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CAAS Moves Supreme Court on ITAT Vacancies

April 18, 2026 525 Views 0 comment Print

The issue concerns massive backlog in ITAT caused by unfilled positions and delayed appointments. The intervention highlights that immediate operationalisation of approved members is necessary to restore efficiency and timely justice.

IBBI Proposes Amendments to IBBI (Liquidation Process) Regulations, 2016

April 17, 2026 393 Views 0 comment Print

The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions. This ensures improved transparency and accountability in the process.

MCA Consultation on Filing Reforms & Simplifying Compliance for Viksit Bharat 2047

April 17, 2026 540 Views 0 comment Print

The initiative addresses inefficiencies in the current filing system and proposes consolidation and automation. It highlights a shift toward simplified, user-friendly compliance.

FIU-IND Signs MoUs with SEBI & PFRDA to Strengthen AML Framework

April 17, 2026 354 Views 0 comment Print

The agreements introduce structured protocols for intelligence sharing and monitoring compliance under PMLA. The ruling highlights the importance of coordinated oversight in tackling financial crimes.

DoT & SEBI Sign MoU to Strengthen Fight Against Telecom-Linked Financial Frauds

April 17, 2026 3663 Views 0 comment Print

The issue involved misuse of telecom resources in financial scams. The MoU establishes real-time data sharing to enable early detection and strengthen investor protection.

Commerce Ministry Launches Integrated Website & Mobile App for Seamless Trade Access

April 17, 2026 285 Views 0 comment Print

The issue addressed was fragmented access to trade information. The initiative introduces a unified platform and mobile app to enhance transparency, accessibility, and ease of doing business.

IBBI Proposes Creditor-Led Insolvency Framework to Enable Faster Resolution

April 17, 2026 390 Views 0 comment Print

The proposal focuses on enabling creditors to initiate resolution while retaining debtor management under supervision. It sets out detailed steps for initiation, resolution planning, and timelines. The key takeaway is a time-bound framework designed to reduce delays in insolvency cases.

Representation on Top 10 Issues in GST Enforcement Actions

April 17, 2026 1212 Views 0 comment Print

The case highlights that summons lacking details of the underlying inquiry violate procedural fairness. It underscores the need for transparency to ensure lawful and non-arbitrary GST enforcement.

MCA Prescribes OTP-Based Email Update Process for Companies and LLPs

April 17, 2026 933 Views 0 comment Print

The MCA introduced a streamlined process for updating registered email IDs of companies and LLPs. The update ensures seamless receipt of regulatory notices and improves data accuracy across the MCA21 portal.

MCA Advisory: Fix ‘DSC Not Registered with DIN’ Error in DIR-3 KYC

April 17, 2026 1926 Views 0 comment Print

The issue involves failure in DIR-3 KYC filing due to DSC mismatch. MCA clarified that proper DSC registration with DIN is mandatory to complete compliance successfully.

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