The Ministry of Finance exempts RBI from Section 206CCA of Income Tax Act, 1961 through Notification No. 46/2024 dated 27th May, 2024.
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The facts of case reveal that Ambium Finserve issued debentures on a private placement basis without completing first allotment, which constitutes a violation of Section 42(5).
Detailed analysis of the GST AAAR Tamil Nadu order on Faiveley Transport Rail Technologies’ appeal, focusing on GST applicability and the condonation of delay.
Workforce Logiq India Pvt Ltd faces penalties for CSR non-compliance under Section 135 of the Companies Act, 2013. Details of the adjudication order are included.
Adamas Builders fined Rs. 88,000 under Section 454 of the Companies Act for delaying a board meeting beyond the prescribed 120 days. Read full adjudication details.
MCA imposes penalties on Equifax Analytics Pvt. Ltd. for incomplete shareholder details in Forms MGT-7 & MGT-9. Total penalty: ₹80,000.
The ICAI Disciplinary Committee has sanctioned CA Atish Omprakashji Kabra, removing him from the Register of Members for three months due to professional and other misconduct, including embezzlement.
SEBI introduces new norms regulating the sharing of real-time price data with third parties, aimed at preventing misuse and ensuring orderly market functioning.
Explore the implications of Fincare Small Finance Bank’s exclusion from RBI’s Second Schedule and cessation as a banking company. Analysis & insights here.
