To ease compliance for research analyst firms, SEBI created a separate certification module for sales and relationship managers who interact with clients but do not perform research functions.
The adjudicating authority held that incorrect information in Form AOC-4 XBRL violated Rule 8(3) of the Companies Rules. Penalties were imposed on the director and the certifying CA responsible for the filing.
The ROC held that although the annual return was filed late, the company rectified the default before the show cause notice was issued. Hence, under Section 454(2) of the Companies Act, no penalty was imposed.
IRDAI held discussions with US-based financial services stakeholders to explore opportunities in India’s insurance market and share recent regulatory reforms.
The ROC penalized a company and its director for failing to disclose PAN, occupation, and email details of allottees in PAS-3 returns. The violation attracted penalty under Section 450 of the Companies Act due to absence of a specific penalty provision.
RBI clarified how Asset Reconstruction Companies should compute owned funds, allowing inclusion of quarterly profits subject to audit and dividend adjustment.
RBI updated rules permitting wholly owned subsidiaries of foreign banks to declare dividends like domestic banks while complying with prudential norms and FEMA.
RBI replaced its previous Small Finance Bank dividend framework with revised directions effective FY 2026-27 while preserving legal validity of earlier approvals and proceedings.
The new RBI Directions mandate that dividend payments cannot reduce regulatory capital below required thresholds, ensuring stronger financial resilience among regional rural banks.
The amendment extends the deadline for settling tax arrears from 31 December 2025 to 31 March 2026, giving taxpayers additional time to avail benefits. This move aims to increase participation and ease pending tax disputes under the scheme.
