The company and its directors have been penalized for not filing financial statements for two financial years. This order highlights the importance of companies complying with financial filing requirements.
M/s. Octacle Integration Private Limited director failed to comply with Companies Act by not obtaining DIN. Adjudicating Officer imposed a penalty of ₹3,65,500.
Subhangi Industries Private Limited director appointed without a DIN (Director Identification Number) faces a penalty of ₹3.41 lakh. The company failed to comply with Section 152(3) of the Companies Act, 2013.
Read about the Directorate General of Foreign Trades Public Notice 44/2023, suspending inoperative Standard Input-Output Norms (SION) from April 1, 2024. Learn about the impact and representation details.
Government of India’s DGFT issues Policy Circular (No. 10/2023-2024) providing relief in Average Export Obligation for sectors with export decline. Learn the impact and implementation.
Stay informed about IFSCA latest circular extending guidelines for Bullion Intermediaries in GIFT-IFSC. New deadline, regulatory updates, and impact discussed.
Read about RBIs circular extending the Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit up to June 30, 2024. Learn about modified rates and conditions.
Discover the latest RBI update (RBI/2023-24/125) on including Clearing Corporation as a Financial Info Provider under Account Aggregator Framework. Insights on RBI Retail Direct Scheme and its impact on retail investors
Insolvency and Bankruptcy Board of India enhances transparency in liquidation. Learn about progress reports, stakeholder engagement, and regulatory directives in the latest circular.
Stay updated with IBBI Circular No. IBBI/LIQ/69/2024. Learn about withdrawal guidelines for unclaimed dividends. Compliance with Liquidation Regulations ensured.
