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RTI Appeal Rejected Where Disclosure Could Impede Ongoing Disciplinary Proceedings

December 18, 2025 528 Views 0 comment Print

The issue was whether records relating to disciplinary action could be disclosed under RTI. The key takeaway is that information may be withheld if disclosure can impede ongoing proceedings.

Private Placement: Failure to Open Separate Bank Account & Premature Use of Funds – MCA imposes Penalty

December 17, 2025 1059 Views 0 comment Print

The order clarifies that procedural violations in private placement cannot be excused merely because the company was a start-up. Strict compliance with Section 42 remains mandatory.

RD Hyderabad Rejected Appeal for Failure to Prove Internal Auditor Appointment

December 17, 2025 327 Views 0 comment Print

The appeal was dismissed as no documentary evidence of internal auditor appointment was produced. The key takeaway is that statutory claims must be backed by records.

ROC Imposes Penalty for Non-Registration of Loan Charge Despite Disclosure in Financials

December 17, 2025 819 Views 0 comment Print

The ROC imposed penalties for non-registration of a secured loan charge despite disclosure in financial statements. The key takeaway is that charge registration is mandatory, irrespective of loan size or later repayment.

Failure to Maintain Registered Office: ROC Patna imposes Maximum Penalty

December 17, 2025 408 Views 0 comment Print

The ROC imposed penalties after official communications were returned undelivered. The key takeaway is that a functional registered office is a mandatory statutory requirement.

ICSI Approves Major Reforms in CS Education and Training Framework

December 16, 2025 2151 Views 0 comment Print

The Council cleared changes to CLDP, CSEET, and training programmes. The key takeaway is a stronger, more structured pathway for Company Secretary aspirants.

Shell Companies in West Bengal – Real-Time Systems in Place to Detect Fake Directors & DIN Misuse

December 16, 2025 687 Views 0 comment Print

The government clarified that shell companies are not defined in company law, but inactive entities are removed through statutory strike-off provisions. The key takeaway is that enforcement relies on existing legal mechanisms.

Over 1.9 Lakh Companies Struck Off for Non-Compliance Since 2020

December 16, 2025 753 Views 0 comment Print

The government disclosed large-scale strike-offs of inactive and non-compliant companies. The key takeaway is stricter enforcement of filing and operational requirements.

GST 2.0 Structure And Economic Impact

December 16, 2025 1329 Views 0 comment Print

The Government stated that GST 2.0 simplifies the tax structure to stimulate consumption, investment, and job creation. The key takeaway is that rate rationalisation is expected to support GDP growth and formalisation.

GST Rate Rationalisation May Cause Net Revenue Loss of ₹47,700 Crore

December 16, 2025 528 Views 0 comment Print

The government clarified that no new Group of Ministers is under consideration, even as States flagged revenue losses from GST rate rationalisation. The key takeaway is that existing mechanisms will address the impact.

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