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Archive: 12 July 2024

Posts in 12 July 2024

BSE Recognized as RAASB and IAASB by SEBI

July 12, 2024 1956 Views 0 comment Print

SEBI recognizes BSE as the Research Analyst and Investment Adviser Supervisory Body (RAASB and IAASB) for five years starting July 25, 2024. Learn more here.

RBI Withdraws 17 Obsolete Circulars for Simplification

July 12, 2024 1668 Views 0 comment Print

The RBI has withdrawn several outdated circulars to streamline and simplify banking guidelines. Learn about the changes and their implications for scheduled commercial and foreign banks

IBBI suspends valuer for misuse of IBBI’s name/logo and misleading declarations

July 12, 2024 1650 Views 1 comment Print

Explore the IBBI’s decision on Mr. Gopal Krishna Raju regarding violations under the Companies Act, 2013 and Valuation Rules, including misuse of IBBI’s name/logo and misleading declarations.

IFSCA (Board for Regulation and Supervision of Payment and Settlement Systems) Regulations, 2024

July 12, 2024 564 Views 0 comment Print

Explore the International Financial Services Centres Authority (IFSCA) Regulations 2024, governing payment and settlement systems in IFSCs. Learn about its composition, duties, and impacts.

CSR provision Violation -Section 135(5): MCA Imposes Penalty of ₹1.06 Crore

July 12, 2024 5448 Views 0 comment Print

Read the detailed penalty order issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli against Ganesh Green Bharat Limited under Section 135(5) of the Companies Act, 2013.

Non-Maintenance of Registered Office: Section 12 of Companies Act violated: MCA levied ₹6 Lakh Penalty

July 12, 2024 507 Views 0 comment Print

Kerala’s Registrar of Companies imposes ₹6 lakh penalty on Guruvayoor Akshaya Kuries Pvt Ltd for non-maintenance of registered office. Details of the adjudication order.

Compensation Cess exempted on Aerated Beverages & Energy Drinks to Defence Canteens

July 12, 2024 1311 Views 0 comment Print

CBIC exempt Compensation cess on supply of aerated beverages and energy drinks to authorised customers by Unit Run Canteens under Ministry of Defence vide Notification No. 01/2024-Compensation Cess (Rate) | Dated: 12th July, 2024 as per Recommendations of 53rd GST Council Meeting

‘HaRBInger 2024- Innovation for Transformation’

July 12, 2024 2346 Views 0 comment Print

Discover RBI’s third global hackathon, ‘HaRBInger 2024 – Innovation for Transformation,’ aimed at enhancing India’s financial landscape through innovative solutions.

Summary of 4 GST circulars issued by CBIC on 11th July 2024

July 12, 2024 18210 Views 0 comment Print

Summary of CBIC’s circulars issued on July 11, 2024, clarifying GST recovery, corporate guarantees, IGST refunds, and CSD refunds as per GST Council’s recommendations.

Removal of Directors: Section 169 of Companies Act, 2013

July 12, 2024 6537 Views 0 comment Print

Learn the detailed procedure for the removal of directors under Section 169 of the Companies Act, 2013, including non-applicability, steps involved, and filling vacancies.

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