The Ministry of Corporate Affairs (MCA) recently made headlines with its decision to quash the adjudication against M/s. Varsha Ganga Metal and Minerals Private Limited. The case revolved around the non-availability of a quorum, which prevented the Annual General Meeting (AGM) from being conducted. Here’s a closer look into the matter. Background of the Case […]
Learn about the penalty imposed by MCA on Shri Ram Nidhi Limited for delaying MGT-14 filing under Companies Act, 2013, Section 117. Details and consequences discussed.
Discover the penal action taken by MCA against Ujjwalbhavishya Mutual Nidhi Limited for failing to comply with Section 137 of the Companies Act, 2013. Understand the legal consequences.
Insight into MCA’s decision to reduce penalties for Vena Energy’s delayed Form INC 20A filing, based on Companies Act 2013 provisions and circumstances.
NFRA Penalizes Burnpur Cement Limited Auditors for Audit Lapses, Professional Misconduct, Issues with the Going Concern Assumption, Material Misstatements in Financial Statements, Misrepresentation of Property, Plant, and Equipment (PPE), Bypassing the pivotal step of the Engagement Quality Control Review Process, misleading NFRA and Pervasive Negligence.
Detailed analysis of MCA’s action against Shri Lal Mahal Infrastructure Pvt. Ltd. for not mentioning CIN on their board report & AGM notice. Insights on penalties and consequences.
Singh Packwell Pvt. Ltd. faces penalties for violating Sections 12(1), 12(3)(c), and 12(4) of the Companies Act, 2013 due to incorrect registered office address.
In-depth analysis of MahaRERA’s Order 46B/2023 focusing on mandatory integration of QR Codes in real estate promotions and its implications for agents and promoters.
Introduction: In a significant move towards ensuring financial transparency and accountability, the Ministry of Corporate Affairs (MCA) has recently imposed a penalty on an auditor for their failure to report dealings in specified bank notes. The penalty was issued through Order No. ROC/PAT/ Inquiry/13665/834 on August 18, 2023. This order provides valuable insights into regulatory […]
NFRA Penalized Auditors of Tanglin Developments Ltd for Lapses in Professional Judgment, Unreported Irregularities and Tampering with the Audit File
