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Flat Registration Allowed Under IBC for Protection of Homebuyers Rights

March 26, 2026 396 Views 0 comment Print

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.

Huge Related Party Transactions Without Approval: MCA imposes ₹20 Lakh Penalty

March 26, 2026 744 Views 0 comment Print

The company relied on old resolutions for ongoing related party transactions. The authority held that fresh approvals are mandatory, imposing penalties for non-compliance.

Related Party Transactions without Approval: MCA imposes ₹15 Lakh Penalty on Directors

March 26, 2026 576 Views 0 comment Print

The company continued related party transactions based on old approvals. The authority held that fresh approvals are mandatory, leading to penalties for non-compliance.

Digital Nomads & Their Money: Tools Transforming Salaries, Transfers & Spending

March 25, 2026 363 Views 0 comment Print

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.

CBDT Extended TDS Certificate Deadline as E-Filing Portal Glitches Caused Delays

March 25, 2026 1512 Views 0 comment Print

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.

ROC Imposed Penalty for Failure to Approve Related Party Transactions by Board

March 25, 2026 498 Views 0 comment Print

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.

ROC imposed Penalty for Failure to Appoint Company Secretary – Section 203

March 25, 2026 456 Views 0 comment Print

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.

ROC Imposed Penalty for Failure to Appoint Internal Auditor Despite High Turnover

March 25, 2026 444 Views 0 comment Print

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.

Cost Accountants Allowed to Audit Investment Advisers Due to SEBI Clarification

March 25, 2026 408 Views 0 comment Print

SEBI expanded audit eligibility to include cost accountants for Investment Advisers. The ruling broadens the professional base and strengthens compliance oversight.

Intraday Borrowing Rules Deferred Due to Operational Challenges Faced by AMCs

March 25, 2026 381 Views 0 comment Print

SEBI postponed implementation of intraday borrowing guidelines after concerns from AMCs. The ruling provides additional time for compliance while ensuring regulatory objectives are met.

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