Maharashtra Real Estate Regulatory Authority (MahaRERA) issues a directive for verification of Commencement Certificates/Occupation Certificates submitted by promoters. Read the latest update and its implications.
Stay informed about The Welding Rods and Electrodes Quality Control Order 2023 issued by the Department for Promotion of Industry and Internal Trade. Learn about the compulsory use of standard marks and the certification authority. Ensure compliance with the Indian Standards for welding rods and electrodes.
In a recent decision, the Securities and Exchange Board of India (SEBI) found Alchemist Holdings Limited and its directors to be in non-compliance with public issue norms, thus initiating proceedings against certain non-executive directors. However, the order clarified that a non-executive director could not be deemed as an ‘officer who is in default’ if the company […]
Read about the Insulated Flask, Bottles, and Containers (Quality Control) Order, 2023 issued by the Ministry of Commerce and Industry. The order mandates the compulsory use of standard marks for specified goods, with exemptions for certain enterprises. The Bureau of Indian Standards is designated as the certifying and enforcing authority.
Read about the Resin Treated Compressed Wood Laminates (Quality Control) Order, 2023 issued by the Ministry of Commerce and Industry. The order mandates the compulsory use of standard marks for specific goods and articles and designates the Bureau of Indian Standards as the certifying and enforcing authority.
Reviewing the disciplinary order by IBBI, which led to the cancellation of registration of Mr. Ananda Rao Korada, an Insolvency Professional, for his violations of the Insolvency and Bankruptcy Code, 2016.
MCA penalizes M/s Takraf India Pvt. Ltd. and its directors with Rs. 36.25 Lakh for not transferring Rs. 14.50 Lakh of unspent CSR as required by Section 135(6) of Companies Act, 2013.
Learn about the MCA’s penalty on Thiyagarajan Parthasarathy for acquiring two DINs, a violation of Section 155 of the Companies Act, 2013.
SMP Constructions, penalized by MCA for failing to attach Cash Flow Statement with AOC-4 form. Discover impact, legal provisions and key insights.
ead the Order by the Insolvency and Bankruptcy Board of India (Disciplinary Committee) cautioning an Insolvency Professional regarding liquidation value discrepancies and the need to be careful in representing matters before AA and NCLAT. Disciplinary Committee concludes that if there were factual discrepancies affecting the distribution of the resolution plan, Mr. Pramod Kumar Sharma should have filed an application before the Hon’ble NCLAT for rectification. The Committee advises Mr. Sharma to exercise caution when representing matters before AA and Hon’ble NCLAT.