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RTI Appeal Dismissed as IBBI Not Required to Create New Information

October 7, 2025 411 Views 0 comment Print

Kerala High Court dismisses RTI appeal by Dhananjay Gaikwad; IBBI provided all information under its control, no new data required under RTI Act.

Penalty Imposed for Improper Maintenance of Minutes Books under Companies Act

October 7, 2025 837 Views 0 comment Print

ROC Delhi imposed penalties for failing to consecutively number minutes books of board and general meetings for FY 2014–15 to 2016–17, violating Section 118(11) of the Companies Act. The order underscores that accurate and sequential recordkeeping is a legal mandate.

RBI Expands Ombudsman Scheme to Co-op Banks

October 7, 2025 1269 Views 0 comment Print

RBI includes State and Central Co-operative Banks under the Integrated Ombudsman Scheme, 2021, effective November 1, 2025, for customer grievance redressal.

RBI Allows Exporters to Hold Foreign Currency Accounts in IFSCs

October 6, 2025 1401 Views 0 comment Print

RBI has amended FEMA regulations to permit exporters to open and maintain foreign currency accounts in International Financial Services Centres (IFSCs), offering greater flexibility for managing export proceeds and import payments.

RBI (Local Area Banks – Lending to Related Parties) Directions, 2025 – Draft

October 6, 2025 657 Views 0 comment Print

RBI’s draft 2025 Directions revise rules for Local Area Banks (LABs) lending to related parties, setting new definitions, exposure limits, governance, and mandatory reporting.

RBI (Small Finance Banks – Lending to Related Parties) Directions, 2025 – Draft

October 6, 2025 753 Views 0 comment Print

RBI’s draft 2025 Directions revise rules for Small Finance Banks (SFBs) lending to related parties, setting new definitions, exposure limits, governance, and mandatory reporting.

GST Reforms: Strengthening Himachal’s Heritage and Economy

October 6, 2025 546 Views 0 comment Print

GST rate cuts to 5% benefit Himachal’s artisans, farmers, and industries, easing costs on handicrafts, farm goods, and local manufacturing.

FSSAI Bans PFAs, BPA in Food Packaging Draft

October 6, 2025 1206 Views 0 comment Print

FSSAI issues draft rules banning PFAs and BPA in food contact materials; stakeholders can submit objections within 60 days of Gazette publication.

PFRDA Releases Consultation Paper on Enhancing National Pension System

October 6, 2025 366 Views 0 comment Print

PFRDA invites public comments on proposals to enhance NPS through flexible and assured pension schemes by 31 October 2025.

RBI Extends Exporters’ Foreign Currency Account Timelines for IFSC Banks

October 6, 2025 522 Views 0 comment Print

The RBI amended FEMA regulations to allow longer repatriation timelines for exporter accounts maintained in IFSCs. The key takeaway is enhanced flexibility for exporters using IFSC banking channels.

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