Calcutta HC: Award May Be Set Aside if Tribunal Rewrites Contract or Ignores Key Clauses  ||  Delhi HC Suspends Kuldeep Singh Sengar’s Life Term, Holding Section 5(C) of POCSO Not Made Out  ||  Calcutta High Court: Arbitration Clause in an Expired Lease Cannot be Invoked For a Fresh Lease  ||  Delhi High Court: 120-Day Timeline under Section 132B Of Income Tax Act is Not Mandatory  ||  NCLAT Reaffirms That Borrower's Debt Acknowledgment Also Extends Limitation Period for Guarantors  ||  NCLAT: Oppression & Mismanagement Petition Cannot Be Filed Without Company Membership on Filing Date  ||  Supreme Court Quashes Rajasthan Village Renaming, Says Government Must Follow its Own Policy  ||  NCLAT: NCLT Can Order Forensic Audit on its Own, No Separate Application Required  ||  NCLAT Reiterates That IBC Cannot be Invoked as a Recovery Tool for Contractual Disputes  ||  Delhi HC: DRI or Central Revenues Control Lab Presence in Delhi Alone Does Not Confer Jurisdiction    

Search Results for Tag : Financial reporting

News

MCA Notifies Penalty for Non-Compliance With NFRA Rules(22.06.2022)

Ministry of Corporate Affairs (MCA) has notified that the non-compliance with the National Financial Reporting Authority Rules (NFRA), 2018 would attr.....

Tags : Ministry of Corporate Affairs, National Financial Reporting Authority Rules, Penalty



NFRA: Chartered Accountant Penalized with One Lakh Rupees Fine for Professional Misconduct(24.06.2022)

National Financial Reporting Authority (NFRA) has penalized chartered accountant with a fine of one lakh rupees for professional misconduct and debarr.....

Tags : National Financial Reporting Authority, Professional Misconduct, Chartered Accountant



International Cases

Court can make an order under Section 1322(4)(a) of the Corporations Act relieving a person from civil liability provided the person concerned acted honestly(28.01.2022)

The Plaintiff, by way of originating process seeks relief under Section 1322(4)(a) of the Corporations Act, 2001 from compliance with its financial re.....

Tags : Financial reporting, Obligations, Reliefs



Court has power to extend time where statutory pre-requisites are met but power must be exercised having regard to interests of all parties affected(16.03.2020)

The Plaintiffs seek relief under Section 1322(4)(d) of the Corporations Act, 2001 from compliance with financial reporting and lodgement obligations .....

Tags : Financial reporting, Time, Extension



Court can relieve a person from civil liability provided that the person concerned acted honestly(28.01.2022)

The Plaintiff has sought the relief under Section 1322(4)(a) of the Corporations Act, 2001 from compliance with its financial reporting and lodgment o.....

Tags : Compliance with Financial reporting, Civil liability



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