Compounding Order under Section 441 of the Companies Act, 2013 in the matter of M/s. Ultra Green Energy Private Limited

CA No. 479/Sec.441/ RD (SR)/2025-26 BEFORE THE REGIONAL DIRECTOR (SOUTHERN REGION) CHENNAI MINISTRY OF CORPORATE AFFAIRS IN THE MATTER OF THE COMPANIES ACT 2013 AND SECTION 441 OF CA 2013 IN THE MATTER OF M/s. ULTRA GREEN ENERGY PRIVATE LIMITED

1. M/s. Ultra Green Energy Private Limited
2. Mrs. Shanthini, Director
3. Mr. Dhandapani Ramesh, Director Applicants Date of Hearing Present 07.04.2026 Mr. V. Balaram Kumar, Chartered Accountant ORDER This is an application filed under Section 441 of the Companies Act, 2013 by the above applicants for compounding the offence committed under Sec. 96 of the Companies Act, 2013. SI. No.

Violation Sec. 96 of the Companies Act, 2013 Details / Nature of Violation As per Section 96(1) of the Companies Act, 2013 every company other than one person company shall in each year hold its Annual General Meeting (AGM) each year within six months from the closure of the financial year, with a maximum gap of fifteen months between two consecutive AGM. The AGM must be held within six months from the end of the financial year. The company ought to have held the AGM for the financial year ended 31.03.2024 on or before 30.09.2024.

two consecutive AGM. The AGM must be held within six months from the end of the financial year. The company ought to have held the AGM for the financial year ended 31.03.2024 on or before 30.09.2024. However, the company has convened the said AGM belatedly on 21.01.2025 and thereby contravened the provisions of Section 96 of the Companies Act, 2013. As per Sec.99 ot the Act, if any default is made in holding a meeting of the company in accordance tvith section 96 or section 97 or section 98 or in compLying tv{th any d{yect ions of the Tribunal , the company and everly officer of the company zoho is in default shall be punishable ltdth fIle it)hick may extend to one lakh rupees and in the case of a coat{nang default, tvith a furthey Bae rvhich may extend to $ve thousand rupees for every day dttring zohidt such default continues . 2. The Registrar of Companies, Coimbatore vide letter datgd 12.02.2026 had reported that the company had filed Form GNL-1 vide SRN: AC1222617 dated 04.02.2026. ROC 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.

dated 04.02.2026. ROC 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.

The applicants in their application have stated that the delay in holding the AGM was due to non-finalization of accounts in time, which was not willful or deliberate and prayed to compound the offence. 4. At the hearing held on 07.04.2026, the Authorized Representative of the Applicants had further avered that the company is incorporated in the year August 2022, and that this is the first AGM and that due to ignorance of law and due to absence of professional advice, the offence has been commit Rd and that since the offence has been made good, with a delay of 113 days, pleaded to take a l9nient view and compound the offence. 5. That taking into consideration the submissions made, facts of the case and the report of Registrar of Companies, Coimbatore dated 12.02.2026, the following compounding fees were directed' to be paid as pre-condition for compounding the above said offence committed by the applicants SI. No, Applicant Compounding fee payable by applicant (in Rupees) 20,000.00 10,000.00 10,000.00 40,000.00 M/s. Ultra Green Energy Private Limited 1 s t Total 6. That pursuant 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/ Date Amount Paid (Rs.) 20,000.00 1 M/s. Ultra Green Energy Private Limited Mrs. Shanthini, Director Mr.

and submitted receipts evidencing payment of compounding fees as detailed below: Applicant SRN/ Date Amount Paid (Rs.) 20,000.00 1 M/s. Ultra Green Energy Private Limited Mrs. Shanthini, Director Mr. Dhandapani Ramesh, Director Total UU26C)3214 dated 16.04.2026 UU2596265 dated 15.04.2026 UU2596188 dated 15.04.2026 40,000.00 Therefore, the offences mentioned above as against the said three 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. 1NC-28 within 30 days from the date of receipt of this order. Dated at Chennai this the 24tl1 day of April 2026. (M.JkY REGIO&AL DIRECTOR To

1. M/s. Ultra Green Energy Private Limited D.No. 3/ 2, 1Vluthusamy Street Extension, 1$t Street, Tirupur, Coimbatore – 641 602.
2. Mr. Dhandapani Ramesh, Director No. 2, Muthusamy Street, 6th Cross, Odakadu, Tiruppur, Coimbatore - 641 602.
3. Mrs. Shanthini, Director No. 2, Muthusamy Street, 6th Cross, Odakadu, Tiruppur, Coimbatore – 641 602.
4. The Registrar of Companies, Coimbatore.