India Company News
The Supreme Court has upheld SEBI action against Kotak Mutual Fund in the Essel debt case. *Kotak AMC* has been directed to pay costs of ₹30 lakh.
- Ruparel Food Products has accepted the resignation of its Company Secretary and Compliance Officer, Ms. Khyati Gandhi.
- The Ministry of Corporate Affairs has extended the *Companies Compliance Facilitation Scheme* till August 31, allowing companies to regularise delayed statutory compliances with a 90 percent waiver on additional late fees.
- Other companies such as ACE Edutrend Ltd have also accepted resignations of their Company Secretaries, with Ms. Nidhika Bharti resigning due to medical reasons.
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