AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The article clarifies the circumstances under which Forms MGT-4, MGT-5, and MGT-6 are required when there's a difference between registered and beneficial owners of shares.
ICSI has requested legal amendments to allow Company Secretaries to appear before Debt Recovery Tribunals, highlighting their expertise.
The ICSI has requested the PESB to recognize Company Secretaries as eligible for leadership positions in CPSEs, acknowledging their expertise in corporate governance.
The MSME Act mandates timely payments to Micro and Small Enterprises, failing which companies may incur penalties. This article outlines the implications of such delays on financial disclosures and tax deductions.
The buyback auction of Government securities saw ₹7,388.194 crore accepted against ₹30,000 crore notified.
ICSI has requested the government to modify legislation allowing Company Secretaries to represent parties before DRTs, citing their expertise in insolvency matters.
The Kerala High Court found that the NCLT's imposition of a ₹1 lakh daily fine for non-compliance can be contested, allowing the petitioner to appeal this part of the NCLT order.
A new article identifies 17 prevalent mistakes made by companies when filing the RBI's FLA Return, stressing the importance of understanding the associated reporting requirements to avoid regulatory issues.
The RBI Governor met with representatives from export organizations to discuss strategies for enhancing exports and strengthening industry relationships.
The Ministry of Corporate Affairs (MCA) launched a 12-month blended learning course aimed at assisting MSMEs with compliance needs. The initiative is a collaboration with prestigious institutions including ICAI and IIT Madras.
The RBI has issued a ₹1 lakh penalty on Modern Co-operative Bank for violations related to exposure norms and KYC regulations.
The RBI has imposed a penalty on Nabapalli Cooperative Bank for failing to comply with KYC regulations.
The RBI Governor met with export organization leaders to discuss industry challenges affecting exports in India.