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CBIC Issues Procedure for Export Cargo Returned Due to Strait of Hormuz Closure

March 17, 2026 4263 Views 0 comment Print

The customs authority clarified procedures for export cargo returning to Indian ports due to maritime disruptions. The circular prescribes verification, cancellation of export documents, and safeguards to prevent wrongful export incentive claims.

Penalty Imposed for Incorrect AOC-4 Filing Due to Certification Lapse

March 17, 2026 375 Views 0 comment Print

ROC imposed a ₹10,000 penalty for incorrect AOC-4 XBRL filing due to errors in attachments and certification. The ruling reinforces strict liability for accuracy in MCA e-forms.

₹7.4 Lakh Penalty for Delay in Appointing Company Secretary Beyond Deadline

March 17, 2026 312 Views 0 comment Print

ROC imposed heavy penalty for failing to appoint a Company Secretary within six months. The ruling stresses strict adherence to Section 203 timelines.

SEBI Mandates Abridged Prospectus and QR Code Disclosures in IPOs

March 16, 2026 1629 Views 0 comment Print

SEBI now requires draft abridged prospectuses and QR code-linked disclosures in IPO documents. The move enhances investor access to key information and improves transparency.

Pension Regulator Warns Public Against Unauthorized Investment Scheme

March 11, 2026 318 Views 0 comment Print

Authorities cautioned investors about entities promising monthly returns on deposits without regulatory approval, advising the public to deal only with registered pension intermediaries.

RBI (Payments Banks – Prudential Norms on Declaration of Dividend) Directions, 2026

March 10, 2026 612 Views 0 comment Print

RBI introduced prudential norms limiting dividend payouts by payment banks to a maximum of 75% of profit. The framework links dividend eligibility to capital adequacy, asset quality, and supervisory compliance.

RBI (Commercial Banks – Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026

March 10, 2026 1077 Views 0 comment Print

RBI amended capital adequacy directions to clarify computation of Counterparty Credit Risk (CCR) and align Indian banking rules with international standards. Banks must include consolidated CCR exposures and apply revised add-on factors.

Reserve Bank of India (Small Finance Banks – Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026

March 10, 2026 252 Views 0 comment Print

The Reserve Bank of India revised prudential norms on counterparty credit risk for Small Finance Banks. The amendment updates add-on factors and exposure treatment to align with international capital adequacy practices.

SEBI Issues Corrigendum to LODR Amendment Notification to Correct Legal Provisions

March 10, 2026 1104 Views 0 comment Print

SEBI released a corrigendum correcting the enabling provisions and clause numbering in its January 2026 notification amending the LODR Regulations. The correction clarifies the statutory powers and technical drafting errors.

RTI Not a Tool for Clarifications or Policy Queries, Appellate Authority Clarifies

March 10, 2026 333 Views 0 comment Print

The appellate authority clarified that under the RTI framework, public authorities are only required to provide information already available on record and cannot be compelled to create or interpret data for applicants.

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