AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
ROC Chennai penalized a company and its director for failing to include PAN and email IDs of allottees in Form PAS-3. This ruling underscores the stringent compliance requirements mandated by Rule 14(6) of the Companies Act.
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.
The RBI plans to hold a Variable Rate Repo auction, amounting to ₹75,000 Crore, to manage liquidity on June 29, 2026.
Various State Governments have announced an auction to raise ₹13,600 Crore through state securities. Andhra Pradesh leads with a ₹1,000 Crore offering for 13 years.
The Institute of Chartered Accountants of India will declare the results for the CA Foundation May 2026 exam on July 3, providing critical information for aspiring chartered accountants. The Foundation exam is the gateway to further CA studies.
The Institute of Chartered Accountants of India (ICAI) is set to announce the results for the CA Foundation examination held in May 2026 on July 3, 2026. This examination is crucial for aspiring chartered accountants.