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ICAI Penalized CA for accepting audit without prior communication & tender violations

June 26, 2024 393 Views 0 comment Print

ICAI Disciplinary Committee orders one-month removal and ₹25,000 fine for CA. Surajit Bhowmick due to professional misconduct, including accepting an audit without prior communication and tender violations.

ICAI takes Disciplinary Action on CA for Tender Misconduct

June 26, 2024 591 Views 0 comment Print

ICAI imposes ₹15,000 fine on CA Parimal Sarkar for professional misconduct in government tender participation. Non-payment may lead to name removal.

ICAI Fines CA for Violating Audit Tender Rules

June 26, 2024 738 Views 0 comment Print

ICAI’s Disciplinary Committee fines CA Jagdish Prasad Mittal ₹15,000 for responding to an audit tender reserved for CAs that did not specify a minimum fee.

ICAI Fines CA for failing to report improper accounting of amalgamation reserve

June 26, 2024 306 Views 0 comment Print

ICAI’s Disciplinary Committee fines CA Bal Chandra Khaitan Rs. 5,000 for failing to report improper accounting of an amalgamation reserve. He was cleared of two other charges.

Delay in filing of e-Form PAS-3 with Registrar: MCA imposes Penalty

June 25, 2024 1059 Views 0 comment Print

Agrilife Technologies faces penalties for delayed PAS-3 filing under Companies Act, 2013. Penalty imposed on company and officers for non-compliance.

IBBI Suspends IP Registration for 3 Years Over IBC & IP Regulations Violation

June 25, 2024 852 Views 0 comment Print

Explore IBBIs disciplinary action on Pinaki Sircar, scrutinizing his conduct as IRP and RP in CD-1 and CD-2 insolvency cases. Read the full analysis and conclusions.

Non-Disclosure of Number of Board Meetings: ₹24 Lakh Penalty levied

June 25, 2024 3546 Views 0 comment Print

Explore the adjudication order under Section 134(3)(b) of the Companies Act, 2013 by MCA against M/s Lions Co-ordination Committee of India Association for non-disclosure in their Board report.

Non-Appointment of Company Secretary costed Company Rs. 63.52 Lakh Penalty

June 25, 2024 4818 Views 0 comment Print

Fruitful Buildcon Pvt. Ltd. penalized ₹48.52 lakh for non-appointment of a company secretary, violating Section 203 of the Companies Act, 2013.

123 Companies applied for striking off their names with Registrar of Telangana

June 25, 2024 558 Views 0 comment Print

Explore the LLP strike off notice issued by Telangana Registrar for 123 partnerships. Understand the process, implications, and steps to avoid dissolution.

Related Party Transactions Not Disclosed: MCA Imposes ₹24 Lakh Penalty

June 25, 2024 879 Views 0 comment Print

Read about the MCA penalty of ₹24 lakh on M/s. Lions Co-ordination Committee of India Association for violating Section 134(3)(h) of the Companies Act, 2013. Detailed analysis included.

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