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MCA Penalizes Samsung Display Noida Private Limited for Section 90(4A) Violation

June 12, 2024 7536 Views 0 comment Print

Explore the adjudication of penalties against Samsung Display Noida for breaching Section 90 of the Companies Act, 2013. Understand the implications and compliance issues. Learn more.

Discussion Paper on Streamlining CIRP Form Compliance for Insolvency Professionals

June 12, 2024 669 Views 0 comment Print

Discover how the latest revisions in CIRP forms by IBBI aim to reduce the compliance burden on insolvency professionals and streamline the insolvency process.

ICAI Finds Auditor Not Guilty: Audit Acceptance Communication Validated

June 12, 2024 1083 Views 0 comment Print

Explore the ICAI Board of Discipline’s ruling on an audit dispute where the respondent’s communication via registered post was deemed sufficient, leading to a ‘Not Guilty’ verdict.

Falsified financial statement Preparation: ICAI found Member guilty of misconduct

June 12, 2024 2355 Views 0 comment Print

The ICAI’s Board of Discipline reprimanded CA Devarajan K.E. for misconduct, following an investigation into professional and other misconduct.

CA Found Guilty of Misconduct for Directorship Without ICAI Approval

June 12, 2024 1197 Views 0 comment Print

CA Rakesh Verma found guilty of professional misconduct for directing companies without ICAI permission and failing to settle a debt with a vendor.

DGFT Notice: RCMC Issuance for Medical Devices | Trade Alert

June 12, 2024 834 Views 0 comment Print

Stay informed with DGFT Trade Notice 05/2024 regarding RCMC issuance for medical devices. Get insights on changes and implications for trade and industry.

Lack of Required Independent Directors: MCA RD Upholds Rs. 9.75 Lakh Penalty

June 11, 2024 990 Views 0 comment Print

Khed Developers’ appeal against the penalty for lacking independent directors was denied. The Rs. 9.75 lakh penalty remains, reaffirming the importance of compliance.

Non-appointment of CS: MCA RD upheld Penalty of Rs. 17.25 Lakh

June 11, 2024 1044 Views 0 comment Print

Khed Developers Limited’s appeal against a ₹17.25 lakh penalty for non-appointment of a Company Secretary was denied. Read about the Regional Director’s decision.

Non-Filing of Section 187C(1) Declaration: MCA RD Upholds Rs. 14.95 Lakh Penalty

June 11, 2024 882 Views 0 comment Print

Yapp India challenges a Rs. 14.95 lakh penalty imposed for non-filing under Section 187-C(1) of the Companies Act.

DGFT amends import policy of specific gold jewelry

June 11, 2024 2907 Views 0 comment Print

India’s Directorate General of Foreign Trade revises import policy for gold jewelry with ITC HS codes under Chapter 71. New rules effective immediately.

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