Roc filling

DEVINDER SINGH THAKUR (M.T) (28 Points)

18 March 2014  

An unlisted public company has not filed its annual accounts/return and didn’t conduct its AGM since 2010 till date. It’s a defaulted company according to ROC.
1. What are its consequences?
2. What are the remedial steps to bring the company on track and how much the penalty will be imposed?
Plz explain.