Rosmerta Autotech Ltd. and its directors were penalized for maintaining board minutes without serial numbers for FY 2015-16. ROC emphasized compliance with Section 118(11) and Secretarial Standards SS-1 & SS-2.
Registrar of Companies, Delhi, imposed penalties on a company and its directors for not maintaining serially numbered board meeting minutes for FY 2014–15, reaffirming that even clerical lapses can attract fines under Section 118(11).
ROC Mumbai levied a ₹25,000 penalty for failure to attach proof of identity and address of a newly appointed director in Form DIR-12, violating Section 152(5) read with Rule 8. The lapse was treated as an inadvertent but punishable compliance error.
Registrar of Companies, Mumbai, penalized a private company and its two directors ₹5,000 each for inaccurately stating the number of board meetings in the FY 2020–21 annual return, violating Section 92(1)(f) read with Section 450 of the Companies Act, 2013.
Kerala High Court dismisses RTI appeal by Dhananjay Gaikwad; IBBI provided all information under its control, no new data required under RTI Act.
IBBI’s First Appellate Authority dismissed Mohit R. Mehta’s RTI appeal, affirming the CPIO’s decision that queries on RV/RVE compliance timelines and guidelines constitute clarification or advice, falling outside the RTI Act’s definition of information.
ROC Delhi imposed penalties for failing to consecutively number minutes books of board and general meetings for FY 2014–15 to 2016–17, violating Section 118(11) of the Companies Act. The order underscores that accurate and sequential recordkeeping is a legal mandate.
IBBI suspended a registered valuer for six months after finding inconsistent reasons for excluding an asset from a liquidation valuation report, citing a lack of professional judgment.
Authority referred the case of Mr. Chandran R for further investigation after observing improper exclusion of Rayagada land from valuation reports and issuance of a misleading letter stating assets’ value as zero.
The government has kept interest rates on PPF, NSC, SCSS, Sukanya Samriddhi, and other small savings schemes unchanged for Q3 FY 2025–26. Investors will continue to earn the same returns as the previous quarter.
