ROC Chennai ruled that boards must explain every audit qualification or adverse remark. Non-compliance resulted in penalties under the Companies Act.
ROC Chennai held that failure to disclose ICC compliance in the Board’s Report violates Section 134. The company and defaulting directors were penalised accordingly.
The regulator held that handing over management and operations to the suspended board without CoC approval violates core CIRP duties. The key takeaway is that IRPs/RPs must retain control and seek approval or ratification for any delegation.
The government has continued concessional interest support on short-term farm and allied activity loans through KCC. Prompt repayment can reduce the effective interest rate to 4%.
The notification updates the IEPF Authority’s composition by appointing an RBI Executive Director as an ex-officio member. The key takeaway is the revised institutional representation within the Authority.
The 2026 amendment introduces detailed metrological, technical, and safety standards for non-automated blood pressure devices. The key takeaway is mandatory compliance with precise accuracy limits, testing protocols, and durability requirements.
The Tribunal accepted the anti-profiteering report after the respondent agreed to pay ₹67.02 crore to eligible homebuyers. The ruling directs payment within three months along with applicable interest, closing the dispute through an undertaking.
The Tribunal held that allegations of profiteering were not substantiated after detailed verification of records and returns. It concluded that GST liabilities were duly discharged and the complaint was liable to be dropped.
Entities may appoint the same principal officer for specified intermediary roles, while maintaining separate leadership for distribution businesses to ensure oversight.
Draft governance amendments mandate a three-year cooling-off period after 10 years of continuous directorship to curb tenure circumvention and strengthen board independence.
