The Registrar of Companies (ROC) in Delhi has recently imposed penalties on a company, including its Independent Directors (ID) and Non-Executive Directors (NED), for violations related to the Corporate Social Responsibility (CSR) provisions under Section 135(5) of the Companies Act, 2013. The case involves the company’s failure to spend the required amount on CSR activities […]
Principal Commissioners / Commissioners are to ensure that the exporters approaching for paying the duty, etc. are registered with the DGFT in terms of the Public Notice dated 02.04.2023 ibid. These cases under the scheme be monitored and tracked so that there is efficient handling and expeditious closure of these old cases of bona fide EO default in a seamless manner. Suitable mechanism for this should be put in place and closely supervised by the Principal Commissioners / Commissioners.
SEBI may consider grant of certificate to an applicant, notwithstanding that another entity in same group has been previously granted registration by it
KMPs who did not hold Board positions would not be liable under section 135. But all the directors as on that relevant date would be liable on account of the failure to discharge an obligation cast upon them by the law.
ROC Hyderabad penalizes Thrissur Expressway Limited and its officers Rs. 3.75 Lakhs for not appointing an internal auditor, violating Section 138 of Companies Act.
Thrissur Expressway Limited fined Rs. 30,33,200 for delays in appointing key managerial personnel as per Section 203 of the Companies Act, 2013.
International Financial Services Centres Authority has issued a circular providing a comprehensive fee structure for entities intending to undertake permissible activities in IFSC. Learn about the categories of fees, payment procedures, and late payment penalties outlined in the circular.
While there is no question that this interpretation is truly its core, integrity actually stands for many more things. As Civil Servants, our primary allegiance is to the Constitution and rule of law which implies that we must apply the laws that we administer in a fair, just and equitable manner.
Notification in relation to Land Customs Stations and routes a) Anandpara (India) – Ramgarh (Bangladesh) via River Feni (b) The road from NH-8 in Anandpara (India) through Maitri Setu to Ramgarh (Bangladesh) by amendment of Principal Notification No. 63/1994-Customs (N.T.) dated 21st November 1994 MINISTRY OF FINANCE (Department of Revenue) Notifications No. 35/2023 -Customs (N.T.) […]
IBBI disposes of SCN with the direction to RV to be cautious in preparation of valuation report. He should henceforth endeavour to record all the relevant facts in the report itself.
