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Archive: 10 November 2022

Posts in 10 November 2022

Strengthening Governance of Market Infrastructure Institutions – SEBI Report

November 10, 2022 1110 Views 0 comment Print

Functions of MIIs should be categorized into three verticals viz. Critical Operations; Regulatory, Compliance and Risk Management; and Other functions including Business Development.

SC ruling on setting aside exclusion clause in insurance contracts for avoiding liability

November 10, 2022 2409 Views 0 comment Print

Whether an exclusion clause destroying the very contract knowingly entered, can be permitted to be used by a party who introduced it, becomes a beneficiary and then to avoid its liability?

No CS was willing to join hospital after Covid-19 pandemic – Penalty reduced

November 10, 2022 756 Views 0 comment Print

After the Covid-19 pandemic no Company Secretary from far of places shown interest to come and join in a hospital business as the company is engaged in Covid-19 pandemic related treatment. Authorised representative requested to waive the penalty as no mens rea could be proved on the part of the Company and its officers in charge.

Rs. 5 Lakh Ceiling on subscription to GPF in a financial year

November 10, 2022 7368 Views 0 comment Print

Sum of the monthly subscription by a subscriber under the GPF during a financial years together with the amount of arrear subscriptions deposited in that financial year shall not exceed the threshold limit of Rupees Five Lakh.

Kerala GST Detention, seizure & release of goods & conveyances – Instructions

November 10, 2022 3891 Views 0 comment Print

The notice in Section 129(3) is provided for under FORM GST MOV-07 and the order is given in FORM GST MOV-09. The order in FORM GST MOV-09 raises a demand for penalty, and this demand is reflected as FORM GST DRC-07.

What is the partnership deed and how to make it?

November 10, 2022 6507 Views 2 comments Print

Learn what a partnership deed is and how to create one. Get all the information you need to draft a solid partnership agreement.

Filling of TRAN FORMS to claim transitional ITC –Simplified

November 10, 2022 2199 Views 1 comment Print

Learn about the simplified process of filling TRAN-1 forms for claiming transitional ITC. Important points to remember and deadlines.

E-way bill not valid if information in PART-B of FORM GST EWB-01 not furnished

November 10, 2022 29673 Views 1 comment Print

Ensure your e-way bill is valid by furnishing information in PART-B of FORM GST EWB-01. Learn about the importance of compliance in e-way bill generation.

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