Reserve Bank of Indiabankingcorporate
RBI Approves Amalgamation of Two Sahakari Banks
The RBI has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective May 4, 2026.
May 20, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
N/Acorporate
ROC Penalises for Delayed Filing of MGT-14
ROC Delhi penalized a company for filing MGT-14 several years after passing resolutions, underlining compliance with filing timelines.
May 20, 2026Read more →
N/Acorporate
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.
May 20, 2026Read more →
N/Acorporate
ROC Imposes Penalty for Failing to Appoint Mandatory CFO
ROC Cuttack penalized a company and its directors for failing to appoint a whole-time CFO after exceeding the statutory capital threshold.
May 20, 2026Read more →
N/Acorporate
ROC Imposes CSR Penalty for Delay in Unspent CSR Fund Transfer
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).
May 20, 2026Read more →
N/Acorporate
ROC Kolkata Penalises Company for Missing Annual Returns
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.
May 20, 2026Read more →
N/Acorporate
Auditor Penalised for Non-Disclosure of ₹37 Crore Investments
ROC Kolkata penalized an auditor for failing to report material investments as required under Schedule III of the Companies Act.
May 20, 2026Read more →
N/Acorporate
ROC Kolkata Penalises Auditor for Not Charging Depreciation
ROC Kolkata penalized an auditor for failing to charge depreciation on building assets, violating Accounting Standard-6.
May 20, 2026Read more →
N/Acorporate
ROC Chandigarh Imposes Penalty for Failure to File Financial Statements
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.
May 20, 2026Read more →
N/Acorporate
Company & Directors Penalised for Not Passing Board Resolutions
ROC Chandigarh penalized a company and its directors for failing to approve financial statements as required under Section 179(3) of the Companies Act.
May 20, 2026Read more →
Calcutta High Courttaxcorporate
'Substance Over Form' Overrides Lack of Formal Sanction of Customs Officer: Calcutta HC Upholds Cost Recovery Charges Demand
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.
May 20, 2026Read more →
National Company Law Tribunalcorporateinsolvency
Assignment of Not Readily Realisable Assets Valid for Dissolution: NCLT
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.
May 20, 2026Read more →