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Notifications/Circulars

Company not located at registered office premises – MCA imposes penalty

November 16, 2022 1782 Views 0 comment Print

Whereas this office received a communication from Reserve Bank of India vide letter No. DOS.RSS(BLR).No. S91/24.08.028/2022-23 dated 22.04.2022 stating that the letters sent to the subject company to the addressed mentioned in the MCA database were returned undelivered and also that a physical inspection was also made to the premises of the company and it was found that the company was not located at the registered office premises.

5 Lakh penalty imposed for not printing Company CIN on company’s business letters etc.

November 16, 2022 1098 Views 0 comment Print

The company in its application has submitted that the CIN was not printed in the company’s business letters, bill heads etc. upto 2021. Hence the company has violated the provisions of Section 12(3)(c) of Companies Act, 2013.

Govt notifies quantity of Sugar to be exported to EU & raw cane sugar to USA

November 16, 2022 1098 Views 0 comment Print

The quantity of 5841 MT (raw/refined) Sugar to be exported to EU and quantity of 8606 MTRV raw cane sugar to be exported to USA under TRQ scheme from 01.10.2022 to 30.09.2023 has been notified. Government of India Ministry of Commerce & Industry Department of Commerce Vanijya Bhawan, New Delhi Public Notice No. 36/2015-2020-DGFT – […]

CBDT notifies Public Investment Fund as sovereign wealth fund U/s. 10(23FE)

November 16, 2022 1320 Views 0 comment Print

CBDT notifies sovereign wealth fund, namely, Public Investment Fund  vide Notification No. 125/2022-Income Tax | Dated: 16th November, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 125/2022-Income Tax | Dated: 16th November, 2022 S.O. 5345(E).—In exercise of powers conferred by sub-clause (vi) of clause (b) of Explanation 1 […]

MCA penalises director for certifying & filing incorrect e-form AOC-4

November 16, 2022 12039 Views 4 comments Print

MCA impose penalty on director under section 450 of Companies Act, 2013 for certify and filing incorrect e-form AOC-4 pursuant to Rule 8(3) of Companies (Registration Offices and Fees) Rules, 2014

Tariff Notification No. 96/2022-Customs (N.T.) Dated: 15th November, 2022

November 15, 2022 1182 Views 0 comment Print

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Notification No. 96/2022-Customs (N.T.) Dated: 15th November, 2022

MCA imposes Rs. 1.5 Lakh Penalty for not delivering certificates of securities allotted

November 15, 2022 1125 Views 0 comment Print

Section 56(4)(b) of Companies Act, 2013 stipulates that every company shall, unless prohibited by any provision of law or any order of court, tribunal or other authority, deliver the certificates of all securities allotted, transferred or transmitted within a period of 2 months from the date of allotment, in case of any allotment of any of its shares.

Penalty reduced as company was having accumulated losses & not in a position to employ CS

November 15, 2022 876 Views 0 comment Print

Company is having accumulated losses and not in a position to employ a Whole Time Company Secretary. Though the Company has earned some profits during the last two years, it is not sufficient to make its net worth positive.

Non-appointment of CS as Company was not in a cosmopolitan area – Penalty reduced

November 15, 2022 732 Views 0 comment Print

F.No:9/72/ADJ/SEC. 203/2013/ANDHRA PRADESH /RD(SER)/2022/5492 BEFORE THE REGIONAL DIRECTOR, SOUTH EAST REGION MINISTRY OF CORPORATE AFFAIRS, HYDERABAD IN THE MATTER OF COMPANIES ACT, 2013 IN THE MATTER OF SAUMYA MEDICAL CARE AND MEDIA LIMITED 1. M/s. Saumya Medical Care And Media Limited 2. Mr. Suresh Chintamaneni, Managing Director Appellants Date of hearing :15.11.2022 Present : Mr. […]

Central Goods and Services Tax (Third Amendment) Rules, 2022

November 15, 2022 23301 Views 2 comments Print

Effect given in GSTR 9 for 30th November 2022 (Last Date to Claim ITC for FY 21-22 and Last Date to Amend Invoice Pertaining to FY 21-22) vide Notification No. 22/2022–Central Tax | Dated: 15th November, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi Notification No. 22/2022–Central […]

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