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Notifications/Circulars

DGFT amends HBP as India-Oman CEPA added to Certificate of Origin Framework

June 2, 2026 633 Views 0 comment Print

DGFT has included the India-Oman CEPA in Para 2.88(a) of the Handbook of Procedures. The amendment enables exporters to obtain Certificates of Origin through authorized agencies for claiming agreement benefits.

Inadvertent Duplicate DIN: MCA imposes Penalty of ₹10.18 Lakh

June 2, 2026 2112 Views 0 comment Print

The ROC Kolkata held that possessing more than one Director Identification Number violates Section 155 of the Companies Act, attracting penalties under Section 159. Directors must ensure that only one valid DIN is maintained at all times.

Formats under IBBI (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019

June 2, 2026 348 Views 0 comment Print

IBBI has prescribed standardized formats for written consent by Bankruptcy Trustees and proxy appointments by creditors under the Personal Guarantor Bankruptcy Regulations. The circular promotes transparency, consistency, and compliance in bankruptcy proceedings.

Formats under IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019

June 2, 2026 270 Views 0 comment Print

IBBI has introduced standardized Forms A, B, and C for insolvency proceedings involving personal guarantors to corporate debtors. The move aims to ensure procedural uniformity, transparency, and efficient administration of claims and creditor meetings.

Formats under IBBI (Voluntary Liquidation Process) Regulations, 2017

June 2, 2026 336 Views 0 comment Print

IBBI has prescribed standardized formats for claims, compliance certificates, public announcements, and other filings under the Voluntary Liquidation Regulations. The circular seeks to improve transparency, consistency, and regulatory compliance in voluntary liquidation proceedings.

Formats under IBBI (Liquidation Process) Regulations, 2016

June 2, 2026 327 Views 0 comment Print

IBBI has prescribed standardized formats for key documents used during liquidation proceedings under the amended Liquidation Regulations, 2016. The circular aims to enhance transparency, consistency, and regulatory compliance across the liquidation process.

Formats under IBBI (Pre-packaged Insolvency Resolution Process) Regulations, 2021

June 2, 2026 321 Views 0 comment Print

The IBBI has notified standardized formats for 14 forms under the PPIRP Regulations, 2021. The circular aims to bring consistency, transparency, and procedural uniformity to pre-packaged insolvency resolution processes.

Formats under IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

June 2, 2026 273 Views 0 comment Print

IBBI has notified standardized formats for key CIRP activities, including claims, public announcements, withdrawals, and resolution plans. The circular aims to promote consistency and procedural compliance across insolvency proceedings.

Framework for Regulatory Sandbox for Responsible Innovation in Pension Sector

June 2, 2026 423 Views 0 comment Print

PFRDA has introduced a Regulatory Sandbox framework allowing controlled testing of innovative pension products and FinTech solutions. The framework balances innovation with strict safeguards for subscriber protection, cybersecurity, and regulatory compliance.

CBIC Bars Direct DGFT References to Ensure Uniform FTP Interpretation

June 2, 2026 402 Views 0 comment Print

CBIC has directed Customs field formations not to seek FTP clarifications directly from DGFT. The new mechanism aims to ensure consistency, faster decision-making, and uniform implementation of trade policy provisions.

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