ROC), Delhi, has imposed a penalty on Teleone Consumers Product Private Limited. The violation pertains to non-compliance with section 118(10) of the Companies Act, 2013, as detailed in an Inquiry Officer’s report.
Read the final order issued by the Securities and Exchange Board of India (SEBI) regarding the falsification and misstatement of financial statements by Arvind Remedies Limited. The order includes background information, findings, and directions issued to the involved parties.
Read the order issued by the Securities and Exchange Board of India (SEBI) under Section 12(3) of the SEBI Act, imposing a 2-year prohibition on IIFL Securities Limited (formerly India Infoline Limited) from taking up new clients as a stock broker. The order highlights the violations committed by IIFL and the corrective measures taken.
IBBI Disciplinary Committee found that Mr. C. Ramasubramaniam contravened provisions of IBC and related regulations. Firstly, he failed to file an extension application within the prescribed timeframe after the expiry of the liquidation period. This neglect in fulfilling his duty as a Liquidator demonstrates gross negligence and dereliction of responsibilities. Secondly, Mr. Ramasubramaniam accepted an […]
MCA has imposed penalties on Goodluck Petrolium Company Pvt. Ltd. and its directors for not conducting board meetings for multiple financial years. This article provides an analysis of the order and its implications.
Read the details of the IBBI Disciplinary Committee’s order suspending Insolvency Professional Mr. Vishal Ghisulal Jain for contraventions under the Insolvency and Bankruptcy Code.
GVK Jaipur Expressway Ltd fined for breaching Section 179(3) of the Companies Act, 2013 by granting a loan without timely board approval.
MCA has issued a penalty order against Teleone Consumers Product Private Limited for violating Section 118 of Companies Act, 2013. Violation pertains to non-compliance with secretarial standards related to recording of minutes of meetings.
MCA imposes penalty on Ringming Hotels And Restaurants Private Limited for violating section 118 of Companies Act, 2013. Company failed to hold board meetings and annual general meetings, resulting in penalties. Get insights into the order and its implications.
Introduction: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has released a consultation paper on the framework for grading real estate projects in Maharashtra. This initiative aims to enhance transparency and enable homebuyers to assess the quality of projects and make informed decisions. MahaRERA has outlined the need for grading, provided examples from international and national […]
