Learn about the Indian Institutes of Management (Amendment) Act, 2023. Discover the amendments made, their impact on IIMs, and how the Act aims to enhance management education in India.
MCA’s decision to reduce penalty from Rs.20 Lakh to Rs.3.50 Lakh for a delay in Company Secretary appointment. Rationale and implications for CETC Renewable Energy Technology (India) Private Limited.
Reserve Bank of India’s latest directive requires banks to maintain an extra daily balance, impacting financial institutions across the nation.
Ministry of Corporate Affairs reduces penalty for delayed e-Form DIR-12 filing in case of CETC Renewable Energy Tech. Know full case details.
Read the CESTAT Chandigarh order quashing the excise duty demand on bought-out items by Oil Lube Systems. The appeal is partly allowed due to lack of proof for inclusion.
Introduction: Dive into the Ministry of Commerce and Industry’s latest initiative – the Electric Ceiling Type Fans (Quality Control) Order, 2023. This analysis explores the Order’s scope, commencement, standards, implementation, and the role of the Bureau of Indian Standards in ensuring quality control for electric ceiling fans. Analysis: On August 9, 2023, the Ministry of […]
Analysis of the CESTAT Ahmedabad case between Qumruzzama Khan & C.C.E & S.T.-Vapi regarding penalties under Rule 26 of Central Excise Rules, 2002.
Service Tax Leviable on Real Estate Agent if it acted as a middleman/ agent in the purchase and sale of immovable property and the amount received is consideration for such services.
Introduction: Blue Sapphire Healthcares Private Limited and its directors. has been penalized by MCA for the delay in circulating draft minutes of its board meetings, a violation of Section 118 of the Companies Act, 2013. Analysis: The Ministry of Corporate Affairs (MCA) has invoked Section 118 of the Companies Act, 2013, to impose penalties on […]
MCA imposed penalties on Blue Sapphire Healthcares Private Limited and its directors for failing to send financial statements and auditor’s reports with AGM notice
