Sunfast TVS Ltd. and its directors fined Rs. 11 lakhs for delayed filing of Form MGT-6 under Section 89(6) of the Companies Act, 2013
Learn about penalties imposed by MCA on Sector 113 Gatevida Developers Private Limited for failing to appoint an internal auditor. Analysis, implications, and order details included.
Stay updated with IBBI’s latest directive for Insolvency Professionals (IPs) to upload judicial orders related to insolvency proceedings on their dashboard. Learn more.
CA Solanki failed to work in line with the requirements of the assignment and deliberately adopted a different methodology, causing loss to the complainant. Consequently, the Committee determined that Solanki’s actions constituted professional and other misconduct.
Delve into the disciplinary action against CA Sushil Suresh Bajaj by the Institute of Chartered Accountants of India. Analysis, verdict, and implications discussed.
Subam Benefit Fund Nidhi Ltd fined ₹3.5 lakh for failing to maintain member registers as per Section 88 of the Companies Act, 2013.
Subam Benefit Fund Nidhi Ltd faces penalties for non-compliance with Section 117 of the Companies Act, 2013, for FYs 2017-18 and 2018-19.
Committee concluded that there were indeed non-compliances in the financial statements audited by Pachkhede, relating to various accounting standards and reporting requirements. These errors were considered to constitute professional misconduct as per the Committee’s Findings dated February 7, 2024.
Disciplinary Committee found CA. Keshav Vishwanath Chaubey guilty of professional misconduct for various deficiencies in his audit work. Despite the respondent’s personal difficulties, the Committee determined that his actions constituted a breach of professional standards and warranted disciplinary action.
The case centers on Pednekar’s signing of financial statements on a back date, which is deemed as negligent conduct and a breach of professional standards.
