The ROC penalized the company for not appointing an Independent Director from the IICA databank. The ruling highlights strict compliance requirements under Section 150(1) of the Companies Act.
The authority penalized the company for delayed filing of MGT-6 beyond the prescribed timeline. It held that even a short delay constitutes a violation under Section 89(7).
The authority penalized the company for failing to file MGT-14 within 30 days of passing a resolution. It held that delayed compliance still attracts penalties under Section 117(2).
A massive delay in filing BEN-2 for significant beneficial ownership led to maximum penalties. The authority held that prolonged non-compliance attracts strict penal consequences.
The notification confirms continuation of RoDTEP with unchanged rates and caps. Exporters benefit from continuity and predictability in incentives.
The DGFT has granted a one-time 30-day extension for diamond re-import timelines under FTP 2023. This move addresses logistical delays caused by geopolitical instability and ensures exporters retain zero-duty benefits. It provides temporary relief to affected shipments within a specified period.
The Government extended the free import policy for Tur to ensure adequate supply in the domestic market. This helps control price volatility and supports food security.
The government has extended the unrestricted import of Urad for another year. The key takeaway is that importers can continue duty-free imports without policy restrictions until 31 March 2027.
The government extended the Free import policy for Yellow Peas without MIP or port limits. Imports remain subject to online monitoring registration.
The notification prolongs MIP on Virgin Multi-layer Paper Board imports until 30 April 2026. It reinforces regulatory control over import pricing and stabilizes domestic market conditions.
