Search Results for Tag : Non-compliance

Top Story

Ministry of Corporate Affairs notifies penalty for non-compliance with NFRA Rules(17.06.2022)

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

Tags : Penalty, Non-compliance, NFRA Rules

International Cases

No jurisdictional error, when mining warden gave proper consideration regarding non-compliance with the applicable expenditure(16.12.2020)

The applicant has applied for judicial review of a recommendation made by the mining warden that, certain mining leases held by it be forfeited. The w.....

Tags : Judicial review, Non-compliance, Forfeiture

Onus rests on the taxpayer to establish, on a balance of probabilities, that it has fully met the requirements of the provision(07.12.2021)

The primary issue before the SCA was whether the Commissioner for South African Revenue Services (SARS) was correct in rejecting Purveyors’ voluntary .....

Tags : Voluntary disclosure, Non-compliance, Provision

Judgments

In absence of complete cause of action for declaring election of returned candidate to be void, election petition is to be summarily dismissed without trial(11.02.2020)

Present election petition filed under Section 80 read with Section 100(1) of the Representation of the People Act, 1951 challenges the election of the.....

Tags : Non-compliance, Provisions, Cause of action, Absence

Non-compliance of the mandatory requirement of drawing up a preliminary order vitiates the entire proceedings(01.08.2022)

The Petitioner is challenging the conditional order passed by the Sub-Divisional Magistrate ('SDM'), in term of Section 133 of the Code of Criminal Pr.....

Tags : SCN, Non-compliance, Mandatory requirement

Deposit of 25% of the amount by the auction purchaser is mandatory and full amount of the purchase money must be paid within fifteen days from the date of the sale(10.02.2023)

The original Respondent No. 1 - objector before the Executing Court has preferred the present appeal, feeling aggrieved with the impugned judgment pas.....

Tags : Sale, Non-compliance, Mandatory provisions

In a contempt proceeding before a contemnor is held guilty and punished, Court has to record a finding, that disobedience was wilful and intentional(19.01.2021)

The present contempt petition arises out of an unfortunate family dispute between a father on one hand and his two sons from his first wife on the oth.....

Tags : Court Order, Disobedience, Non-compliance

News

J&K HC Initiates Suo Moto Contempt Against Govt. Departments for Non-Compliance of Interim Orders(04.08.2020)

Jammu & Kashmir High Court has initiated suo moto contempt proceedings against Department of Health and Medical Education and the Jammu & Kashmir Publ.....

Tags : Jammu and Kashmir High Court, Non-Compliance of Interim Orders

CBIC Waives Penalty for Non-Compliance to QR Code Provisions(01.12.2020)

Central Board of Indirect Taxes and Customs (CBIC) notified the waiver of penalty for noncompliance to QR code provisions if complied by April 01, 202.....

Tags : Central Board of Indirect Txes and Customs, Penalty for Non-Compliance to QR Code Provisions

CBIC Waives Penalty for Non-Compliance to QR Code Provisions(01.12.2020)

Central Board of Indirect Taxes and Customs (CBIC) notified the waiver of penalty for noncompliance to QR code provisions if complied by April 01, 202.....

Tags : Central Board of Indirect Txes and Customs, Penalty for Non-Compliance to QR Code Provisions

Kerala HC: Court Can Strike Off Defence for Willful Non-Compliance of Order for Interim Maintenance(21.06.2022)

Kerala High Court has held that Court can strike off the defence of the defaulter if they willfully refuse to comply with its order directing payment .....

Tags : Kerala High Court, Willful Non-Compliance, Interim Maintenance

SC: Disobedience of Court Order Should be Wilful and Intentional to Constitute Non-Compliance(22.01.2021)

Supreme Court has observed that before punishing a person for non-compliance of the decision of the Court, the Court must not only be satisfied about .....

Tags : Supreme Court, Non-compliance

Kerala HC: Mistake by Court Staff Not Sufficient Ground to Non-Suit Party(04.10.2022)

Kerala High Court has held that non-compliance of the Kerala Criminal Rules of Practice by the court staff would not be sufficient ground to non-suit .....

Tags : Kerala High Court, Kerala Criminal Rules, Non-Compliance

SC Issues Notice on Plea Against Non-Compliance of NGT Directions(16.10.2020)

Supreme Court has admitted an appeal against a National Green Tribunal order, disposing the execution Petition filed for implementation of measures to.....

