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ROC Penalizes Company for Failing to Convert Debentures into Preference Shares on Time

August 28, 2025 729 Views 0 comment Print

The ROC Cuttack has issued an adjudication order against Z Estates Private Limited for failing to convert debentures into preference shares by the due date, leading to a penalty.

ROC Fines Company for Paying Directors Remuneration Without Govt Approval Amid Loan Default

August 28, 2025 639 Views 0 comment Print

ROC Cuttack imposes penalties on Hari Machines Ltd. and its directors for paying managerial remuneration without government approval while the company was in loan default.

RTI Appeal on GVR Infra Resolution Plan Rejected by IBBI

August 26, 2025 438 Views 0 comment Print

The IBBI dismisses an RTI appeal, upholding the denial of a resolution plan for GVR Infra Projects Ltd. citing commercial confidentiality.

Failure to Maintain Minimum Number of Directors – ROC imposes Penalty

August 25, 2025 1470 Views 0 comment Print

The Registrar of Companies (ROC) has fined Check Point Software Technologies India Pvt. Ltd. and a director for failing to maintain the minimum number of directors.

Taxation Laws (Amendment) Act, 2025

August 21, 2025 1338 Views 0 comment Print

Summary of the Taxation Laws (Amendment) Act, 2025, covering new tax exemptions for pension funds and foreign investors, and changes to tax assessment rules.

IBBI suspended RP for filing liquidation without compliance under CIRP Regulations

August 20, 2025 909 Views 0 comment Print

IBBI suspended RP Chandra Prakash Jain for six months for filing liquidation without compliance under CIRP Regulations 39B and 39C.

Late Filing of Half-Yearly Form PAS-6 – ROC imposes Penalty

August 20, 2025 1581 Views 0 comment Print

The ROC has imposed penalties on Oriental Matchem Ltd. and its directors for violating the Companies Act by failing to file the half-yearly Form PAS-6 in time.

Promotion and Regulation of Online Gaming Bill, 2025 As introduced in Lok Sabha

August 19, 2025 705 Views 0 comment Print

The 2025 bill aims to promote e-sports and social gaming while prohibiting online money games due to their social and financial risks. It establishes a new regulatory authority.

IBBI Dismisses RTI Appeals Citing Abuse of Process in SCN-Related Queries

August 18, 2025 336 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) has rejected three RTI appeals, ruling that the applicant’s requests for internal records were a misuse of the Act to harass the authority.

RTI Cannot Be Used for Explanations – IBBI Rejects Appeal on SCN Records

August 18, 2025 516 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) dismisses an RTI appeal, stating the request for internal records is an abuse of the RTI Act.

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