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Company & Directors Penalized for Failing to Issue Securities in Dematerialized Form

January 8, 2025 1233 Views 0 comment Print

The Registrar of Companies penalized BCL Homes Limited and its directors for violating Section 29(1)(b) of the Companies Act, 2013. Learn about the adjudication process.

CSR provision Violation: MCA reduces Penalty from ₹1.59 Crore to ₹32.72 Lakh

January 8, 2025 8349 Views 1 comment Print

Vishnupriya Hotels appealed against CSR non-compliance penalties. The Regional Director reduced the fine after reviewing submissions. Read the full case summary.

SEBI Revises Timelines for Credit Rating Agencies (CRAs)

January 7, 2025 1554 Views 0 comment Print

 SEBI modifies timelines for credit rating reviews and press releases by CRAs, focusing on working days. New measures aim to improve uniformity and efficiency.

Draft Rules for Automatic Level Gauges – comments from stakeholders

January 7, 2025 759 Views 0 comment Print

 “Draft Legal Metrology Rules for Automatic Level Gauges open for stakeholder comments. Submit feedback by 06.02.2025 via email. Details on specifications included.”

MCA imposes Penalty on listed Company for failure to appoint a woman director

January 7, 2025 1182 Views 0 comment Print

TPI India Limited was fined ₹3,18,500 by the ROC for failing to appoint a woman director as required under Section 149(1) of the Companies Act, 2013.

Independent Directors of Company failed to hold a separate meeting: MCA imposes Penalty

January 7, 2025 1809 Views 0 comment Print

Anheuser Busch InBev India Limited fined ₹9,00,000 for failing to hold mandatory independent directors’ meetings under Section 149 of the Companies Act, 2013.

Addendum to FAQs on UDIN Data Type Changes

January 7, 2025 1626 Views 0 comment Print

Updates to UDIN portal include a shift from alphanumeric to numeric data type for figures across Certificates, GST & Tax Audit, and Audit & Assurance categories.

AAAR Ruling on GST on Bakery Products and Services by Pioneer Bakers

January 5, 2025 3276 Views 0 comment Print

GST AAAR Odisha clarifies tax applicability on Pioneer Bakers’ supply of cakes, bakery items, and related services, including composite supply classification.

SEBI to Amend Merchant Banker Regulations, 1992

January 5, 2025 2598 Views 0 comment Print

SEBI plans amendments to Merchant Banker Regulations, defining permitted activities, revising categories, and ensuring compliance with securities market norms.

SEBI proposes Review of SME Framework Under ICDR Regulations 2018 & 2015

January 5, 2025 1698 Views 0 comment Print

SEBI proposes revisions to SME frameworks under ICDR and LODR Regulations, focusing on enhanced transparency, corporate governance, and uniform compliance.

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