APEX COURT in its recent decision in held that merely labelling a cheque as a security would not obviate its character as an instrument designed to meet a legally enforceable debt or liability.
Government of India has replaced the old Companies Act, 1956 with new Companies Act, 2013 with a view to match the global industry and compliance standards. Since the enactment of the new Act, various amendments have been brought to simply the compliance and disclosure structure.
Learn about the changes in mandatory e-invoicing in GST and how it affects taxpayers. Understand the phases and timelines for implementation.
Q.1 When was Consumer Protection Act 2019 enacted? Ans. The Consumer Protection Act 2019 was notified on August 9th 2019. However, it came into effect from July 20th 2020. Q.2 What are the main features of Consumer Protection Act 2019? Ans. While retaining certain old provisions, the New Act has certain new provisions that tightens […]
The MPC reviewed the surveys conducted by the Reserve Bank to gauge consumer confidence, households’ inflation expectations, corporate sector performance, credit conditions, the outlook for the industrial, services and infrastructure sectors, and the projections of professional forecasters.
Central Bureau of Investigation has arrested a Superintendent, Central GST-1, Baramati, Pune (Maharashtra) for demanding & accepting bribe of Rs.10,000/- from the Complainant. A case was registered against Superintendent, Central GST-1, Baramati, Pune on a complaint.
CBI has arrested a Superintendent, CGST & Central Excise, Bhopal (Madhya Pradesh) for demanding & accepting bribe of Rs. Two lakh from the Complainant.
The Central Bureau of Investigation has arrested a Recovery officer, DRT-I, Chandigarh for demanding & accepting bribe of Rs. 70,000/- from the Complainant.
1) Whether salary advance to the Managing Director will hit the provisions of Section 185 and Section 186 of the Companies Act, 2013; 2) If yes, which compliances are required to be followed by the Company and the Director;
Is the Limited Insolvency Examination mandated under any law, for what purpose? The Limited Insolvency Examination (examination) is mandated under regulation 5 of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 made under the Insolvency and Bankruptcy Code, 2016. It is one of the mandatory conditions for registration as an insolvency professional.
