ICSI announced that its 2026 elections will be conducted through an online preferential voting system, marking a global first for a professional body and advancing transparency, accessibility, and member participation.
CAAS welcomed the Supreme Court’s draft AI regulations while proposing changes to improve implementation at the filing counter. The key takeaway is that innovation should be accompanied by practical safeguards for litigants and professionals.
CAAS has requested the Gujarat Industries Commissionerate to direct all DIC offices to accept certificates containing ICAI-mandated safeguard clauses. The representation argues that professional standards cannot be overridden by rigid departmental formats.
CAAS has urged CPCB to discontinue certificate formats requiring Chartered Accountants to certify proposed investments as completed facts. The representation argues that such requirements conflict with established professional standards.
The IBBI appellate authority held that information not maintained by the Board cannot be disclosed under the RTI Act. The ruling reiterates that public authorities are only required to provide records actually held by them.
The adjudicating authority held that an unlisted public company violated Section 29 by continuing to issue and transfer shares in physical form without ISIN registration, resulting in substantial penalties.
The ROC held that filing Form PAS-6 after the statutory deadline does not erase the period of default. The company and its directors remained liable for penalties until the date compliance was actually achieved.
The adjudicating authority held that filing Form PAS-6 after the due date does not wipe out the period of default. Maximum penalties were imposed on the company and its directors for prolonged non-compliance.
SEBI has proposed a uniform framework for fixing price bands and pre-open base prices for scrips listed on multiple exchanges. The move seeks to address price divergence caused by non-trading on one or more exchanges.
SEBI has granted additional time for merchant bankers to comply with SBU segregation and revised net worth norms after industry participants highlighted implementation difficulties. The circular aligns major financial compliance milestones with the financial year-end.
