The government notifies tax exemption for the state real estate regulator under Section 10(46A). The authority will continue to enjoy benefits as long as statutory conditions are fulfilled.
SEBI mandates debenture trustees to segregate non-SEBI activities via separate business units, ensuring transparency, disclosures, and compliance with other financial regulators.
Issuers must submit security and financial certificates to debenture trustees quarterly, half-yearly, or annually, ensuring continuous monitoring and investor protection.
RBI revises account details for receiving compounding application fees and sums under FEMA, simplifying payment through NEFT and RTGS.
ROC Kolkata penalized company directors for exceeding the permissible gap between board meetings under Section 173(1) of the Companies Act, emphasizing strict adherence to statutory timelines.
SFIO mandates digitally generated summons with QR codes and DINs, enabling online verification to prevent impersonation and misuse.
The ROC levied penalties after finding that mandatory company details were omitted from MGT-9 and financial statements. The order highlights that even inadvertent filing gaps attract liability under Section 12(8).
ROC imposed significant penalties for failure to file FY 2019–20 financial statements despite extended deadlines. The case highlights strict consequences for prolonged non-compliance under Section 137.
The ROC held that failure to attach FY 2017–18 financial statements could not be penalized due to post-default decriminalization. The case clarifies the impact of statutory amendments on past non-compliances.
ROC penalized the company and directors for conducting a board meeting 79 days late, reinforcing strict compliance with Section 173(1) timelines.