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 […]
Chief Commissioner of Bhubaneswar Zone introduces camp court sessions in Rourkela Commissionerate for faster appeals disposal. Learn more.
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.
Get insights into the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules for Linear Alkyl Benzene. Effective from 26th September 2023.
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 has established a standing committee to enhance cyber security in insurance industry, as per their Information and Cyber Security Guidelines.
The Ministry of Corporate Affairs imposes penalty on Triveni Nidhi Limited and its directors for non-mentioning of DIN in financial statements.
Ministry of Corporate Affairs extends the tenure of the Company Law Committee till September 16, 2024, with details on its objectives and members.
Government of India fines Nissan Motor India and directors 11.84 lakh for 178-day delay in appointing Company Secretary. Details, analysis, and implications.
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.