Follow Us:

Shayona Petrochem Limited Penalized for late-filing of Financial Statement

December 21, 2023 564 Views 0 comment Print

Government of India’s Ministry of Corporate Affairs imposes penalties on Shayona Petrochem Limited and its directors for violating Section 137 of the Companies Act, 2013.

IBBI Suspends IP for conducting auctions in an improper manner

December 21, 2023 654 Views 0 comment Print

DC finds that Mr. Nirav Anupam Tarkas has conducted the auctions in an improper manner in CD-1 by inviting bids for already sold vehicles and reducing the reserve price beyond permissible prescribed limits. With regard to the CD-2 and CD-3, the DC finds that Mr. Nirav Anupam Tarkas failed to perform his duties as per […]

IBBI Circular: Insolvency Professionals’ Declarations – Form C Clarification

December 21, 2023 1107 Views 0 comment Print

Explore IBBI’s latest circular clarifying the submission of declarations by insolvency professionals in Form C for initiating insolvency resolution processes. Key details for creditors and professionals.

Foreign Exchange Management (Manner of Receipt & Payment) Regulations, 2023

December 21, 2023 3129 Views 0 comment Print

Explore the latest Foreign Exchange Management Regulations by RBI in 2023. Learn about payment methods, trade transactions, and the impact on India’s financial landscape.

NFRA debars S. Kumars Nationwide Limited auditor for 5 years & imposes penalty

December 20, 2023 5856 Views 0 comment Print

NFRA has debarred auditor of S. Kumars Nationwide Limited (SKNL) for a period of five years. This decision comes as a result of investigations conducted under Section 132(4) (c) of Companies Act, 2013.

Income Tax Raids and Prosecutions: Trends and Outcomes (2019-2023)

December 19, 2023 2661 Views 0 comment Print

Explore Lok Sabha Unstarred Question No. 2486 on Income Tax (IT) raids, prosecutions, and recovered amounts. Detailed analysis of actions and outcomes from 2019 to 2023

Politically Exposed Persons (PEPs): Definition, FATF and Compliance Efforts

December 19, 2023 2952 Views 0 comment Print

Post provides a comprehensive exploration of the multifaceted world of Politically Exposed Persons. The detailed analysis encompasses the definition, regulatory influences, potential expansions, compliance efforts, and the broader implications of India’s stance on anti-money laundering and anti-terrorism financing.

ICAI Draft on Consequence of non-compliance with CPE hours requirement

December 19, 2023 36546 Views 0 comment Print

Explore the Exposure Draft by ICAIs CPE Committee on consequential provisions for non-compliance with CPE hours, effective from 2024. Share your views by January 2, 2024.

Rising UPI Transactions: A Paradigm Shift in India’s Digital Payment Landscape

December 19, 2023 1866 Views 0 comment Print

Discover exponential growth of UPI transactions in India, from Rs. 1 lakh crore in FY 2017-18 to Rs. 139 lakh crore in FY 2022-23. Explore driving forces and government initiatives

Yuvraj International Limited Penalized for late-filing of Financial Statement

December 18, 2023 471 Views 0 comment Print

Government of India’s Ministry of Corporate Affairs imposes penalties on Yuvraj International Limited and its directors for breaching Section 137 of the Companies Act, 2013

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031