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MCA Imposes ₹1.16 Lakh Penalty for Delayed PAS-3 Filing

September 25, 2025 1215 Views 0 comment Print

ROC Delhi fined Game Changers Texfab Limited and its directors ₹1,16,000 for a 56-day delay in filing the Return of Allotment (PAS-3). Subsidiary status denied reduced penalty.

MCA imposes Penalty for Delay in Filing Board Resolution in e-form MGT-14

September 25, 2025 1797 Views 0 comment Print

ROC Ahmedabad issues an adjudication order and ₹1,26,000 penalty on Narayan Organics Pvt Ltd and its directors for a 215-day delay in filing a Board Resolution (MGT-14) under the Companies Act, 2013.

CBIC Extends Valuation Order for Imported Linear Alkyl Benzene

September 25, 2025 402 Views 0 comment Print

Customs CAVR Review Order 01/2025 extends the valuation rules for Linear Alkyl Benzene (HS 38170011) for one year, effective until September 25, 2026.

IBBI Upholds CPIO: RTI Cannot Seek Professional Advice

September 25, 2025 423 Views 0 comment Print

IBBI’s First Appellate Authority dismissed an appeal seeking professional advice on Resolution Professional/AR roles in a Section 12A IBC proposal under the RTI Act.

RTI Appeal on Complaint Status Against Insolvency Professional Closed by IBBI

September 25, 2025 534 Views 0 comment Print

IBBI disposes of RTI appeal by Manisha Mehta on complaint against resolution professional, confirming closure and prior communication to complainant.

ROC imposes Penalty for Late Filing of PAS-3 and Stamp Duty Default

September 24, 2025 1458 Views 0 comment Print

Gujarat Kidney and Super Speciality Limited penalized ₹12,80,000 by ROC Ahmedabad for a 256-day delay in filing the revised Return of Allotment (PAS-3) and related stamp duty issues.

GSTAT Issues Staggered Filing Schedule for Appeals

September 24, 2025 5538 Views 0 comment Print

GSTAT directs e-filing of GST appeals via NIC portal with staggered deadlines up to June 30, 2026, to manage portal load and ensure smooth case processing.

IBBI Suspends RP Over Delays in CIRP and Liquidation

September 23, 2025 732 Views 0 comment Print

IBBI suspends IP Shivkumar Baser for one year over lapses in CIRP and delay in liquidation filing during Ila Metals Pvt Ltd case.

MCA imposes Penalty for record date and allotment errors in a rights issue

September 23, 2025 1932 Views 0 comment Print

ROC Ahmedabad adjudicated penalties on a company and its directors for minor record date and allotment errors in a rights issue. The ruling highlights that voluntary correction and good corporate governance can mitigate penalties.

IRDAI Cautions Shriram Life Over Regulatory Lapses

September 22, 2025 1314 Views 0 comment Print

IRDAI has issued a warning to Shriram Life Insurance for violations related to policyholder protection, free-look cancellations, and corporate governance norms.

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