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MCA Imposes Penalty for Failure to Convene Board Meeting within 120 Days

May 24, 2024 1182 Views 0 comment Print

MCA imposes penalties on Aspect Technology for failing to convene a board meeting within the 120-day interval which violates section 173(1) of Companies Act

Failure to Maintain Minimum paid-up capital: MCA Imposes ₹4.5 Lakh Penalty

May 24, 2024 1164 Views 0 comment Print

Reflektion Media Software India Pvt. Ltd. failed to maintain the minimum paid up capital as prescribed for a private company of Rs. 1,00,000 –  MCA imposes Penalty

MCA Imposes Penalty on Company & Directors for Not Maintaining Minutes

May 24, 2024 648 Views 0 comment Print

Jai Shree Krishna Steel Works fined ₹25,000 by MCA for failing to maintain meeting minutes as per Section 118 of the Companies Act, 2013.

Classification & Notification of Parts to manufacture ASSY-Case front: CAAR Ruling

May 24, 2024 1413 Views 0 comment Print

Read the CAAR ruling on Elentec India Pvt. Ltd.’s query regarding Customs duty exemption under Notification no. 09/2024 for manufacturing “ASSY-CASE-FRONT” and classification.

SEBI Master Circular on Debt Securities and Commercial Paper

May 22, 2024 1887 Views 0 comment Print

Explore SEBI’s Master Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, and more. Stay compliant with SEBI regulations.

Circular No. 05/2024-Customs on Disposal of Unmanned Aircraft Systems

May 22, 2024 1875 Views 0 comment Print

The latest CBIC Circular No. 05/2024 outlines revised protocols for the disposal of Unmanned Aircraft Systems, updating nodal officer details and contact information.

SEBI Consultation Paper on Easing Business under MB, BTI & Buyback Regulations

May 22, 2024 1017 Views 0 comment Print

SEBI invites public comments on Expert Committee recommendations to ease compliance under Merchant Bankers Regulations, Bankers to an Issue Regulations, and Buyback Regulations.

GST New Registration Application will be assigned to State GST from 25th to 31st May

May 22, 2024 4356 Views 0 comment Print

Learn about the CBIC’s migration to GSTN Back Office starting June 1, 2024, and its impact on state tax administrations handling new registration applications.

Govt revises Tariff Values for Edible Oils, Metals, Areca Nuts wef 22.05.2024

May 21, 2024 492 Views 0 comment Print

The Government of India fixes tariff values for crude palm oil, brass scrap, areca nuts, gold, and silver, effective May 22, 2024, under Notification No. 37/2024-Custom (N.T.).

Section 177(2) Audit Committee Rule Non-Compliance: ₹6 Lakh Penalty levied

May 21, 2024 891 Views 0 comment Print

Penalty imposed on Dalas Biotech Limited for failing to constitute an Audit Committee as per Section 177(2) of the Companies Act, 2013.

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