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MCA Imposes Penalty for Inadequate Board Report Disclosures

May 24, 2024 810 Views 0 comment Print

MCA imposes penalties on Reflektion Media Software for failing to disclose key details in Board Reports for multiple financial years under Section 134(3).

MCA Imposes Penalty on Company & Directors for Not Maintaining Minutes

May 24, 2024 627 Views 0 comment Print

Jai Shree Krishna Steel Works fined ₹25,000 by MCA for failing to maintain meeting minutes as per Section 118 of the Companies Act, 2013.

Failure to Convene Board meeting within prescribed Period: MCA imposes Penalty

May 24, 2024 531 Views 0 comment Print

Aspect Contact Center Software India fined by ROC Karnataka for failing to hold board meetings as required by Section 173(1) of the Companies Act, 2013.

Failure to include contact details on letterheads: MCA levied ₹4 Lakh Penalty

May 24, 2024 1209 Views 0 comment Print

G2.Com India Pvt Ltd fined for not including required contact details on letterheads per Companies Act, 2013. Penalty details and appeal process outlined.

CA Sanctioned for Embezzlement by ICAI Disciplinary Committee

May 24, 2024 759 Views 0 comment Print

The ICAI Disciplinary Committee has sanctioned CA Atish Omprakashji Kabra, removing him from the Register of Members for three months due to professional and other misconduct, including embezzlement.

Failure to include attendance slips & proxy forms in AGM notices: MCA imposes Penalty

May 24, 2024 1017 Views 0 comment Print

Credii Technologies fined for failing to follow AGM notice rules in FY 2018-19 and 2019-20. Penalties and compliance details outlined by Registrar of Companies Karnataka.

Refund of Kerala Flood Cess – instructions issued

May 24, 2024 1623 Views 0 comment Print

Learn about the latest guidelines for claiming Kerala Flood Cess refunds, including application procedures and processing steps, as per Circular No. 09/2024.

ICAI Disciplines CA for non-compliance with several Accounting Standards

May 24, 2024 579 Views 0 comment Print

 ICAI’s Disciplinary Committee reprimands CA Haresh B. Shah and imposes a Rs. 2 lakh fine for professional misconduct in auditing financial statements.

Failure to provide explanations or comments in Board Report: MCA imposes ₹16.5 Lakh Penalty

May 24, 2024 9621 Views 0 comment Print

Reflektion Media Software (India) penalized ₹12 lakh for non-compliance with Section 134(3) of the Companies Act, 2013. Directors also fined.

SEBI enhances Dynamic Price Bands for scrips in Derivatives segment

May 24, 2024 1437 Views 0 comment Print

SEBI enhances dynamic price bands for derivatives to manage volatility and minimize information asymmetry. Effective dates: June 3, August 19, October 21, 2024.

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