ROC imposed penalties for not filing DIR-12 to record director resignation. The ruling highlights strict compliance requirements for maintaining statutory records under the Companies Act.
The authority rejected reliance on indemnity agreements to avoid statutory liability. It held that directors remain accountable for compliance failures regardless of private arrangements.
The authority penalized the company for failing to ensure minutes were signed by the Chairman as required. It held that deviation from prescribed procedure violates statutory compliance norms.
Failure to accurately record board meeting details resulted in statutory violation. Authorities imposed penalties emphasizing strict compliance with minute-keeping provisions.
The Tribunal held that a notice under Section 143(2) issued by an unauthorized officer renders the entire assessment invalid. It ruled that jurisdictional defects cannot be cured and quashed the assessment.
CBDT updated DIN rules to align with new provisions introduced under the Finance Act, 2026. The circular mandates DIN for most tax communications, ensuring greater transparency and legal validity.
ICSI urged MCA to introduce a condonation scheme for delayed BEN filings caused by pandemic-related disruptions. The proposal aims to reduce penalties and promote voluntary compliance.
ICSI highlighted ambiguity between Section 9A and state laws causing confusion in stamp duty collection. It urged clarification to prevent compliance risks and disputes.
The issue concerns ambiguity in the effective date of company conversion. It highlights that conversion should be valid only after Registrar approval to avoid legal uncertainty.
The issue concerns rejection of applications despite proper e-filing. It highlights that insisting on physical documents contradicts digital compliance laws and delays corporate processes.
