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.
Lantiq Communications India Pvt Ltd faces penalties for CSR non-compliance under Sections 134 and 135 of the Companies Act. Penalties for directors include ₹1,00,000 each.
Water and Sanitation for Urban Poor NGO penalized for non-compliance with board meeting requirements from 2011 to 2019. Detailed adjudication order inside.
Mars Mercantiles Pvt Ltd’s penalty for violating Section 158 of the Companies Act was reduced by the Regional Director (ER) to ₹1.5 Lakhs on appeal.
The Regional Director, Eastern Region, reduces the penalty imposed on Mayflower Infra Realty Pvt. Ltd. and its Director for violating Section 161 of the Companies Act, 2013.
Company earned over 10% of turnover from a related party but failed to get shareholder approval, violating section 188. MCA imposes a penalty.
Tablespace Technologies fined ₹1,00,000 for failing to disclose director’s interests as required by Section 184 of the Companies Act.
Khed Developers’ appeal against a ₹12 lakh penalty for failing to form an Audit Committee was dismissed. Learn about the case, its implications, and the Regional Director’s ruling.
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 RD confirmed a ₹12 lakh penalty for Khed Developers Ltd. due to non-constitution of the Nomination & Remuneration Committee as required by the Companies Act.
