"22 February 2019" Archive

SIGNIFICANT BENEFICIAL OWNER- A New Move To Pierce Corporate Veil

A person whose name is NOT entered in the register of members of a company as the holder of shares in that Company but who holds the beneficial interest in such shares shall be the the beneficial owner...

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One Time Payment of Tax Scheme, 2019 (Maharashtra Profession Tax)

Notification No. PFT.1218/C.R.52/Taxation-3 (22/02/2019)

Maharashtra Profession Tax- (i) This Scheme shall be called the One Time Payment of Tax Scheme, 2019.(ii) It shall be deemed to have come into force on the 1st April 2018. Government of Maharashtra, hereby makes the following scheme to provide an optional scheme for the payment of tax, in advance, for an enrolled person, under the said Ac...

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ESIC to improve its service delivery mechanism 

ESI Corporation took important decision towards improvement in its service delivery mechanism. It was decided that ESIC will also bear the 1/8th share of expenditure earlier used to be borne by States. ...

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Posted Under: Company Law |

Inc-22A- Active Company Tagging Identities and Verification (Active)

Every company incorporated on or before the 31st December 2017 shall file the particulars of the company and its registered office in e-Form ACTIVE (INC-22A)....

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Posted Under: Company Law |

E-form Active (INC-22A)

E-form ACTIVE (INC-22A) is notified by MCA vide notification dated 21st February, 2019  (Companies (Incorporation) Amendment Rules, 2019) Notification Date : 21st February, 2019 (21-02-2019) With Effect From : 25th February, 2019 (25-02-2019)    A new e-form is going to be deployed by Ministry of Corporate Affairs (MCA) – FORM NO. I...

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Posted Under: Company Law |

E-FORM ACTIVE (INC-22A), Companies Incorporation Amendment Rules, 2019

Active Company Tagging Identities and Verification is a new concept which is introduced by the Ministry of Corporate Affairs on 21-02-2019 by notifying Companies (Incorporation) Amendment Rules, 2019. It also introduces new E-FORM ACTIVE (INC-22A)....

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Posted Under: Company Law |

Company KYC: Companies (Incorporation) Amendment Rules, 2019

Every company incorporated on or before the 31st December, 2017 shall file the particulars of the company and its registered office, in e-Form ACTIVE (Active Company Tagging Identities and Verification) on or before 25.04.2019....

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Posted Under: Company Law |

RULE 25A- Active Company Tagging Identities and Verification

(1) Provisions: Rule 25A of Companies (Incorporation) Amendment Rules, 2019 (2) Form: FORM INC-22A – ACTIVE (Active Company Tagging Identities and Verification) (3) Due Date Of Filing: ON OR BEFORE 25.04.2019 (4) Applicability: Following Companies Are Required To File E-Form Active: Every company incorporated on or before the 3...

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Posted Under: Company Law |

No ITC on construction of Tie-in pipeline for delivery of re-gasified LNG from FSRU to National Grid

In re Western Concessions Private Limited (GST AAR Maharashtra)

In re Western Concessions Private Limited (GST AAR Maharashtra) It is clear that there are some ships which are categorized as factories in the commercial world and hence it is incorrect to argue that FRSU is not a factory by relying on selective dictionary meanings. The second contention of the applicant is that the pipeline […]...

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IBC: Municipal Corporation cannot seal property of Corporate Debtor during CIRP moratorium period : NCLT

Asset Reconstruction Company (India) Pvt Ltd Vs Shivam Water Treaters Pvt Ltd (NCLT, Mumbai)

This is the case, where despite moratorium order, Municipal Authorities have sealed the Corporate Office/Registered Office of the Corporate Debtor. Section 238 of the IBC, 2016 provides the overriding effect. Moratorium order has been passed under Section14 of the IBC on 15.10.2018. After that Municipal Corporation had no authority to sea...

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Posted Under: Company Law | |