ROC Cuttack imposes ₹50,000 penalty on company officer for failing to file MGT-14 and Board Resolution approving financial statements under Section 117(2).
The ROC penalised the company and its directors for failing to file financial statements on time. The order reinforces that prolonged non-compliance under Section 137 attracts maximum penalties.
The ROC imposed significant penalties on the company and its directors for failing to file financial statements. The ruling reinforces strict consequences for prolonged non-compliance under Section 137(3).
The new customs notification revises tariff value tables for oils, metals, and areca nuts, confirming no change in existing rates. It maintains consistency in import valuation under the Customs Act.
DGFT revises the unit of measurement for key import inputs in Metformin HCL production. The update clarifies UOM expression without altering prescribed input quantities.
The ruling found that bids were rejected on factors unrelated to Section 29A and absent from the process document. The takeaway is that liquidation sales must follow transparent, predefined conditions.
RBI amends fortnightly CRR and SLR reporting, changing the definition of ‘fortnight’ and requiring electronic submission of Form A and Form VIII. The update streamlines regulatory compliance.
MCA penalizes a company and its Managing Director for late filing of director resignation form DIR-12, emphasizing strict compliance under Section 172 of the Companies Act.
The ROC penalized the company and its directors for not filing financial statements for FY 2021-22. The order stresses that non-compliance under Section 137 attracts maximum monetary penalties.
DGFT revises Appendix-2G, adding new PSIAs and approving additional instruments to streamline pre-shipment inspections under FTP, 2023.
