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SEBI (Depositories and Participants) (Amendment) Regulations, 2024

May 10, 2024 504 Views 0 comment Print

Learn about the Securities and Exchange Board of India (SEBI) amendment regulations in 2024 regarding payment of annual charges by depositories. Details of the amendment explained

Non-appointment of Internal Auditor by Company: MCA imposes Penalty

May 10, 2024 15906 Views 0 comment Print

Learn about penalties imposed by MCA on Sector 113 Gatevida Developers Private Limited for failing to appoint an internal auditor. Analysis, implications, and order details included.

ICAI Announces New Branch in Tonk, Renames Aurangabad Branch & Detaches Theni from Madurai

May 10, 2024 750 Views 0 comment Print

ICAI opens a new branch in Tonk District, Rajasthan, and renames Aurangabad Branch. Theni detached from Madurai Branch. Learn about the latest updates.

Amendment in FTP: Import Provisions for Quality Control Orders

May 10, 2024 453 Views 0 comment Print

Learn about the latest amendment enabling import of QCO subjected inputs by Advance Authorisation holders, EOU, and SEZ. Details in Public Notice No. 04/2024-25-DGFT.

Uploading of judicial orders related to insolvency proceedings by Insolvency Professionals

May 9, 2024 303 Views 0 comment Print

Stay updated with IBBI’s latest directive for Insolvency Professionals (IPs) to upload judicial orders related to insolvency proceedings on their dashboard. Learn more.

Professional Misconduct: CA Deviates from Assignment Requirements, Causing Loss

May 9, 2024 852 Views 0 comment Print

CA Solanki failed to work in line with the requirements of the assignment and deliberately adopted a different methodology, causing loss to the complainant. Consequently, the Committee determined that Solanki’s actions constituted professional and other misconduct.

Certification of e-Form of disqualified directors: ICAI imposes penalty on CA

May 9, 2024 1890 Views 0 comment Print

Delve into the disciplinary action against CA Sushil Suresh Bajaj by the Institute of Chartered Accountants of India. Analysis, verdict, and implications discussed.

ICAI Penalizes/Suspends CA for Accounting Standards & Reporting Non-compliances

May 9, 2024 1140 Views 0 comment Print

Committee concluded that there were indeed non-compliances in the financial statements audited by Pachkhede, relating to various accounting standards and reporting requirements. These errors were considered to constitute professional misconduct as per the Committee’s Findings dated February 7, 2024.

Deficiencies in audit work: ICAI imposes Penalty on CA

May 9, 2024 1578 Views 0 comment Print

Disciplinary Committee found CA. Keshav Vishwanath Chaubey guilty of professional misconduct for various deficiencies in his audit work. Despite the respondent’s personal difficulties, the Committee determined that his actions constituted a breach of professional standards and warranted disciplinary action.

Signing of financial statements on a back date: ICAI reprimanded CA

May 9, 2024 717 Views 0 comment Print

The case centers on Pednekar’s signing of financial statements on a back date, which is deemed as negligent conduct and a breach of professional standards.

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