Tamilnadu Minerals Limited and its Company Secretary were penalized for holding only three board meetings instead of four during FY 2024-25, violating Section 173(1).
ROC Chennai penalizes a company and its directors for not appointing key managerial personnel, imposing fines up to ₹5 lakh per defaulting officer.
SRA Systems Limited was not penalized for failing to file Form BEN-2 as the foreign shareholder was dissolved before the compliance date, absolving the company of liability.
The notification grants five-year approval for eligible scientific research activities under Section 35(1)(iia). It confirms retrospective applicability without adverse impact.
The IBBI deferred disciplinary proceedings against an insolvency professional after finding that related matters were still pending before the Adjudicating Authority.
IBBI suspended an insolvency professional for including a related party in Committee of Creditors, violating Section 21(2) of Insolvency and Bankruptcy Code.
DGFT confirms that EODCs will not be withheld for AAs impacted by old Rule 96(10) if IGST was paid or pre-import conditions were met.
IFSCA mandates IFSC Banking Units to report balances in foreign currency Vostro accounts of overseas banks in the fortnightly BAL statement to enhance external account data accuracy.
ROC Pune imposed penalties under Section 203(5) of the Companies Act for not appointing a whole-time Company Secretary within six months after exceeding ₹10 crore paid-up capital.
The RBI’s 2025 Master Direction expands eligible collateral for repo transactions to include municipal debt securities, enhancing liquidity options for market participants.
