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SEBI Circular on AIFs Dissolution and Liquidation Period

July 9, 2024 924 Views 0 comment Print

SEBI issues guidelines for AIFs on dissolution periods, additional liquidation, and in-specie distribution. Detailed compliance requirements for schemes.

Non-adherence to CSR requirements: MCA imposes penalty on directors

July 9, 2024 696 Views 0 comment Print

Lantiq Communications India Pvt Ltd faces penalties for CSR non-compliance under Sections 134 and 135 of the Companies Act. Penalties for directors include ₹1,00,000 each.

Failure to convey Board Meetings: MCA imposes ₹28.5 Lakh Penalty

July 9, 2024 570 Views 0 comment Print

Water and Sanitation for Urban Poor NGO penalized for non-compliance with board meeting requirements from 2011 to 2019. Detailed adjudication order inside.

MCA levied ₹10 Lakh Penalty for Related Party Income Over 10% Without Approval

July 9, 2024 18600 Views 0 comment Print

Company earned over 10% of turnover from a related party but failed to get shareholder approval, violating section 188. MCA imposes a penalty.

Non-Disclosure of Related Party Transactions: MCA Imposes Penalty

July 9, 2024 2061 Views 0 comment Print

Tablespace Technologies fined ₹1,00,000 for failing to disclose director’s interests as required by Section 184 of the Companies Act.

GST on vehicle services on per kilometer basis: AAR allows Application withdrawal

July 9, 2024 81 Views 0 comment Print

Explore the detailed analysis of the GST AAR Karnataka ruling on M/s. T S Transport. Understand the implications and decision under CGST Act 2017.

GST on drawings by sub-consultants: AAR allows Application withdrawal

July 9, 2024 93 Views 0 comment Print

Discover the analysis of the GST AAR Karnataka ruling on M/s. Studio 30 Architects & Planners. Understand the implications of withdrawal under CGST Act 2017.

GST on body built on chassis: AAR allows withdrawal of Application

July 9, 2024 42 Views 0 comment Print

Explore the implications of the GST AAR Karnataka ruling on KMS Coach Builder Private Limited’s withdrawal of their application. Understand the GST rate controversy and its resolution.

Why Share Market Live Updates are Essential for New Investors

July 9, 2024 591 Views 0 comment Print

New investors can feel the stock market is chaotic and unpredictable. Share prices fluctuate constantly, reacting to news events, earnings reports, economic data, and investor sentiment.

SEBI Circular: Prudential Norms for Passive Schemes’ Exposure to Sponsor Group Companies

July 8, 2024 498 Views 0 comment Print

Explore SEBIs latest circular on streamlining prudential norms for Mutual Fund schemes’ investments in sponsor group companies. Understand the implications and compliance requirements.

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