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Penalties Imposed for Non-Appointment of Company Secretary

October 17, 2023 4587 Views 0 comment Print

Learn about penalties imposed by Ministry of Corporate Affairs in India for companies failing to appoint a company secretary as mandated by Companies Act, 2013.

Proposed Amendments to Geographical Indications Rules 2023

October 17, 2023 1143 Views 0 comment Print

Discover the proposed changes to the Geographical Indications of Goods Rules. Understand the implications and how to share objections or suggestions with the Ministry of Commerce and Industry

Foreign Exchange Management (Debt Instruments) (Second Amendment) Regulations, 2023

October 16, 2023 1236 Views 0 comment Print

Explore significant changes introduced by Reserve Bank of India in Foreign Exchange Management (Debt Instruments) Regulations for 2023.

CA Exams in November 2023 Postponed Due to Elections in MP & Chhattisgarh

October 15, 2023 2262 Views 0 comment Print

Important announcement from ICAI: November 2023 Chartered Accountant Exams rescheduled due to state assembly elections in Chhattisgarh and Madhya Pradesh.

Amendment in HBPs 2023: GST Input Tax Credit for Advance Authorization Scheme

October 13, 2023 432 Views 0 comment Print

Government of India’s Ministry of Commerce & Industry makes key amendments to Para 4.10 (i) of the Handbook of Procedures, impacting Input Tax Credit on GST paid materials.

Non-Disclosure of Interest in Form MBP-1 – MCA imposes Rs. 3 Lakh Penalty

October 11, 2023 4725 Views 1 comment Print

Learn about the penalties imposed by the Ministry of Corporate Affairs (MCA) on N.S.J.L. NIDHI LIMITED for not disclosing interests in Form MBP-1. Analysis, implications, and more.

MCA Imposes Rs. 2 Crore Penalty for Section 42(6) Violation

October 11, 2023 39159 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) imposes a 2 crore penalty on My Wheels Private Limited for violating Section 42(6) of the Companies Act. Explore the case, implications, and analysis.

Intervention Application in CIRPs – Legal Complexities

October 10, 2023 2193 Views 0 comment Print

Explore the complexities of simultaneous Corporate Insolvency Resolution Processes (CIRPs) in a recent case – Mars Remedies Pvt Ltd Vs BDH Industries Limited.

Understanding Section 263: Erroneous Orders & Revenue Impact

October 10, 2023 741 Views 0 comment Print

Explore PCIT vs H.T.L Ltd case – invoking Section 263. Learn about the two crucial conditions, erroneous orders, and revenue impact, in this Delhi High Court judgment

IBBI directs IP to be more diligent & careful in handling assignments under IBC

October 6, 2023 321 Views 0 comment Print

IBBI directs Insolvency Professional Vishva Deep Sharma to be more diligent in handling IBC assignments. Analysis and findings provided.

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