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Default in Companies Act section 143(3)(h) compliance: MCA imposes Penalty

August 6, 2024 1506 Views 0 comment Print

ROC Guwahati imposes a ₹40,000 penalty on M/s SDS Properties Ltd. for violations of financial reporting norms under Section 143(3)(h) of the Companies Act, 2013.

SEBI amends Board nomination rights to unitholders of InvITs

August 6, 2024 768 Views 0 comment Print

SEBI amends rules for InvIT unitholder board nominations, clarifying rights when overlapping with lender nominations. Effective immediately from August 6, 2024.

SEBI Clarifies Board Nomination Rights for REIT Unitholders

August 6, 2024 771 Views 0 comment Print

SEBI amends rules to clarify board nomination rights for REIT unitholders, ensuring no overlap with lender rights. Effective immediately from August 6, 2024.

Carriage of Goods by Sea Bill, 2024 as introduced in Lok Sabha

August 6, 2024 1173 Views 0 comment Print

Explore the Carriage of Goods by Sea Bill 2024, outlining carrier responsibilities, liabilities, and rights based on international conventions and new provisions.

Bills of Lading Bill, 2024 as introduced in Lok Sabha

August 6, 2024 1971 Views 0 comment Print

The Bills of Lading Bill 2024 updates the transfer of rights and liabilities to consignees and endorses, repealing the 1856 Act and introducing new provisions. (160 Characters)

Banking Laws (Amendment) Bill, 2024 as introduced in Lok Sabha

August 6, 2024 2115 Views 0 comment Print

The Banking Laws (Amendment) Bill, 2024 revises key provisions in the Reserve Bank of India Act, Banking Regulation Act, and related laws, including changes to financial reporting and banking operations.

GST: Govt notifies section 11 to 13 of Finance Act (No. 8) 2024

August 6, 2024 10818 Views 0 comment Print

Govt. sets October 1, 2024, for Finance Act 2024, Section 13; April 1, 2025, for Sections 11 and 12, under Notification No. 16/2024-Central Tax.

IBBI suspends IP for violations of CIRP Regulations & Code of Conduct

August 6, 2024 879 Views 0 comment Print

IBBI’s Order No. IBBI/DC/238/2024 details Srigopal Choudhary’s delays and non-compliance in CIRP processes, leading to disciplinary action.

Government Extends Modified Interest Subvention Scheme for FY 2024-25

August 6, 2024 2478 Views 0 comment Print

RBI announces the continuation of the Modified Interest Subvention Scheme for short-term agricultural loans through Kisan Credit Card for FY 2024-25.

IBBI Suspends IP for CIRP Violations, non-cooperation & Unauthorized Work

August 6, 2024 651 Views 0 comment Print

IBBI suspends Gopal Lal Baser for a year for violations in CIRP process, including non-cooperation and unauthorized maintenance work. Read the full order here.

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