Order for Sagar Industries’ statutory auditor’s penalty under Section 454 of the Companies Act for audit report violations. Hearing details and adjudication summary.
ROC Guwahati imposes a ₹40,000 penalty on M/s SDS Properties Ltd. for violations of financial reporting norms under Section 143(3)(h) of the Companies Act, 2013.
SEBI amends rules for InvIT unitholder board nominations, clarifying rights when overlapping with lender nominations. Effective immediately from August 6, 2024.
SEBI amends rules to clarify board nomination rights for REIT unitholders, ensuring no overlap with lender rights. Effective immediately from August 6, 2024.
New guidelines for the Committee of Creditors by IBBI focus on enhancing decision-making, transparency, and efficiency in insolvency resolution processes.
Explore the Carriage of Goods by Sea Bill 2024, outlining carrier responsibilities, liabilities, and rights based on international conventions and new provisions.
The Bills of Lading Bill 2024 updates the transfer of rights and liabilities to consignees and endorses, repealing the 1856 Act and introducing new provisions. (160 Characters)
The Banking Laws (Amendment) Bill, 2024 revises key provisions in the Reserve Bank of India Act, Banking Regulation Act, and related laws, including changes to financial reporting and banking operations.
ITAT Mumbai held that addition in respect of sale proceeds received for sale of shares on the stock exchange (BSE) as unexplained cash credit under section 68 of the Income Tax Act unjustified.
Bombay High Court held that it is not necessary that an assessment order should contain reference and/or discussion to disclose its satisfaction in respect of the each and every query raised.
