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Notifications/Circulars

MCA penalises company & director for non-appointment of Whole-Time CS

November 9, 2022 2271 Views 0 comment Print

The applicant company and its officers, who have defaulted the provisions of section 203(1) r/w 203(4) of the Act for non-appointment of Whole- Time Company Secretary are liable for penalties under section 203(5) of the Act w.e.f. 07th February 2021 to till date, as the last CS has vacated the office on 07th August 2020. […]

Cabinet Approves Guidelines for Uplinking & Downlinking of Satellite Television Channels in India, 2022

November 9, 2022 1056 Views 0 comment Print

Consolidated Guidelines shall ease issue of permissions to the companies/ LLPs registered in India for Uplinking and Downlinking of TV Channels, setting up of Teleports/ Teleport Hubs, use of Digital Satellite News Gathering (DSNG)/ Satellite News Gathering (SNG)/ Electronic News Gathering (ENG) systems, uplinking by Indian News agencies and temporary uplinking of a live event.

IBBI rescinds 11 Circulars with effect from 9th November, 2022

November 9, 2022 915 Views 0 comment Print

n IP is required to prominently state in all his communications, whether by way of public announcement or otherwise to a stakeholder or to an authority, his name, address, email, Registration Number etc.

MCA imposes penalty on company for not filing return of Significant Beneficial Owners

November 9, 2022 7080 Views 0 comment Print

Sub-section (4) of Section 90 of the Companies Act, 2013, stipulates that every company shall file a return of Significant Beneficial Owners of the company and changes therein with the Registrar containing names, addresses and other details in Form No. BEN-2 within 30 days from the date of receipt of declaration from Significant Beneficial Owner, as prescribed in Rule 4 of Companies (Significant Beneficial Owners) Rules, 2018.

CIN not mentioned on letter Head of Company – MCA imposes penalty

November 9, 2022 3765 Views 0 comment Print

Company has filed INC-24 for change of name and it was noticed from enclosed letterhead of the company that the CIN was not mentioned on letter Head of Company and thereby violated provisions of Section 12(3) Companies Act, 2013

Master Circular on redressal of investor grievances through SCORES platform

November 7, 2022 2598 Views 0 comment Print

SEBI launched a centralized web based complaints redress system ‘SCORES’ in June 2011. The purpose of SCORES is to provide an administrative platform for aggrieved investors, whose grievances, pertaining to the securities market, remain unresolved by the concerned listed company, registered intermediary or recognized market infrastructure institutions (MIIs).

SEBI Master Circular on issuance of NOC for release of 1% of Issue Amount

November 7, 2022 1695 Views 0 comment Print

PILMB shall submit a certificate confirming that all the Self-Certified Syndicate Banks (SCSBs) involved in Application Supported by Blocked Amount (ASBA) have unblocked ASBA accounts. The application for NOC shall be considered incomplete by SEBI if the application for NOC is not accompanied by a confirmation by PILMB that all the accounts in ASBA have been ‘unblocked’.

Clearance of rice consignments handed over to Customs before Notification No. 31/2015-2020

November 7, 2022 831 Views 0 comment Print

Condition (iii) of Para-2 of Notification No. 31/2015-2020 dt. 08.09.2022 has been amended with immediate effect so as to provide clearance to such rice consignments held up in CFS which had been handed over to the Container Freight Station (CFS) before this Notification.

DGFT amends Policy Condition of ITC (HS), 2022- Implementation of CIMS

November 7, 2022 963 Views 0 comment Print

The importer can apply for registration not earlier than 60th day and not later than 5 days before the expected date of arrival of import consignment.

MCA imposes penalty for not filing Annual Return on Company & Directors

November 7, 2022 1392 Views 0 comment Print

Order for penalty for violation of section 92 of the Companies Act,2013 with respect to Magadh Spun Pipe Limited Company is in default for filing its Annual Return for the financial year end 31.03.2019 and 31.03.2020 with the office of Registrar of Companies, Patna. Provisions of Section 92 of the Companies Act, 2013 has been […]

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