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Non-filing of e-form INC-22 within prescribed time: MCA imposes Penalty

August 13, 2024 1521 Views 0 comment Print

Nalam Mahalir Nidhi Ltd. fined ₹4 lakh for failing to file e-form INC-22. Penalty details and appeal process outlined by Coimbatore ROC.

Static and Mobile Pressure Vessels (Unfired) (Amendment) Rules 2024

August 13, 2024 1323 Views 0 comment Print

Draft rules propose amendments to the Static and Mobile Pressure Vessels (Unfired) Rules, 2016, including updated inspection and certification fees.

Penalty Calculation Guidelines under IGST Act – Kerala SGST

August 13, 2024 1536 Views 0 comment Print

Kerala SGST circular on penalty calculation under the IGST Act clarifies the manner for show cause notices issued under Sections 73 and 74 of the KSGST Act.

SEBI Draft Circular on Periodic Reporting Format for Analysts & Proxy Advisers

August 12, 2024 549 Views 0 comment Print

SEBI invites public comments on the draft circular for standardized periodic reporting by Research Analysts and Proxy Advisers. Submit feedback by August 30, 2024.

Over 1.4 Lakh Startups in India; 67K Have Women Directors

August 12, 2024 825 Views 0 comment Print

As of June 2024, India recognizes 1.4 lakh startups, with 67,499 having at least one woman director, supported by various government initiatives.

RBI Updates Risk Weights for Housing Finance Companies

August 12, 2024 1218 Views 0 comment Print

RBI revises risk weights for Housing Finance Companies, capping undisbursed loan risk weights and adjusting risk weights for commercial real estate exposures.

IBBI Introduces Valuation Report Identification Number

August 12, 2024 897 Views 0 comment Print

IBBI mandates Valuation Report Identification Number (VRIN) for all valuation reports by Registered Valuers under Insolvency and Bankruptcy Code, 2016.

Penalty Set Aside as RoC Did Not Consider Immunity under CFSS-2020

August 9, 2024 876 Views 0 comment Print

Calcutta HC sets aside penalty for Jeet Machine Tools Ltd. under CFSS-2020 immunity, dismissing the appeal against the ROC Mumbai order.

Related Party Transaction Allegation: IBBI Directs IP to Submit NCLAT Order

August 9, 2024 987 Views 0 comment Print

IBBI orders disciplinary action against Mr. S Vasudevan for alleged violations in the insolvency process of Mega Foods Products Madras Pvt Ltd.

IFSCA Extends Bullion Trading Guidelines to October 31, 2024

August 9, 2024 483 Views 0 comment Print

IFSCA extends bullion trading guidelines until October 31, 2024, or until revised requirements are issued, according to circular F No. 329/IFSCA/Bullion MIIs/2024-25/04.

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