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Archive: 09 April 2022

Posts in 09 April 2022

Scope and Usage of ‘Tort of Unlawful Interference with Economic Rights’ In Light of Amazon-Future Tussle

April 9, 2022 1383 Views 0 comment Print

The tort of unlawful interference with economic rights is one of those fewer known torts which has evolved over the years, it can be defined as the unlawful interference of a person in the contract between two parties which may involve inducing one of the parties to breach the contract or interfering with their contracting rights unlawfully.

Its VERSUS It’s

April 9, 2022 918 Views 0 comment Print

Don’t make the mistake of confusing the possessive its with the contractive it’s. Its is a pronoun meaning belonging to it. Like the other possessive pronouns (my, mine, your, yours, his, her, hers, ours, their, and theirs), its does not take an apostrophe. we use Its to say that something belongs to or refers to something.

CCI found Dumper Truck Union guilty of anti-competitive conduct

April 9, 2022 753 Views 0 comment Print

CJ Darcl Logistics Ltd. Vs Dumper and Dumper Truck Union Lime Stone (Competition Commission of India) Commission holds Dumper Truck Union to have contravened the provisions of Section 3(3)(a) and 3(3)(b) read with Section 3(1) of the Act, as the said union determined prices to be charged in concert and also limited and controlled the […]

CCI order against anti-competitive conduct by various bidders in supply & installation of signages

April 9, 2022 789 Views 0 comment Print

In Re: Alleged anti-competitive conduct by various bidders in supply and installation of signages at specified locations of State Bank of India across Ina (Competition Commission of India) Brief Facts 1. The present case was taken up by the Commission suo motu under Section 19(1) of the Competition Act, 2002 (the ‘Act’) pursuant to a […]

Cartelisation by Shipping Lines in provision of Maritime Motor Vehicle Transport Services

April 9, 2022 561 Views 0 comment Print

In Re: Cartelisation by Shipping Lines in the matter of provision of Maritime Motor Vehicle Transport Services to the Original Equipment Manufacturers (Competition Commission of India) The evaluation of available evidence indicates that there was an agreement between NYK Line, K-Line, MOL and NMCC with the objective of enforcement of “Respect Rule”, which implies avoiding […]

CCI direct NECC to cease & desist from issuing threats of penal consequences

April 9, 2022 1626 Views 0 comment Print

T.R. Chandran Vs National Egg Co-ordination Committee (Competition Commission of India) i) NECC, while declaring and disseminating egg prices, shall give sufficient and prominent disclaimers (including on its website) at all times that the prices so declared are only suggestive, and for the information of trade and industry; ii) NECC shall cease and desist from […]

EPFO issues Circular clarifying TDS on interest on PF contributions

April 9, 2022 19617 Views 0 comment Print

EPFO issues Circular clarifying TDS on interest on PF contributions > Employee Provident Fund Organisation (EPFO) issued a circular dated 06th Apr 2022 which clarifies about the calculation and deduction of tax on taxable interest which is relating to contribution in provident fund pursuant to CBDT Notification No. 95 of 2021-Income Tax. > This circular […]

ICSI appreciates Government for bringing CA, CMA, CS Amendment Bill, 2021

April 9, 2022 4785 Views 0 comment Print

The Institute of Company Secretaries of India appreciates the efforts of the Government of India in bringing the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2021.

All About Deposit and Loan of Nidhi Company

April 9, 2022 11733 Views 0 comment Print

Acceptance of Deposit and provide loan to its member is one of the main reason for starting a Nidhi Company. We will discuss about how much Nidhi can take deposit from members and how much loan can provide to its members. APPLICABILITY OF NIDHI RULES 2014 This rule shall apply to ♦ Every company which […]

MSME Form I – Half yearly return to be filed with ROC

April 9, 2022 15780 Views 0 comment Print

MSME FORM I (Form for furnishing half yearly return with the registrar in respect of outstanding payments to Micro or Small Enterprises.) Relevant section of the Companies Act,2013 The e-Form MSME I is required to be filed under Order dated 22 January 2019 issued under Section 405 of the Companies Act, 2013. Intent of the […]

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