An arbitration agreement is separable from the main agreement. It is only in cases where the allegation of forgery or fraud are in respect to the existence of arbitration agreement itself, the disputes would not be arbitrable.
There is no compulsion to opt under Section 6 of the Tamil Nadu Value Added Tax Act, 2006 and it is open to a works contractor to pay taxes under section 5.
It is no-doubt true that normally, Court would be loath to interfere in contractual matters unless a clear-cut case of arbitrariness or malafides or bias or irrationality is made out and Court must realize their limitations and the havoc which needless interference in commercial matters can cause.
Note on One-Person Company (OPC) Highlights Basic Concept of OPC, Objectives of One-Person Company (OPC), Preliminary conditions & Eligibility for Incorporation of OPC, Mandatory Annual Compliances of OPC, Benefits cum Exemptions for OPC, Hindrances for the OPC and Comparative Analysis of OPC with Sole Proprietorship, LLP & Private Limited Company. 1. Basic Concept of One-Person Company […]
Stay updated with the latest MCA notifications and circulars from May 30 to June 1, 2022. Get all the corporate law updates for companies and LLPs.
Ministry of Corporate Affairs (MCA) vide its notification dated June 01, 2022, has notified Companies (Appointment and Qualification of Directors) Amendment Rules, 2022, and the said rules are applicable from immediate effect i.e. June 01, 2022. The Amendments provides for the following: 1. After the first proviso the following new proviso has been inserted in […]
Learn about the power of minority shareholders in calling for an Extra Ordinary General Meeting (EGM) under Section 100 of the Companies Act, 2013.
Learn about the process of GST deposit during search, inspection, or investigation and how it protects genuine tax payers and safeguard Government’s dues.
Notification No. 19/2022-Customs (ADD)- Seeks to extend the levy of ADD on import of Toluene Di-isocyanate (TDI) originating in or exported from China PR, Japan and Korea RP,by amending notification No. 3/2018-Customs (ADD) dated 23-01-2018. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 3rd June, 2022 Notification No. 19/2022-Customs (ADD) G.S.R. 417(E).—Whereas, the designated authority […]
Understand the personal liability of directors, partners, and legal heirs under GST for tax arrears. Learn about the implications and consequences.
