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Archive: 05 May 2020

Posts in 05 May 2020

The Indian Stamp Act, 1899- A successful fiscal legislation

May 5, 2020 17463 Views 0 comment Print

Discover the history of stamp duty and how it has evolved over time. Learn about its origins in 17th century Holland and its introduction to India by the British.

Covid-19- Relaxation Norms Proposed by SEBI For Fundraisers

May 5, 2020 831 Views 0 comment Print

The securities market regulator SEBI has recently proposed a consultation paper for stressed listed entities to solve liquidity/fundraising problems as they are facing problems due to COVID-19 pandemic, hence in view of this SEBI proposed some certain relaxations which are Briefed below write-up. INTRODUCTION: In respect of these situations prevailing in existing market, Securities and […]

COVID spurs Manufacturing exodus from China: India chases opportunity with EMC 2.0

May 5, 2020 636 Views 0 comment Print

COVID spurs Manufacturing exodus from China: India ceases opportunity with EMC 2.0 Global turmoil and break with the past 27 April, 2020 may be a historic day for Wuhan, China, the epicentre for Global Coronavirus Pandemic to have discharged  its last COVID-19 patient but things are utterly gloomy in rest of the world. United States, […]

SA 240 Auditor’s responsibility in fraudulent Financial Statements: Analysis

May 5, 2020 9789 Views 0 comment Print

tandard on Auditing, (SA) 240, one of the most authoritative text deals with the auditor’s responsibilities relating to fraud in an audit of financial statements. With the flood of opportunities to open up for auditors to audit financial statements for the period ending 31st March 2020

Force majeure- The rising king of commercial contracts kingdom!

May 5, 2020 1239 Views 0 comment Print

Gone are the days wherein ‘Consideration Clause’ under a Contract was used to be the KING. I still remember that during the foundation class of CS Course (now CSEET), under the Indian Contract Act, 1872, we the students, back in those days, were taught that Consideration is the most important clause while writing any Contract. I don’t deny; I […]

MCA clarifies on holding of Digital AGM through VC or OAVM

May 5, 2020 56925 Views 0 comment Print

MCA clarifies on holding of Digital AGM through VC or OAVM For companies which are required to provide the facility of e-voting under the Act, or any other company which has opted for such facility and For companies which are not required to provide the facility of e-voting.

Process of RERA registration as an agent

May 5, 2020 42675 Views 2 comments Print

Who is real estate agent? A real estate agent is a person who works as an intermediary to facilitate the transaction and to stimulate fair practices between buyers and the builders. What are roles of real estate agents? 1. The agents must have all the records and documents of the promoters as well as their projects. […]

SOPs for movement of Indian Nationals stranded outside the country

May 5, 2020 561 Views 0 comment Print

MHA issues SOPs for movement of Indian Nationals stranded outside the country, as well as, for those persons stranded in India who are desirous to travel abroad for urgent reasons Union Ministry of Home Affairs (MHA), on 01.05.2020, issued an Order and respective guidelines under the Disaster Management Act, 2005, to extend the lockdown for […]

CENVAT Credit Refund must be claimed within one year from date specified in Section 11-B

May 5, 2020 5760 Views 0 comment Print

In other words, time limit has to be computed from the last date of the last month of the quarter which would be the relevant date for the purposes of examining if the claim is filed within the limitation prescribed under Section 11-B or otherwise.

Covid-19 Impact on Infrastructure and Energy Sector

May 5, 2020 1026 Views 0 comment Print

Impact on Infrastructure Sector Q 1. What is the impact of the pandemic Covid-19 and the 21 day lockdown on the Infrastructure Sector in India? Ans: Due to the pandemic Covid-19, the Infrastructure Sector and the projects have been stopped until further orders and have been on a standstill in lieu of the directions of […]

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May 2020