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DGFT Public Notice No. 11/2024-25: New Agencies Added

June 12, 2024 3381 Views 0 comment Print

Stay updated with Public Notice No. 11/2024-25 from DGFT, Ministry of Commerce & Industry, adding agencies to Appendix 2G of Foreign Trade Policy.

DGFT Notice: RCMC Issuance for Medical Devices | Trade Alert

June 12, 2024 807 Views 0 comment Print

Stay informed with DGFT Trade Notice 05/2024 regarding RCMC issuance for medical devices. Get insights on changes and implications for trade and industry.

Late Issuance of Share Certificates: MCA imposes ₹2 Lakh penalty

June 11, 2024 10233 Views 0 comment Print

Mozarc Medical India Private Limited penalized for late share certificate issuance, violating Section 56(4)(a) of Companies Act, 2013. Penalty details inside.

Lack of Required Independent Directors: MCA RD Upholds Rs. 9.75 Lakh Penalty

June 11, 2024 966 Views 0 comment Print

Khed Developers’ appeal against the penalty for lacking independent directors was denied. The Rs. 9.75 lakh penalty remains, reaffirming the importance of compliance.

Non-appointment of CS: MCA RD upheld Penalty of Rs. 17.25 Lakh

June 11, 2024 963 Views 0 comment Print

Khed Developers Limited’s appeal against a ₹17.25 lakh penalty for non-appointment of a Company Secretary was denied. Read about the Regional Director’s decision.

Non-Filing of Section 187C(1) Declaration: MCA RD Upholds Rs. 14.95 Lakh Penalty

June 11, 2024 879 Views 0 comment Print

Yapp India challenges a Rs. 14.95 lakh penalty imposed for non-filing under Section 187-C(1) of the Companies Act.

DGFT amends import policy of specific gold jewelry

June 11, 2024 2874 Views 0 comment Print

India’s Directorate General of Foreign Trade revises import policy for gold jewelry with ITC HS codes under Chapter 71. New rules effective immediately.

MCA Imposes Rs. 4 Lakh Penalty for non-maintenance of Registered office

June 11, 2024 711 Views 0 comment Print

Read about the penalty imposed by MCA on MEGASYS HEALTHCARE LIMITED for violating Section 12(1) of the Companies Act, 2013 by not maintaining its registered office.

RBI Approves $23.37M Exim Bank Credit to Guyana

June 11, 2024 534 Views 0 comment Print

RBI approves $23.37 mn Exim Bank line of credit to Guyana for procuring Hindustan 228-201 aircraft. Learn more about the agreement and terms.

International Trade Settlement in INR: Opening of additional Current Account for settlement of trade transactions

June 11, 2024 2097 Views 0 comment Print

RBI allows AD Category-I banks to open special accounts for both export and import trade settlements in INR. Learn more about the new circular.

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