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ROC Delhi Imposes Penalty for Unbound Board Minutes

October 9, 2025 12624 Views 0 comment Print

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.

Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold & Silver wef 10.10.2025

October 9, 2025 1137 Views 0 comment Print

CBIC issues Notification No. 64/2025-Customs maintaining existing tariff values for edible oils, metals, and areca nuts effective 10 October 2025.

SEBI Revises Block Deal Trading Framework

October 8, 2025 1404 Views 0 comment Print

SEBI updates Block Deal rules, introducing new trading windows, price range limits, and conditions for execution under T+0 and T+1 settlement cycles.

RTI Appeal Dismissed as IBBI Not Required to Create New Information

October 7, 2025 429 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 954 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 1410 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 1578 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 756 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 825 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 570 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.

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