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IBBI Discussion Paper: Proposed Amendments to CIRP Regulations

June 19, 2024 390 Views 0 comment Print

IBBI invites comments on proposed amendments to CIRP regulations, focusing on valuation processes, MSME treatment, voting protocols, and guarantee releases.

Failure to appoint Independent Directors: MCA imposes penalty of Rs. 5.87 Lakh

June 19, 2024 714 Views 0 comment Print

Read about the MCA penalty on Shareway Securities Limited for failing to appoint independent directors under Companies Act, 2013. Detailed analysis and implications.

IBBI suspends IP for one year for misconduct and lack of compliance with Code

June 18, 2024 1218 Views 0 comment Print

Detailed analysis of the Insolvency and Bankruptcy Board of India Disciplinary Committee’s order on Mr. C Ramasubramainam, an Insolvency Professional, for alleged contraventions.

CBIC mounts campaign against frauds committed in the name of Indian Customs

June 18, 2024 2151 Views 0 comment Print

Learn how CBIC is tackling frauds by imposters posing as Indian Customs officers. Stay safe with tips on identifying scams and protecting personal information.

Failure to Hold 4 Board meeting in a Calendar Year: MCA Imposes Penalty

June 18, 2024 1452 Views 0 comment Print

Learn about Ministry of Corporate Affairs’ penalty on INTO Education India Private Limited for violating Companies Act, 2013, Section 173. Understand the adjudication process and implications.

Amendments in Appendix-4J of Handbook of Procedures, 2023

June 18, 2024 747 Views 0 comment Print

Explore amendments to Appendix-4J of the Handbook of Procedures, 2023, by DGFT in Trade Notice 06/2024. Learn about changes impacting export obligations for various commodities.

ICSI Announcement: Additional Attempt for 2017 Old Syllabus Students

June 14, 2024 924 Views 0 comment Print

Attention Executive & Professional Programme students under the 2017 old syllabus! ICSI grants one more attempt in Dec 2024 & June 2025. Switch to new syllabus by 2025.

SAED on Petroleum Crude Production Reduced to ₹3250 per Tonne from 15.06.2024

June 14, 2024 387 Views 0 comment Print

Govt reduces Special Additional Excise Duty (Windfall Tax) on production of petroleum crude from Rs. 5200 per tonne to Rs. 3250 per tonne, effective June 15, 2024.

Delhi HC Upholds Constitutionality of Section 71(3A) Limiting Set-Off of House Property Losses

June 14, 2024 456 Views 0 comment Print

Delhi High Court upholds constitutional validity of Sec. 71(3A) of Income Tax Act, limiting set-off amount but not eliminating deduction benefits entirely. Detailed analysis of Sanjeev Goyal Vs Union of India case.

Section 90 of Companies Act not applicable in absence of Indirect Shareholding or Control

June 13, 2024 1107 Views 0 comment Print

RTS Fashion Pvt Ltd adjudged for no indirect shareholding under Section 90 of Companies Act. Registrar of Companies issues penalty order.

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