Explore the latest reconstitution of the Goods and Services Tax Council’s Group of Ministers in 2024. Stay informed on GST System Reforms and their impact.
Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analysis and conclusions included.
Explore IBBI’s Disciplinary Order No. IBBI/DC/228/2024 dated 11 July 2024 against Reshma Mittal, detailing the CIRP process, alleged contraventions, and findings. Read more.
Read the detailed analysis of IBBI’s Disciplinary Committee order against Narender Kumar Sharma, an Insolvency Professional, regarding alleged violations during CIRP.
Despite notices, the company failed to file e-form BEN-2 per section 90(4) until proceedings began. MCA imposed a penalty of Rs. 9 Lakh on the company and its directors.
CBDT directs DGIT (Systems) to share income tax information with Telangana’s Agriculture Department as per Section 138(1)(a) of the Income-tax Act, 1961.
IBBI suspends & Penalises RP For submitting a revised resolution plan to the Adjudicating Authority (AA) without obtaining the final approval from the Committee of Creditors (CoC)
MCA imposes penalties on Best & Crompton Engineering Projects Ltd. for failing to constitute an Audit Committee from FY 2014-15 to 2019-20. Learn more here.
Explore NFRA Order No. 019/2024 detailing penalties imposed on M/s Singh Ajay & Co. and CA Priyank Mittal for audit lapses in Vikas Proppant and Granite Limited’s financial statements.
Explore NFRA Order No. 018/2024 on CA Yogesh Mahipal for audit misconduct findings and penalties under Companies Act 2013. Detailed analysis of audit failures and implications.