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Archive: 25 January 2022

Posts in 25 January 2022

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 6498 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Merger of PMC bank with Unity Small Finance Bank ltd Approved

January 25, 2022 7761 Views 0 comment Print

(1) This Scheme may be called the Punjab and Maharashtra Co-operative Bank Limited (Amalgamation with Unity Small Finance Bank Limited) Scheme, 2022. (2) It shall come into force on 25th day of January, 2022.

Issuance of Securities in dematerialized form in case of Investor Service  Requests

January 25, 2022 9357 Views 1 comment Print

As an on-going measure to enhance ease of dealing in securities markets by investors, it has been decided that listed companies shall henceforth issue the securities in dematerialized form only (vide Gazette Notification no. SEBI/LAD-NRO/GN/2022/66 dated January 24, 2022) while processing the following service request.

Insolvency Resolution Process cannot continue against Personal Guarantor after his Demise

January 25, 2022 2232 Views 0 comment Print

Alchemist Asset Reconstructions Company Vs Deepak Puri (NCLT Delhi) We have considered the report and the provision of law as projected by the Ld. Counsel for the RP, we concur with the reasoning given by the RP that the Personal Guarantor in this case is an individual, who stood guarantee to the Corporate Debtor and […]

Setting up of CRU at central location, and CRU Email address for each Commissionerate of Mumbai Customs Zone-II

January 25, 2022 2076 Views 0 comment Print

Correspondence or dak in physical form may be delivered by Post, Courier, special messenger, or officers from other formations themselves. The correspondence may be received from the trade (importers, exporters), trade bodies, stakeholders such as Customs Brokers, shipping lines, custodians, from other Commissionerates, Directorates of the CBIC, other Government Departments, departmental officers, third parties etc. It is highlighted that any kind of physical documents shall invariably be submitted to the said CRU Section which shall receive and duly acknowledge the same.

Notification No. 11/2022-Income Tax [S.O. 345(E)], Dated: 25.01.2022

January 25, 2022 1074 Views 0 comment Print

The earnings of the assessee shall be credited either to the account of the Government of Abu Dhabi or to any other account designated by that Government so that no portion of the earnings inures to any private person barring any payment made to creditors or depositors for loan or borrowing [as defined in sub-clause (a) of clause (ii) of Explanation 2 to clause (23FE) of section 10 of the Act] taken for the purposes other than for making investment in India;

Food Safety and Standards (Packaging) First Amendment Regulations, 2022

January 25, 2022 2082 Views 0 comment Print

(1) These regulations may be called the Food Safety and Standards (Packaging) First Amendment Regulations, 2022. (2) They shall come into force on the date of their publication in the official Gazette.

Guideline for Enhancement of Competitiveness in Indian Capital Goods Sector

January 25, 2022 1392 Views 0 comment Print

The objective of Phase II of the ―Scheme for Enhancement of Competitiveness of the Capital Goods Sector‖ is to expand and enlarge the impact created by Phase I pilot scheme, thereby providing greater impetus through creation of a strong and globally competitive capital goods sector that contributes at least 25% to the manufacturing sector.

SEBI (Mutual Funds) (Amendment) Regulations, 2022

January 25, 2022 2937 Views 0 comment Print

1. These Regulations may be called the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette:

ICAI Guidance Note on Division II – Ind AS Schedule III to Companies Act 2013

January 25, 2022 110661 Views 1 comment Print

The Government is bringing out several changes in the Companies Act, 2013 from time to time to enhance transparency by way of mandating additional disclosures. Towards the same, the Ministry for Corporate Affairs has issued a Notification dated 11.10.2018 wherein amendments have been brought in to the Schedule III to the Companies Act, 2013. The […]

CCI imposes penalty on maritime transport companies for cartelisation

January 25, 2022 804 Views 0 comment Print

CCI imposes penalty on maritime transport companies for indulging in cartelisation The Competition Commission of India (‘CCI’) passed a final order against four maritime transport companies namely Nippon Yusen Kabushiki Kaisha (‘NYK Line’), Kawasaki Kisen Kaisha Ltd. (‘K-Line’), Mitsui O.S.K. Lines Ltd. (‘MOL’) and Nissan Motor Car Carrier Company (‘NMCC’) for indulging in cartelisation in the […]

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