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Penalty Imposed for Failure to File INC-22A ACTIVE Form Under Companies Act

January 23, 2026 351 Views 0 comment Print

The Registrar held that non-filing of e-Form INC-22A constitutes a violation of Rule 25A read with Section 450. Maximum penalties were imposed due to continued default and non-response to notice.

Customs Revises Tariff Values for Oils, Metals & Areca Nuts wef 23.01.2026

January 22, 2026 810 Views 0 comment Print

The notification substitutes tariff value tables but keeps rates unchanged for key imports like edible oils, metals, and areca nuts. The takeaway is continued certainty in customs duty assessment from 23 January 2026.

RBI (Regional Rural Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026

January 22, 2026 648 Views 0 comment Print

The amendment broadens the scope of eligible development financial institutions for CRR–SLR purposes. The key takeaway is wider institutional recognition with clearer regulatory coverage.

RBI (Local Area Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026

January 22, 2026 342 Views 0 comment Print

The amendment formally introduces SDF deposits as a reporting item for local area banks. This provides clearer treatment of RBI deposits within liquidity calculations.

RBI (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026

January 22, 2026 579 Views 0 comment Print

The RBI updated CRR and SLR Directions to reflect recent banking law amendments. The key takeaway is immediate regulatory alignment and clearer compliance for rural co-operative banks.

IBBI Cancelled Registered Valuer Registration for Loss of RVO Membership

January 22, 2026 423 Views 0 comment Print

The regulator held that expulsion from a Registered Valuers Organisation breaches eligibility under valuation rules. Continuous RVO membership is mandatory to retain registration.

SEBI (Issue & Listing of Non-Convertible Securities) (Amendment) Regulations, 2026

January 20, 2026 1347 Views 0 comment Print

The amendment clarifies who qualifies as a retail individual investor in debt issues. It caps eligibility at ₹2 lakh to promote targeted retail participation.

Penalty Upheld for Failure to Maintain Board & AGM Minutes despite Flood damage

January 19, 2026 4890 Views 0 comment Print

The authority held that non-maintenance of statutory minutes attracts a fixed penalty even if records were destroyed due to unforeseen events. Flood damage was treated as mitigation, not a defence to statutory liability.

Equity Market Closing Prices to Be Set via Auction Mechanism: SEBI

January 16, 2026 780 Views 0 comment Print

Regulators have introduced a closing auction-based price discovery mechanism for equities with derivatives. The move enhances transparency and ensures a fair closing price used for settlements and index calculations.

Company Penalised for Wrong Board Meeting Dates in Statutory Returns

January 16, 2026 771 Views 0 comment Print

The adjudicating authority ruled that filing statutory e-forms with incorrect particulars constitutes a completed violation. Subsequent requests to mark forms defective do not erase penalty liability.

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