DIR-3 KYC: What Changed from 31 March 2026?
The 2025 amendment updates the requirement for DIR-3 KYC compliance from annual filings to a triennial format, prompting critical changes in compliance for directors.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The 2025 amendment updates the requirement for DIR-3 KYC compliance from annual filings to a triennial format, prompting critical changes in compliance for directors.
The ruling clarifies that accumulated losses do not preclude a company from issuing bonus shares from its Securities Premium Account, provided Section 63 conditions are met and there are no financial defaults.
The DGFT has operationalized the Certificate of Origin framework under the India-Oman CEPA by designating authorized agencies and updating procedural guidelines.
The RBI announced that the redemption for the SGB 2021-22 Series-III is allowable on June 08, 2026. The redemption price will be determined based on the average closing prices of gold.
SEBI issued a draft proposing limited relaxations on third-party payments in mutual funds, including compliance safeguards to enhance operational flexibility.
SEBI clarified that it does not consider cousins as ‘relatives’ under the Companies Act and LODR Regulations, allowing cousins of promoter-group members to serve as Independent Directors.
The National Company Law Tribunal has approved a merger of Limited Liability Partnerships (LLPs), emphasizing operational efficiency and financial flexibility for the involved entities.
Section 12(3) of the Companies Act mandates required disclosures on company letterheads, with penalties for non-compliance.
The article discusses the requirements for digitally signing board minutes according to the Companies Act and relevant Secretarial Standards.
The newly issued SOP confirms that resolutions passed by circulation have equivalent legal standing as those passed in formal meetings, facilitating urgent decision-making.
The ICAI has recommended that audit fees be received through banking channels or digital modes, encouraging accountability in transactions.
The ICAI has opened doors for chartered accountant firms to participate in the PM Internship Scheme, expected to enhance the global competitiveness of the profession.