Unlawful outward remittances via Hawala using proforma invoices and electronic records proved; documents admitted, directors penalised, penalties redu...
Attachment of equivalent-value properties as proceeds of crime upheld; preventive attachment order and confirmation sustained; no independent ED reinv...
Broker trading-system "technical glitch" redefinition and narrowed incident-reporting regime for large IBT/STWT brokers requiring 2-hr notice and 14-w...
A modification utility is introduced on the IBBI electronic platform enabling insolvency professionals to rectify deficiencies in already submitted CIRP forms using OTP-based authentication; where a form is filed and modified within the applicable due date, no fee is payable because fee computation under Regulation 40B(4) begins only after the last due date. For CIRP forms due on or before 31 December 2025 that are submitted after that date, including through correction or updation, a delayed filing fee is prescribed at Rs. 500 per form (excluding GST) for each calendar month of delay up to the date of submission, thereby commencing levy for post-31 December 2025 delayed submissions.
A modification utility is introduced on the IBBI electronic platform enabling insolvency professionals to rectify deficiencies in already submitted CIRP forms using OTP-based authentication; where a form is filed and modified within the applicable due date, no fee is payable because fee computation under Regulation 40B(4) begins only after the last due date. For CIRP forms due on or before 31 December 2025 that are submitted after that date, including through correction or updation, a delayed filing fee is prescribed at Rs. 500 per form (excluding GST) for each calendar month of delay up to the date of submission, thereby commencing levy for post-31 December 2025 delayed submissions.
Note: It is a system-generated summary and is for quick reference only.
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