Coimbatore ROC imposes penalties on Martin Realty Pvt Ltd and its directors for violation of Section 179 of the Companies Act, 2013. Penalties total ₹1,75,000.
Order for Sagar Industries’ statutory auditor’s penalty under Section 454 of the Companies Act for audit report violations. Hearing details and adjudication summary.
RBI maintains policy repo rate at 6.50% in August 2024. Focus on controlling inflation while supporting growth. Projected GDP growth of 7.2% for 2024-25.
IRDAI mandates life insurers to submit data for specified categories to IIBI by 30 Sep 2024. Annual submissions to continue from FY 2024-25.
RBI directs Credit Institutions to report credit information to Credit Information Companies fortnightly, effective January 1, 2025, for timely credit assessment.
Registrar of Companies imposes penalties on Lalitbagh Heritage Palace and Museum Pvt Ltd for violating Companies Act, 2013. Non-compliance led to fines and potential legal actions.
SEBI amends rules to clarify board nomination rights for REIT unitholders, ensuring no overlap with lender rights. Effective immediately from August 6, 2024.
CBDT notifies Karnataka State Natural Disaster Monitoring Centre for tax exemptions on specific incomes. Effective for AY 2021-22 to 2025-26 with conditions.
Ministry of Finance notifies Kalyan Karnataka Region Development Board’s tax exemption for grants and interest, effective for FYs 2021-22 and 2022-23.
IBBI’s Order No. IBBI/DC/238/2024 details Srigopal Choudhary’s delays and non-compliance in CIRP processes, leading to disciplinary action.
