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Maharashtra PSU Tax Arrears Settlement Act, 2025

March 21, 2025 1131 Views 0 comment Print

Maharashtra’s 2025 Act allows PSUs to settle tax arrears, interest, penalties, and fees under various state tax laws. Learn about eligibility and settlement terms.

IBBI suspends Insolvency Professional for non-cooperation & regulatory breaches

March 21, 2025 813 Views 0 comment Print

IBBI disciplinary order highlights contraventions by Mr. Kairav Trivedi in CIRP cases, including non-cooperation, resolution plan issues, and compliance gaps.

Multi-State Co-op Audit Panels Merged for FY 2024-25

March 21, 2025 3231 Views 0 comment Print

India’s Ministry of Cooperation merges audit panels for multi-state co-ops, simplifying auditor appointments for FY 2024-25.

RTI Requests Should Seek available Records, Not Explanations: IBBI

March 21, 2025 303 Views 0 comment Print

RTI appeal seeking CIRP status and payment timeline of Future Supply Chain dismissed due to an 8-month delay beyond the deadline. Details on IBBI/NCLT websites.

Hinges Quality Control Order 2025: Standards and Guidelines

March 21, 2025 1827 Views 0 comment Print

Hinges (Quality Control) Order 2025 mandates Indian Standards compliance for hinges, with exemptions for exports and R&D. Effective from Gazette publication.

Appeal Against ROC Penalty for absence of maintained registered office Dismissed

March 17, 2025 1497 Views 0 comment Print

The appeal by Maptech Poly Products Pvt Ltd against a penalty for non-maintenance of its registered office was dismissed by the Regional Director, MCA.

FSSAI Order on Waiver of Registration Fees for Anganwadi ICDS Centers

March 12, 2025 819 Views 0 comment Print

FSSAI waives registration fees for Anganwadi (ICDS) Centers, introduces a new Kind of Business (KoB), and grants five-year registration certificates.

Ongoing Fraud Investigation in Asset Sale: IBBI Directs RP to Report Results

March 6, 2025 1404 Views 0 comment Print

IBBI disposes of SCN against IP in CIRP case, addresses claims dispute, and ongoing RoC investigation. Details of findings and DC’s conclusion explained.

IBBI Suspends IP for delays & procedural lapses in liquidation process

March 6, 2025 615 Views 0 comment Print

The IBBI Disciplinary Committee has suspended Ms. Sonu Jain for one year due to delays and procedural lapses in the liquidation process of Venkateshwara Capital.

IBBI Suspends Valuer’s Registration for flawed Valuation Report in CIRP & Liquidation

March 5, 2025 1038 Views 0 comment Print

IBBI suspends valuer for six months for non-transparent valuation in CIRP and liquidation of Base Corporation Ltd., citing violations of Valuation Rules, 2017.

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