Annual Secretarial Compliance Report of Shree Hanuman Sugar & Industries Limited (Under CIRP) for the year ended 31st March, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Hanuman Sugar & Industries Ltd is under Corporate Insolvency Resolution Process (CIRP) since 27th September 2024, as ordered by NCLT Kolkata Bench. The secretarial compliance report shows one non-compliance: Regulation 6(1) regarding appointment of a Company Secretary. BSE has imposed a fine for this violation. Due to CIRP, the Board of Directors has been suspended and all powers now vest with the Resolution Professional (RP). Regulations 17, 18, 19, 20, and 21 of SEBI LODR are exempted during the insolvency period. No directors are disqualified under Section 164 of Companies Act, 2013. The RP is in the process of complying with the CS appointment requirement.
The company remains in insolvency proceedings with limited governance functioning. The BSE fine for non-compliance with CS appointment adds to regulatory pressure. Shareholders should note that stock exchange governance requirements are largely suspended during CIRP, and the company's future depends on the resolution process outcome.