ROC Gwalior Levies ₹61,000 Penalty for Failure to Maintain Registered Office — Satiate Agri Limited
Overview of the Adjudication Order
The Registrar of Companies, Gwalior, exercising adjudicatory powers under Section 454 read with Section 12(8) of the Companies Act, 2013, issued a penalty order against the Managing Director of Satiate Agri Limited for non-compliance with the mandatory registered office requirements prescribed under Section 12(1) of the Act. The adjudication order, bearing Order ID PO/ADJ/03-2026/GL/01780, was passed on 24th March 2026.
This case serves as a significant reminder for all incorporated entities that maintaining a functional and accessible registered office is not merely an administrative formality — it is a statutory obligation, non-compliance with which carries direct financial consequences for the officers in default.
Company and Individual Details
| Particulars | Details |
|---|---|
| Company Name | Satiate Agri Limited |
| CIN | L24111MP1986PLC003741 |
| Registered Office Address | 31 Sneh Nagar, F. No. 18, Vatsalay Chamber, Indore G.P.O., Indore, Madhya Pradesh – 452001 |
| Officer in Default | Sudhir Jain (DIN: 00046442) |
| Designation | Managing Director |
| Date of Appointment | 22.02.2025 |
Relevant Statutory Framework
Section 12(1) — Companies Act, 2013
Section 12(1) of the Companies Act, 2013 mandates that a company must have a registered office capable of receiving and acknowledging all communications and notices as may be addressed to it. This obligation is continuous in nature and must be fulfilled throughout the existence of the company.
Section 12(8) — Penalty Provision
Section 12(8) of the Companies Act, 2013 prescribes the penal consequences for failure to comply with the requirements of Section 12. The relevant provision reads as under:
"If any default is made in complying with the requirements of this section, the company and every officer who is in default shall be liable to a penalty of one thousand rupees for every day during which the default continues but not exceeding one lakh rupees."
Section 454 — Adjudication of Penalties
Section 454 of the Companies Act, 2013, read with the Companies (Adjudication of Penalties) Rules, 2014, empowers the Registrar of Companies — appointed through a Gazette Notification — to adjudicate penalties for violations under the Act. The Ministry of Corporate Affairs, through its Gazette Notification S.O. 831(E) dated 24/03/2015, appointed the undersigned Registrar as the Adjudicating Officer for this purpose.
Background and How the Default Came to Light
Complaint Received via CPGRAMs Portal
The matter was initiated pursuant to an online complaint filed through the CPGRAMs portal, vide complaint number DCOYA/E/2025/0003097 dated 21.05.2025, lodged by one Mr. Chanda Changlani against Satiate Agri Limited.