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"17 December 2019" Archive

SC explains rules for condonation of delay

University of Delhi Vs Union of India & Ors. (Supreme Court of India)

University of Delhi Vs Union of India & Ors. (Supreme Court) From a consideration of the view taken by this Court through the decisions cited supra the position is clear that, by and large, a liberal approach is to be taken in the matter of condonation of delay. The consideration for condonation of delay would […]...

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‘Benami’ property: HC refuses to interfere against provisional attachment order

Simmant Kohli Vs Union Of India (Madhya Pradesh High Court)

Simmant Kohli Vs Union Of India (Madhya Pradesh High Court) The Court opined that pending final adjudication whether property is in the name of petitioner are ‘Benami’ property or not, the authorities concerned have passed an order of provisional attachment as a matter of precaution, until the dispute is finally resolved, no interfere...

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Industry must Reduce Dependence on Imported Goods: Piyush Goyal

Piyush Goyal,Minister for Commerce and Industry and Railways, addressed the inaugural sessionat the Exports Summit 2019 organised by the Confederation of Indian Industry (CII) in New Delhi today. He emphasized that Indian industry must be enabled and empowered to take advantage of global value chains....

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Posted Under: Corporate Law |

Denial of copies of seized documents was violation of natural justice: HC

Mozart Global Furniture Vs Sate Tax Officer (Kerala High Court)

The prayer in the Writ Petition is for a direction to the 1st respondent to supply copies of the documents relied upon by the 1st respondent while issuing the notices, and thereafter, to afford the petitioners an opportunity to submit their objections with regard to the reliance placed on the same, before proceedings to adjudicate the mat...

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Delhi HC rules Central Excise Duty rebate claim filed after expiry of 1 year as ineligible

Applications for rebate of Central excise duty paid on excisable goods, consequent on their export, are required to be filed within one year of the date of their export, under Section 11B of the Excise Act. As such, the rebate claim, filed by the Petitioner, was rejected by the Assistant Commissioner of Customs (AC), vide Order-in-Origina...

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Posted Under: Corporate Law |

Sukanya Samriddhi Account Scheme, 2019- Detailed Analysis

Government has notified new Samriddhi Account Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 914(E). Article explains Opening of account under Sukanya Samriddhi Account Scheme, 2019, Deposits under Sukanya Samriddhi Account, Interest on deposit under Sukanya Samriddhi Account, Operation of account under Sukanya Samri...

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Posted Under: Corporate Law |

Senior Citizens’ Savings Scheme, 2019- Detailed Analysis

Government has notified new Senior Citizens’ Savings Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 916(E). Article explains  Opening of account under Senior Citizens’ Savings Scheme, 2019, Deposit under Senior Citizens’ Savings Scheme, 2019, Interest on deposit under Senior Citizens’ Savings Scheme, 2019, P...

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Posted Under: Corporate Law |

Public Provident Fund Scheme, 2019- Detailed Analysis

Government has notified new Public Provident Fund Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 915(E). Article explains  Limits of number of PPF accounts under Public Provident Fund (PPF) Scheme, 2019, Limits of subscription under under Public Provident Fund (PPF) Scheme, 2019, Manner of making deposit under under...

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Posted Under: Corporate Law |

All about National Savings (Monthly Income Account) Scheme, 2019

Government has notified new National Savings (Monthly Income Account) Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 917(E).  Article explains about Opening of account under National Savings (Monthly Income Account) Scheme, 2019, Deposits and withdrawals under National Savings (Monthly Income Account) Scheme, 2019, ...

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Posted Under: Corporate Law |

National Savings Certificates (VIII Issue) Scheme, 2019- detailed Analysis

Government has notified new National Savings Certificates (VIII Issue) Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 919(E).  Article explains about Type of accounts under National Savings Certificates (VIII Issue) Scheme, 2019,  Deposits under National Savings Certificates (VIII Issue) Scheme, 2019, Payment on Ma...

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Posted Under: Corporate Law |

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