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MCA imposes ₹3,00,000 for Penalty for Violation of Section 12 of Companies Act

December 24, 2024 1323 Views 0 comment Print

Surging Spring Technology Pvt. Ltd. faces penalties for violating Section 12 of the Companies Act, 2013, following non-maintenance of its registered office.

Process and expediting assessment in FAG – Classification of LED Chips

December 21, 2024 159 Views 0 comment Print

Public Notice 20/2024 emphasizes uploading detailed documents for accurate classification of LED chips during customs assessment, reducing delays and queries.

MCA imposes Penalty on Chimsen Tech for SBO Non-Compliance

December 21, 2024 240 Views 0 comment Print

Registrar of Companies penalizes Chimsen Technology ₹8 lakh for delayed SBO declaration under Section 90 of the Companies Act, 2013. Payment due within 90 days.

SEBI Updates Policy for Sharing Data for the Purpose of Research / Analysis

December 20, 2024 330 Views 0 comment Print

SEBI updates data sharing policy for research by accredited institutions, segregating public and restricted data for better research access.

Non-Appointment of CS, CFO, WTD: MCA Reduces Penalty by Rs. 62.78 Lakh

December 18, 2024 17916 Views 0 comment Print

Mahatamil Mining and Thermal Energy Ltd appeals against ROC penalties for non-appointment of key managerial personnel under Section 203 of the Companies Act, 2013.

1,12,962 Companies registered during the current FY 2024-25

December 17, 2024 516 Views 0 comment Print

Over 1.12 lakh companies registered in FY 2024-25, with various government initiatives to reduce costs and improve ease of doing business.

MITRA: Platform to Trace Inactive & Unclaimed Mutual Funds

December 17, 2024 921 Views 0 comment Print

SEBI launches MITRA, a platform for investors to trace inactive and unclaimed mutual fund folios and prevent fraud.

CBDT Launches E-Campaign to Resolve Income and Transaction Mismatches

December 17, 2024 4419 Views 0 comment Print

CBDT’s electronic campaign helps taxpayers fix mismatches in income and transactions for FY 2023-24 and 2021-22. Revised ITRs can be filed until Dec 31, 2024.

11.6 Lakh Women Directors in Indian Companies

December 17, 2024 153 Views 0 comment Print

Over 11.6 lakh women directors are active in public and private companies. New provisions encourage women’s participation in corporate decision-making.

IBC Strengthened with 6 Amendments and 100+ Regulatory Changes by IBBI

December 17, 2024 198 Views 0 comment Print

Government has amended the IBC six times and IBBI made over 100 changes to improve insolvency resolution and asset value maximization.

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