Kerala High Court dismisses RTI appeal by Dhananjay Gaikwad; IBBI provided all information under its control, no new data required under RTI Act.
India’s Commerce Ministry clarifies that SOFTEX form filing isn’t mandatory for service exports between SEZ units or from a DTA unit to an SEZ unit. These transactions are not governed by FEMA regulations, streamlining compliance.
IBBI’s First Appellate Authority dismissed Mohit R. Mehta’s RTI appeal, affirming the CPIO’s decision that queries on RV/RVE compliance timelines and guidelines constitute clarification or advice, falling outside the RTI Act’s definition of information.
ROC Delhi imposed penalties for failing to consecutively number minutes books of board and general meetings for FY 2014–15 to 2016–17, violating Section 118(11) of the Companies Act. The order underscores that accurate and sequential recordkeeping is a legal mandate.
RBI’s 2025 draft Master Directions propose a stronger internal ombudsman system to ensure fair and timely customer grievance resolution within banks, NBFCs, and payment entities before escalation to RBI Ombudsman.
RBI releases the draft Reserve Bank – Ombudsman Scheme, 2025 for public review until October 28. It revises the grievance redressal process for customers of regulated entities.
RBI issues draft directions to update banking norms: enhancing credit risk capital charge with granularity and transitioning to an Expected Credit Loss (ECL) provisioning framework.
The RBI has expanded its Integrated Ombudsman Scheme, 2021, effective Nov 1, 2025, to include State and Central Co-operative Banks for dispute resolution.
Manipur GST (Second Amendment) Ordinance, 2025, aligns state law with Central GST changes from the Finance Act, 2025. Key amendments cover tax on penalty appeals, ITC restrictions, and the new Track and Trace mechanism for specified goods.
RBI includes State and Central Co-operative Banks under the Integrated Ombudsman Scheme, 2021, effective November 1, 2025, for customer grievance redressal.
