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JOGPL Private Limited not guilty of SBO Rules Violation: MCA

May 22, 2024 1008 Views 0 comment Print

Explore the adjudication order by Ministry of Corporate Affairs, Uttar Pradesh, clearing JOGPL Private Limited of SBO rules violation. Detailed analysis of the case and conclusion.

RBI Circular: Regularization of Partly Paid Units Issuance to Non-Resident Investors

May 21, 2024 1614 Views 0 comment Print

RBI allows Alternative Investment Funds to issue partly paid units to foreign investors under amended Foreign Exchange Management rules.

Framework for considering unaffected price for transactions upon confirmation of market rumour

May 21, 2024 1515 Views 0 comment Print

Learn about SEBI’s latest circular on unaffected price calculation for transactions affected by market rumours, applicable from June 2024.

SEBI Master Circular for Research Analysts 2024

May 21, 2024 1299 Views 0 comment Print

Stay updated with SEBI’s latest directives for Research Analysts. Access the Master Circular for comprehensive guidelines. Learn more!

RBI Withdraws 8 Obsolete Circulars issued between 1995-2006

May 21, 2024 792 Views 0 comment Print

RBI’s internal review leads to withdrawal of outdated circulars from 1995 to 2006. Learn the details, implications, and analysis of this move by the Reserve Bank of India in 2024.

ICAI penalises practicing CA for acting as Director in Companies without prior permission

May 20, 2024 10086 Views 0 comment Print

ICAI penalises practicing CA for engaging in other business activities and for acting as Director in various body corporates without requisite permission of ICAI. Board emphasized that Chopra’s involvement in managerial functions required prior approval from the ICAI Council, which he failed to obtain.

MCA Penalty for Improper Minute Book and Board Meeting Records

May 17, 2024 3504 Views 0 comment Print

Understand the implications of non-consecutive page numbering and missing details in board meeting minutes as MCA imposes penalties. Learn the case details and consequences.

Provision to FBOs to update filed modification application of license/registration in FoSCoS

May 16, 2024 969 Views 0 comment Print

FSSAI allows FBOs to update or cancel license modifications in FoSCoS, streamlining the process and reducing delays. Effective from May 2024.

ICAI Reprimands CA for accepting Audit Despite Pending Fees of Predecessor

May 16, 2024 801 Views 0 comment Print

ICAI’s Disciplinary Committee reprimands CA Kaushal Kishor Singh for professional misconduct, citing failure to communicate with previous auditor and non-compliance with guidelines on outstanding fees.

ICAI Reprimands CA for Authorized Share Capital Reporting Errors

May 16, 2024 429 Views 0 comment Print

ICAI Disciplinary Committee reprimands CA Ashok Bhartia for professional misconduct due to recurring discrepancies in authorized share capital reporting.

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