The adjudicating authority held that failure to file the board resolution within 30 days violated Section 117 of the Companies Act. As a result, the company and its directors were penalized.
The ROC imposed the maximum statutory penalty after the company failed to file Form MGT-14 for the board resolution approving financial statements. Non-compliance with Section 117 led to penalties on both the company and its directors.
The State Tax Department allowed taxpayers to pay profession tax using PAN after system migration caused portal access issues. Registration and return filing were temporarily disabled for March 2026 compliance.
The appellate authority held that public authorities under the RTI Act must only provide information already available in records. They are not obligated to create or compile new data or explanations.
The amendment to Securities Contracts (Regulation) Rules introduces a graded public shareholding requirement based on company size. Larger companies may list with lower percentages but must gradually increase public shareholding.
ROC Mumbai penalised the authorized signatory after financial statements were mistakenly filed in Form AOC-4 instead of AOC-4 XBRL. The order reiterates that correct statutory forms must be used for compliance filings.
ROC Mumbai imposed a penalty after a company incorrectly declared that CSR provisions were not applicable while filing AOC-4 XBRL. The order holds the authorized signatory responsible for accuracy of e-forms.
ROC Mumbai penalized a director for incorrect financial information reported in the AOC-4 XBRL filing. The order emphasizes that authorized signatories are responsible for the accuracy of e-forms filed with MCA.
The government amended Notification 45/2025-Customs to include SBER Bank in List 14. Imports linked to this entry are allowed only for domestic consumption between 25 June 2025 and 31 March 2026.
SEBI ruled that conversion of warrants leading to acquisition beyond the 5% creeping acquisition limit triggers mandatory open offer obligations under takeover regulations.
