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LinkedIn India Penalized for Companies Act Section 89 & 90 Violations

May 22, 2024 17700 Views 0 comment Print

MCA imposes penalty on LinkedIn India for violation of Sections 89 & 90 of the Companies Act. Detailed analysis of the case and penalties imposed.

MCA Penalty for PAS-3 Filing Delay and Premature Use of Subscription Money

May 22, 2024 6267 Views 0 comment Print

Learn about the penalty imposed by MCA on Curebay Technology for violating Sections 42(6) & 42(8) of the Companies Act. Detailed analysis and consequences included.

JOGPL Private Limited not guilty of SBO Rules Violation: MCA

May 22, 2024 954 Views 0 comment Print

Explore the adjudication order by Ministry of Corporate Affairs, Uttar Pradesh, clearing JOGPL Private Limited of SBO rules violation. Detailed analysis of the case and conclusion.

Section 177(2) Audit Committee Rule Non-Compliance: ₹6 Lakh Penalty levied

May 21, 2024 840 Views 0 comment Print

Penalty imposed on Dalas Biotech Limited for failing to constitute an Audit Committee as per Section 177(2) of the Companies Act, 2013.

ICAI Penalized CA for Involvement in Accommodation Entries, Fake Bills

May 21, 2024 2061 Views 0 comment Print

ICAI Board: Bansal’s objections addressed; sufficient evidence—call transcripts, forensic reports—establish his involvement in fake entries. Conduct deemed unbecoming of a CA, failing ethical standards.

MCA Imposes Rs. 5 Lakh Penalty for non-filing of DIR-12

May 21, 2024 1842 Views 0 comment Print

MCA penalizes Tritium Infrastructure Pvt Ltd Rs. 5 lakh for not filing DIR-12 for director resignation. Understand the implications and details.

ICAI penalises CA in Practice for involvement in other business without prior permission

May 20, 2024 86577 Views 1 comment Print

Explore the case of CA Rajesh Kumar Chandak before the Board of Discipline, accused of professional misconduct in corporate governance. Detailed analysis provided.

ICAI penalises practicing CA for acting as Director in Companies without prior permission

May 20, 2024 9876 Views 0 comment Print

ICAI penalises practicing CA for engaging in other business activities and for acting as Director in various body corporates without requisite permission of ICAI. Board emphasized that Chopra’s involvement in managerial functions required prior approval from the ICAI Council, which he failed to obtain.

Changing of statement on oath to Government Authorities: ICAI Penalises CA

May 20, 2024 1056 Views 0 comment Print

Explore the case of CA R. Vinod Kumar, verdict, implications, and analysis by ICAI in 2024. Understand the disciplinary action and its impact on the profession.

Misuse of professional relationships for personal gain & forgery- ICAI penalises CA

May 20, 2024 1446 Views 0 comment Print

ICAI finds CA Tehmul B. Sethna guilty of misconduct. Detailed analysis of the disciplinary action and its implications. Read the full order under Section 21A(3).

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