The regulator has mandated detailed disclosure of loans and contracts with related parties by rural co-operative banks, enhancing transparency and credit risk oversight from April 2026.
The adjudicating authority held directors liable for non-filing of Form MGT-8 for an earlier financial year. Liquidation of the company did not shield officers from personal penalties.
The adjudicating authority held that omission of DIN details in statutory filings violates disclosure norms. A monetary penalty was imposed on the defaulting director under the Companies Act.
The regulator has formally recognized operating and hybrid leases of oilfield equipment as financial products. This brings such leasing activities under the IFSC regulatory framework from the date of notification.
Failure to appoint a whole-time Company Secretary within the statutory timeline led to substantial penalties on the company and its directors. The order reinforces strict adherence to Section 203 compliance requirements.
The draft rules consolidate and replace numerous wage-related rules under older labour statutes. The key takeaway is a unified, simplified compliance regime under the Code on Wages, 2019.
The regulator held that payouts labelled as awareness and marketing were actually unauthorised commissions. Insurers must ensure transparency, approvals, and proper classification of such expenses.
The regulator relaxed KMP eligibility, expanded experience criteria, and allowed flexible PPM extensions. The move aims to reduce operational hurdles while protecting investors.
FAQs confirm that only practicing professionals with a full-time CoP can generate UDINs, while others may only view past records. This tightens access control and improves document authenticity.
The instructions mandate continuous AI and live proctor monitoring during CSEET. Any violation of conduct or technical norms can lead to result cancellation without further notice.
