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Non-Disclosure of Related Party Transactions: MCA Imposes Penalty

July 9, 2024 2721 Views 0 comment Print

Tablespace Technologies fined ₹1,00,000 for failing to disclose director’s interests as required by Section 184 of the Companies Act.

Non-constitution of Audit Committee: MCA RD Upheld Penalty of Rs. 12 Lakh

July 9, 2024 1305 Views 0 comment Print

Khed Developers’ appeal against a ₹12 lakh penalty for failing to form an Audit Committee was dismissed. Learn about the case, its implications, and the Regional Director’s ruling.

IBBI Penalizes RP for Submitting Revised Resolution Plan to AA Without CoC Approval

July 8, 2024 1068 Views 0 comment Print

IBBI suspends & Penalises RP For submitting a revised resolution plan to the Adjudicating Authority (AA) without obtaining the final approval from the Committee of Creditors (CoC)

SEBI Circular: Prudential Norms for Passive Schemes’ Exposure to Sponsor Group Companies

July 8, 2024 975 Views 0 comment Print

Explore SEBIs latest circular on streamlining prudential norms for Mutual Fund schemes’ investments in sponsor group companies. Understand the implications and compliance requirements.

IFSCA Circular on DMA and SA Facilities for Bullion Exchange Participants

July 8, 2024 552 Views 0 comment Print

Explore IFSCA’s latest circular (IFSCA/DMC-MRD/Bullion/Technology/6/2024/01) detailing DMA and SA facilities for Bullion Exchange participants. Learn guidelines, implementation, and regulatory impact.

₹ 12 Lakh Penalty Upheld for Non-Constitution of Nomination & Remuneration Committee

July 8, 2024 672 Views 0 comment Print

MCA RD confirmed a ₹12 lakh penalty for Khed Developers Ltd. due to non-constitution of the Nomination & Remuneration Committee as required by the Companies Act.

SEBI (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2024

July 8, 2024 2820 Views 0 comment Print

SEBI amends the Issue and Listing of Non-Convertible Securities Regulations, 2024. Key changes include record date fixation and due diligence requirements.

SEBI (LODR) (Second Amendment) Regulations, 2024

July 8, 2024 2070 Views 0 comment Print

Explore the latest amendments to SEBI’s Listing Obligations and Disclosure Requirements Regulations for 2024. Understand the impacts, changes, and compliance updates.

Weekly newsletter from Chairman, CBIC dated 08/07/2024

July 8, 2024 666 Views 0 comment Print

Explore highlights from CBICs July 2024 newsletter on GST Council updates and successful customs operations at Delhi and Chennai airports.

Failure to include DIN in documents summitted with ROC: MCA levied Penalty

July 8, 2024 1287 Views 0 comment Print

Siply Services fined for failing to comply with Section 158 of the Companies Act. Penalties applied to the company and its director for non-compliance.

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