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Archive: 07 June 2019

Posts in 07 June 2019

RBI releases Prudential Framework for Resolution of Stressed Assets

June 7, 2019 2874 Views 0 comment Print

Accordingly, the Reserve Bank has today placed on its website the prudential framework for resolution of stressed assets by banks in the wake of the judgement of the Hon’ble Supreme Court of India.

ICDR 2018 also applies to Companies listed on a stock exchange not having nationwide trading terminals 

June 7, 2019 3900 Views 0 comment Print

Companies which are exclusively listed on a Recognized Regional Stock Exchange such as the Calcutta Stock Exchange Limited not having nationwide trading terminals, and are willing to issue further shares through Preferential Issue/Bonus Issue, etc. Whether such companies are to be treated as listed issuer as per ICDR, 2018?.

How to Raise Request for Resolution’ & Track on TRACES

June 7, 2019 11064 Views 1 comment Print

Article explains Important Information on Request for Resolution for Taxpayer,  Brief Steps for Raising ‘Request for Resolution, and Pictorial Guide for ‘Raising Request for Resolution’ and ‘Resolution Tracking’ 1. Important Information on “Request for Resolution” for Taxpayer Only a Registered Taxpayer can avail the facility of raising “Request for Resolution” under “Online grievances module”. This […]

26QB Correction – Using E-Verification (Net Banking)

June 7, 2019 29457 Views 2 comments Print

Important information on 26QB Correction Buyers registered on TRACES only can avail the facility of ’26QB correction’ under ’26QB’ Menu after login. Request for 26QB correction can be raised from Assessment Year 2014-15 onwards If Buyer files 26QB correction and seller is Known, correction can be submitted through e-Verify (Net Banking) /AO Approval / DSC (If […]

Voluntary Revision of Financial Statements & Board report

June 7, 2019 16968 Views 0 comment Print

What if a Company has entered any wrong particulars in Financial Statements or in Board Report and the same has filed to ROC in Form AOC-4 & the SRN got approved?  Any Voluntary revision is possible or not? ↓ As per section 131 of the Companies Act, 2013 Step by Step Procedure – –   […]

Changing Positions of ‘Home-Buyers’ Under Insolvency and Bankruptcy Code, 2016: Marred with Uncertainty

June 7, 2019 2940 Views 0 comment Print

Changing Positions of ‘Home-Buyers’ Under Insolvency and Bankruptcy Code, 2016: Marred with Uncertainty A Glance At The Predicament Of Real-Estate Sector Delay in completion of under-construction apartments has become a common phenomenon in contemporary India. The records indicate that out of 782 construction projects in India monitored by the Ministry of Statistics and Programme Implementation, […]

File Annual Return Form GSTR-9 for FY 2017-18 by 30.06.2019

June 7, 2019 31854 Views 2 comments Print

Filing of Annual Return, Form GSTR-9 for financial year 2017-18, by 30th June, 2019 (1) This is in reference to filing of Annual Return, Form GSTR-9, by a normal taxpayer for financial year 2017-18, which is required to be filed by them on GST Portal latest by 30th June, 2019. Kindly note that Annual GST […]

Companies (Incorporation) Sixth Amendment Rules, 2019

June 7, 2019 10164 Views 0 comment Print

Companies (Incorporation) Sixth Amendment Rules, 2019– MCA notifies new Form No. INC-32 (SPICe form) Application for grant of License to an existing company under section 8 vide notification No. G.S.R. 411(E) dated 7th June, 2019. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 7th June, 2019 G.S.R. 411(E).—In exercise of the powers conferred by sub-sections […]

FCRA registered associations to intimate online of change in their office bearers/key functionaries

June 7, 2019 1251 Views 0 comment Print

ll associations/persons who have been granted a certificate of registration and who have effected any change/modification in the details of their office bearers/key functionaries after their registration are hereby called upon to submit online application for additions/deletion/change of details in the statutory FORM FC-6E  about such office bearers/key functionaries within one month from the date of issue of this Public Notice, failing which penal action shall he initiated under the appropriate provisions of the Foreign Contribution (Regulation) Act, 2010 and the Foreign Contribution (Regulation) Rules, 2011.

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