Compounding Order under Section 441 of the Companies Act, 2013 in the matter of M/s. Ayyappakkam Nidhi Limited

CA No.440/Sec.441/RD (SR)/2025-26 BEFORE THE REGIONAL DIRECTOR (SOUTHERN REGION) MINISTRY OF CORPORATE AFFAIRS CHENNAI IN THE MATTER OF THE COMPANIES ACT 2013 AND SECTION 441 OF CA 2013 IN THE MATTER OF M/s. AYAPPAKKAM TNHB NIDHI LIMITED 1. 2. 3. 4. 5. 6. 7 8. 9. 10. 11. 12 13. 14. 15. MIS. AYAPPAKKAM TNHB NIDHI LIMITED Mr. Pugazhenthi Thangavelu - Director Mr. Kalambur Subramaniam Kumar - Director Mr. Dharman Moorthy - Director Mr. Deiveegan Lakshmanan - Director Mr. Ravi Raman - Director Mr. Sundar Arumugasamy - Director Mr. Seenu Murugesan - Director Mr. Kumar Arumugam - Director Mr. Elumalai Subramani - Director Mr. Jai Sankar Murugesan - Director Mr. Kuppusamy Ramasamy - Director Mr. Vekatesan Sivaprakasam – Director Mr. Sukumaran Somasundaram - Director Mr. Ganesan Shanmugam - Director . . . . Applicants Date of Hearing Present 18.02.2026 Mr. T. Pugazhenthi - Director & Mr. S.M. Sukumaran - Director. ORDER This is an application filed under Section 441 of the Companies Act, 2013 by the above applicants for compounding of offence committed under Rule 23 A of Nidhi Rules, 2014 SI. No. 1. Violation Details / Nature of Violation Rule 23A of Nidhi Rules, 2014 As per Sec.

ct, 2013 by the above applicants for compounding of offence committed under Rule 23 A of Nidhi Rules, 2014 SI. No. 1. Violation Details / Nature of Violation Rule 23A of Nidhi Rules, 2014 As per Sec. 406(1) of the Companies Act, 2013, “Nidhi” or “Mutual Benefit Society" means a company which the Central Government may, by notification in the Official Gazette, declare to be a Nidhi or Mutual Benefit Society, as the case may be. As per Rule 23 A of Nidhi Rules, 2014, "Every company referred to in clause (b) of rule 2 and every Nidhi incorporated under the Act, before the commencement of Nidhi (Amendment) Rules, 2019 shall also get itself declared as such in accordance with rule 3 A within a period of one year from the date of its incorporation or within a period of one year from the date of its incorporation or within a period of nine months from the date of commencement of Nidhi (Amendment) Rules, 2019, whichever is later". The Ministry, while processing the NDFI-4, observed that the company ought to have filed NDH-4 on or before 15.11.2019, and the same was filed belatedly on 16.10.2020, thereby violated Rule 23 A of the Nidhi Rules, 2014.

ocessing the NDFI-4, observed that the company ought to have filed NDH-4 on or before 15.11.2019, and the same was filed belatedly on 16.10.2020, thereby violated Rule 23 A of the Nidhi Rules, 2014.

The Registrar of Companies, Chennai Vide letter dated 19.12.2025 had reported that the company had filed Form GNL-1 vide SRN: AB9264737 dated 24.11.2025. ROC further reported that this is the first offence and that no prosecution is filed for the above said o£fence. Also, ROC has conveyed no objection for compounding the violation. 3. The applicants, in the application submitted for compounding the said offence, by admitting the same, stated that the offence committed was not willful or deliberate and prayed to compound the offence. 4. At the hearing held on 18.02.2026, the Authorized Representatives of the Applicants had reiterated the submissions made in the application and pleaded to take a lenient view 5. That taking into consideration the submissions made, facts of the case and the report of Registrar of Companies, Chennai dated 19.12.2025, the following compounding fees were directed to be paid as pre-condition for compounding the above-said oHence committed by the applicants. SI No. Applicants Compounding fee payable by applicants (in Rupees) 1. M/S. AYAPPAKKAM TNHB 6,000 4,O'OO 2. 3. 4. 5. Mr. Pugazhenthi Thangavelu – Director Mr. Kalm;minimMIra 4,000 Mr. Dhami–mmI== 4,000 4,000 4,000 4,000 Mr. Deiveegan Laksh;nanan - Director Hmm;mm- 7. Mr.

/S. AYAPPAKKAM TNHB 6,000 4,O'OO 2. 3. 4. 5. Mr. Pugazhenthi Thangavelu – Director Mr. Kalm;minimMIra 4,000 Mr. Dhami–mmI== 4,000 4,000 4,000 4,000 Mr. Deiveegan Laksh;nanan - Director Hmm;mm- 7. Mr. Sundar Arumugasamy - Director =Mmmlmlm8= Hamm;MMFg= I 4,000 4,doo 4,000 4,000 HIiimm;a-Inaim Fminmimrm&:m t 4:000 4,000 4,000 4,000 14. Mr. Sukumaran Soma[m nG Total 62,000 6. That pursuant to the above directions, the applicants have renatted the compounding fees imposed and submitted Receipts evidencing payment of compounding fees as detailed below:

