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FSSAI Clarifies ONDC Compliance Rules Due to Multi-Entity E-commerce Model

March 18, 2026 879 Views 0 comment Print

FSSAI has issued detailed guidelines dividing responsibilities between buyer and seller apps in the ONDC model. The order ensures accountability, food safety, and regulatory compliance in decentralized e-commerce transactions.

Advisory on Ransomware Groups Targeting NAS Devices used by CA & Consulting Firms

March 16, 2026 789 Views 0 comment Print

I4C warns that ransomware groups are targeting NAS devices used by CA and consulting firms by exploiting weak credentials, unpatched vulnerabilities, and exposed internet interfaces. The advisory urges firms to strengthen NAS security, enable MFA, and maintain offline backups.

Annual Fee System Introduced as Law Ends Periodic Renewal of Insurance Registrations

March 16, 2026 1050 Views 0 comment Print

The insurance regulator clarified that certificates of registration for intermediaries will now remain valid indefinitely. The change eliminates the earlier three-year renewal framework, subject to payment of an annual fee.

Advisory on pre-deposit Payment while filing GST appeal before First Appellate authority

March 14, 2026 16545 Views 0 comment Print

GSTN clarified that payments made through Form GST DRC-03 are not automatically adjusted against a demand order. Taxpayers must file Form GST DRC-03A to link the payment before filing an appeal.

FSSAI Revises Turnover Limits to Reduce Compliance Burden on Small Food Businesses

March 13, 2026 1305 Views 0 comment Print

FSSAI has revised turnover thresholds for food business registration and licensing under the 2026 amendment regulations. The new limits aim to streamline regulatory compliance and reduce burdens on smaller food businesses.

Directors & Cpompany Fined for Non-Filing of Mandatory MGT-14 Under Companies Act

March 13, 2026 171 Views 0 comment Print

The adjudicating authority held that failure to file the board resolution within the prescribed 30-day period violated Section 117 of the Companies Act. The company and its directors were penalized.

ROC Penalizes Company & Directors for Not Filing Resolution Approving Financial Statements

March 13, 2026 312 Views 0 comment Print

The adjudicating authority held that failure to file the board resolution within 30 days violated Section 117 of the Companies Act. As a result, the company and its directors were penalized.

Maximum Penalty Imposed for Failure to File MGT-14 on Board Resolution Approving Financial Statements

March 13, 2026 180 Views 0 comment Print

The ROC imposed the maximum statutory penalty after the company failed to file Form MGT-14 for the board resolution approving financial statements. Non-compliance with Section 117 led to penalties on both the company and its directors.

RTI Appeal Rejected as IBBI Not Required to Create or Compile Information

March 13, 2026 648 Views 0 comment Print

The appellate authority held that public authorities under the RTI Act must only provide information already available in records. They are not obligated to create or compile new data or explanations.

IFSCA Proposes Regulatory Framework for Financial Advisers at GIFT-IFSC

March 11, 2026 699 Views 0 comment Print

A working group has recommended creating a regulatory ecosystem for Independent Financial Advisers at GIFT-IFSC. The proposal aims to improve investor protection and expand retail and NRI participation in the IFSC ecosystem.

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