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RBI Notification on Liquid Asset Maintenance for HFCs

December 19, 2024 1269 Views 0 comment Print

RBI mandates new liquid asset requirements for housing finance companies, revising investment thresholds in securities and deposits starting January 2025.

ICAI Penalises CA for Ante-Dated Certificate and Audit Standard Violations

December 19, 2024 543 Views 0 comment Print

The ICAI Disciplinary Committee has removed CA. Ajay Kumar from its register for one year and fined him Rs. 50,000 for professional misconduct in a CBI-related case.

ICAI Fines CA for Failure to Report FEMA and Audit Compliance Issues

December 19, 2024 522 Views 0 comment Print

The ICAI Disciplinary Committee reprimanded a Chartered Accountant and imposed a Rs. 25,000 fine for professional misconduct related to audit reporting failures on unaccounted funds.

ICAI Acquits CA in ROC Misconduct Case Involving Two Delhi-Based Companies

December 19, 2024 591 Views 0 comment Print

A Chartered Accountants Disciplinary Committee has cleared CA Abhishek Bindal of professional misconduct charges related to certifying company documents.

ICAI Reprimands CA for Not Reporting Misuse of Share Application Funds

December 19, 2024 384 Views 0 comment Print

CA. Harsharanjit Singh Chahal has been reprimanded by the ICAI Disciplinary Committee for professional misconduct, including failure to perform due diligence during an audit.

IP and IBBI Communications in Insolvency Process Exempt under RTI

December 19, 2024 771 Views 0 comment Print

IBBI disposes of RTI appeal seeking details on the appointment of a Resolution Professional. Information exempted under fiduciary and commercial confidentiality clauses.

BSE Guidance for merchant bankers on Preparation of Offer Documents

December 18, 2024 1755 Views 0 comment Print

Learn about BSE’s new guidelines for SME IPO offer documents, including compliance, due diligence, and timelines. Effective from November 19, 2024, for all submissions.

SEBI Extends Suspension of Trading in 7 Key Commodity Derivatives

December 18, 2024 867 Views 0 comment Print

SEBI extends suspension of trading in certain commodity derivatives, including wheat, mustard seeds, and crude palm oil, until January 31, 2025.

SEBI Clarifies Rules on FPIs Issuing ODIs

December 18, 2024 366 Views 0 comment Print

SEBI clarifies that FPIs can issue ODIs referencing cash market securities but not with derivative instruments as the underlying.

Advisory for Entry of RR No./eT-RRs in EWB system Post EWB-FOIS Integration

December 18, 2024 4317 Views 0 comment Print

Learn about the accurate entry of RR No./eT-RRs in the E-Way Bill system following FOIS integration. Avoid mismatches with detailed guidance and format specifications.

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