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SEBI Circular: Brokers’ Mechanism for Fraud Prevention & Market Abuse Detection

July 4, 2024 1686 Views 0 comment Print

SEBI issues circular mandating stock brokers to establish fraud prevention mechanisms. Details on surveillance systems, whistleblower policies, and implementation timelines.

Delay in Share Certificate Issuance – Section 56(4): MCA imposes Penalty

July 4, 2024 5157 Views 0 comment Print

MCA imposes a penalty on T. Forrest & Sons India Pvt Ltd for delaying the issuance of share certificates, violating Section 56(4) of the Companies Act, 2013.

Non-Regularisation of Additional Director: MCA Imposes ₹3 Lakh Penalty

July 4, 2024 1701 Views 0 comment Print

Explore the implications of MCA penalizing TDMAX Manufacturing & Services Pvt Ltd for not regularizing an additional director under Section 161(1) of the Companies Act, 2013.

CBI Apprehends CGST Inspector Accepting Rs 2.50 Lakh Bribe

July 4, 2024 942 Views 0 comment Print

Read about the CBI apprehending a CGST Inspector in Rajkot for accepting a bribe of Rs 2.50 lakh. Detailed analysis of the case and its implications.

Reduction in denomination of debt securities & NCRPS by SEBI

July 3, 2024 1758 Views 0 comment Print

SEBI reduces the denomination of debt securities and non-convertible redeemable preference shares to Rs. 10,000, enhancing investor participation and market liquidity.

Amendments to Customs Notifications on Electronics Imports

July 3, 2024 2130 Views 0 comment Print

Govt. amends Customs Notifications Nos. 25/1999, 25/2002, and 57/2017 to revise regulations on electronics imports, effective from 24th July 2024.

Draft Regulation & Directions related to Foreign Trade under FEMA,1999

July 2, 2024 1896 Views 0 comment Print

Explore RBI’s new draft regulations under FEMA 1999 aimed at easing export-import processes. Learn about proposed changes and how they impact businesses.

Violation of Section 10A of Companies Act: MCA imposes Rs. 3.5 Lakh Penalty

July 2, 2024 21087 Views 0 comment Print

Adjudication of penalties for 5B Industries India Pvt Ltd for violating Section 10A of the Companies Act, 2013. Learn about the case details and imposed penalties.

Google India not guilty of providing a monopoly space to Truecaller: CCI

July 1, 2024 3462 Views 0 comment Print

It has been alleged that Google is granting exclusive access to Truecaller to share private contact information of the users with everyone while prohibiting other apps from doing the same. By doing this, Google is favouring Truecaller and distorting the market for caller ID and spam protection apps thereby providing a monopoly space to Truecaller.

SEBI Mandates Email as Default Mode for CAS Dispatch

July 1, 2024 1566 Views 0 comment Print

SEBI mandates email as default mode for Consolidated Account Statement (CAS) dispatch by depositories and MF-RTAs. Effective from August 1, 2024.

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