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Archive: 24 April 2021

Posts in 24 April 2021

CSR under Section 135 of Companies Act, 2013- FAQs

April 24, 2021 10416 Views 4 comments Print

FAQs FOR CSR u/s 135 of Companies Act, 2013 (Updated till 24/04/2021) 1. What is Applicability of CSR Committee and what shall be its constitution & Functions? Applicability ♦ As per Section 135 (1) every Company falling under bellow criteria in Previous Financial Year need to constitute CSR Committee: Turnover Rs. 1000 Cr or More […]

Finance Business In India-Without RBI Approval

April 24, 2021 11787 Views 0 comment Print

In terms of Section 45-IA of the RBI Act, 1934, no Non-banking Financial company can commence or carry-on business of a non-banking financial institution without a) obtaining a certificate of registration from the RBI.

Issue of Shares to Service Provider For Consideration Other Than Cash

April 24, 2021 48834 Views 6 comments Print

The issuance of shares to service providers in exchange for consideration other than cash is a common practice in the corporate world. This arrangement allows companies to compensate individuals or entities for their services while preserving their cash resources. In this article, we will explore the concept of issuing shares to service providers, the benefits […]

Trademark Registration in India- 11 FAQs

April 24, 2021 1464 Views 0 comment Print

1. What is the sense of a trademark? Ordinarily, a trademark is a logo or a label that you can employ to modify your goods from those of your opponents in the market. The word trademark is the statutory term for the IP (intellectual property). You can also tell that a trademark is a name, […]

Allhabad HC extends Time Limitations of Interim Orders till 31.05.2021

April 24, 2021 1011 Views 0 comment Print

Suo Moto Vs State of U.P. (Allahabad High Court) Suo Moto Allhabad HC Order Extending The Time Limitations Of Interim Orders In This Phase Of Pandemic In the wake of recent upsurge of pandemic Covid-19, affecting one and all in the State of Uttar Pradesh, consequence whereof the courts at all levels are working with […]

System of Hearing of Matters Before Delhi VAT Tribunal

April 24, 2021 1821 Views 0 comment Print

In view of the alarming rise in the Covid-19 cases in the National Capital Territory of Delhi, in continuation of this Tribunal Office Order dated 19-04-2021, it is ordered that, all matters listed for hearing from 26.04.2021 to 15.05.2021 shall stand adjourned en bloc for one month (e.g. cases listed on 26.4.2021 will be adjourned for 26.05.2021, and so on).

Covid related vaccines & Oxygen exempted from basic customs duty

April 24, 2021 14154 Views 0 comment Print

In line with decisions taken in high level meeting taken by Hon’ble PM, Notification No. 28/2021-Customs dated April 24, 2021 issued exempting Customs duty on medical grade Oxygen, Oxygen related equipments and COVID-19 vaccines till July 31, 2021. Also Read:PM chairs meeting on increase in supply of oxygen & related equipment MINISTRY OF FINANCE (Department […]

Farmhouses in Gurgaon to be Demolished

April 24, 2021 876 Views 0 comment Print

Farmhouses being built on a 20 acre plot near Sohna are likely to be demolished in a week as the builder started construction without any permission from the Authority. DTCP team visited the site in Bhogpur village and found out that the builder have already laid a network of internal roads, erected electric poles and constructed boundary […]

PM chairs meeting on increase in supply of oxygen & related equipment

April 24, 2021 438 Views 0 comment Print

The Prime Minister chaired a meeting to review steps taken to boost oxygen availability in the country. The PM emphasized that there was an immediate need to augment the supply of medical grade oxygen as well as equipment required for patient care both at home and in hospitals. PM stressed that all ministries and departments need to work in synergy to increase availability of oxygen and medical supplies.

Regulation on Online Gambling in India – The Grey Area

April 24, 2021 4614 Views 2 comments Print

With the rise in internet user base and rapid increase in use of technology gambling being a state subject there is no other uniform law for gambling in India. Games likes dream 11, fantasy cricket, poker, rummy are played in huge numbers in India which impacts large number of people in India who are unemployed thus this results into crimes and suicide in this pandemic situation.The information technology Act, 2000 covers many cyber activities but fails to interpret this online gambling law. Gambling being an addictive government should make proper and uniform laws to control online gambling. Article covers various laws with respect to online gambling and recommendations to strengthen the legal framework.

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