The Third Amendment Regulations, 2026 replace references to Forms P1–P14 with formats to be notified by the IBBI. The Schedule containing the prescribed forms has also been omitted.
Notification 20/2026-Customs grants customs duty and AIDC concessions on specified imports from Oman, including TRQ benefits, from 1 June 2026.
The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity. The amendment creates a new avenue for funding public welfare projects through Social Stock Exchange-listed NPOs.
The First Appellate Authority held that details of the official who uploaded CIRP documents were exempt from disclosure under Section 8(1)(j) of the RTI Act due to absence of larger public interest.
ROC Mumbai held that repeated return of official notices proved non-maintenance of a registered office under Section 12(1) of the Companies Act. The company and its directors were penalized under Section 12(8) despite claims of temporary closure and health-related disruptions.
The ROC held that incorrect disclosure in Form AOC-4 amounted to violation of Rule 8(3) of the Companies Rules. Even inadvertent filing mistakes in digitally signed forms can lead to penalties under Section 450.
RBI amended governance rules for Rural Co-operative Banks after observing that some directors were briefly resigning and returning to Boards to bypass statutory tenure restrictions. The new rules impose a mandatory three-year cooling-off period after ten years of continuous service.
ROC Mumbai-II imposed a penalty on a director for incorrect disclosure in Form AOC-4 XBRL filed for FY 2023-24. The authority held that authorised signatories are responsible for accuracy of e-form contents under Rule 8(3).
ROC Mumbai penalised a company and its directors for failing to disclose a related party loan transaction in the Board’s Report and Form AOC-4. The authority held that omission of the transaction violated Section 134(3)(h) of the Companies Act.
ROC Mumbai imposed a penalty under Section 159 after a director was found holding two DINs simultaneously in violation of Section 155 of the Companies Act. The authority noted that the duplicate DIN was generated because of a system error during portal migration but still treated it as a continuing default.
