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Notifications/Circulars

Appointment of Director not having DIN: MCA Imposes Rs. 3.41 Lakh Penalty

February 22, 2024 435 Views 0 comment Print

Subhangi Industries Private Limited director appointed without a DIN (Director Identification Number) faces a penalty of ₹3.41 lakh. The company failed to comply with Section 152(3) of the Companies Act, 2013.

DGFT Suspends Inoperative SIONs from April 1, 2024 – Public Notice 44/2023

February 22, 2024 540 Views 0 comment Print

Read about the Directorate General of Foreign Trades Public Notice 44/2023, suspending inoperative Standard Input-Output Norms (SION) from April 1, 2024. Learn about the impact and representation details.

DGFT Policy Circular: Relief in Average Export Obligation for Declining Sectors

February 22, 2024 567 Views 0 comment Print

Government of India’s DGFT issues Policy Circular (No. 10/2023-2024) providing relief in Average Export Obligation for sectors with export decline. Learn the impact and implementation.

Bullion Trading Members and Clearing Members in GIFT- IFSC

February 22, 2024 336 Views 0 comment Print

Stay informed about IFSCA latest circular extending guidelines for Bullion Intermediaries in GIFT-IFSC. New deadline, regulatory updates, and impact discussed.

RBI Extends Interest Equalization Scheme for Export Credit

February 22, 2024 825 Views 0 comment Print

Read about RBIs circular extending the Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit up to June 30, 2024. Learn about modified rates and conditions.

RBI Inclusion of Clearing Corporation as Financial Info Provider

February 22, 2024 282 Views 0 comment Print

Discover the latest RBI update (RBI/2023-24/125) on including Clearing Corporation as a Financial Info Provider under Account Aggregator Framework. Insights on RBI Retail Direct Scheme and its impact on retail investors

IBBI Circular: Transparency Boost in Liquidation Process

February 22, 2024 330 Views 0 comment Print

Insolvency and Bankruptcy Board of India enhances transparency in liquidation. Learn about progress reports, stakeholder engagement, and regulatory directives in the latest circular.

IBBI Circular: Unclaimed Dividends Withdrawal Guidelines

February 22, 2024 237 Views 0 comment Print

Stay updated with IBBI Circular No. IBBI/LIQ/69/2024. Learn about withdrawal guidelines for unclaimed dividends. Compliance with Liquidation Regulations ensured.

NFRA Imposes Monetary Penalty & Two-Year Debarment from Auditing for CA

February 22, 2024 1008 Views 0 comment Print

The NFRA issues an order against CA Ratan Laxminarayan Rathi for professional misconduct in the audit of Bilcare Limited. Discover the lapses, penalties, and sanctions imposed.

RBI directs exclusion of Kapol Co-operative Bank from second schedule

February 22, 2024 336 Views 0 comment Print

Check out the latest notification from RBI excluding Kapol Co-operative Bank Limited from the second schedule of the RBI Act. Details here.

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