Choosing the right term insurance cover depends on factors such as income, family size, expenses, and liabilities. The article explains when ₹2 crore coverage may be suffi-cient and when higher protection may be needed.
The adjudicating authority imposed penalties after a company circulated a private placement offer letter before filing the required board resolution with the Registrar, violating Rule 14(8) of the securities rules.
The authority imposed penalties after a company filed Form PAS-3 35 days late following a rights issue allotment. The order highlights the mandatory 30-day deadline for filing return of allotment under Section 39.
ICAI introduces a new system allowing candidates to directly select their preferred examination centre in the online form for May 2026 CA exams, though final allotment remains with the Institute.
SEBI released a circular introducing detailed operational, governance, and risk management requirements for custodians following amendments to the Custodian Regulations. The guidelines mandate activity segregation, enhanced compliance systems, and business continuity frameworks.
ROC Gwalior penalized a company for failing to file Consolidated Financial Statements in Form AOC-4 CFS for FY 2017-18 as required under Section 137 of the Companies Act, 2013. The order highlights that incorrect disclosure in statutory filings and omission of CFS constitutes a compliance violation. Penalties were imposed on both the company and its directors.
The Registrar of Companies imposed penalties after a company filed its annual return 245 days late in violation of Section 92 of the Companies Act, 2013. Despite claims of an inadvertent procedural lapse, the adjudicating authority held the company and its directors liable and levied monetary penalties.
SEBI clarified that a cousin does not fall within the statutory definition of a relative under the Companies Act and LODR Regulations. Therefore, a cousin of a promoter-group member may be eligible for appointment as an Independent Director, subject to other conditions.
The 2026 amendment revises the definition of fair value to include tangible, intangible assets and underlying synergies, and mandates a structured multi-valuer mechanism. It also prescribes clearer timelines and introduces safeguards where valuation estimates differ significantly.
The government has notified procedures for export authorization of an additional 5 LMT of wheat flour under HS Code 1101. Applications must be filed online within a fixed window and will be allocated by a Special EFC based on eligibility and export performance.
