ROC Mumbai held that omission of mandatory details in AOC-4 makes the authorised signatory liable. A ₹10,000 penalty was imposed for violation of filing rules.
ROC Pune imposed penalties for failure to disclose required details in MGT-14 while issuing shares. Relief under Section 446B was granted due to start-up and small company status.
The amendments expand coverage to additional development financial institutions. The key takeaway is broader applicability and clearer compliance obligations for banks.
The RBI updated CRR–SLR directions to align with recent banking law amendments. The key takeaway is immediate compliance with revised liquidity and reporting norms.
The authority held that undelivered statutory notices prove breach of registered office requirements. The key takeaway is that prolonged defaults can attract the maximum penalty under company law.
The regulator held that provisional enrolment has no legal basis under valuation rules and suspended the organisation for violating mandatory eligibility requirements.
The adjudicating authority held that failure to disclose related party transactions violated statutory audit duties. The key takeaway is that auditors must strictly comply with AS-18 and SA-550 or face penalties under the Companies Act.
The adjudicating authority held that omission of related party disclosures violated statutory audit obligations. The key takeaway is that auditors must ensure full compliance with AS-18 and SA-550.
The authority held that non-numbering of minutes violates Secretarial Standard-1. The key takeaway is that statutory minute-keeping requirements must be strictly followed.
A consultation paper proposes expanding sustainable finance rules in GIFT IFSC. It introduces sustainable deposits and stronger governance for green lending and investments.