Tags : Supreme Court, Non-Compliance of NGT Directions

Del. HC to Centre: Take Action Against Five International DNRs For Non-Compliance of Judicial Orders(11.11.2022)

Delhi High Court has directed Centre to take action against five Domain Name Registrars for non-compliance of judicial orders, and also consider if th.....

Tags : Delhi High Court, DNRs, Non-Compliance

Bombay HC: Non-Compliance of Section 42 of NDPS Act Vitiates Trial(04.01.2021)

Bombay High Court has upheld the acquittal order of the Special Judge for Narcotic Drugs and Psychotropic Substances Act, 1985, (NDPS Act) Pandharpur,.....

Tags : Bombay High Court, Non-Compliance of Section 42 NDPS Act

Uttarakhand HC: Non-Compliance of Section 50 NDPS Act is Sufficient for Acquittal(13.04.2023)

Uttarakhand High Court while observing that non-complaince with Section 50 of NDPS Act makes sufficient case for acquittal, has acquitting a person w.....

Tags : Uttarakhand High Court, Non-Compliance, NDPS, Acquittal

CBIC Notifies Waiver of Amount of Penalty for Non-Compliance to GST Invoice QR Code Provisions(01.07.2021)

Central Board of Indirect Taxes and Customs (CBIC) has notified the waiver of the amount of penalty for non-compliance to Goods and Service Tax (GST) .....

Tags : Central Board of Indirect Taxes and Customs, Non-Compliance to GST Invoice QR Code Provisions

Delhi HC Refuses Protection to Twitter for Non-Compliance with IT Rules(06.07.2021)

Delhi High Court has refused to give Twitter Inc any protection from consequences of non-compliance with the Information Technology (Intermediary Guid.....

Tags : Delhi High Court, Non-Compliance with IT Rules

RBI Penalizes Fourteen Banks for Non-Compliance with Provisions on Lending to Non-bank Lenders(08.07.2021)

Reserve Bank of India has penalised fourteen banks including State Bank of India, Bank of Baroda, IndusInd Bank and Bandhan Bank for non-compliance wi.....

Tags : Reserve Bank of India, Non-Compliance with Provisions on Lending to Non-bank Lenders

DGFT Issues Notice on Non-Compliance and Misclassification of Imported Goods(20.01.2020)

Directorate General of Foreign Trade (DGFT) has issued the notice stating that Non-Compliance and Misclassification of Imported Goods under ‘Others’ C.....

Tags : Directorate General of Foreign Trade, Non-Compliance and Misclassification of Imported Goods

Delhi HC Refuses to Entertain PIL Against Alleged Non-Compliance of S. 173 CrPC(20.01.2022)

Delhi High Court has refused to entertain a Public Interest Litigation against alleged non-compliance of Section 173 of Code of Criminal Procedure, 19.....

Tags : Delhi High Court, Non-Compliance of S. 173 CrPC

Notifications & Circulars

RBI imposes monetary penalty on Hewlett-Packard Financial Services (India) Private Ltd(03.08.2021)

The Reserve Bank of India (RBI) has, by an order dated August 03, 2021, imposed a monetary penalty of Rs. 6 lakh (Rupees Six Lakh only) on Hewlett-Pac.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on Union Bank of India(29.11.2021)

The Reserve Bank of India (RBI) has, by an order dated November 25, 2021, imposed a monetary penalty of Rs. 1 Crore (Rupees One Crore only) on Union B.....

Tags : Non-compliance, Monetary penalty, Imposition

Reserve Bank of India imposes monetary penalty on Gayatri Co-operative Urban Bank Ltd.(10.01.2022)

The Reserve Bank of India (RBI) has imposed, by an order dated January 4, 2022, a monetary penalty of Rs. 1.00 lakh (Rupees one lakh only) on Gayatri .....

Tags : Non-compliance, Penalty, Imposition

Non-compliance with provisions related to continuous disclosures(29.12.2021)

1. SEBI vide circular no. SEBI/HO/DDHS/DDHS/CIR/P/2020/231 dated November 13, 2020 prescribed a uniform structure for levying fines and taking action .....

Tags : Non-compliance, Provisions, Continuous disclosures

RBI imposes monetary penalty on G.S. Mahanagar Co-operative Bank Limited, Mumbai(12.09.2022)

The Reserve Bank of India (RBI) has, by an order dated September 08, 2022, imposed a monetary penalty of ₹ 25.00 lakh (Rupees Twenty-five lakh only) o.....

Tags : Non-compliance, Penalty, Imposition

RBI cancels the licence of The Laxmi Co-operative Bank Limited, Solapur, Maharashtra(22.09.2022)

Today, the Reserve Bank of India (RBI), vide order dated September 14, 2022, has cancelled the licence of "The Laxmi Co-operative Bank Limited, Solapu.....

