LatestCompany Registration 21 October 2026
India Corporate Compliance Updates: Fines, Waivers, and New CFO
The National Stock Exchange rejected a waiver for Rashi Peripherals, imposing a ₹1.67 lakh penalty, while other companies like IRCON and Shah Metacorp secured fine waivers. MCA data reveals a surge in LLP and OPC registrations, and ABB India announced Suneel Kumar as its new CFO. Additionally, SEBI approved Indian Overseas Bank’s ESPS route for MPS compliance.
- Rashi Peripherals Ltd. was ordered to pay a ₹1.67 lakh fine after the NSE rejected its waiver request. Details: ScanX and Kalkine.
- MCA data shows rapid growth in LLP and OPC formations, highlighting a preference for limited liability with lower compliance burdens. Read more: TFIPost.
- ABB India appointed Suneel Kumar as CFO, strengthening its leadership team. Announcement: Economic Times CFO.
- Indian Overseas Bank sought SEBI approval for an ESPS route to meet MPS compliance; SEBI gave the green light. Full story: Kalkine.
- IRCON Ltd. received an NSE waiver for previously levied fines due to delayed compliance. See: PSU Connect.
- Shah Metacorp Holding USA Inc. obtained a ₹2,360 fine waiver for filing delays. Details: ScanX.
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