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Updates from NFRA

In August 2024, the Ministry of Corporate Affairs (MCA) issued the Companies (Adjudication of Penalties) Amendment Rules, 2024 (amendment rules), introducing an e-adjudication platform developed by the central government. According to the amendment rules, all adjudication proceedings—including the issuance of notices, filing of replies or documents, submission of evidence, conducting hearings, attendance of witnesses, issuance of orders, and payment of penalties—by the adjudicating officer and regional director would be conducted electronically via the e-adjudication platform.

Subsequently, on 9 October 2024, the MCA provided a clarification through the Companies (Adjudication of Penalties) Second Amendment Rules, 2024. This clarification states that any proceedings pending before an Adjudicating Officer or Regional Director as of the effective date of the Adjudication Amendment Rules, i.e., 16 September 2024, would continue under the provisions that were in place prior to the commencement of the amendment rules.


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