"18 September 2021" Archive

Application of Moratorium under Insolvency & Bankruptcy Code

Recently, The Supreme Court in the case of Anjali Rathi and Others Versus Today Homes & Infrastructure Pvt. Ltd. and Others … which is related to the housing project being developed by the respondent observed that moratorium under Insolvency & Bankruptcy Code, 2016 applies only to Corporate Debtors not to its promoters which is ...

Posted Under: Corporate Law |

Related Party Transactions | Companies Act, 2013 | SEBI (LODR) Regulations, 2015

Following is the comparison of provisions given in the Companies Act, 2013 and SEBI (LODR) Regulations, 2015 relating to Related Party Transactions. Sl. No. Particulars Companies Act, 2013 SEBI LODR 1. Applicability Applicable to the following: ♦ Companies incorporated under the Companies Act, 2013 Applicable to the following: ♦ Liste...

Posted Under: Corporate Law |

45th GST Council Meeting: Boon or Bane?

The 45th GST Council Meeting convened in Lucknow on 17th September, 2021 for its first physical meeting in 20 months with a packed agenda. A plethora of decisions & recommendations were made. The following is a summary & detailed analysis of various decisions taken: 1. Extended concessions to specified drugs used in COVID treatmen...

Posted Under: Corporate Law |

Income Tax Department searches prominent actor in Mumbai

The Income Tax Department conducted a search and seizure operation at various premises of a prominent actor in Mumbai and also a Lucknow based group of industries engaged in infrastructure development. Total 28 premises spread over Mumbai, Lucknow, Kanpur, Jaipur, Delhi, and Gurgaon have been covered in the search operation....

Posted Under: Corporate Law |

ICAI allows UDIN generation within 60 days from signing of certificates/reports/document

With an aim to align the time limit for generating UDIN with the Standards on Auditing and Standard on Quality Control, the Council at its 405th meeting held on 17th September 2021 has decided that the time limit of generating UDIN would be 60 days from the date of the signing of certificates/reports/document instead of 15 days henceforth...

Posted Under: Corporate Law |

Importance of Internet Marketing to Small Businesses

Thanks to digital technology, doing business across the world is now easier. The way we do business has extremely changed today. Advertising agencies now use different approaches to their campaigns. Brands now reach more customers....

Posted Under: Corporate Law |

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