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Non-appointment of CS: MCA reduces Penalty from ₹25 Lakh to 3.75 Lakh

February 1, 2024 1449 Views 0 comment Print

In a significant decision, the MCA reduced the penalty for Shrushti Contech Pvt Ltd’s non-appointment of a Company Secretary from ₹25 lakh to ₹3.75 lakh. Discover the details.

Failure to File E-Form MGT-14 for Resolutions: MCS Reduces Penalty by 80%

February 1, 2024 999 Views 0 comment Print

Explore the appeal filed by Stanley Lifestyles Limited against penalties imposed under the Companies Act, 2013, and the subsequent reduction in penalties by the Registrar of Companies, Karnataka.

Non-appointment of CS- MCA Reduces Penalty from ₹25 Lakh to ₹3.75 Lakh

February 1, 2024 699 Views 0 comment Print

Explore the appeal filed by Shrushti Contech Private Limited against penalties under the Companies Act, 2013. Detailed analysis of the adjudication order and its implications.

Non-appointment of CS- MCA Reduces Penalty of Rs. 29.94 Lakh to 15%

February 1, 2024 468 Views 0 comment Print

Read about the reduction of penalty from Rs. 29.94 lakh to 15% by MCA due to non-appointment of CS by IBM Global Financing India Pvt. Ltd. Detailed analysis provided.

Non-appointment of CS- MCA Reduces Penalty from Rs. 15 Lakh to Rs. 2.25 Lakh

February 1, 2024 471 Views 0 comment Print

Appellants contested an adjudication order for failing to comply with Section 203 of the Companies Act, 2013, which mandates the appointment of a whole-time company secretary for companies with a paid-up capital exceeding Rs. 5 crores.

RBI Mandates Enhanced Compliance Monitoring Solutions

February 1, 2024 2943 Views 0 comment Print

RBI directive urges financial institutions to upgrade compliance monitoring systems. Explore the streamlining process, technology leverage, and implementation timeline.

MCA Reduces Penalty for Late MGT-14 Filing from ₹1074700 to ₹214940

February 1, 2024 1971 Views 0 comment Print

Explore the MCA decision as penalty for non-filing MGT-14 decreases from 10.74 lakhs to 2.14 lakhs for Stanley Lifestyles Limited and its officers.

Non-appointment of CS – Penalty Slashed from ₹15L to ₹2.25L

February 1, 2024 810 Views 0 comment Print

Explore the significant MCA decision as penalty for non-appointment of Company Secretary drops from 15 lakh to 2.25 lakh for Trane Technologies India Private Limited directors.

CBDT Release ITR 2,3 & 5 for AY 2024-25 & amends Income Tax Rule 12

January 31, 2024 6987 Views 0 comment Print

Stay updated on Income Tax rules with CBTD Notification No. 19/2024. Explore amendments effective from April 1, 2024, impacting rule 12. Download the Income-tax (Amendment) Rules.

MCA Appoints Technical Members to NCLAT

January 31, 2024 591 Views 0 comment Print

Explore the recent Ministry of Corporate Affairs notification appointing Technical Members to the National Company Law Appellate Tribunal (NCLAT) for a four-year term.

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