The authority held that accepting a plan from a non-listed applicant violated Regulation 39. The breach led to disciplinary action and suspension for three years
The appellate authority held that RTI applications cannot seek interpretations or clarifications on legal issues like treatment of flats in CIRP. Only existing records held by authorities can be disclosed under the RTI Act.
The issue concerns delayed response to an RTI application beyond the prescribed period. It was held that authorities must adhere to timelines and ensure timely disposal of information requests.
IRDAI constituted a Joint Expert Group to tackle transition and implementation issues under Ind AS. The group will guide insurers on compliance, audit requirements, and financial reporting clarity.
The ROC imposed penalties for non-compliance with mandatory woman director requirements. The ruling highlights strict enforcement of Section 149(1) based on turnover criteria.
A prolonged violation of Independent Director requirements led to penalties on both the company and its officer. The ruling underscores consequences of continuous default under corporate law.
The issue involved non-compliance with Section 150(1) due to improper appointment of an independent director. The authority held the company and officer liable, emphasizing mandatory selection from the IICA databank.
The ROC imposed penalties for appointing an Independent Director not listed in the IICA databank. The ruling highlights strict compliance with eligibility requirements under Section 150(1).
The ROC penalized the company for not appointing an Independent Director from the IICA databank. The ruling highlights strict compliance requirements under Section 150(1) of the Companies Act.
The authority penalized the company for delayed filing of MGT-6 beyond the prescribed timeline. It held that even a short delay constitutes a violation under Section 89(7).
