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Archive: August, 2024

Posts in August, 2024

Failure to obtain & submit Secretarial Audit Report: MCA imposes penalty

August 23, 2024 3363 Views 0 comment Print

Faurecia India fined for failing to include Secretarial Audit Report in Board Report under Section 204 of Companies Act, 2013, by Maharashtra ROC.

MCA Imposes Penalty for Insufficient Prominence of Proxy Details in Meeting Notices

August 23, 2024 1146 Views 0 comment Print

The Registrar of Companies, Maharashtra, Pune, issued an adjudication order penalizing Vitthal Corporation Limited under Section 105 of the Companies Act, 2013.

Delay in filing of From BEN-2 – MCA imposes Penalty

August 23, 2024 903 Views 0 comment Print

Adjudication order issued for Jain Recycling Pvt Ltd for non-compliance with Section 90 of the Companies Act, 2013. Details of violations and penalties outlined.

Non-Filing of E-Form CHG-4 for Satisfaction of Charge: MCA Imposes Penalty

August 23, 2024 2613 Views 0 comment Print

Cryo Scientific Systems fined for not filing e-form CHG-4 to report satisfaction of charge under Section 82 of the Companies Act, 2013.

ITC Denial for Supplier Default; No Natural Justice Violation: HC Advises statutory Remedies

August 23, 2024 2202 Views 0 comment Print

Madras HC upholds reversal of ITC in Vijay Impex case, finds no violation of natural justice despite petitioner’s compliance with Circular No. 183.

Non-Disclosure of Loans & Director Remuneration in Related Party Transactions: MCA imposes Penalty

August 23, 2024 1899 Views 0 comment Print

Cryo Scientific Systems Private Limited fined for non-disclosure of related party transactions and remuneration, violating Section 134 of the Companies Act, 2013.

Bombay HC quashes GST order for not considering Chartered Accountant’s Letter

August 23, 2024 1047 Views 0 comment Print

The Bombay High Court quashed the 2023 order against Kabir Traders, remanding the case for reconsideration and reversing a debited amount of ₹8,15,489.

Live Course on Grow Your IDT Practice & Preparation for GSTAT (GST Tribunal)

August 23, 2024 4992 Views 0 comment Print

Join our webinars on GST Tribunals preparation. Learn to grow your IDT practice and prepare for GSTAT with expert guidance. Register now for ₹899 + GST!

Calcutta HC Permits GST Registration Restoration Upon Filing Overdue Returns & Payment of Dues

August 23, 2024 543 Views 0 comment Print

Calcutta HC grants small retailer another chance to restore GST registration, subject to filing overdue returns and paying dues within three weeks.

Excess Stock Should Be Addressed under Sections 73 & 74 GST Act, Not Section 130: Allahabad HC

August 23, 2024 1896 Views 0 comment Print

The Allahabad High Court ruled that excess stock in a GST survey should trigger proceedings under Sections 73 & 74, not confiscation under Section 130.

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