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Failure to Maintain Minimum Number of Directors – ROC imposes Penalty

August 25, 2025 1947 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 1485 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 1038 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 1743 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 735 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 372 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 555 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.

RTI Cannot Be Misused – IBBI Dismisses Repeated Appeals on Parenteral Drugs Matter

August 18, 2025 549 Views 0 comment Print

IBBI dismissed multiple RTI appeals challenging denial of a show cause notice copy. IBBI clarified no such notice existed and cited Supreme Court’s view that RTI should not be used for frivolous litigation.

RTI Appeals Dismissed: IBBI Says Requests Sought Explanations, Not Information

August 14, 2025 504 Views 0 comment Print

A First Appellate Authority order from the Insolvency and Bankruptcy Board of India addresses two RTI appeals. The order discusses the definition of ‘information’ under the RTI Act and highlights the misuse of the RTI mechanism.

Maharashtra GST Arrears Settlement Forms Specified

August 13, 2025 951 Views 0 comment Print

Maharashtra State Tax Commissioner issues forms for settlement of GST arrears under 2025 Act; physical submission required for periods up to June 2017.

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