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Gap between two board meeting exceeded 120 days- MCA imposes penalty

September 19, 2023 17703 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) in India has imposed penalties on Loram Rail Maintenance India Private Limited for violating Section 173(1) and Section 118(10) of the Companies Act, 2013. This article provides an in-depth analysis of the case, the reasons for the penalty, and the consequences for the company and its directors. Facts about […]

Rourkela GST Taxpayers Get Camp Court Sessions by CC Bhubaneswar Zone

September 19, 2023 714 Views 0 comment Print

Chief Commissioner of Bhubaneswar Zone introduces camp court sessions in Rourkela Commissionerate for faster appeals disposal. Learn more.

DPIIT notifies Quality Control Order for ‘Flux Cored Solder Wire’

September 18, 2023 1269 Views 0 comment Print

DPIIT, under Ministry of Commerce & Industry, has notified a new Quality Control Order (QCO) for Flux Cored Solder Wire to enhance quality and safety in manufacturing.

Customs Order: Linear Alkyl Benzene Value Declaration Rules

September 18, 2023 1344 Views 0 comment Print

Get insights into the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules for Linear Alkyl Benzene. Effective from 26th September 2023.

Auditor fined Rs.1,00,000/- for non-filing of ADT-3 for resignation

September 15, 2023 60288 Views 2 comments Print

Read about case of Dexter Biochem’s auditor fined Rs.1,00,000 for non-filing of ADT-3 resignation notice under Section 140(2) of Companies Act, 2013.

IRDAI Forms Committee on Cyber Security

September 14, 2023 1263 Views 0 comment Print

IRDAI has established a standing committee to enhance cyber security in insurance industry, as per their Information and Cyber Security Guidelines.

MCA Imposes penalty for not mentioning DIN under Signature in Financial Statements

September 14, 2023 16866 Views 0 comment Print

The Ministry of Corporate Affairs imposes penalty on Triveni Nidhi Limited and its directors for non-mentioning of DIN in financial statements.

Company Law Committee Tenure Extended till 16.09.2024

September 13, 2023 672 Views 0 comment Print

Ministry of Corporate Affairs extends the tenure of the Company Law Committee till September 16, 2024, with details on its objectives and members.

MCA Imposes 11.84 Lakh for 178-Day Whole Time CS Appointment Delay

September 13, 2023 717 Views 0 comment Print

Government of India fines Nissan Motor India and directors 11.84 lakh for 178-day delay in appointing Company Secretary. Details, analysis, and implications.

IBBI Suspends IP for Conducting CIRP Without Due Regard to Code

September 13, 2023 759 Views 0 comment Print

DC notes that Mr. Partha Sarathy Sarkar has conducted the entire CIRP of the CD in a brazen manner without having due regard the provisions of the Code and the regulations made thereunder. Keeping in view the grave nature of contraventions as detailed above, three years suspension is fully justified.

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