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Archive: 14 October 2016

Posts in 14 October 2016

IDS 2016- e-communication valid mode for issuance of Form-2

October 14, 2016 2251 Views 0 comment Print

Representations have been received from field authorities to allow electronic mode of communication as a valid mode of service for issuance of Form-2 under the Income Declaration Scheme, 2016.

SEBI amends conditions regarding Bullion as collateral

October 14, 2016 493 Views 0 comment Print

Total commodities collateral for any clearing member shall not exceed 30% of the total liquid assets of the clearing member, out of which non-bullion collateral shall not exceed 15% of the total liquid assets of the clearing member

Time of Supply and Service under GST

October 14, 2016 5059 Views 0 comment Print

CMA Ramesh Krishnan Major indirect tax reformation is in full swing and it is going to gear up from 1st  April 2017, till now empowered  committee proposals and draft rules and formats and several frequently asked questions has been published by the government to help us to transformation process from the current indirect tax system […]

MCA notifies draft Rules related to insolvency resolution & liquidation of insolvent corporate persons

October 14, 2016 1000 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) as part of the process for implementing the Insolvency and Bankruptcy Code, 2016 (Code) had set-up a working group consisting of practitioners and experts for making recommendations for drafting rules and regulations for the insolvency resolution and liquidation of insolvent corporate persons.

Consultation Paper on SEBI (Investment Advisers) Regulations, 2013

October 14, 2016 1162 Views 0 comment Print

The objective of the consultation paper is to specify uniform standards across all the intermediaries/persons engaged in providing investment advisory services irrespective of whether such activity is incidental to their primary activity or not and to address the gaps or overlaps in legal or regulatory standards.

Draft Insolvency And Bankruptcy (Application To Adjudicating Authority) Rules, 2016

October 14, 2016 13615 Views 0 comment Print

In exercise of the powers conferred under sub-section (2) of section 7, sub-section (1) of section 8, sub-section (2) of section 9, sub-section (2) of section 10, sub-sections (1) and (2) of section 239 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby makes the following Rules, namely.

Draft Insolvency and Bankruptcy (Liquidation of Insolvent Corporate Persons) Regulations 2016

October 14, 2016 1414 Views 0 comment Print

In exercise of the powers conferred by sub-sections (1) and (2)(x)-(zk) of Section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Board hereby makes the following Regulations to provide a framework for liquidation of insolvent corporate persons in terms hereof

Draft Insolvency and Bankruptcy (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

October 14, 2016 1849 Views 0 comment Print

In exercise of the powers conferred under sub-sections (13) and (16) of section 5, sub-section (3) of section 7, sub-section (3) of section 9, sub-section (3) of section 10, sub-section (2) of section 14, sub-section (2) of section 15, sub-section (2) of section 17, sub-sections (a) and (g) of section 18, sub-sections (7) and (8) of section 21, sub-sections (1), (7) and (8) of section 24, sub-section (2) of section 25

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