MCA imposes Rs. 8 lakh penalty on Company & Directors for Delay in Filing e-Form BEN-2
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty of Rs. 8 lakhs was imposed...
![S.10A of IBC Doesnt Bar CIRP Applications Where Default Continues Beyond Moratorium Period: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/IBC-IBC-Doesnt-Bar-CIRP-Applications-CIRP-Applications-CIRP-Default-Continues-Beyond-Moratorium-Period-Madras-HC-taxscan.jpg "S.10A of IBC Doesnt Bar CIRP Applications Where Default Continues Beyond Moratorium Period: Madras HC [Read Order]")
![No Bar to Creditors in Enforcing Personal Guarantees signed on behalf by trust: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Legal-enforcement-of-personal-guarantee-taxscan.jpg "No Bar to Creditors in Enforcing Personal Guarantees signed on behalf by trust: NCLAT [Read Order]")
![Failure to Constitute Audit & Remuneration Committee Despite Loan Breach: MCA Imposes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/MCA-Audit-MCA-Imposes-Penalty-MCA-Fines-for-Audit-Committee-Failure-TAXSCAN.jpg "Failure to Constitute Audit & Remuneration Committee Despite Loan Breach: MCA Imposes Penalty [Read Order]")
Non-Filing of Annual Returns for 2 Consecutive Years: MCA imposes Penalty on Company & Directors [Read Order]
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty was imposed on a private limited company and its directors for non-filing of...
![Non-Filing of Annual Returns for 2 Consecutive Years: MCA imposes Penalty on Company & Directors [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/MCA-Penalty-MCA-imposes-Penalty-taxscan.jpg "Non-Filing of Annual Returns for 2 Consecutive Years: MCA imposes Penalty on Company & Directors [Read Order]")
![Non-filing of MGT 14 for 3 Financial years: MCA imposes penalty on Company and 3 Directors [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/MGT-14-Non-filing-Penalty-Non-filing-MCA-impose-MCA-imposes-penalty-Ministry-of-Corporate-Affairs-penalty-taxscan.jpg "Non-filing of MGT 14 for 3 Financial years: MCA imposes penalty on Company and 3 Directors [Read Order]")
Liquidation of Corporate Debtor cannot be Faulted when Revival is not a Viable Option: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) in New Delhi has ruled that the CoC's decision to liquidate the corporate debtor cannot be criticized once it becomes evident that revival is not a...
![Liquidation of Corporate Debtor cannot be Faulted when Revival is not a Viable Option: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Liquidation-of-Corporate-Debtor-Corporate-Debtor-Faulted-Viable-Option-NCLAT-Liquidation-taxscan.jpg "Liquidation of Corporate Debtor cannot be Faulted when Revival is not a Viable Option: NCLAT [Read Order]")
Distribution of Liquidation Proceeds to Secured Creditors Must Be Based on Admitted Claims under IBC S. 53: NCLAT [Read Order]
According to a ruling by the National Company Law Appellate Tribunal ( NCLAT ) in New Delhi, liquidation profits cannot be allocated based on the security interests of various secured creditors;...
![Distribution of Liquidation Proceeds to Secured Creditors Must Be Based on Admitted Claims under IBC S. 53: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Proceedings-under-IBC-Delhi-HC-Insolvency-and-Bankruptcy-Code-taxscan.jpg "Distribution of Liquidation Proceeds to Secured Creditors Must Be Based on Admitted Claims under IBC S. 53: NCLAT [Read Order]")
1068 Resolution Plans Approved under IB Code Resulted in Creditors Realising ₹3.6 lakh Crore: Economic Survey Report 2024 - 2025
The Economic Survey 2024-25 was tabled in the Parliament today (January 31, 2025) after President Droupadi Murmu’s address commencing the Budget Session. The report revealed that till September...
Company Fails to Obtain Shareholders' Approval for Major Related Party Transactions: MCA imposes penalty
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty of Rs. 10 lakhs was imposed on a private limited company and its directors...
Company & Directors Face Penalty from MCA for Non-Compliance with DIN Disclosure in Financial Statements [Read Order]
In the recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ) Registrar of Companies, a penalty totaling 18 lakhs for 3 consecutive financial years was imposed on a company...
![Company & Directors Face Penalty from MCA for Non-Compliance with DIN Disclosure in Financial Statements [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Company-Directors-Company-Directors-Face-Penalty-Penalty-MCA-MCA-for-Non-Compliance-DIN-DIN-Disclosure-Financial-Statements-taxscan.jpg "Company & Directors Face Penalty from MCA for Non-Compliance with DIN Disclosure in Financial Statements [Read Order]")