SEBI has proposed major reforms to the Pre-open Call Auction mechanism after concerns over artificially suppressed prices in IPO and re-listed stocks. The proposal includes revised base price rules, automatic price band flexing, and stricter price discovery conditions.
The IFSCA clarified that retrocession and retention requirements apply to the entire gross reinsurance premium of IFSC Insurance Offices, including international business generated outside India. The guidance also explains compliance responsibilities of MGAs and foreign reinsurers.
The ROC imposed the maximum statutory penalty on a Nidhi company for non-filing of financial statements under Section 137(3) of the Companies Act, 2013. The Managing Director was also penalized separately for continuing default.
The ROC penalized a Nidhi company and its Managing Director for non-filing of financial statements under Section 137(3) of the Companies Act, 2013.
The ROC imposed penalties on a Nidhi company and its Managing Director for non-filing of financial statements under Section 137(3) of the Companies Act, 2013.
Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2025; fines apply for non-compliance.
Understand the mandatory GST compliances when closing a business, including return filing and tax on stock. The guidance clarifies liability calculation and procedural requirements.
This explains the structured process for appointing audit firms, highlighting strict eligibility conditions and evaluation methods. It clarifies that only qualified, experienced firms meeting all criteria are considered, ensuring transparency and quality in audit selection.
The consultation highlights that existing net worth calculations based on retained client funds are no longer effective. A revised framework is proposed to better reflect broker risk exposure and ensure investor protection.
Government revises AIR of duty drawback for gold and silver jewellery under Notification 41/2026-Customs (N.T.) dated April 24, 2026.
