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ICAI Fines New Auditor for Not Communicating with Previous Auditor

September 25, 2024 7521 Views 0 comment Print

CA Anand K. found guilty of professional misconduct for not notifying the previous auditor before accepting a new audit assignment. Fine of Rs. 25,000 imposed.

ICAI Suspends CA for for misconduct related to GST payments

September 25, 2024 2622 Views 0 comment Print

CA Ranjit Kumar Yadav has been suspended for three months by ICAI for misconduct related to GST payments, including misappropriation of client funds.

Extension of CAVR Order for Linear Alkyl Benzene

September 25, 2024 261 Views 0 comment Print

The validity of CAVR Order No. 01/2023-Customs for Linear Alkyl Benzene is extended by one year, effective from September 26, 2024.

Central Government Increases Minimum Wage Rates for Workers

September 25, 2024 2208 Views 0 comment Print

The Central Government increases minimum wage rates by revising the Variable Dearness Allowance, effective October 1, 2024, aiding workers in the unorganized sector.

Violation of Section 149(4) of Companies Act: MCA imposes Rs. 14 Lakh Penalty

September 24, 2024 759 Views 0 comment Print

Quadrant Future Tek Ltd faces penalties for non-compliance with Section 149(4) of the Companies Act, 2013, regarding independent director appointments for 777 days.

Penalty for Non-Compliance with Private Placement Laws

September 24, 2024 513 Views 0 comment Print

M/s. Galaxeye Space Solutions faces penalties for violating Section 42 of the Companies Act on private placement non-compliance.

e-Form BEN-2 filed with delay of over 527 days: MCA imposes Penalty

September 20, 2024 474 Views 0 comment Print

Registrar of Companies imposes a penalty on GENONE Optech Pvt Ltd for delayed filing of e-Form BEN-2 under Section 90 of the Companies Act, 2013.

IBBI Suspends Insolvency Professional for Lack of Due Diligence

September 20, 2024 720 Views 0 comment Print

IBBI issues disciplinary order to Insolvency Professional Mr. Pramod Kumar Sharma for contraventions during Corporate Insolvency Resolution Process.

Personal Details of Public Servants Exempt from Disclosure Under RTI if Not in Public Interest

September 19, 2024 219 Views 0 comment Print

Jitender Kumar Jain’s RTI appeal for details on a show cause notice was dismissed as personal information, with no larger public interest demonstrated.

Company failed to address auditors’ remarks in Directors’ Report: MCA imposes Penalty

September 19, 2024 396 Views 0 comment Print

 Registrar of Companies penalizes Ummid Mutual Benefit Nidhi Ltd. for non-compliance with Section 134(3)(f) of the Companies Act regarding auditors’ comments.

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