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Default in Companies Act section 143(3)(h) compliance: MCA imposes Penalty

August 6, 2024 1056 Views 0 comment Print

ROC Guwahati imposes a ₹40,000 penalty on M/s SDS Properties Ltd. for violations of financial reporting norms under Section 143(3)(h) of the Companies Act, 2013.

Government Extends Modified Interest Subvention Scheme for FY 2024-25

August 6, 2024 1116 Views 0 comment Print

RBI announces the continuation of the Modified Interest Subvention Scheme for short-term agricultural loans through Kisan Credit Card for FY 2024-25.

Foreign Company Closures and Job Losses in India

August 6, 2024 381 Views 0 comment Print

Overview of foreign company closures, active subsidiaries, job losses in the auto industry, and investment data from 2014 to 2024.

Pendency in NCLT & NCLAT: Latest Data & Government Measures

August 6, 2024 474 Views 0 comment Print

Explore the current status of pending cases in NCLT and NCLAT as of August 2024, reasons for delays, and the government’s strategies to address the backlog.

Measures to enhance corporate governance & CSR practices

August 6, 2024 375 Views 0 comment Print

Govt. of India’s recent measures to enhance corporate governance, prevent fraud, and ensure effective CSR practices. Insights on regulatory updates and enforcement.

Goa Companies Struck Off Register: Stats and Revival Details

August 6, 2024 258 Views 0 comment Print

Discover the latest data on Goa-based companies struck off and revived, plus insights on related amnesty programs from the Ministry of Corporate Affairs.

GST Rates for Jal Jeevan Mission Work by MJP: AAR Maharashtra Ruling

August 6, 2024 1824 Views 0 comment Print

Discover the applicable GST rates for work under the Jal Jeevan Mission by Maharashtra Jeevan Pradhikaran before and after 01.01.2022.

No GST on penalties, late fees/panel interest fine by RBI: AAR Maharashtra

August 6, 2024 3978 Views 0 comment Print

AAR Maharashtra ruled that penalties, late fees/panel interest, fine of the nature levied and collected by RBI for contravention or violation of provisions of law are not taxable under GST.

520 days delay in filing BEN-2 form: MCA imposes Penalty

August 5, 2024 252 Views 0 comment Print

GM Elektra Pvt Ltd fined ₹1,88,500 by ROC Mumbai for delayed filing of BEN-2 under Section 90 of the Companies Act, 2013. Directors also face penalties.

SEBI Proposes T+2 Trading for Bonus Issues

August 5, 2024 579 Views 0 comment Print

SEBI’s draft circular proposes T+2 trading for bonus issues to streamline the process and reduce timelines. Comments invited by August 26, 2024.

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