MCA recently imposed a penalty of ₹19.92 Lakh on R.R. Lifesciences Pvt. Ltd. for failing to appoint a Company Secretary, in violation of Section 203 of Companies Act, 2013.
The Institute of Chartered Accountants of India (ICAI) has issued several significant notifications in July 2023. These notifications pertain to the removal, restoration, and cancellation of membership, as well as the cancellation of the Certificate of Practice for some members. This article provides a summary of the key announcements for the benefit of the Chartered […]
Recent instructions from India’s Central Board of Indirect Taxes & Customs detail changes to the import policy conditions for cigarette lighters under ITC (HS) 2022.
Latest instruction from Central Board of Indirect Taxes & Customs provides an updated list of Authorized Officers under Food Safety Standards Act and FSS Import Regulations.
SEBI has issued amendments to guidelines for preferential issue and institutional placement of units by listed REITs. Circular provides details on pricing of units and relevant dates for institutional placement. Read more for updated guidelines.
SEBI announces amendments to guidelines for preferential issue and institutional placement of units by listed Infrastructure Investment Trusts (InvITs). Circular modifies pricing provisions for institutional placements, allowing a discount of up to five percent. Learn more about revised guidelines and their implications for InvITs.
Learn about Flame-Producing Lighters (Quality Control) Order 2023 issued by Ministry of Commerce and Industry. Discover requirements, compulsory use of Standard Mark, certification, and penalties for non-compliance.
Read the Potable Water Bottles (Quality Control) Order 2023 issued by the Ministry of Commerce and Industry. Learn about the compulsory use of Standard Mark, certification, and penalties for non-compliance.
MCA has imposed a penalty on Alag Brainworks Limited for violating Section 117 of Companies Act, 2013 by failing to file a member’s resolution and explanatory statement within specified time frame. Learn more about the case and the penalties imposed by the MCA.
MCA issued an ex-parte order imposing penalties under Section 454(3) of Companies Act, 2013 for a violation of Section 117 read with Section 62(1)(c). The case involves the delay in filing the required e-form MGT-14 for a resolution regarding the issue of equity shares on a preferential basis.
