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Delay in Furnishing Declaration by Both Registered & Beneficial Owners: Penalty Imposed

July 25, 2024 711 Views 0 comment Print

MCA imposes a ₹10 lakh penalty on Pink Square Real Estate Pvt. Ltd. for delay in filing declarations under Section 89(1) & 89(2) of the Companies Act, 2013.

Penalty Imposed for Non-Acknowledgement of Notices at Registered Office

July 25, 2024 870 Views 0 comment Print

Naturo Indiabull Limited penalized for not acknowledging notices at its registered office, violating Section 12(1) of the Companies Act, 2013.

PAN & Email id & Class of security holder not mentioned form PAS-3: MCA imposes Penalty

July 25, 2024 1053 Views 0 comment Print

MCA imposes a ₹20,000 penalty on Ajay Nidhi Ltd and its director for violating Rule 14(6) of the Companies (Prospectus and Allotment of Securities) Rules, 2014.

Launch of Steel Import Monitoring System (SIMS) 2.0

July 25, 2024 2916 Views 0 comment Print

Discover SIMS 2.0 launch details by Ministry of Commerce & Industry. All importers informed about changes.

UDIN generation Mandatory for prescribed services: ICSI

July 25, 2024 3849 Views 0 comment Print

Learn about UDIN guidelines by ICSI for CS services like audits, certifications, and reports. Get insights on mandatory UDIN generation and its importance.

IFSC Authority Circular: Credit Rating Agencies for Asset Valuation

July 25, 2024 786 Views 0 comment Print

IFSCA Circular allows Credit Rating Agencies to value assets under the Fund Management Regulations, 2022. Effective immediately as of July 25, 2024.

Occupation of allotees not mentioned in list to form PAS -3: MCA imposes Penalty

July 25, 2024 12999 Views 1 comment Print

MCA imposed a Rs. 20,000 penalty on Ajay Nidhi Ltd. and its MD for not mentioning allottees’ occupations in Form PAS-3, violating Rule 12(2) of Companies Act.

GST rate of works awarded by KSTP to Government Contractors

July 24, 2024 1605 Views 0 comment Print

Explore the GST rate implications for works contract services provided to Kerala State Transport Project (KSTP) under GST regulations. Understand the ruling and its impact on construction projects in Kerala.

No Ruling for Questions Outside Purview of Section 97(2) of CGST Act: AAR Kerala

July 24, 2024 678 Views 0 comment Print

Understand GST implications for job workers: Can they issue delivery notes, e-way bills if the principal doesn’t? Full analysis of Kunnassery Poulose Joy case from GST AAR Kerala.

Place of Supply for R&D Services in Pharma Sector: Location of Recipient in Non-Taxable Territory

July 24, 2024 1470 Views 0 comment Print

Explore the implications of GST Notification No. 04/2019 on research and development services in the agro-chemical sector. Full analysis of the AAR Order No. 14/ARA/2024.

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