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Reinsurance Advisory Committee Reconstituted for Three-Year Term

January 28, 2026 933 Views 0 comment Print

The order appoints a new chairman and members drawn from senior insurance and regulatory backgrounds. The key takeaway is continuity and strengthened advisory oversight.

FSSAI Updates Accredited Food Testing Labs Across India

January 28, 2026 561 Views 0 comment Print

A January 2026 notification revises the national list of FSSAI-recognised laboratories by adding new facilities and removing select entries. The update enhances biological and chemical testing capacity across multiple states.

Draft Occupational Safety, Health and Working Conditions (Coal Mines) Regulations, 2026

January 28, 2026 1128 Views 0 comment Print

The Government has issued draft Coal Mines Safety Regulations, 2026 under the OSHWC Code, detailing safety standards, certification, mine management duties, and compliance requirements.

Penalty Imposed for Procedural Lapse in Share Allotment Disclosures

January 28, 2026 4389 Views 0 comment Print

The Registrar penalised a company for missing mandatory disclosures in share allotment filings. The order clarifies that even inadvertent procedural lapses attract penalties, though relief may apply to eligible start-ups.

Incomplete Disclosures in Share Allotment Documents Attract Penalty: ROC Pune

January 28, 2026 876 Views 0 comment Print

The order holds that missing mandatory disclosures in share issue filings violate Section 62 read with Rule 13. Even inadvertent procedural lapses can trigger penalties under the residual provision of the Companies Act.

Penalty Imposed for Incorrect AOC-4 Filing Despite Later Rectification

January 28, 2026 2583 Views 0 comment Print

The adjudicating authority held that filing an AOC-4 with incorrect particulars attracts penalty even if the error is later admitted and rectified. Administrative correction does not nullify the completed contravention under the Companies Act.

Tax Exemption Granted to State Legal Service Authority, Chandigarh for Specified Incomes

January 28, 2026 471 Views 0 comment Print

The notification exempts defined categories of income of a legal services authority, while warning that violations may lead to penalty and withdrawal of relief.

NPS Swasthya Pension Scheme Launched as Sandbox Pilot

January 27, 2026 630 Views 0 comment Print

A health-linked pension scheme is introduced on a pilot basis under the regulatory sandbox. The key takeaway is a controlled test of medical expense support within NPS before wider rollout.

IFSCA Relaxed Experience Norms for Fund Managers in IFSC

January 27, 2026 636 Views 0 comment Print

The amendment revises eligibility and experience criteria for key personnel in fund management entities, allowing greater flexibility for professionally qualified candidates. The key takeaway is wider access to talent without diluting regulatory oversight.

RBI Proposes Relief Norms for Natural Calamity-Hit Borrowers

January 27, 2026 2220 Views 0 comment Print

Reserve Bank of India has issued draft guidelines to streamline loan resolution and relief measures for borrowers affected by natural calamities across banks, NBFCs, and financial institutions. The framework introduces a principle-based approach, special resolution windows, and continued ‘standard’ asset classification, with implementation proposed from April 1, 2026.

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