IBBI cancels Amit Gupta’s registration for regulatory violations during liquidation processes, including excess fees and improper practices.
Regional Director, Eastern Region, reduces penalty for Section 158 DIN violations to ₹2.25 lakh in the MPS Distributors Pvt. Ltd. case. Appeal details inside.
Kalpakkam Nidhi Ltd fined Rs. 20,000 for non-compliance with Rule 14(6) of Companies Act. IT order mandates payment within 90 days, with appeal options available.
IBBI issues a disciplinary order against Praveen Kumar Agrawal, an Insolvency Professional, for failing to act in homebuyers’ interest during CIRP.
Adjudication order issued to Jasbir Singh for violating Section 165 of Companies Act, 2013. Penalty of ₹2,00,000 imposed by ROC Punjab and Chandigarh.
Adjudication order under Companies Act, 2013 for M/s Aasvas Nidhi Ltd for non-compliance with Section 158. Penalty imposed on company and directors for violations.
Sonasuman Constech Engineers fined for failing to comply with Section 158 of the Companies Act 2013. Penalty imposed on company & directors for non-compliance.
An RTI appeal challenging IBBI’s refusal to disclose information under Sections 8(1)(d) and (e) of the RTI Act was dismissed.
Sonasuman Constech Engineers Pvt Ltd penalized for violating Sections 134(1) and 134(6) of the Companies Act, 2013 for non-signing of financial statements.
CAVR Order No. 02/2024 extends validity for stainless steel J3 grade imports under specific HS codes till 28th November 2025.
