesus Nidhi Limited Mr. Domililil Raja Antony, Ex- Director 25,000.00 6. That pursumrt to the above directions, the applicants have remitted the compounding fees imposed and submitted receipts evidencing payment of compounding fees as detailed below : Applicant SRN No./Date Amount :d 15,000.00 10,000.00 ms Bmart of Jesus Nidhi Limited r x- Managing Director TOTAL UU2168133 dated 23.02.2026 UU2233672 dated 02.03.2026 Therefore, the offences as mentioned above as against the said two applicants stands compounded and the compounding application is hereby allowed and disposed off 7. The Company is directed to give intimation to the Registrar of Companies concerned within 7 days from the date on which the offence is so compounded in compliance of Sub-Section (3)(b) of Section 441 of the Companies Act, 2013 and the company shall also file this order as per the provisions of Section 441(4) read with Section 403 of the Companies Act, 2013 in eform No.

ction (3)(b) of Section 441 of the Companies Act, 2013 and the company shall also file this order as per the provisions of Section 441(4) read with Section 403 of the Companies Act, 2013 in eform No. 1NC-28 within 30 days from the date of receipt of this order. Dated at Chennai this V
UMAR IN DIRECTOR
(M. J. REGION To

1. M/s. Sacred Heart of Jesus Nidhi Limited No. 3413, Church of the Sacred Heart of Jesus, Parakuntu, Vanniyoor, Vilavancode, Tamil Nadu - 629 163. {
2. Mr. Domililil Raja Antony, Ex- Managing Director No. 27/14C, Konnakuzhivilai, Kalkulam, Tamil Nadu - 629 180.
3. The Registrar of Companies, Chennai.