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Archive: 14 August 2021

Posts in 14 August 2021

Dominance practices on E-Commerce by Big E-Tailers

August 14, 2021 633 Views 0 comment Print

Confederation of All India Traders urged Minister of Commerce and Industry Shri Piyush Goyal for simultaneous investigation of Banks & Brands by Competition Commission of India along with Flipkart & Amazon, for colluding with e-commerce players to distort the Indian retail market and promoting unhealthy trade. Confederation of All India Traders Ref. No. 3264/1/50 13th […]

Draft Cost and Works Accountants (Amendment) Regulations, 2021.

August 14, 2021 717 Views 0 comment Print

Regulation 111D : A member in practice may form multi-disciplinary firm with the member of other professional bodies as prescribed under Regulations 111B and 111C in accordance with the regulating guidelines of the Council for functioning and regulation of such multidisciplinary firm.

Tariff Notification No. 67/2021-Customs (N.T.) Dated: 13.08.2021

August 14, 2021 786 Views 0 comment Print

Tariff Notification No. 67/2021-Cus (N.T.) dated 13.08.2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver – Reg Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 67/2021-CUSTOMS (N.T.) New Delhi, 13th August, 2021   22 SHRAVANA, 1943 […]

SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2021

August 14, 2021 3963 Views 0 comment Print

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

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Second Amendment) Regulations, 2021

August 14, 2021 1596 Views 0 comment Print

1. These regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Second Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette.

Public Procurement Policy for MSEs Amendment Order, 2021

August 14, 2021 3090 Views 0 comment Print

(1) This order may be called the Public Procurement Policy for Micro and Small Enterprises (MSEs) Amendment Order, 2021. (2) This order shall come into force on the date of its publication in the Official Gazette.

Restriction on utilisation of subscription money under Private Placement

August 14, 2021 5835 Views 1 comment Print

Section 42 of the Companies Act, 2013 (‘CA 2013’) relating to private placement norms for issue of securities, was substituted by the Companies (Amendment) Act, 2017 w.e.f. 07.08.2018. Simultaneously, Companies (Prospectus and Allotment of Securities) Rules, 2014 was amended by the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018 w.e.f. 07.08.2018.  The amendments […]

No province of Tribunal to modify explicit enactments in statues

August 14, 2021 477 Views 0 comment Print

Understanding the boundaries of Tribunal power: the importance of adhering to explicit statutory provisions.

Security and Covenant Monitoring’ using Distributed Ledger Technology

August 14, 2021 1908 Views 0 comment Print

The system shall be used for recording and monitoring of the security created and monitoring of covenants of non-convertible securities. The system shall inter alia capture the process of creation of security (viz. due diligence, charge creation etc.), continuous monitoring of covenants by Debenture Trustees (as applicable), credit rating of the non-convertible securities by the Credit Rating Agencies (CRAs) etc.

Lack of opportunity of hearing results in stay of Bank Attachment & Cancellation of Registration

August 14, 2021 1185 Views 0 comment Print

Cheema Local Carrier & Construction Vs Assistant Commissioner SGST (Chhattisgarh High Court)  Petitioner has filed the current writ petition challenging three issues: Provisional attachment of bank account, Cancellation of registration certificate under Goods and Services Tax (GST); and Input Tax Credit (ITC) being blocked. The Petitioner contended that Rule 21 of the Central Goods and […]

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