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Archive: 30 April 2024

Posts in 30 April 2024

Appellant is unsecured Financial Creditor as creation of security interest on assets of Corporate Debtor not proved: NCLAT Delhi

April 30, 2024 1005 Views 0 comment Print

NCLAT Delhi held that as creation of security interest on the assets of Corporate Debtor not proved by any documents, Resolution Professional duly declared Appellant as unsecured Financial Creditor.

The Battlefield of Tomorrow: Exploring AI in Warfare

April 30, 2024 387 Views 0 comment Print

Delve into the realm of AI in warfare, exploring its transformative potential, ethical considerations, and regulatory challenges, and envisioning a future of responsible innovation and global security.

AI Predictive Analytics for Human Rights in India: Cultural Complexity in Definition & Codification

April 30, 2024 309 Views 0 comment Print

Explore the complexities of implementing AI predictive analytics for human rights protection in India, addressing cultural nuances and ensuring ethical AI usage. Learn how interdisciplinary collaboration can navigate challenges and enhance justice delivery.

Ownership of Text Generated by AI Models: Intellectual Property Considerations

April 30, 2024 327 Views 0 comment Print

Explore the evolving landscape of AI-generated content and copyright law. Who should own the text generated by AI models? Dive into the intellectual property considerations and advocate for the rights of the prompter.

MCA Imposes Penalty for failure to maintain registered office

April 30, 2024 1026 Views 0 comment Print

Discover the penalty imposed on Bluemax Capital Solution Pvt Ltd by MCA for failure to maintain a registered office. Learn about the violations, penalties, and compliance steps required.

Fund manager for Mutual fund schemes investing in commodities & overseas securities

April 30, 2024 384 Views 0 comment Print

Explore SEBIs latest circular easing compliance for mutual funds investing in commodities and overseas securities. Learn about optional fund manager appointments and regulatory updates.

SEBI Circular: Nomination Exemption for Jointly Held Mutual Fund Folios

April 30, 2024 531 Views 0 comment Print

SEBI’s latest circular exempts jointly held mutual fund folios from nomination requirements, simplifying compliance and promoting ease of doing business.

Non-Mention of Related Party Contracts in AOC-2: MCA Imposes ₹4.5 Lakh Penalty

April 30, 2024 8433 Views 0 comment Print

MCA penalizes Bluemax Capital Solution Pvt. Ltd. ₹4.5 Lakh for failing to disclose related party transactions in AOC-2, violating Section 134(3)(h) of the Companies Act, 2013.

Company Fined ₹6 Lakh for Not Registering Charges: MCA Order

April 30, 2024 1377 Views 0 comment Print

MCA imposes ₹6 Lakh penalty on Janaki Ram Steel and Power Pvt Ltd for failing to register charges in CHG-1 form with Registrar. Learn more about the case and implications.

Default in filing Annual Return: MCA imposes penalty of Rs. 2,75,100

April 30, 2024 579 Views 0 comment Print

Learn about the adjudication under Section 92 of the Companies Act, 2013 for failure to file annual returns. Detailed analysis of penalties imposed on Ws. Bluemax Capital Solution Pvt Ltd and its directors.

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