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Notifications/Circulars

CA Cleared of Charges Over Omission of EPS & Shareholder Details in Financial Statements

November 28, 2024 753 Views 0 comment Print

A Disciplinary Committee has found CA. Pallav Pradyumn Narang not guilty of professional misconduct, citing a lack of malicious intent behind technical omissions in financial statements.

CA Found Not Guilty for Alleged Negligence in Certifying Incorporation Forms

November 28, 2024 756 Views 0 comment Print

A Disciplinary Committee has exonerated CA Rakesh Kumar of professional misconduct charges related to certifying company incorporation forms with incorrect director details.

Section 194N TDS Exemption for Foreign Diplomatic Entities in India

November 28, 2024 3453 Views 0 comment Print

Foreign representations like UN agencies, consulates, and diplomatic missions are exempt from Section 194N of Income Tax Act under Notification No. 123/2024.

SEBI (Attestation of Documents) (Amendment) Regulations, 2024

November 28, 2024 1428 Views 0 comment Print

SEBI amends regulations to replace notarized document attestation with self-attestation across various forms and filings, effective immediately.

SEBI (Depositories And Participants) (Third Amendment) Regulations, 2024

November 28, 2024 1515 Views 0 comment Print

SEBI amends the Depositories and Participants Regulations, introducing nomination options for beneficial owners in case of death or incapacitation.

SEBI Circular on Business Continuity for Stock Exchanges

November 28, 2024 1518 Views 0 comment Print

SEBI’s circular outlines business continuity plans for stock exchanges, ensuring uninterrupted trading and risk management in case of outages.

Section 204 Secretarial Audit Violation: Penalty Reduced to ₹32 Lakh

November 28, 2024 1590 Views 0 comment Print

Regional Director, Eastern Region, modifies penalty for secretarial audit violations under Section 204, reducing it to ₹32 lakh from ₹48 lakh.

CBDT notifies Transfer of Asset Between NLCIL & NIRL – Section 47(viiaf)

November 27, 2024 1200 Views 0 comment Print

The Ministry of Finance has notified the transfer of capital assets from NLCIL to NIRL under the Income-tax Act, effective from the date of publication.

Unsigned Minutes of board meetings: Penalty Imposed

November 27, 2024 10815 Views 0 comment Print

Hind Woollen and Hosiery Mills fined for violations under Sections 118(1) and 118(2) of the Companies Act, 2013, regarding minutes of Board meetings.

Penalty imposed for Non-Disclosure of Director Interests under Section 184(1)

November 27, 2024 1974 Views 0 comment Print

Registrar of Companies imposes penalties on directors of Hind Woollen & Hosiery Mills Pvt Ltd for failing to disclose interests in companies under Section 184(1).

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