NIS Management Legal & Regulatory
The GST Department closed proceedings regarding FY 2022-23 discrepancies, stating the company's reply was satisfactory and no further action is required.
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The GST Department closed proceedings regarding FY 2022-23 discrepancies, stating the company's reply was satisfactory and no further action is required.
NIS Management Ltd has filed a writ petition in the Calcutta High Court challenging an ESIC damages claim of ₹2.17 Crore.
NIS Management Ltd received a Show Cause Notice from the Employees' State Insurance Corporation (ESIC) regarding a proposed recovery of Rs. 0.92 Crore in damages.
NIS Management Ltd informed the exchange that the Board noted a fine of ₹95,000 imposed by BSE for a procedural lapse in financial reporting.
NIS Management Ltd received a GST notice (Form GST ASMT-10) from the CGST authorities regarding alleged ITC discrepancies for FY 2022-23. The matter is at a preliminary stage with no material financial impact currently ascertainable. The company is reviewing observations and will submit a response in Form GST ASMT-11 within prescribed timelines.