The ROC penalised a company and its officers for violating the resident director requirement under Section 149(3) of the Companies Act. The ruling highlights strict enforcement where non-compliance continued for 2297 days.
RBIs draft amendment introduces stronger customer protection rules for electronic banking fraud in rural co-operative banks. Customers may get zero liability or compensation for small-value frauds if reported promptly.
ICAI has announced the CA Intermediate and Foundation results for January 2026, revealing a low pass percentage, particularly in Intermediate exams. The results highlight nationwide toppers and provide key insights into exam performance trends.
The ROC held that filing the return of allotment beyond the 15-day statutory limit violates Section 42 and imposed penalties on the company and responsible officers.
The notification expands reporting rules to include central bank digital currencies, electronic money products and relevant crypto-assets for tax information reporting.
The government operationalised an Inter-Ministerial Group to monitor geopolitical impacts on supply chains and recommend mitigation measures to protect India’s exports.
ROC held that failure to deposit dividend in a separate bank account within five days of declaration violates Section 123(4), attracting penalty under Section 450.
ROC held that failure to disclose PAN and email IDs of allottees in the PAS-3 attachment violates Rule 14(6), attracting penalty under Section 450 of the Companies Act.
ROC held that failure to file Form MGT-6 within 30 days after receiving beneficial ownership declarations violates Section 89(6), attracting maximum penalties on the company and its director.
Gross GST revenue reached ₹1.83 lakh crore in February 2026, driven by 17.2% growth in import revenues. Net collections also rose 7.9%, reflecting steady domestic and customs performance.
