The ROC imposed the highest permissible penalty for not filing MGT-14 on approval of accounts. The order reiterates that continued non-compliance with section 117 invites strict financial consequences.
Stakeholders seek more time for GSTR-9 and 9C as new ITC reporting rules introduce granular, multi-year reconciliations that significantly raise compliance effort and risk of errors.
The amendment specifies that identity and address verification rests with the entity that last updated CKYCR records. ARCs relying on such data are spared repeat checks but remain responsible for full customer due diligence.
The amendment clarifies that identity and address verification lies with the entity that last updated CKYCR records. NBFCs relying on such records need not repeat verification but must continue full customer due diligence.
The amendment clarifies that identity and address verification rests with the entity that last updated CKYCR records. Regional rural banks relying on such records are spared repeat checks but remain fully responsible for ongoing due diligence and AML compliance.
The amendment clarifies that identity and address verification rests with the entity that last updated CKYCR records. Small finance banks relying on such records are spared repeat checks but must continue full customer due diligence under KYC norms.
The amendment clearly assigns identity and address verification to the entity that last updated customer records in CKYCR. Banks relying on such records are relieved from repeat checks but must continue full customer due diligence under KYC norms.
The Government has deferred the commencement date of a notification issued under the LLP Act. The effective date now shifts from January 1, 2026, to February 16, 2026, without changing the substance of the law.
MCA amended its notification to postpone implementation of the reorganised Registrars of Companies framework under the Companies Act.
The amended rules replace outdated FEMA references and redefine foreign investment as FDI under the Non-debt Instruments Rules, 2019. This ensures regulatory consistency and clarity for foreign investors in Indian insurance companies.
