SEBI introduces a centralised mechanism for reporting the demise of investors through KYC Registration Agency.
Circular No. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/0000000163, dated 3-9-2023.
‘Indoor management’ will not rescue a CA who fails to verify validity of appointment as statutory auditor of a company before accepting the audit.
Mangesh v. Kekre & Associates, In re – [2023] 155 taxmann.com 10 (NFRA).
Where corporate debtor was declared a sick industrial unit and entered into a MOU with respondent, on basis of which, implementation of a rehabilitation scheme was approved, NCLAT rightly held that the said rehabilitation scheme could not be treated as a resolution plan within the meaning of IBC.
Pramod Kumar Pathak v. Arfat Petrochemicals (P.) Ltd. – [2023] 154 taxmann.com 635 (SC).