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Notifications/Circulars

IFSCA Amendment to Aircraft Lease Framework for Indian Residents

October 30, 2024 885 Views 0 comment Print

IFSCA amends the Aircraft Lease Framework for transactions with Indian residents, effective immediately. Details on requirements and fees are outlined.

Penalty Imposed by MCA for Gap Exceeding 120 Days Between Board Meetings

October 29, 2024 615 Views 0 comment Print

Ispat Sheets Limited fined for non-compliance with Companies Act provisions on Board meetings. Total penalty imposed: ₹40,000.

Non-compliance in filing Form PAS-6: MCA imposes Rs. 3.5 Penalty

October 29, 2024 696 Views 0 comment Print

Ispat Sheets Limited penalized for failing to file Form PAS-6. The penalty includes fines for the company and its directors as per Companies Act.

Customs Act: New Adjudicating Authority Appointments – Oct 2024

October 29, 2024 258 Views 0 comment Print

CBIC assigns Mumbai Customs Commissioner as Adjudicating Authority for specific cases per Customs Act, 1962. Notification effective upon publication.

IBBI RTI Appeal: Case Dismissed Over Privacy Exemption

October 29, 2024 189 Views 0 comment Print

IBBI dismissed an RTI appeal seeking insolvency details of personal guarantors, citing privacy and resource constraints under RTI Act’s exemptions.

IBBI Centralized E-Auction Platform for Liquidation Assets

October 29, 2024 330 Views 0 comment Print

IBBI mandates centralized listing of liquidation assets on eBKray platform for transparency and improved recovery. Effective November 1, 2024.

IFSCA (Market Infrastructure Institutions) (Amendment) Regulations, 2024

October 29, 2024 342 Views 0 comment Print

IFSC Authority updates Market Infrastructure Institutions Regulations, 2024, enhancing governance, key personnel roles, and trading hours in financial markets.

Delayed filing of e-form MGT-14: MCA imposes Penalty of . ₹10.49 Lakh

October 29, 2024 1482 Views 0 comment Print

Adjudication order against KCP Infra for delays in filing resolutions under the Companies Act, 2013. Total penalty imposed: ₹10.49 lakhs. Appeals allowed within 60 days.

Details of youngest & oldest registered IP exempt from Disclosure under RTI

October 29, 2024 3381 Views 0 comment Print

IBBI rejects RTI appeal seeking youngest and oldest insolvency professionals’ details, citing privacy concerns under Section 8(1)(j) of the RTI Act.

Allotment of Equity shares in physical form: MCA imposes Penalty

October 29, 2024 825 Views 0 comment Print

Registrar of Companies imposes ₹20,000 penalty on KCP Infra Limited for violating Rule 9A of Companies Act, 2013 by issuing physical securities.

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