The First Appellate Authority upheld the rejection of an RTI request seeking an IBBI reference related to avoidance transactions. It held that disclosure would reveal confidential financial and commercial information protected under Section 8(1)(d) of the RTI Act.
ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are responsible for ensuring accuracy in statutory MCA filings, even where mistakes are inadvertent.
ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155. The order reiterates that directors cannot apply for or retain multiple DINs, irrespective of intent.
ROC Mumbai penalized a Whole Time Director for filing Form DIR-12 with an incorrect CFO appointment date. The order reiterates that authorized signatories are accountable for the accuracy of MCA filings, even when errors are inadvertent.
The adjudicating authority held that an unlisted public company violated Section 29 by continuing to issue and transfer shares in physical form without ISIN registration, resulting in substantial penalties.
The order emphasizes that delayed filing may regularize compliance but does not extinguish the offence committed during the period of default. Penalties remain payable for the duration of the continuing contravention.
The ROC held that filing Form PAS-6 after the statutory deadline does not erase the period of default. The company and its directors remained liable for penalties until the date compliance was actually achieved.
The adjudicating authority held that filing Form PAS-6 after the due date does not wipe out the period of default. Maximum penalties were imposed on the company and its directors for prolonged non-compliance.
IRDAI has cautioned that the entity’s Certificate of Registration as an Insurance Marketing Firm has expired and remains unrenewed. The public has been advised not to engage with the company or its representatives for insurance-related services.
NSE released detailed FAQs to address practical issues in submitting Quarterly Integrated Filing – Governance reports through XBRL. The guidance aims to ensure uniform compliance with SEBI’s corporate governance framework.
