The case involved non-compliance with mandatory appointment of a whole-time company secretary. The authority held that delayed rectification does not remove liability for past violations.
The authority penalized prolonged non-compliance with mandatory appointment requirements under Section 203. Despite later rectification, penalties were imposed, emphasizing strict adherence to statutory timelines.
SEBI’s 2026 amendments reduce credit risk thresholds and widen investment options for InvITs. The changes improve flexibility while maintaining regulatory safeguards.
ROC Pune penalized a company and its directors for failure to file commencement of business declaration within the prescribed period under Section 10A. The delay occurred after the foreign subscriber could not remit share capital due to SWIFT KYC issues.
A corrigendum fixes multiple drafting and referencing mistakes in income tax rules. The update ensures clarity without altering substantive provisions.
The issue was multiple show cause notices issued by different authorities. The notification appoints a single adjudicating authority to ensure uniform and efficient adjudication.
GSTN clarified that system-calculated interest for February 2026 was incorrectly reflected in March returns due to a technical issue. Taxpayers must recompute and update the correct interest using the portal feature.
The issue concerned whether new ECGC Whole Turnover Policies qualify under RELIEF scheme support. DGFT clarified eligibility from March 16, 2026, ensuring wider access and boosting export insurance adoption.
The circular addresses handling of export cargo returned due to maritime route disruptions. It allows offloading without Bill of Entry subject to seal verification and mandates recovery of incentives.
he agreement focuses on sharing intelligence to detect fraud in the securities market. It enables coordinated action using telecom and financial data systems.
