A fertilizer company and its officers were penalized for failing to file annual returns for FY 2021-22, reinforcing that both corporate and personal liability applies under the Companies Act.
ROC Kanpur levied penalties on CSC Barikhas and its officers for non-submission of Annual Returns in Form MGT-7. The order reinforces timely filing obligations under Section 92 of the Companies Act.
Three Seasons Exim Ltd. and its directors were penalized for not serving an EGM notice to a member and failing to maintain proper minutes. ROC Vijayawada highlighted strict compliance with Sections 101(3) and 450 of the Companies Act, 2013.
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CBI arrested a CGST Superintendent and Inspector in Mumbai for allegedly demanding ₹25,000 to approve a firm’s GST registration.
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Punjab’s GST cut from 12% to 5% boosts textiles, dairy, food, and handicrafts, lowering costs, spurring demand, and strengthening livelihoods across sectors.
ROC Delhi penalized a company and its directors for failing to properly bind board meeting minutes for FY 2017–18, holding it a violation of Section 118(11) read with Secretarial Standards SS-1 and SS-2.
CBIC issues Notification No. 64/2025-Customs maintaining existing tariff values for edible oils, metals, and areca nuts effective 10 October 2025.
SEBI updates Block Deal rules, introducing new trading windows, price range limits, and conditions for execution under T+0 and T+1 settlement cycles.