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Archive: 04 May 2020

Posts in 04 May 2020

Main Provisions of Companies Fresh Start Scheme, 2020 (CFSS 2020)

May 4, 2020 15054 Views 0 comment Print

The MCA,in first instance, issued General Circular No. 11 /2020 dated 24.03.2020 giving many relaxations to the companies and entities registered under the Companies Act, 2013 or rules made thereunder. The major relaxation was waiver of additional fee on almost all ROC Forms irrespective of its due dates. However, the Ministry of Corporate Affairs has, […]

COVID 19 impact on Airline Industry

May 4, 2020 7710 Views 0 comment Print

Impact on airports The impact so far has been dramatic, with a number of airports now having zero or near-zero passengers traveling through their terminals. At the same time, airports are working hard to remain open for critical services. For privately-held airports, the situation is worse as they do not benefit from relief measures but […]

Applicability of Shops & Establishment Registration

May 4, 2020 45075 Views 9 comments Print

Shops and Establishment Act regulates shops, commercial establishments, hotels, clubs, restaurants, eating houses and other places of public amusement or entertainment. Shops and Establishment registration is covered under the state laws of India. Every state has its different set of laws for Shops and Establishment and they are to be followed properly. The employer of […]

Nuances of Drafting

May 4, 2020 10494 Views 0 comment Print

Drafting may be defined as the synthesis of law and fact in a language form. In other words, legal drafting is the crystallization and expression in definitive form of a legal right, privilege, function, duty, or status. It is the development and preparation of legal instruments such as constitution, statutes, regulations, ordinances, contracts, wills, conveyances, indentures, trusts and leases, etc.

Online Marketplace – Opportunities & Threats for Retail Traders

May 4, 2020 1131 Views 0 comment Print

The Indian e-commerce market is expected to grow to US$ 200 billion by 2026 from US$ 38.5 billion as of 2017. This is aided by the increasing internet and smartphone penetration. For retail merchants, who only sell in their brick-and-mortar locations, trade via ecommerce can seem like an attractive option.  Of late, significant changes have happened both on supply side and demand side to warrant a careful assessment before choosing the optimum business mode.

COVID-19 Relief Measures Under Labour Laws

May 4, 2020 1971 Views 1 comment Print

RELIEF MEASURES UNDER LABOUR LAWS TAKEN AMIDST COVID-19 PANDEMIC Keeping in view of the Covid-19 Pandemic, Government of India has announced a nationwide lockdown from midnight of 24/03/2030. The GOI has made an appeal to all the employers to not deduct the salaries of their employees during the period of lockdown and hence this has […]

Covid-19 “The Pandemic” How to make best use of Lockdown

May 4, 2020 1029 Views 0 comment Print

As the world gets disturbed due to this pandemic, everyone is either losing hope or crying for all looses he’s making these days. The entire salaried section of the society is worried about their salaries, big business tycoons are worried about their business, and farmers are worried about their crops. Everyone is worried but the […]

Franklin Templeton Debt Schemes Hit

May 4, 2020 1317 Views 2 comments Print

ABOUT FRANKLIN TEMPLETON – Franklin Templeton is the country’s ninth-largest mutual fund house and manages assets worth ₹1.16 lakh crore. – It has been an early and patient investor in India. They have worked to build a long-term business in India over our 25+ year history here. This is also reinforced by the fact that […]

Autonomy of Board & Corporate Governance In India: Complications & Solutions

May 4, 2020 2181 Views 0 comment Print

In the present corporate ecosystem, we can witness many corporations fail and wind up because of internal mismanagement of the company. In the normative sense, the Board of director’s actions should be in line with the interests of the shareholders and should be devoid of any personal gains but in the contemporary world this seems […]

Draft Chartered Accountants (Amendment) Regulations, 2019

May 4, 2020 1683 Views 1 comment Print

is registered with the Board of Studies of the Institute on or before 1st day of January or 1st day of July for the examination to be held in the months of May/June or November/December respectively; and has complied with such other requirements as may be decided by the Council from time to time.; and”

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