Zerodha Asset Fined Over Delay in Appointing CFO
The Ministry of Corporate Affairs (MCA) has fined Zerodha Asset Management Private Limited and its key Directors, including founder Nithin Kamath, for not appointing a Chief Financial Officer (CFO) within the required timeframe, thereby violating the law.
Chartered Accountant Fined Rs 50 lakh by NFRA
The National Financial Reporting Authority (NFRA) has imposed a Rs 50 lakh penalty on Chartered Accountant Pawan Jain, a partner at M/s Kumar Jain & Associates.
BSE and NSE Fined IRCON Over Lack of ‘Independent’ Board Members
The BSE and NSE stock exchanges have fined Rs 10,85,600 on the Railways Ministry PSU Ircon International Limited (IRCON), due to failure to ensure that at least half of the company's board consists of Independent Directors.
