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Launch of Revamped Non-Preferential Certificate of Origin (eCoO) 2.0 System

August 16, 2024 561 Views 0 comment Print

DGFT introduces eCoO 2.0 for Non-Preferential Certificates of Origin. New features include multi-user access, e-signature options, and an integrated dashboard.

SAED on Petroleum Crude reduced to ₹2100 per Tonne from 17.08.2024

August 16, 2024 228 Views 0 comment Print

Central Excise Notification 20/2024 revises duty rate to Rs. 2100 per tonne effective from August 17, 2024, under the Central Excise Act, 1944.

E-Tender for Concurrent Auditor Services for NAFED and NCCF

August 16, 2024 1005 Views 0 comment Print

Ministry of Consumer Affairs invites e-tenders for concurrent auditor services for NAFED and NCCF branches. Submission from August 17 to September 16, 2024.

Review of Master Direction – NBFC – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017

August 16, 2024 477 Views 0 comment Print

RBI revises NBFC-P2P lending guidelines, clarifying provisions to prevent misuse and ensure compliance. Key changes include fund transfer rules and disclosure requirements.

Mere Association with Promoter Doesn’t Automatically Disqualify Resolution Applicant: IBBI

August 15, 2024 186 Views 0 comment Print

IBBI’s ruled that mere association with a promoter does not automatically disqualify a Resolution Applicant under Section 29A unless specific disqualifying criteria are met.

Delay in Passing special Resolution – Section 62(3) Violation: MCA Imposes Penalty

August 14, 2024 570 Views 0 comment Print

MCA levied penalties under Section 62(3) of the Companies Act, 2013, for a delay in passing a special resolution. The company and directors were fined for the violation.

Amendments to Para 10.06(III) HBP 2023 on SCOMET Approvals

August 14, 2024 270 Views 0 comment Print

DGFT amends Para 10.06 of Handbook of Procedures 2023 to update delegation of powers for SCOMET authorizations. Learn about the changes in Public Notice No. 17/2024.

Default in Nomination & Remuneration Committee Constitution: MCA Imposes Penalty

August 13, 2024 207 Views 0 comment Print

MCA imposes penalty on Uma Polymers Ltd. and its directors for failing to comply with Nomination and Remuneration Committee requirements under the Companies Act.

Significant Beneficial Owner Rules Violation: MCA imposes Penalty

August 13, 2024 327 Views 0 comment Print

MBL Infrastructure Ltd. faces scrutiny under Section 90 of the Companies Act for non-compliance. Details on adjudicating officer’s findings and company’s responses.

Non-filing of e-form INC-22 within prescribed time: MCA imposes Penalty

August 13, 2024 207 Views 0 comment Print

Nalam Mahalir Nidhi Ltd. fined ₹4 lakh for failing to file e-form INC-22. Penalty details and appeal process outlined by Coimbatore ROC.

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