ICAI disciplinary panel found CA Anand Jhunjhunwala guilty of misconduct for misreporting loan accounts. He is barred for 3 years and fined ₹5 lakh.
SEBI bars 12 entities, including V Marc India’s promoter, for manipulating stock prices and volumes. The probe continues with potential legal proceedings.
SEBI bans Vijay Mallya from securities markets for three years due to fraudulent activities involving overseas bank accounts and routing funds to Indian markets.
CA Bal Chandra Khaitan fined ₹5,000 by ICAI for errors in audit reporting on amalgamation reserves and failing to comply with accounting standards.
Ministry of Corporate Affairs adjudicates penalties against Pallava Resorts Pvt. Ltd. for violating Section 134 of the Companies Act, 2013.
MCA imposes a ₹10 lakh penalty on Pink Square Real Estate Pvt. Ltd. for delay in filing declarations under Section 89(1) & 89(2) of the Companies Act, 2013.
Naturo Indiabull Limited penalized for not acknowledging notices at its registered office, violating Section 12(1) of the Companies Act, 2013.
MCA imposes a ₹20,000 penalty on Ajay Nidhi Ltd and its director for violating Rule 14(6) of the Companies (Prospectus and Allotment of Securities) Rules, 2014.
SEBI adjudicates insider trading case against Shalimar Paints Limited for failing to identify and manage UPSI during fund-raising activities. Read the full findings.
MCA imposed a Rs. 20,000 penalty on Ajay Nidhi Ltd. and its MD for not mentioning allottees’ occupations in Form PAS-3, violating Rule 12(2) of Companies Act.
