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Archive: August, 2024

Posts in August, 2024

Guarding Judicial Institutions is Highest Duty of Every Governmental Agency: Jharkhand HC

August 29, 2024 597 Views 0 comment Print

Jharkhand HC stresses the duty of government agencies to protect judicial institutions, highlighting grave security lapses affecting High Court Judges’ safety.

Purchase of property wrongly alleged as sale hence matter remanded back: ITAT Delhi

August 29, 2024 894 Views 0 comment Print

ITAT Delhi held that revenue has wrongly proceeded on mis-appreciation of facts of substantive nature as purchase of property wrongly alleged by AO as sale of property. Thus, matter remanded back to the file of AO.

Allahabad HC Quashes Stamp Duty Order – burden of proof to show land was non-agricultural was on authorities

August 29, 2024 783 Views 0 comment Print

The Allahabad High Court quashed a stamp duty order against Ramvati Rathore, ruling the land was agricultural, and ordered a refund of the amount paid.

SEBI proposes Maintenance of Record of Mandatory Communication By Regulated Entities

August 29, 2024 1197 Views 0 comment Print

SEBI seeks public comments on a proposal to mandate regulated entities to maintain records of mandatory communications for up to eight years.

SEBI Consultation Paper on Public Interest Directors’ Appointment

August 29, 2024 753 Views 0 comment Print

SEBI seeks feedback on proposals for improving the appointment process of Public Interest Directors (PIDs) on Market Infrastructure Institutions (MIIs) and easing their business operations.

RBI Introduces Scheme for Sovereign Green Bonds in IFSC

August 29, 2024 1263 Views 0 comment Print

The RBI launches a new scheme for trading and settlement of Sovereign Green Bonds in India IFSC, allowing foreign investors to participate with specific guidelines.

RBI Extends Interest Equalization Scheme for MSME Exporters

August 29, 2024 1074 Views 0 comment Print

RBI extends Interest Equalization Scheme on Rupee Export Credit for MSME exporters until August 31, 2024, with a cap of ₹1.66 Crore per IEC.

Non-Appointment of Key Personnel: MCA imposes Penalty of ₹75.18 Lakh

August 29, 2024 4539 Views 0 comment Print

Adjudication order under Section 203 of the Companies Act, 2013 for M/s Mahatamil Mining and Thermal Energy Ltd. Penalties imposed for key managerial personnel non-appointment.

Penalty Imposed for not mentioning DIN in Financial Statements

August 29, 2024 1419 Views 0 comment Print

MCA penalizes Singham Infraserv Pvt Ltd for failing to comply with Section 158 of the Companies Act, 2013. Penalty imposed for missing DIN in financial statements.

Educational Loan Facility to ICSI Students by Canara Bank

August 29, 2024 2139 Views 0 comment Print

Canara Bank offers educational loans to ICSI students with no collateral up to Rs 7.5 Lakhs, lower interest rates, and easy processing. Apply online.

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