The issue involved omission of allottee occupation details in Form PAS-3. The authority held that Rule 12(2) mandates complete disclosure, and non-compliance attracts penalty. The ruling emphasizes accuracy in statutory filings.
The issue involved delayed filing of Form MGT-14 for approval of financial statements. The authority held that a 1,951-day delay constituted a continuing default warranting maximum penalty. The ruling highlights strict enforcement of statutory timelines.
The issue involved delayed filing of Form MGT-14 for approval of financial statements. The authority held that a delay of 2,317 days constituted a continuing default attracting maximum penalty. The ruling emphasizes strict timelines and consequences for prolonged non-compliance.
The issue involved whether omission of PAN, email ID, and address in Form PAS-3 violates statutory rules. The authority held that Rule 14(6) mandates complete disclosure of allottee details. The ruling emphasizes strict compliance with corporate filing requirements.
The case examined whether occupation details can be omitted when allottees lack occupation. The authority rejected this interpretation and imposed penalties for non-compliance. The decision clarifies that statutory forms must be filled completely and accurately.
The issue involved non-filing of mandatory Form MGT-14 for board resolutions approving financial statements. The authority held that failure to comply with Sections 117 and 179 constitutes a continuing default attracting penalties.
RBI clarified that the Digital Rupee is legal tender with features similar to physical cash. It enables secure, instant, and fee-free transactions through digital wallets.
RBI created a structured framework for resolving loans affected by natural calamities. The directions ensure timely relief through defined timelines and coordinated implementation.
RBI introduced a new framework to address loan stress caused by natural calamities in local area banks. It mandates time-bound restructuring and coordinated decision-making through banking committees.
RBI directed banks to ensure uninterrupted banking services through temporary branches and mobile units during disasters. The amendment ensures access to financial services even in disrupted areas.