SI. No. Applicants SRN No./Date Amount Paid(Rs.) 1. 2. 3. 4. M/S. AYAPPAKKAM TNHB NIDHI LIMITED UU2318454/ dt: 12-03-2026 6,000 4,000 4,000 4,000 4,000 Mr. Pugazhenthi Thangavelu - Director UU2318563/ dt: 12-03-2026 Mr. Kalambur Subramaniam Kumar - Director UU2:319091/ dt, 12-03-2026 Mr. Dhal:man Moorthy - Director UU2319196/ dt: 12-03-2026 l Director t UU2319546/ dt: 12-03-2026 UU2320433/ dt: 12-03-2026 4,000 4,000 4,000 4,000 D UU2320609/ dt: 12-03-2026 a-ig UU2320693/ dt: 12-03-2026 t UU2320786/ dt, 12-03-2026 I UU2321839/ dt: 12-03-2026 4,000 4,000 t UU2321919/ dt: 12-03-2026 12. 13. 14. Mr. Kuppusamy Ramasamy - Director Mr. Vekatesan Sivaprakasam - Director Mr.

dt: 12-03-2026 t UU2320786/ dt, 12-03-2026 I UU2321839/ dt: 12-03-2026 4,000 4,000 t UU2321919/ dt: 12-03-2026 12. 13. 14. Mr. Kuppusamy Ramasamy - Director Mr. Vekatesan Sivaprakasam - Director Mr. Sukumaran Somasundaram - Director UU2322097/ dt: 12-03-2026 4,000 uu2322365/ dt, 12-03-2026 4,000 4.000 UU2322467/ dt, 12-03-2026 ) UU2322670/ dt: 12-03-2026 4,000 62,000 Total Therefore, the offence mentioned above as against the said fifteen applicants stands compounded and the compounding application is hereby allowed and disposed off Z 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 e-form No. 1NC-28 within 30 days from the date of receip+ 61 this order. ” : ' Dated at Chennai this the 23rd day of March 2026. (M.J/AYAI REGIONAL DIRECTOR

ection 403 of the Companies Act, 2013 in e-form No. 1NC-28 within 30 days from the date of receip+ 61 this order. ” : ' Dated at Chennai this the 23rd day of March 2026. (M.J/AYAI REGIONAL DIRECTOR

/ To

1. M/S. AYAPPAKKAM TNHB NIDHI LIMITED NO.9024, TNHB, AYAPPAKKAM , CHENNAI, Tamil Nadu, India - 600077.
2. Mr. Pugazhenthi Thangavelu - Director NO.8909, TNHB, AYAPPAKKAM, CHENNAI - 600077.
3. Mr. Kalambur Subramaniam Kumar - Director No.4451, 5th Main Road, Ambatt:ur, Ayappakkam, Thiruvallur-
5. Mr. Dharman Moorthy - Director No.882, TNHB Second Main Road First Street, Ayappakkam, Chennai - 600077.

Mr. Deiveegan Lakshmanan - Director NEW NO.1/26. OLD NO.1/84, JAIN NAGAR, JAYALALITHA STREET, AYAPPAKKAM, THIRUVALLUR - 600077. 6. Mr. Ravi Raman - Director NO.2221 TNH B. AYAPPAKKAM, THIRUVALLUR - 600077 7. Mr. Sundar Arumugasamy - Director 22, CAMP ROAD, AYAPAKKAM, AMBATTUR, TIRUVALLUR - 600077. 8. Mr. Seenu Murugesan - Director 17/ 6, KAMARAJAR STREET, CHELLIAMMAN NAGAR EXTN, ATHIPATTU, AMBATTUR, THIRUVALLUR

9 Mr. Kumar Arumugam - Director 39, AMBETHKAR STREET, ANNAI ANJUGAM NAG AR, AYAPPAKKAM, TIRUVALLUR - 600077

6, KAMARAJAR STREET, CHELLIAMMAN NAGAR EXTN, ATHIPATTU, AMBATTUR, THIRUVALLUR

9 Mr. Kumar Arumugam - Director 39, AMBETHKAR STREET, ANNAI ANJUGAM NAG AR, AYAPPAKKAM, TIRUVALLUR - 600077

10. Mr. Elumalai SUbraInani - Director NO.3/2, PATTALI STREET, ANNAI ANJUTHAM NAGAR, AYAPPAKKAM, AMBATTUR, TIRWALLUR -. 600077. 11. Mr. Jai Sankar Murugesan - Director PLOT NO.5393, NEAR KRISHN AS AMY MATRICULATION SCHOOL, TNHB, AMBATTUR, AYAPAKKAM, THIRUVALLUR - 600077. 12. Mr. Kuppusamy Ramasamy - Director NO.9662, TNHB, AYAPPAKKAM, TIRUVALLUR - 600077. 13. Mr. Vekatesan Sivaprakasam - Director NO.24, BHARATHIDASAN NAGAR, ATHIPATTU, AMBATTUR INDUSTRIAL ESTATE, TIRUVALLUR - 600058. 14. Mr. Sukumaran SomasundaraIn - Director NEW NO.4, GANESH NAG AR, AYAPAKKAM, AMBATTUR, CHENNAI - 600077. 15. Mr. Ganesan Shanmugam - Director NO.7/134, 54TH STREET, SIDCO NAG AR, VILLIVAKKAM, CHENNAI - 600049. 16. The Registrar of Companies, Chennai.