New Delhi: The corporate affairs ministry on Wednesday slapped fines on Microsoft-owned LinkedIn India, Satya Nadella, and eight other individuals for violation of the significant beneficial owner norms under the companies law. Nadella is the chief of Microsoft, which acquired the professional networking platform LinkedIn in December 2016. In a 63-page order, the Registrar of …
NCLAT The National Company Appellate Law Tribunal (NCLAT) at Delhi on Friday ruled that the National Financial Reporting Authority (NFRA) has retrospective powers to investigate allegations of misconduct by financial auditors. A coram of Judicial Member Rakesh Kumar Jain and Technical Member Naresh Salecha added that while Institute of Chartered Accountants of India (ICAI) has …
The board of directors of Dish TV India, a leading DTH company, has rejected a second request from minority shareholders to hold an Extraordinary General Meeting (EGM) due to inconsistencies in numbers and procedures. On June 29, the Dish TV Minority Shareholders Association sent a second notice reiterating their previous demands to remove Shankar Aggarwal …