India Company Compliance News
Several Indian companies have faced penalties for non-compliance with regulatory provisions.
Three NBFCs were fined a total of Rs12 lakh for non-compliance with Reserve Bank of India directions.
Companies like Atlas Equifin have been issued show-cause notices for avoiding compliance, while Desco Infratech has appointed a new company secretary to ensure compliance.
* Eurotex Industries and Exports has appointed Ms. Priya Amit Manglani as company secretary and compliance officer.
* Crystal Business System has accepted the resignation of Khushi Jain as company secretary and compliance officer.
The Indian government has also released guidelines for startups, highlighting the importance of compliance in the private limited company framework.
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