Tags : Licence, Cancellation, Non-compliance

RBI imposes monetary penalty on LIC Housing Finance Limited, Mumbai(31.10.2022)

The Reserve Bank of India (RBI) has, by an order dated October 21, 2022, imposed a monetary penalty of Rs. 5.00 lakh (Rupees Five lakh only) on LIC Ho.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on Jila Sahakari Kendriya Bank Maryadit, Bilaspur, Chattisgarh(12.12.2022)

The Reserve Bank of India (RBl) has imposed, by an order dated December 06, 2022, a monetary penalty of Rs 50,000/- (Rupees Fifty Thousand only) on Ji.....

Tags : Non-compliance, Penalty, Imposition

Reserve Bank of India imposes Monetary Penalty on Mynd Solutions Private Limited(29.12.2022)

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 13,90,000 (Rupees Thirteen Lakh and Ninety Thousand only) on Mynd Solutions Priva.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on IGH Holdings Private Limited, Mumbai(17.03.2023)

The Reserve Bank of India (RBI) has, by an order dated March 15, 2023, imposed a monetary penalty of Rs 11.25 lakh (Rupees Eleven lakh twenty five tho.....

Tags : Non-compliance, Monetary penalty, Imposition

RBI imposes monetary penalty on The Urban Co-operative Bank Ltd., Rourkela (Odisha)(19.06.2023)

The Reserve Bank of India (RBI) has imposed, by an order dated June 09, 2023, a monetary penalty of ₹ 6.00 lakh (Rupees Six lakh only) on The Urban Co.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on The Waghodia Urban Co-operative Bank Ltd., Dist. Vadodara, Gujarat(14.09.2023)

The Reserve Bank of India (RBI) has imposed, by an Order dated August 22, 2023, a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on The Wagho.....

Tags : Penalty, Imposition, Non-compliance

Non-compliance with certain provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018(23.11.2021)

1. SEBI issued a Circular bearing reference number SEBI/HO/CFD/DIL2/CIR/P/2019/94 dated August 19, 2019, specifying the fines to be imposed by the Sto.....

Tags : Non-compliance, Certain provisions, SEBI

RBI imposes monetary penalty on Shree Bharat Co-operative Bank Limited, Vadodara, Gujarat(04.01.2024)

The Reserve Bank of India (RBI) has, by an order dated December 13, 2023, imposed a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on Shree Bh.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on The Sahayadri Sahakari Bank Limited, Mumbai, Maharashtra(09.10.2023)

The Reserve Bank of India (RBI) has imposed, by an order dated September 15, 2023, a monetary penalty of ₹ 6.00 lakh (Rupees Six lakh only) on The Sah.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on The Mandal Nagarik Sahakari Bank Ltd., Mandal, Dist. Ahmedabad, Gujarat(30.11.2023)

The Reserve Bank of India (RBI) has, by an order dated November 03, 2023, imposed a monetary penalty of ₹ 1.50 Lakh (Rupees One lakh fifty thousand on.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on Zoroastrian Co-operative Bank Ltd., Mumbai(08.02.2024)

The Reserve Bank of India (RBI) has, by an order dated February 6, 2024, imposed a monetary penalty of ₹ 43.30 lakh (Rupees Forty-Three Lakh and Thirt.....

Tags : Penalty, Imposition, Non-Compliance

RBI imposes monetary penalty on The Prathamik Shikshak Sahakari Bank Limited, Satara, Maharashtra(07.12.2023)

The Reserve Bank of India (RBI) has, by an order dated November 21, 2023 imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on The Pratha.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on Indapur Urban Co-operative Bank Limited, Pune, Maharashtra(14.12.2023)

The Reserve Bank of India (RBI) has, by an order dated November 17, 2023, imposed a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on Indapur .....

Tags : Penalty, Imposition, Non-compliance

Reserve Bank of India imposes monetary penalty on Saraswat Co-operative Bank Ltd.(28.05.2020)

The Reserve Bank of India (RBI) has imposed, by an order dated February 20, 2020, a monetary penalty of Rs.30 lakh (Rupees Thirty lakh only) on Sarasw.....

Tags : Penalty, Imposition, Non-compliance

Withdrawal of Immunity granted to a person from prosecution, penalty and fine(21.09.2016)

As per sub-section 2 of Section 32K of the Central Excise Act, 1944 also made applicable to Service Tax matters by virtue of Section 83 of the Finance.....

