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Notifications/Circulars

SEBI Operationalises PaRRVA Due to Need for Verified Performance Disclosure in Securities Market

April 29, 2026 558 Views 0 comment Print

SEBI introduced PaRRVA to ensure verified reporting of risk and return metrics by regulated entities. The framework restricts unverified performance claims and strengthens investor protection.

RBI (NBFCs – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026

April 29, 2026 534 Views 0 comment Print

NBFCs can retain or upgrade borrower accounts to standard upon resolution plan implementation. The amendment balances borrower relief with prudential safeguards.

FSSAI Updates Lab Accreditation List to Strengthen Food Testing Network

April 28, 2026 240 Views 0 comment Print

FSSAI amended its 2016 notification to revise and add accredited food testing laboratories across regions. The update enhances testing capacity and ensures stronger food safety compliance nationwide.

Duplicate DIN Attracts ₹50,000 Penalty Despite Unintentional Error

April 28, 2026 174 Views 0 comment Print

A director was penalized for holding two DINs in violation of statutory provisions. The key takeaway is that even inadvertent non-compliance attracts strict penalties under company law.

Delay in Board Meetings Beyond 120 Days Attracts Penalty Despite Disclosure

April 28, 2026 357 Views 0 comment Print

The company failed to conduct the required number of board meetings and exceeded statutory time gaps. The key takeaway is that strict compliance with board meeting norms is mandatory.

Incorrect AOC-4 Filing Leads to Penalty Despite Rectification Request

April 28, 2026 234 Views 0 comment Print

Filing incorrect details in statutory forms attracts penalties even if later corrected. The key takeaway is that rectification does not erase liability for the original default.

FSSAI Proposes Plastic-Free Packaging Norms for Pan Masala

April 28, 2026 426 Views 0 comment Print

The notification proposes a strict ban on plastic packaging for pan masala. It mandates eco-friendly alternatives and reinforces existing plastic waste rules to curb environmental and health risks.

SEBI Extends Compliance Deadline for Debenture Trustees Due to Operational Challenges

April 28, 2026 321 Views 0 comment Print

The issue was compliance timeline under amended DT regulations. SEBI extended the deadline to October 2026 due to implementation challenges, ensuring smoother transition for trustees.

IBBI Extends Deadline for Public Comments on Insolvency Reforms to 5 May, 2026

April 28, 2026 528 Views 0 comment Print

IBBI has extended the last date for stakeholder comments on key insolvency discussion papers. The move allows more time for feedback while keeping submission conditions unchanged.

Mandatory PAN Requirement Introduced for Post Office Transactions Under Income Tax Rules 2026

April 27, 2026 1032 Views 0 comment Print

The consolidation into Form 121 introduces stricter documentation and reporting obligations. The decision emphasizes accountability and structured tax reporting mechanisms.

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