LUXURY TIME LIMITED: PROCEDURAL CLOSURE OF DEFAULT RELATED TO FINANCIAL STATEMENTS

• Received final Compounding Order dated September 21, 2026, from the Office of the Regional Director (Northern Region-I), Ministry of Corporate Affairs, relating to default under Section 129 of the Companies Act, 2013. • The default concerned non-preparation and filing of consolidated financial statements of its joint venture for FYs 2019-20 to 2023-24. • Applicant directors Ashok Goel and Pawan Chohan paid a compounding fee of ₹1,00,000/- per year of default. • The company is to file Form INC-28 with the jurisdictional Registrar of Companies. Impact: Procedural closure of default with payment of compounding fee by directors.

Luxury Time Ltd

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