Rule 9B requires shareholders to dematerialize securities before any transfer takes place. The requirement applies equally to gift transfers and cannot be avoided through a Gift Deed.
Employers with 10 or more employees must comply with mandatory POSH requirements, including forming an Internal Committee and filing annual reports. Non-compliance can attract fines up to ₹50,000 and, in repeated cases, cancellation of business licenses.
The guide explains why NGO Darpan registration is now a critical compliance requirement for NGOs. It highlights its role in government funding, FCRA registration, and banking compliance under anti-money laundering regulations.
Stamp duty on indemnity bonds is not uniform across India because each state follows its own stamp legislation and amendments. The article explains state-wise rates, recent revisions, and compliance requirements.
The analysis highlights Delhi’s 2025 circular requiring 0.1% stamp duty on both physical and demat share issuances. Companies registered in Delhi must reassess compliance obligations and stamping procedures.
A comprehensive guide to LLP Agreement stamp duty across all Indian states and UTs. Learn applicable rates, filing requirements, penalties, and key compliance considerations.
The Delhi Government Circular dated 29 July 2025 clarifies that stamp duty on the issuance of shares by companies having registered offices in Delhi, whether in physical or demat form, is payable at 0.1% under Article 19 of Schedule IA of the Indian Stamp Act, 1899, and not at 0.005% under the Finance Act, 2019 […]
The article explains how transferring foreign contribution to a non-FCRA trust after the 2020 amendment violates Section 7 of FCRA. It highlights the availability of compounding under Section 41 and the applicable penalty structure.
The ROC held that shares issued at a price lower than the registered valuer’s determined value violated Section 62(1)(c). Even a shortfall of ₹0.59 per share attracted penalties under the Companies Act.
SEBIs investigation found that a substantial portion of reported consolidated revenues was unsupported by verifiable subsidiary records. The interim order records a prima facie finding that the absence of underlying financial data and documentation raised concerns about the accuracy of disclosures.
