RBI Approves Amalgamation of Two Sahakari Banks
The RBI has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective May 4, 2026.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective May 4, 2026.
Zee Entertainment has approached the Delhi High Court seeking INR 2 crores in damages from Nykaa for the unauthorized use of copyrighted songs in social media marketing.
ROC Delhi penalized a company for filing MGT-14 several years after passing resolutions, underlining compliance with filing timelines.
ROC Delhi penalized a company and its directors for failing to appoint independent directors after crossing the ₹100 Crore turnover threshold.
ROC Cuttack penalized a company and its directors for failing to appoint a whole-time CFO after exceeding the statutory capital threshold.
ROC Kolkata penalized a company and its directors for the late transfer of unspent CSR amounts to the Swachh Bharat Kosh, reinforcing compliance with Section 135(7).
ROC Kolkata imposed penalties on a company for not filing annual returns since FY 2019-20, highlighting repercussions under Section 92 of the Companies Act.
ROC Kolkata penalized an auditor for failing to report material investments as required under Schedule III of the Companies Act.
ROC Kolkata penalized an auditor for failing to charge depreciation on building assets, violating Accounting Standard-6.
A company and its directors face penalties for not filing financial statements from FY 2017-18 to 2022-23, highlighting compliance under Section 137 of the Companies Act.
ROC Chandigarh penalized a company and its directors for failing to approve financial statements as required under Section 179(3) of the Companies Act.
The Allahabad High Court is reviewing the validity of GST Input Tax Credit restrictions imposed due to supplier defaults, potentially impacting taxpayers' rights to claim ITC.