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Archive: 30 July 2021

Posts in 30 July 2021

Introduction to Section 8 Company under Companies Act 2013

July 30, 2021 3669 Views 0 comment Print

We have heard a lot about non-profit organization and companies with charitable objectives. The concept of Section 8 companies was introduced in the Companies Act 2013 that permitted companies with charitable objectives. These companies are registered without the words ‘Limited’ or ‘Private Limited’. The main objectives behind Section 8 companies are to promote commerce, art, […]

Section 185 of companies Act 2013 | Analysis

July 30, 2021 56859 Views 1 comment Print

Prohibitions, Relaxations, and exemption in case of Loan transactions entered into by the company. The very routine transactions which almost all companies are willing to make for the rotation of money or whatsoever purpose it may be. There are four subsections of section 185 of the companies act 2013. Section 185 (1) :- No company […]

Registration under GST – Simplified

July 30, 2021 4197 Views 0 comment Print

Article discusses Section 22 Person liable for Registration, Section 23 Person Not Liable for Registration, Section 24 Compulsory Registration, Section 25 Procedure for Registration, Section 26 Deemed Registration, Section 27 Special Provision for Casual Taxable Person & Non-Resident Taxable Person, Section 28 Amendment of Registration, Section 29 Cancellation or Surrender of Registration and Section 30 […]

Dream 11 fantasy sports are games of skill and not gambling

July 30, 2021 3255 Views 0 comment Print

Avinash Mehrotra Vs State of Rajasthan & Ors. (Supreme Court of India) Permission to file Special Leave Petition is granted. This matter has come up before us even earlier.  On 28.06.2021, the petitioner has sought an adjournment for filing  additional documents. The matter now comes up in which the petitioner circulated yet another letter again […]

DGFT notifies revised process for online refund of user charges/penalty/fees

July 30, 2021 1809 Views 0 comment Print

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE PUBLIC NOTICE No. 19/2015-2020 NEW DELHI, DATED THE 30.07. 2021 Subject: Amendments in Appendix 2K of the Foreign Trade Policy- reg. F. No. 01/93/180/66/AM-21/P.C.II(B)/e- 28655. – In exercise of powers conferred under Paragraph 1.03 read with Paragraph 2.04 of the Foreign Trade Policy 2015-2020, as […]

Intra-day NAV for transactions in units of ETFs directly with AMCs

July 30, 2021 345 Views 0 comment Print

It has been decided to clarify that for the above mentioned transactions, intra-day NAV, based on the executed price at which the securities representing the underlying index or underlying commodity(ies) are purchased / sold, shall be applicable.

Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021

July 30, 2021 1038 Views 0 comment Print

Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021 was introduced in Rajya Sabha on 30th July  2021. Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021 inter alia seeks to provide for— (a) amendment of section 15 to enable the Corporation to raise the ceiling on the amount of premium with previous approval of […]

SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2021

July 30, 2021 2478 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Real Estate Investment Trusts) (Amendment) Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette.

SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2021

July 30, 2021 2256 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette.

SEBI (Bankers to an Issue) (Amendment) Regulations, 2021

July 30, 2021 2022 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Bankers to an Issue) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette.

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