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Notifications/Circulars

6 Lakh penalty on Company and Directors for not mentioning DIN

September 8, 2022 31914 Views 0 comment Print

ROC Ahmedabad imposed penalty of 6,00,000 on Company and Directors for not mentioning DIN in the Financial Statements NO.ROC-GUJ/ADJ-Order/Section 454/STA (V)/2021-22/4454 to 52 Dated:08 Sep 2022 BEFORE THE ADJUDICATING OFFICER REGISTRAR OF COMPANIES, GUJARAT, DADRA & NAGAR IIAVELI IN THE MATTER OF ADJUDICATION Of PENALTY UNDER SECTION 434 (3) OF THE COMPANIES ACT 2013 READ […]

Amendment in Export Policy of broken rice under HS Code 1006 40 00

September 8, 2022 2982 Views 0 comment Print

Export policy of broken rice amended to ensure adequate domestic availability, Move to ensure availability of broken rice for animal feedstock and Ethanol Blending:  Shri Sudhanshu Pandey   Export Policy of broken rice under HS code 1006 40 00 is amended from ‘Free’ to ‘Prohibited’. The Notification will come into effect from 9th of September, […]

CBIC prescribes export duty on specified Rice products

September 8, 2022 5886 Views 0 comment Print

CBIC amends Second Schedule to the Customs Tariff Act to prescribe export duty on specified Rice products vide Notification No. 49/2022-Customs | Dated:  8th September, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 49/2022-Customs | Dated:  8th September, 2022 G.S.R. 689(E) – Whereas, the Central Government is satisfied that […]

Forum of Regulators (Amendment) Rules, 2022 under Electricity Act

September 8, 2022 1263 Views 0 comment Print

MINISTRY OF POWER NOTIFICATION New Delhi, the 8th September, 2022 G.S.R. 691(E).—In exercise of the powers conferred by sub-section (1) of section 176 read with sub-sections (2) and (3) of section 166 of the Electricity Act, 2003 (36 of 2003), the Central Government hereby makes the following rules, to amend the Forum of Regulators Rules, […]

Distribution of Electricity Licence (Additional Requirements of Capital Adequacy, Creditworthiness and Code of Conduct) (Amendment) Rules, 2022

September 8, 2022 2253 Views 0 comment Print

These rules may be called the Distribution of Electricity Licence (Additional Requirements of Capital Adequacy, Creditworthiness and Code of Conduct) (Amendment) Rules, 2022.

Company not appointed internal auditors – MCA imposes penalty

September 8, 2022 5940 Views 0 comment Print

Indira IVF Hospital Private Limited, along with key officers, recently underwent an adjudication process for failing to appoint internal auditors as mandated by Section 138 of the Companies Act, 2013. This article provides a detailed analysis of the violation, the arguments presented, and the penalty imposed by the Registrar of Companies, Rajasthan, Jaipur. The case […]

Lack of clarity is no valid argument for Insolvency Professional: IBBI

September 7, 2022 1383 Views 0 comment Print

In view of the submission made by Mr. Sanjit Kumar Nayak, and materials available on record, DC notes that Sanjit Kumar Nayak should have been more careful and vigilant in conducting the CIRP and Liquidation process. The deficiencies as noticed and conceded by Mr. Sanjit Kumar Nayak, with little care and knowledge of the statute, […]

Elections to ICSI Council & Regional Councils, 2022 – Venue & Schedule

September 7, 2022 2295 Views 0 comment Print

Duration of 13th ICSI Council and Regional Councils shall expire on 18th January, 2023, the elections for constitution of new Council and Regional Councils shall be held as notified

Notification No. 48/2022-Customs, Dated: 07.09.2022

September 7, 2022 2304 Views 0 comment Print

Seeks to amend notification No. 57/2000-Customs, dated the 8th May, 2000 to apply IGCR Rules with effect from 01.10.2022 vide Notification No. 48/2022-Customs, Dated: 07.09.2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 48/2022-Customs | Dated: 7th September, 2022 G.S.R. 688(E).—In exercise of the powers conferred by sub-section (1) of section 25 of […]

IGCR Rules applicable with effect from 01.10.2022

September 7, 2022 16707 Views 0 comment Print

CBIC amends notification No. 56/2000-Customs, dated the 5th May, 2000 to apply Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 (IGCR Rules) with effect from 01.10.2022 vide Notification No. 47/2022-Customs | Dated: 7th September, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 47/2022-Customs | Dated: 7th September, 2022 G.S.R. […]

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