"23 August 2017" Archive

National Company Law Appellate Tribunal (Amendment) Rules, 2017

G.S.R. 1061(E). (23/08/2017)

“63. Appearance of authorised representative.- (1) Subject to provisions of section 432 of the Act, a party to any proceedings or appeal before the Appellate Tribunal may either appear in person or authorise one or more chartered accountants or company secretaries or cost accountants or legal practitioners or any other person to present...

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Cabinet gives in-principle approval for Public Sector Banks to amalgamate through an Alternative Mechanism (AM)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given in-principle approval for Public Sector Banks to amalgamate through an Alternative Mechanism (AM). The decision would facilitate consolidation among the Nationalised Banks to create strong and competitive banks. ...

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Posted Under: Company Law |

GST on Selling of Space for advertisement in print media

Selling of space for advertisement in print media is leviable to GST @ 5%.If the advertisement agency works on principal to principal basis, that is, buys space from the newspaper and sells such space for advertisement to clients on its own account, that is, as a principal, it would be liable to pay GST @5% on the full amount charged by a...

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Posted Under: Company Law |

GST: Compensation Cess On Automobiles

Goods and Services Tax (GST) in now a reality and then most of the present indirect taxes on goods and services shall become history making GST indeed historic. The launch ceremony at Parliament House has rewritten a new destiny, this time an economic one. GST, though has been claimed as one of the biggest tax reforms ever, it is also bei...

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Posted Under: Company Law |

Are you aware of these 4 improbable claims often made to investors?

Financial Planners are here to provide professional assistance to investors, whereby the investor can have the best deal for the money staked by them. There are certain pitfalls that manifest themselves while the assistance of Financial Planners are sought and the buyer should always be aware of this while soliciting such services....

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Posted Under: Company Law |

Will More Borrowing Improve My Credit Score or not?

Indians today are far more aware about the credit score and its importance. And as the awareness levels grow, so does the inquisitiveness on how does one manage and maintain the credit score. At Credit Sudhaar, we have experienced people having lots of views on this which can be passed on as nothing but misconceptions. […]...

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Posted Under: Company Law |

GST और एक करदाता का दर्द

ये कैसा सरल कानून और कार्यतंत्र बनाया है सरकार ने GST का, जिसमें कि उसको रोज ही नए-नए सर्कुलर, अमेंडमेंट ही नहीं बल्कि extension भी लाना पड़ र...

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Posted Under: Company Law |

Reporting of URD transactions aggregating to less than 5000 in a day in GSTR

As per section 9(4) of the CGST Act, if a registered person purchases goods/services from an unregistered dealer (URD) then the registered taxpayer is liable to pay GST on reverse charge basis. All the provisions of the Act will apply to such recipient as if he were the person liable for paying the tax in relation to the supply of goods o...

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Posted Under: Company Law |

What is cyber stalking? How cyber stalking cases dealt with in Indian court of law?

Cyber stalking is a type of a crime. In the cyber stalking there is a involvement of two persons- Firstly, the stalker is also known as attacker who do the crime & Secondly, the Victim who is harassed by that stalker....

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Posted Under: Company Law |

ROC Kerala & Lakshwadeep proposes to striking off of names of 27 LLPs (List Attached)

Public Notice No. ROC/Kerela/LLP/Section. 75/21937 (23/08/2017)

Registrar of Companies, Kerala has reasonable cause to believe that LLPs in List 'A' (List of 27 Nos. of LLP) are not carrying out any business or its operations. In view of this, at the expiration of thirty days from the date hereof, the name of LLPs in List 'A' (List of 27 Nos. of LLP), unless cause is to the will be struck off the Regi...

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