The Tribunal held that the scope of enquiry at the registration stage is limited to objects and genuineness of activities. The application was remanded after the trust undertook to delete clauses permitting overseas fund use.
The Calcutta High Court set aside the Single Judge’s order quashing a provisional attachment, holding that the matter had become academic after confirmation under Section 8(3) of the PMLA. The Court emphasized that parties must pursue statutory appellate remedies.
Jharkhand Gramin Bank has announced empanelment of retired Scale II–V officers for contractual concurrent audit roles. The engagement is for three years with defined eligibility conditions, remuneration options, and region-wise postings across Jharkhand.
The Court partly allowed the writ petition, noting that the petitioners claim was found genuine upon verification. Authorities were directed to reconsider restoration of GST registration from the original date.
Observing that the assessee invested the entire share of sale proceeds within two years and obtained possession, ITAT Pune allowed Section 54B exemption. The addition under Section 69A was consequently deleted.
Even though the form was auto-approved under STP mode, the adjudicating authority imposed penalty for inaccurate disclosure. Responsibility for correctness rests with the digital signatory.
ROC Kolkata imposed penalties under Section 172 after a public company failed to fill a Woman Director vacancy within the prescribed three-month period, resulting in 18 days of non-compliance.
The Adjudicating Officer held that omission of a mandatory valuation report in private placement filings violates Rule 12(7) and attracts penalty under Section 450 of the Companies Act. The plea of oversight was rejected, reinforcing strict compliance in statutory e-forms.
The High Court dismissed the petition challenging GST assessment orders due to unexplained delay. It held that lack of timely action bars relief under writ jurisdiction.
IRDAI Circular dated 12 February 2026 clarifies insurers’ investments in AIFs with Excusal Rights under Section 27E of the Insurance Act, 1938. The circular introduces compliance conditions, documentation requirements, auditor certifications, and revised single AIF exposure limits covering direct and indirect exposure through Fund of Funds.
