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Notifications/Circulars

Section 177(2) Audit Committee Rule Non-Compliance: ₹6 Lakh Penalty levied

May 21, 2024 147 Views 0 comment Print

Penalty imposed on Dalas Biotech Limited for failing to constitute an Audit Committee as per Section 177(2) of the Companies Act, 2013.

SEBI Master Circular for Investment Advisers 2024

May 21, 2024 402 Views 0 comment Print

Stay updated with SEBI master circular for investment advisers, consolidating all relevant guidelines and directions to ensure regulatory compliance and investor protection.

SEBI Master Circular for Research Analysts 2024

May 21, 2024 480 Views 0 comment Print

Stay updated with SEBI’s latest directives for Research Analysts. Access the Master Circular for comprehensive guidelines. Learn more!

Master Circular for listing obligations and disclosure requirements for Non-convertible Securities, Securitized Debt Instruments and/ or Commercial Paper

May 21, 2024 408 Views 0 comment Print

SEBI comprehensive master circular consolidates listing obligations for non-convertible securities, securitized debt instruments, and commercial paper issuers, promoting transparency and compliance.

ICAI Penalized CA for Involvement in Accommodation Entries, Fake Bills

May 21, 2024 1248 Views 0 comment Print

ICAI Board: Bansal’s objections addressed; sufficient evidence—call transcripts, forensic reports—establish his involvement in fake entries. Conduct deemed unbecoming of a CA, failing ethical standards.

MCA Imposes Rs. 5 Lakh Penalty for non-filing of DIR-12

May 21, 2024 972 Views 0 comment Print

MCA penalizes Tritium Infrastructure Pvt Ltd Rs. 5 lakh for not filing DIR-12 for director resignation. Understand the implications and details.

RBI Withdraws 8 Obsolete Circulars issued between 1995-2006

May 21, 2024 384 Views 0 comment Print

RBI’s internal review leads to withdrawal of outdated circulars from 1995 to 2006. Learn the details, implications, and analysis of this move by the Reserve Bank of India in 2024.

ICAI penalises CA in Practice for involvement in other business without prior permission

May 20, 2024 80016 Views 1 comment Print

Explore the case of CA Rajesh Kumar Chandak before the Board of Discipline, accused of professional misconduct in corporate governance. Detailed analysis provided.

ICAI penalises practicing CA for acting as Director in Companies without prior permission

May 20, 2024 3081 Views 0 comment Print

ICAI penalises practicing CA for engaging in other business activities and for acting as Director in various body corporates without requisite permission of ICAI. Board emphasized that Chopra’s involvement in managerial functions required prior approval from the ICAI Council, which he failed to obtain.

Changing of statement on oath to Government Authorities: ICAI Penalises CA

May 20, 2024 522 Views 0 comment Print

Explore the case of CA R. Vinod Kumar, verdict, implications, and analysis by ICAI in 2024. Understand the disciplinary action and its impact on the profession.

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