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Orders

Hallmarking of Gold Jewellery and Gold Artefacts (Second Amendment) Order, 2023

March 31, 2023 1068 Views 0 comment Print

If any person, had already given a declaration as required by the Bureau under sub-section (4) of section 18 of the Bureau of Indian Standards, Act, 2016 (11 of 2o16) declaring his old stock of Gold jewellery or Gold artefacts with old hallmarking as existed prior to 1st July 2021, such person shall be permitted to sell or display or offer to sell such declared stock of old Gold jewellery or Gold artefacts upto the 30th June 2023

CA penalised for not complying with principles & procedures laid down in SAs

March 31, 2023 16353 Views 0 comment Print

Auditor not complied with the principles and procedures laid down in the SAs, had not maintained proper audit documentation and displayed flawed understanding and interpretations of the various stipulations in the law and standards in an unprofessional manner that established the EP’s professional misconduct in terms of section 132 (4) of the Companies Act 2013.

NFRA penalises & Debar Auditor for violating several Standards on Auditing

March 31, 2023 2667 Views 0 comment Print

Auditor violated several Standards on Auditing (SA) that are required to be followed during conduct of an audit of historical financial information and in providing an auditor’s certificate.

MCA imposes penalty Rs. 3.5 Lakh for carrying business not mentioned in MOA

March 31, 2023 10704 Views 1 comment Print

Since the company carried on the business of manufacturing and dealing in starch in the financial year 2018- 19 and 2019-20 without any specific clause in memorandum of association relating to starch, it has breached the provisin of Section 4 of the Companies Act, 2013.

MCA imposes penalty on CA for Non-reporting of violations in audit report

March 29, 2023 39780 Views 0 comment Print

Section 143(3)(d) of Companies Act, 2013 states that ‘the auditors report shall state whether, the company’s balance sheet and profit and loss account dealt with in the report are in agreement with the books of account and returns’. It is apparent from the financial statements for the financial year ended 31.03.2021 Interest Accrued” on Secured […]

MCA imposes penalty on Company for Non-maintenance of registers

March 29, 2023 14955 Views 0 comment Print

Section 94(1) of Companies Act, 2013 states that the register required to be kept and maintained by a company under section 88 and copies of the annual return filed under section 92 shall be kept at the registered office of the company. During the course of inspection the company failed to furnish such registers and […]

Registrar of Companies removed or strike off names of 454 Companies

March 29, 2023 1881 Views 0 comment Print

Registrar of Companies removed or strike off the names of 454 Companies as per annexure on this day of 29-03-2023 from Register of Companies

Safety Glass (Quality Control) Amendment Order, 2023

March 24, 2023 2019 Views 0 comment Print

Nothing in Safety Glass (Quality Control) Order, 2020 shall apply to import of safety glass by a vehicle manufacturer for manufacturing up to ten thousand vehicles manufactured in India per financial year

IRDAI constitutes Expert committee for matters related to mental health

March 23, 2023 1137 Views 0 comment Print

A holistic examination of the various aspects involved such as types of conditions, types of treatments etc from the insurance perspective is necessary when dealing with products designed to cover mental illnesses and other related aspects.

IBBI suspends Registration of IP for delay in CIRP proceedings

March 23, 2023 954 Views 0 comment Print

IBBI held that it is evident that there was avoidable delay on the part of Mr. Rajput in filing application under Section 19(2) of the Code for non-cooperation of directors/promoters of CD, in taking control of assets of CD, in appointing registered valuers and in publication of Form G and he did not operate the […]

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