DGFT issued a Corrigendum on October 10, 2025, removing Circular from the SION C888 export description for stainless steel washers, effective immediately.
SEBI proposes changes to MII Master Circulars, simplifying compliance and governance for stock and commodity exchanges. Measures include merging Investor Protection Funds, removing obsolete provisions, and streamlining reporting to promote ease of business.
ROC Delhi held that unscored or uninitialed blank pages in minutes constitute non-compliance under Section 118(11). A ₹25,000 penalty was levied on the company and ₹5,000 each on defaulting directors.
Rosmerta Autotech Ltd. and its directors were penalized for maintaining board minutes without serial numbers for FY 2017-18. ROC emphasized strict compliance with Section 118(11) and Secretarial Standards SS-1 & SS-2.
Registrar of Companies, Mumbai, penalized a private company and its two directors ₹5,000 each for inaccurately stating the number of board meetings in the FY 2020–21 annual return, violating Section 92(1)(f) read with Section 450 of the Companies Act, 2013.
RBI’s 2025 draft Master Directions propose a stronger internal ombudsman system to ensure fair and timely customer grievance resolution within banks, NBFCs, and payment entities before escalation to RBI Ombudsman.
RBI releases the draft Reserve Bank – Ombudsman Scheme, 2025 for public review until October 28. It revises the grievance redressal process for customers of regulated entities.
PFRDA rationalizes NPS Auto Choice and Life Cycle Fund names to align with actual equity and risk profiles. Funds are now Common Schemes (CS) under the Multiple Scheme Framework.
This Reserve Bank of India (RBI) Notification No. FEMA 3(R)(4)/2025-RB, dated October 06, 2025, introduces an amendment to the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018. Specifically, the amendment inserts a new clause, (iv), into sub-regulation 7A of the Principal Regulations. The core change permits an Authorised Dealer (AD) Category-I bank in India to […]
CBIC seeks urgent nominations (AC to Addl. Commissioner) for the India-EU P2P-U.S. Strategic Trade Control (STC) Advanced Licensing and Enforcement Exchange in Brussels (Dec 2025).
