Ministry of Finance issues Instruction No. 17/2023-Customs regarding the requirement of EPR (Extended Producer Responsibility) registration certificate for the import of batteries and equipment containing batteries. The Central Pollution Control Board (CPCB) has highlighted the Battery Waste Management (BWM) Rules, 2022, which supersede the earlier Batteries (Management and Handling) Rules, 2001. All producers, including importers, […]
Adjudicating Officer concluded that there was a violation of Section 204 and imposed a penalty of Rs. 2,00,000/- on Secretarial Auditors.
MCA imposes penalty under section 378ZA(10) of section 378ZA(10) of Companies Act, 2013 as company failed to file proceedings of the annual general meeting, along with report of Board of Directors, audited balance sheet, and profit and loss statements.
The Registrar of Companies, Hyderabad recently imposed a penalty of INR 2,00,00,000/- (Two Crore only) on a company and its officer in default. Additionally, the company has been directed to refund all the money accepted in violation of section 42 of the Act, along with interest. The penalty was imposed because the company failed to […]
Company had issued a private placement offer letter before filing the relevant special resolution in the registry, which is a violation of Section 42(3) of the Companies Act, 2013, read with Rule 14(8) of the Companies (Prospectus and Allotment of Securities) Rules, 2014.
Notification in relation to the rail link route connecting Bathnaha-Indian Customs Yard, Jogbani in Inda, and Nepal Customs Yard, Biratnagar in Nepal and Road connecting Kolkata, Dunlop Bridge, Barrackpore, Krishna Nagar, Malda, Raiganj, Dalkola, Purnia, Araria, Forbesganj and Jogbani in India, and Biratnagar in Nepal by amendment of Principal Notification No. 63/1994-Customs (N.T.) dated 21st […]
CBIC notifies Customs Exchange rate for Import & Export with effect from 19th May, 2023 vide Exchange rate vide Notification No. 36/2023 – Customs (N.T.) Dated : 18th May, 2023. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 36/2023 – Customs (N.T.) | Dated: 18th […]
The IP submitted that in order to realize the maximum value for all stakeholders, the liquidator is maintaining the business of the CD on going concern basis as recommended by the CoC. He submitted that the CD was intended to be liquidated as a going concern through e auction mode as provided in IBBI (Liquidation […]
IBBI observed that Mr. Amit Gupta has charged the excess fess as the liquidator of the CD and held the prima facie view that he has inter alia violated section 35(1)(d) & (o) and 208(2)(a) & (e), regulation 4(2) of the Liquidation Regulations and regulation 7(2)(h) of IP Regulations read with clauses 1, 3 and […]
E-waste (Management) Rules 2022 – regarding release of imported consignments of producers of 85 EEEs items (ITEW 17 to ITEW 27, CEEW 6 to CEEW 19, LSEEW 1 to LSEEW 34, EETW 1 to EETW 8, TLSEW 1 to TLSEW6, MDW 1 to MDW 10 and LIW1 to LIW 2) – reg.
