MCA has imposed a penalty on Alag Brainworks Limited for violating Section 117 of Companies Act, 2013 by failing to file a member’s resolution and explanatory statement within specified time frame. Learn more about the case and the penalties imposed by the MCA.
Reserve Bank of India (RBI) has released a draft circular on Arrangements with Card Networks for issue of Debit, Credit, and Prepaid Cards. RBI invites stakeholders to provide comments and feedback on the draft circular by August 4, 2023.
The J&K High Court dismissed a writ petition challenging a show cause notice on banned yarn shawl exports, asserting that the case’s jurisdiction lies in Delhi, not J&K.
The ITAT Kolkata recently deleted an addition made on interest receipt by the CIT(A) in the case of Guruji Mercantile Pvt. Limited Vs ITO, citing lack of jurisdiction.
A thorough review of the CESTAT Ahmedabad case between Kandla Port Trust and C.C.E. & Kutch (Gandhidham) where the CESTAT quashed the order as the SCN was time-barred.
Frequently Asked Questions (FAQs) on New Scheme of Education and Training released by The Institute of Chartered Accountants of India PART A : GENERAL FAQs Q 1: When has the New Scheme of Education and Training been launched? Ans: The New Scheme of Education and Training has been launched on CA Day, i.e. 1st July, 2023. […]
Read about penalty imposed by MCA on Antique Exim Pvt. Ltd. for violating Section 138 of Companies Act, 2013 by failing to appoint an internal auditor. The penalty amount is Rs. 3 lakh.
In the case between Pelican Rubber Ltd and Commissioner of Customs, CESTAT Hyderabad asserts that a CA Certificate is insufficient to prove the incidence of duty, directing a remand to the Original Authority for re-examination.
Ministry of Corporate Affairs imposes a penalty on Tanu Mercantile for not using proper company letterhead as per Companies Act, 2013. A comprehensive breakdown of case, implications, and penalty imposed.
Stay updated with the latest amendments to the Securities and Exchange Board of India (SEBI) regulations for Issue and Listing of Non-Convertible Securities. Learn about the changes introduced through the Second Amendment Regulations 2023. Read the full notification for more details.
