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Archive: March, 2021

Posts in March, 2021

Doctor not liable to personally monitor administration of injection by a trained nurse

March 9, 2021 1170 Views 0 comment Print

Bhushan s/o Brijmohan Katta Vs State Of Maharashtra (Bombay High Court -Nagpur Bench) All that is alleged in the present case is that though the petitioner was on duty, he was not physically present in the NICU at the fateful moment. No material has been placed before us that whenever an injection has to be […]

Officer who did assessment, can only undertake re-assessment -Section 28(4) – Customs Act, 1962

March 9, 2021 22663 Views 0 comment Print

M/S Canon India Private Limited Vs Commissioner of Customs (Supreme Court of India) The main issue is whether after clearance of the cameras on the basis that they were exempted from levy of basic Customs duty under Notification No. 15/2012, the proceedings initiated by the Directorate of Revenue Intelligence for recovery of duty not paid […]

HC directs DC to issue discharge certificate in Form SVLDRS-4 to Eureka Fabricators

March 9, 2021 864 Views 0 comment Print

Eureka Fabricators Pvt. Ltd. Vs Union of India & Ors.  (Bombay High Court  ) FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT Heard Mr. Prasannan Namboodiri, learned counsel for the petitioners and Mr. Pradeep Jetly, learned senior counsel for the respondents. 2. This order shall dispose of both the writ petitions as facts are […]

Over 110019 loans extended since launch of ‘Stand up India’ scheme

March 9, 2021 492 Views 0 comment Print

Over 1,10,019 loans have been extended since the launch of ‘Stand up India’ scheme as on 31.01.2021 since its inception and beneficiaries can get a loan of ₹ 10 lakh to ₹ 1 crore to start or increase their business.

RBI notifies qualified financial market participants & Contracts

March 9, 2021 2412 Views 0 comment Print

Reserve Bank of India hereby specifies the following entities as qualified financial market participants to deal in qualified financial contracts, namely: – a. Entities licensed by RBI to do banking business, but not included in the second schedule to the Reserve Bank of India Act, 1934 (2 of 1934); b. “Export-Import Bank of India” established under the Export-Import Bank of India Act, 1981 (28 of 1981);

Change of IFSC and Account due to Bank Merger

March 9, 2021 9110 Views 0 comment Print

1. Kind attention is invited to all the Importer, Exporters, Customs Broker & other stakeholder to PSU banks merger & amalgamation. 2. The following list is of PSU Banks after Merger:-

Tariff Notification No. 28/2021-Customs (N.T.), Dated: 09.03.2021

March 9, 2021 1554 Views 0 comment Print

Tariff Notification No. 28/2021-Customs (N.T.), Dated: 09.03.2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 28/2021-CUSTOMS (N.T.) New Delhi, the 9th Mach, 2021 S. O. 1068(E).—In exercise of […]

NRI allowed to incorporate OPC in India w.e.f. 01.04.2021

March 9, 2021 25680 Views 1 comment Print

By making the amendment in sub rule (1) of Rule 3 for words, and resident in India, following words substituted whether resident in India or otherwise. By this amendment, now Non-Resident Indians (‘NRIs’) is also allowed to incorporate OPCs in India.

Conversion of Private Limited Company Into LLP – Procedure & FAQs

March 9, 2021 23167 Views 1 comment Print

Article explains Regulatory Framework for Conversion of Private Limited Company into LLP, Eligibility criteria under LLP Act for conversion of Private Company into LLP, Pre-Conditions for Conversion of Private Limited Company into LLP, Companies which cannot be converted into LLP, Intimation about Conversion, Notice of conversion in correspondence, Effects of Registration, Procedure for Conversion Of […]

Analysis of SC case on Time limit Limitation on proceedings during Covid-19 pandemic

March 9, 2021 3606 Views 0 comment Print

Due to the onset of COVID-19 pandemic, The Hon’ble Supreme Court took suo motu cognizance of the situation arising from difficulties that might be faced by the litigants across the country in filing petitions/ applications/suits/appeals/all other proceedings within the period of limitation prescribed under the general law of limitation or under any special laws (both Central or State).

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