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Penalty Imposed Due to Non-Disclosure of Director DINs

December 10, 2025 399 Views 0 comment Print

A company and its director were penalised for failing to mention directors’ DINs in financial statements, highlighting the importance of accurate statutory disclosures under Section 158.

ROC Ahmedabad imposes Penalty for Delay in Convening Board Meeting

December 10, 2025 570 Views 0 comment Print

A company and its directors were penalised under the Companies Act for failing to hold a quarterly board meeting within the prescribed 120-day period, highlighting strict enforcement of Section 173 compliance.

Banking Regulation (Co- operative Societies) Amendment Rules, 2025

December 10, 2025 3666 Views 0 comment Print

The 2025 amendment introduces the term “ineligible director” and prescribes a drawing-of-lots method for board reconstitution, clarifying removal and succession procedures in co-operative banks.

Manipur GST (Second Amendment) Act, 2025: Track-and-Trace Mechanism

December 10, 2025 573 Views 0 comment Print

The 2025 amendment mandates unique identification marking for specified goods and imposes penalties for non-compliance, strengthening tracking and accountability under Manipur GST.

Amendment Revises Banking Company Reporting Timelines

December 10, 2025 771 Views 0 comment Print

The 2025 amendment changes reporting dates in Forms VIII and X from alternate Fridays to the 15th and last day of the month, standardizing monthly compliance for banking companies.

PFRDA Mandates New Investment Limits in Non-Government NPS Accounts

December 10, 2025 1593 Views 0 comment Print

PFRDA consolidates and updates NPS Tier-I & II investment rules for non-government sectors, specifying asset classes, limits, and rating norms. Ensures risk management and fiduciary responsibility.

IBBI Not Required to Collate Employee Pay Details: RTI Appeal Dismissed

December 10, 2025 324 Views 0 comment Print

Appeal challenging non-disclosure of pay, allowances, and travel guidelines was dismissed, as the information was already accessible online and exempt under the RTI Act.

ICSI Seeks Tougher Corporate Governance After Indigo incident

December 9, 2025 669 Views 0 comment Print

The release calls for enhanced board accountability following a recent aviation governance incident. ICSI highlights the need for independent oversight, risk management and transparent processes to protect stakeholders.

New Labour Codes Modernizing India’s MSME Ecosystem

December 9, 2025 1185 Views 0 comment Print

Labour reforms streamline approvals, licensing, and reporting for MSMEs, reducing regulatory hurdles and fostering faster business expansion.

Production Linked Incentive (PLI) for pharmaceutical and medical devices

December 9, 2025 1398 Views 0 comment Print

PLI initiatives have significantly increased domestic production of APIs, KSMs, DIs, and high-end medical devices, reducing import dependence and supporting export growth.

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