By way of its order dated July 9, 2024, the Registrar of Companies (“RoC”) has imposed a penalty on HeroX Pvt. Ltd. (“Company”) and its directors Mr. Suman Kant Munjal and Mr. Akshay Munjal for a total amount of approximately INR 9,00,000 on account of non-filing of Form BEN-2 with the RoC under Section 90 of the …
MCA is imposing penalties companies for SBO violations Read More »
The Supreme Court of India has recently issued an order in the case of Indian Medical Association (IMA) vs. Union of India dated May 7, 2024 (“Order”), which takes note of the issue of misleading advertisement and inefficient mechanisms to address the liability of the advertisers/advertising agencies. The Order has triggered a requirement for all …
Supreme Court and MIB mandate self-declaration requirement for advertising Read More »
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