Easy Funds Finance Pvt Ltd and directors penalized for failing to file Annual Returns and Financial Statements. Total penalties amount to ₹2,49,100.
New amendments to Foreign Exchange Management Rules ease cross-border share swaps and foreign investments in Indian startups and ATMs.
Justice Talwant Singh appointed as Chairperson of the Appellate Authority for professional institutes under the Chartered Accountants, Cost and Works Accountants, and Company Secretaries Acts.
New Geographical Indications Inquiry and Appeal Rules 2024 simplify procedures for handling complaints and appeals under the GI Act.
Trade Marks (Holding Inquiry and Appeal) Rules 2024 now in effect. New procedures for complaints, inquiries, and appeals under the Trade Marks Act, 1999.
DGFT introduces eCoO 2.0 for Non-Preferential Certificates of Origin. New features include multi-user access, e-signature options, and an integrated dashboard.
NCLT Amravati held that application filed by SBI (creditor) u/s. 95 of the Insolvency and Bankruptcy Code, 2016 for initiation of insolvency procedure dismissed as demand notice not served to Personal Guarantor on correct address.
Bombay High Court held that amount payable has been quantified before 30th June 2019 and hence eligible to avail benefit under Sabka Vishwas Legacy Dispute Resolution Scheme (SVLDRS).
Zuari Agro Chemicals faces a ₹6 lakh penalty for violating Section 197 of Companies Act, 2013, by paying excess remuneration to its Managing Director without required approvals.
SEBI has released a consultation paper seeking public feedback on expanding the scope of the sustainable finance framework within the Indian securities market. This move aligns with recent budget announcements aimed at simplifying compliance and promoting sustainable finance.
