![Non-Disclosure of Related Party Transactions in Board Report violates S. 134(3)(h): MCA Imposes ₹4 Lakh Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/MCA-site-img-1.jpg "Non-Disclosure of Related Party Transactions in Board Report violates S. 134(3)(h): MCA Imposes ₹4 Lakh Penalty [Read Order]")
Non-Disclosure of Related Party Transactions in Board Report violates S. 134(3)(h): MCA Imposes ₹4 Lakh Penalty [Read Order]
The Ministry of Corporate Affairs ( MCA ) has imposed a monetary penalty of ₹4,00,000 on BI Minning (India) Private Limited and its directors in...
![Failure to Affix CIN in Companys Board Report Submitted through E-form 23AC and 23ACA: MCA Fines Company and Directors ₹6,000 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/MCA-MGT-3-CA-CS-CMA-taxscan.jpg-1.webp "Failure to Affix CIN in Companys Board Report Submitted through E-form 23AC and 23ACA: MCA Fines Company and Directors ₹6,000 [Read Order]")
![Priority Claim by Secured Creditors After Relinquishing Security Interest not possible During Distribution of Sale Proceeds of Secured Assets: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLT-TAXSCAN.jpg "Priority Claim by Secured Creditors After Relinquishing Security Interest not possible During Distribution of Sale Proceeds of Secured Assets: NCLT [Read Order]")
Approval of Resolution Plan Cannot be rejected solely based on Withdrawal of Consent by One of Coc Members: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) comprising Justice Yogesh Khanna (Judicial Member) and Mr. Ajai Das Mehrotra (Technical Member) has held that an application...
![Approval of Resolution Plan Cannot be rejected solely based on Withdrawal of Consent by One of Coc Members: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Resolution-Plan-NCLAT-Approval-of-Resolution-Plan-taxscan.jpg "Approval of Resolution Plan Cannot be rejected solely based on Withdrawal of Consent by One of Coc Members: NCLAT [Read Order]")
Amendment on Application u/s 7 of IBC Not Allowable If It Amounts to Withdrawal of an Admission: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Chennai Bench held that amendments to an application under section 7 of the Insolvency Bankruptcy Code( IBC), 2016 cannot be permitted if they...
![Amendment on Application u/s 7 of IBC Not Allowable If It Amounts to Withdrawal of an Admission: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT.jpg "Amendment on Application u/s 7 of IBC Not Allowable If It Amounts to Withdrawal of an Admission: NCLAT [Read Order]")
![NCLAT cannot condone Appeal Filing Delay beyond 45 Days: Supreme Court in Tata Steel Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-NCLAT-on-Appeal-Filing-Delay-limit-Supreme-Court-Tata-Steel-nclat-case-TAXSCAN.jpg "NCLAT cannot condone Appeal Filing Delay beyond 45 Days: Supreme Court in Tata Steel Case [Read Order]")
![ED‘s Action under PMLA cannot be reviewed by NCLT/NCLAT: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/05/EDs-Action-under-PMLA-PMLA-PMLA-cannot-be-reviewed-by-NCLTNCLAT-taxscan.jpg "ED‘s Action under PMLA cannot be reviewed by NCLT/NCLAT: Supreme Court [Read Judgement]")
Change in Accounting Method Mandated under Ind AS Notified by MCA not Amounts to Inconsistency: ITAT on DLF’s Case [Read Order]
In a recent ruling of the Delhi income tax appellate tribunal ( ITAT ) bench, it was ruled that the change in the accounting method which was mandated under Ind AS as notified by the Ministry of...
![Change in Accounting Method Mandated under Ind AS Notified by MCA not Amounts to Inconsistency: ITAT on DLF’s Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/DLF-Mandated-under-Ind-AS-MCA-taxscan.jpg "Change in Accounting Method Mandated under Ind AS Notified by MCA not Amounts to Inconsistency: ITAT on DLF’s Case [Read Order]")
![SEBI Amends Stock Exchange and Clearing Corporation Regulations, 2025 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/SEBI-Stock-Exchange-SEBI-Amends-Stock-Exchange-taxscan.jpg "SEBI Amends Stock Exchange and Clearing Corporation Regulations, 2025 [Read Notification]")