Follow Us:

Archive: 23 February 2026

Posts in 23 February 2026

ROC Imposes ₹8 Lakh Penalty for Failure to Timely Appoint Independent Directors

February 23, 2026 366 Views 0 comment Print

ROC Ahmedabad imposed penalties after finding prolonged non-compliance with mandatory Independent Director requirements. The ruling underscores that delay in board composition compliance attracts adjudication under Section 454.

ROC Mumbai Imposes Penalty for Incorrect AGM Date Mentioned in AOC-4 Filing

February 23, 2026 1407 Views 0 comment Print

The ROC Mumbai imposed a ₹10,000 penalty under Section 450 after an incorrect AGM date was mentioned in Form AOC-4. The order clarifies that authorized signatories are liable for inaccuracies in digitally signed e-forms, even if errors are inadvertent.

Possession without Occupancy Certificate cannot be forced upon homebuyers

February 23, 2026 1053 Views 0 comment Print

Supreme Court held that possession without an Occupancy Certificate cannot be forced upon the homebuyers. Accordingly, orders of NCDRC are affirmed and held that appellant shall continue to pay compensation as determined by the NCDRC without any default.

Prior testimony not admissible u/s. 33 of Indian Evidence Act as unavailability of witness not proved

February 23, 2026 3438 Views 0 comment Print

Delhi High Court held that prior testimony inadmissible under section 33 of the Indian Evidence Act, 1872 since prosecution didn’t prove that witness is unavailability for post charge cross-examination. Accordingly, appeal is dismissed.

Delaying CIRP due to settlement proposal without CoC approval is not justifiable

February 23, 2026 456 Views 0 comment Print

Supreme Court held that commercial wisdom of Committee of Creditors [CoC] is non-justiciable. Stalling CIRP on account of settlement proposal without approval by CoC is not justifiable.

Amendment application in company law not allowable as order doesn’t record any reasoning

February 23, 2026 288 Views 0 comment Print

NCLAT Chennai amendment application in company law matter not allowable since the order doesn’t record any reasoning. Accordingly, order stand quashed and question of maintainability is remitted back to be considered afresh.

Arrest Illegal if Written Grounds Not Supplied Before Remand: Supreme Court

February 23, 2026 768 Views 0 comment Print

The Supreme Court held that grounds of arrest must be furnished in writing and at least two hours before remand, failing which the arrest and custody become illegal.

No Separate GST Registration required if No Fixed Establishment Exists: AAR Rajasthan

February 23, 2026 627 Views 0 comment Print

The Authority held that a works contractor registered in Uttar Pradesh is not required to obtain separate GST registration in Rajasthan for a turnkey substation project. As no fixed establishment existed in Rajasthan, the location of supplier remained Uttar Pradesh.

Taxation of Social Media & Influencer Income under GST

February 23, 2026 2892 Views 3 comments Print

Explains how influencer earnings from collaborations, barter transactions, affiliate marketing, and digital courses are taxed under GST at 18%. Highlights registration thresholds and compliance requirements for creators.

Conversion of Section 8 Company Limited by Shares into Company Limited by Guarantee

February 23, 2026 1509 Views 0 comment Print

Explains when a Section 8 company can convert from limited by shares to limited by guarantee through ROC and when NCLT approval under Section 66 becomes mandatory due to share capital reduction.

Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930