The Department of Posts launched Personalized Cheque Books for POSA customers with pre-printed account details and IFSC information. The move aims to improve customer convenience, enhance security, and modernize postal banking services.
ROC Kolkata penalized a company and its directors for not appointing a woman director after turnover crossed ₹300 crore. The order clarifies that operational difficulties and delays in identifying candidates cannot excuse statutory non-compliance.
ROC Uttar Pradesh imposed penalties under Section 134(8) after finding that the company’s directors failed to provide comments on statutory auditor qualifications. The company and officers were held liable for non-compliance with Section 134(3)(f) of the Companies Act.
ROC Uttar Pradesh penalised the company and officers for failing to provide comments on auditor qualifications in the Board’s Report for FY 2019-20. The order held the company in violation of Section 134(3)(f) of the Companies Act.
The Punjab and Haryana High Court set aside a GST demand order after holding that service through affixation without exhausting other statutory modes violated Section 169 of the CGST Act. The ruling emphasizes strict compliance with notice service requirements before raising tax demands.
The Registrar of Companies found that the company remained without a whole-time Company Secretary from 2014 to 2020 in violation of mandatory legal requirements. Penalties were imposed on both the company and directors under Section 203(5).
The Registrar of Companies held that non-filing of financial statements by the due date constituted a contravention of Section 137(1) of the Companies Act. Monetary penalties were imposed on both the company and officers in default.
The Registrar emphasized that statutory e-forms are public records relied upon by regulators and stakeholders. Filing defective or inaccurate forms can therefore attract penalties under Rule 8(3) read with Section 450.
The Sales Tax Bar Association has urged the Bar Council of India and the Law Ministry to permit Advocates to collaborate with non-advocates through Multi-Disciplinary Partnerships. The proposal aims to modernize legal practice and enable integrated professional services.
ROC Kolkata penalized a company for incorrectly declaring itself as non-subsidiary in AOC-4 due to human error. The ruling stresses that inaccurate MCA filings can trigger penalties even when mistakes are later corrected.
