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Audit misconduct at DHFL branches: NFRA imposes one-year debarment & Penalty

June 21, 2024 1971 Views 0 comment Print

Explore NFRA’s order under Companies Act 2013 on CA Krishna Bihari Chaturvedi for audit misconduct at DHFL branches in FY 2017-18. Details on penalties and findings.

IBBI dismissed RTI appeal due to vague & unclear information requests

June 21, 2024 1233 Views 0 comment Print

The IBBI dismissed Ashish Shankar RTI appeal due to vague and unclear information requests. Learn about the decision and its implications.

Copies of correspondence between IBBI & IP to complainant cannot be provided under RTI

June 21, 2024 549 Views 0 comment Print

RTI Appeal by Prashant Sheth against IBBI denied due to exemptions under RTI Act. Detailed analysis of the decision by First Appellate Authority.

IBBI Rejects RTI Appeal as request not defined exact documents or information needed

June 21, 2024 351 Views 0 comment Print

RTI Appeal by Shivam Gupta against IBBI denied due to unclear request. Learn about the detailed decision by the First Appellate Authority, IBBI.

Absence of Board Report Disclosure: MCA RD Reduces Penalty to Rs. 2 Lakh

June 20, 2024 840 Views 0 comment Print

Regional Director lowers penalty for Saptasatij Industries from ₹4L to ₹2L due to non-compliance with Section 134 of the Companies Act.

Listed Company Penalized by MCA for Non-Appointment of Women Director

June 20, 2024 1158 Views 0 comment Print

MCA imposes a penalty on Helios and Matheson Information Technology Limited for failing to appoint a woman director as required under the Companies Act, 2013.

IBBI caution IP to exercise greater caution & diligence in performing his duties

June 20, 2024 975 Views 0 comment Print

IBBI’s disciplinary order for Mr. Uday Narayan Mitra reveals insights on fees and compliance issues under the Insolvency and Bankruptcy Code, 2016

No Woman Director Appointed (Section 149 Violation): MCA Imposes ₹4 Lakh Penalty

June 20, 2024 960 Views 0 comment Print

Ministry of Corporate Affairs, penalised Pentagon Global Solutions Limited ₹4 Lakh for non-compliance with Section 149 of Companies Act, 2013.

Failure to appoint Independent Directors: MCA imposes penalty of Rs. 5.87 Lakh

June 19, 2024 2427 Views 0 comment Print

Read about the MCA penalty on Shareway Securities Limited for failing to appoint independent directors under Companies Act, 2013. Detailed analysis and implications.

IBBI suspends IP for one year for misconduct and lack of compliance with Code

June 18, 2024 1761 Views 0 comment Print

Detailed analysis of the Insolvency and Bankruptcy Board of India Disciplinary Committee’s order on Mr. C Ramasubramainam, an Insolvency Professional, for alleged contraventions.

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