Tags : Non-Compliance, Immunity, Prosecution

RBI imposes monetary penalty on The Akola Urban Co-operative Bank Ltd., Akola, Maharashtra(17.08.2022)

The Reserve Bank of India (RBI) has, by an order dated August 10, 2022, imposed a monetary penalty of Rs. 15.00 lakh (Rupees Fifteen lakh only) on The.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on Bharat Heavy Electricals Employees' Co-operative Bank Limited, Kailasapuram, Tiruchirappalli, Tamil Nadu(29.08.2022)

The Reserve Bank of India (RBI) has imposed, by an order dated August 22, 2022, a monetary penalty of Rs. 10.00 lakh (Rupees Ten lakh only) on Bharat .....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on Warud Urban Co-operative Bank Ltd., Warud (Maharashtra)(08.08.2022)

The Reserve Bank of India (RBl) has imposed, by an order dated August 05, 2022, a monetary penalty of Rs. 1.00 lakh (Rupees One lakh only) on Warud Ur.....

Tags : Penalty, Imposition, Non-compliance

Imposition of monetary penalty on Parwanoo Urban Co-operative Bank Limited, Parwanoo, Himachal Pradesh(21.11.2022)

The Reserve Bank of India (RBI) has imposed, by an order dated November 15, 2022, a monetary penalty of Rs 3.00 lakh (Rupees Three Lakh only) on The P.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on The Moirang Primary Co-operative Bank Ltd., Moirang (Manipur)(28.07.2022)

The Reserve Bank of India (RBI) has imposed, by an order dated July 28, 2022, a monetary penalty of Rs. 1.00 lakh (Rupees One lakh only) on The Moiran.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on The Bharat Co-operative Bank Limited, Bengaluru, Karnataka(05.12.2022)

The Reserve Bank of India (RBI) has imposed, by an order dated November 28, 2022, a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Bha.....

Tags : Penalty, Imposition, Non-compliance

Reserve Bank of India imposes monetary penalty on Punjab National Bank(27.03.2019)

Reference is invited to the Press Release No. 2018-2019/2144 dated March 08, 2019 regarding imposition of penalty on 36 banks for non-compliance with .....

Tags : Direction, Non-compliance, Penalty, Imposition

RBI imposes monetary penalty on Telangana State Cooperative Apex Bank Limited, Hyderabad(12.06.2023)

The Reserve Bank of India (RBI) has, by an order dated June 05, 2023, imposed a monetary penalty of Rs 2.00 lakh (Rupees Two Lakh only) on Telangana S.....

Tags : Penalty, Imposition, Non-compliance

Imposition of penalty on Kohinoor Sahakari Bank Ltd., Ichalkaranji(29.05.2023)

The Reserve Bank of India (RBI) has, by an order dated May 23, 2023, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Kohinoor Sahak.....

Tags : Imposition, Penalty, Non-compliance

RBI imposes monetary penalty on Shree Co-operative Bank Limited, Vadodara (Gujarat)(21.08.2023)

The Reserve Bank of India (RBI) has imposed, by an Order dated August 11, 2023, a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on Shree.....

Tags : Penalty, Imposition, Non-compliance

Reserve Bank of India imposes monetary penalty on ICICI Bank Ltd.(15.12.2021)

The Reserve Bank of India (RBI) has imposed, by an order dated December 13, 2021, a monetary penalty of Rs. 30 Lakh (Rupees Thirty Lakh only) on ICICI.....

Tags : Penalty, Imposition, Non-compliance

RBI imposes monetary penalty on Indrayani Co-operative Bank Ltd., Pimpri, Maharashtra(23.10.2023)

The Reserve Bank of India (RBI) has, by an order dated September 25, 2023, imposed a monetary penalty of ₹3.00 lakh (Rupees Three lakh only) on Indray.....

Tags : Penalty, Imposition, Non-compliance

Reserve Bank of India imposes penalty on United Overseas Bank Limited(03.10.2019)

The Reserve Bank of India (RBI) has, by an order dated October 01, 2019, imposed a monetary penalty of ` One crore on United Overseas Bank Limited (th.....

Tags : Non-compliance, Provision, Penalty, Imposition

RBI imposes monetary penalty on Bandhan Bank Ltd.(13.03.2024)

The Reserve Bank of India (RBI) has, by an order dated March 04, 2024, imposed a monetary penalty of ₹29.55 lakh (Rupees Twenty Nine Lakh Fifty-five T.....

Tags : Non-compliance, Penalty, Imposition