MCA updates combination criteria under Competition Act. New rules outline qualifying entities and affiliates for merger notifications. Effective from September 10, 2024.
Competition (Criteria for Exemption of Combinations) Rules, 2024 outlines exemptions under the Competition Act for specific categories of combinations.
RBI’s latest directive ends the need for monthly LRS returns by AD Category-I banks, shifting to daily transaction reporting from September 2024.
SEBI updates regulations, requiring entities to report payment obligations for listed Commercial Paper within one working day, aligning with non-convertible securities.
Ministry of Finance rescinds 2011 Customs Notification No. 26/2011, effective from 7th September 2024, under powers of the Customs Act, 1962.
New GST registration advisory for Bihar, Delhi, Karnataka, Punjab: Biometric Aadhaar authentication and document verification now required.
IRDAI issues an order to SBI Life Insurance for violations found during an inspection, including governance lapses, claim repudiation, and compliance issues.
MCA imposes a penalty of ₹2.5 lakh on Eravanchery Nidhi Limited for not filing Form MGT-14 for board resolutions, as per Sections 117(3)(g) and 179(3)(g).
NFRA imposes Rs 1 lakh penalty on CA Lavitha Shetty for failing to submit complete information on audit revenue from related parties during MACEL audit proceedings.
IRDAI updates capital subscription rules for insurers under 2024 regulations. New entities eligible to subscribe are specified in the circular dated 6th September 2024.
