The government operationalised an Inter-Ministerial Group to monitor geopolitical impacts on supply chains and recommend mitigation measures to protect India’s exports.
IRDAIs consultation paper proposes a new regulatory framework requiring insurers to adopt Ind AS. The initiative is designed to modernize financial disclosures and ensure globally aligned reporting standards.
ROC imposed a ₹2 lakh penalty after a company failed to file consolidated financial statements in Form AOC-4 CFS. The order emphasizes mandatory filing obligations under Section 137 of the Companies Act.
ROC Gwalior penalized a company for failing to file Consolidated Financial Statements in Form AOC-4 CFS for FY 2017-18 as required under Section 137 of the Companies Act, 2013. The order highlights that incorrect disclosure in statutory filings and omission of CFS constitutes a compliance violation. Penalties were imposed on both the company and its directors.
ROC held that failure to deposit dividend in a separate bank account within five days of declaration violates Section 123(4), attracting penalty under Section 450.
ROC held that failure to disclose PAN and email IDs of allottees in the PAS-3 attachment violates Rule 14(6), attracting penalty under Section 450 of the Companies Act.
The Registrar of Companies imposed penalties after a company filed its annual return 245 days late in violation of Section 92 of the Companies Act, 2013. Despite claims of an inadvertent procedural lapse, the adjudicating authority held the company and its directors liable and levied monetary penalties.
The adjudicating authority held that failure to disclose the occupation of allottees in Form PAS-3 violates Rule 12(2). A penalty was imposed under Section 450 for non-compliance with disclosure requirements.
ROC held that failure to file Form MGT-6 within 30 days after receiving beneficial ownership declarations violates Section 89(6), attracting maximum penalties on the company and its director.
