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OTC Derivatives on Gold & Silver: Amendment to IFSCA Banking Handbook Module 13

June 27, 2024 1008 Views 0 comment Print

Explore the latest IFSCA update permitting IBUs to offer OTC derivatives on Gold and Silver. Understand the changes, implications, and compliance requirements in the updated OTDE Module.

MCA Imposes ₹10 Lakh Penalty for Missing Allottees’ Address & Occupation in PAS-3 List

June 26, 2024 1128 Views 0 comment Print

Adjudication order for Hadapsar Urban Multiple Nidhi Ltd under Section 454(3) read with 39 of The Companies Act, 2013. Detailed analysis and penalties imposed.

Violation of SBO Rules & Section 90: MCA imposes Penalty on Aries Hotels

June 26, 2024 1680 Views 0 comment Print

MCA imposes a penalty on Aries Hotels Pvt Ltd for non-compliance with Section 90 of the Companies Act, 2013. Details on adjudication and shareholding issues.

Non-Filing of MGT-14: MCA Penalty Imposed on Company & its Directors

June 26, 2024 1686 Views 0 comment Print

Learn about the MCA penalty imposed on Hadapsar Urban Multiple Nidhi Limited for non-filing of MGT-14 for board resolution passed for approval of accounts.

Non filing of Financial Statement in Form AOC-4: MCA imposes Penalty

June 26, 2024 2808 Views 0 comment Print

Understand the implications of not filing Form AOC-4 as mandated by MCA. Detailed penalties and adjudication process explained. Learn more.

Same Day Investment of NPS Contributions (T+0) from 1st July 2024

June 26, 2024 2070 Views 0 comment Print

Explore PFRDA Circular No. PFRDA/2024/13/SUP-CRA/07 on same-day investment for NPS contributions effective from 1st July 2024. Understand its impact on stakeholders and NPS subscribers.

Input Tax Credit on Ducts & Manholes Used in Optical Fiber Cable Networks

June 26, 2024 2541 Views 0 comment Print

Clarification on the availability of input tax credit for ducts and manholes used in optical fiber cable networks under CGST Act, 2017. Circular No. 219/13/2024.

Requirement to Reverse ITC for Life Insurance Premium Portion Not included in Taxable Value

June 26, 2024 2214 Views 0 comment Print

Learn about the reversal of input tax credit for life insurance premiums not included in taxable value as per the latest GST Circular No. 214/8/2024.

Non-Appointment of Company Secretary costed Company Rs. 63.52 Lakh Penalty

June 25, 2024 4863 Views 0 comment Print

Fruitful Buildcon Pvt. Ltd. penalized ₹48.52 lakh for non-appointment of a company secretary, violating Section 203 of the Companies Act, 2013.

Related Party Transactions Not Disclosed: MCA Imposes ₹24 Lakh Penalty

June 25, 2024 942 Views 0 comment Print

Read about the MCA penalty of ₹24 lakh on M/s. Lions Co-ordination Committee of India Association for violating Section 134(3)(h) of the Companies Act, 2013. Detailed analysis included.

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