The Government confirmed that tribunals allowed flat registration where buyers had paid dues and taken possession. The ruling emphasizes protection of homebuyers despite developer insolvency.
The company relied on old resolutions for ongoing related party transactions. The authority held that fresh approvals are mandatory, imposing penalties for non-compliance.
The company continued related party transactions based on old approvals. The authority held that fresh approvals are mandatory, leading to penalties for non-compliance.
The article examines financial difficulties faced by remote workers managing multi-currency income. It highlights how fintech and Web3 tools provide faster, flexible solutions for global transactions.
The issue involved delay in issuing TDS certificates due to technical issues. The Board extended the deadline to provide relief. The takeaway is that system glitches can justify compliance extensions.
The issue involved non-compliance with approval requirements for related party transactions. The authority held that absence of Board resolution violates Section 188. The key takeaway is that proper approvals are mandatory for such transactions.
The issue involved non-compliance with mandatory appointment of a Company Secretary. The authority imposed penalties for violation of Section 203. The takeaway is that eligible companies must appoint key managerial personnel without exception.
The issue involved non-compliance with mandatory internal auditor appointment requirements. The authority imposed penalties as the company exceeded the turnover threshold but failed to comply. The takeaway is that audit requirements are strictly enforced.
SEBI expanded audit eligibility to include cost accountants for Investment Advisers. The ruling broadens the professional base and strengthens compliance oversight.
SEBI postponed implementation of intraday borrowing guidelines after concerns from AMCs. The ruling provides additional time for compliance while ensuring regulatory objectives are met.