ROC Imposes Penalty for Not Appointing Independent Directors
ROC Delhi penalized a company and its directors for failing to appoint independent directors after crossing the ₹100 Crore turnover threshold.
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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.

The Calcutta High Court has reinforced that a Container Freight Station (CFS) operator cannot avoid liability for Customs charges based on the absence of formal sanction for the officer's position. The ruling emphasizes the importance of the substance of transactions over formal procedural aspects.

The NCLT Principal Bench ruled that the assignment of avoidance proceedings and residual assets during liquidation permits dissolution when no further assets remain for distribution.

The Madras High Court ruled that satire should not be treated as sedition by staying a notice against VHP's social media posts.

The Supreme Court established two additional election tribunals to address disputes from ongoing State Bar Council elections, enhancing the resolution mechanisms available for legal practitioners.