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Archive: 04 January 2023

Posts in 04 January 2023

Exemption notification has to be read as a whole & benefit not eligible if condition not fulfilled 

January 4, 2023 2793 Views 0 comment Print

Godrej Consumer Products Limited Vs Union of India (Jammu & Kashmir High Court) In the present case, impugned Notifications are lucid and eloquent and need not be interpreted or construed in the way and manner the petitioner intends and chooses to and as a result whereof, writ petition qua impugned Notifications is liable to be […]

Corporate legal Due Diligence – Approach and Checklist

January 4, 2023 22938 Views 0 comment Print

Due diligence is the investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or contract with another party or an act with a certain standard of care.

Practical Steps to Change the Name of a Private Company

January 4, 2023 1074 Views 0 comment Print

Practical steps to change the name of a private company: From calling board meetings, reserving the proposed name with MCA, passing resolutions, holding EGM, to filing necessary e-forms. Learn the process, documentation, and timelines for a seamless transition.

Analysis of CCI order in Umar Javeed & Others Vs. Google LLC and Another

January 4, 2023 11211 Views 0 comment Print

It is also worth noting that Competition Commission of India (CCI) imposed a monetary penalty of Rs. 1337.76 crore on Google INC for anti-competitive practices in relation to Android mobile devices, as decided in Mr. Umar Javeed and Others Vs. Google LLC and Another

UIDAI enables ‘Head of Family’ based online address update in Aadhaar

January 4, 2023 4329 Views 1 comment Print

The HoF based online address update in Aadhaar will be of great help to the relative(s) of a resident–like children, spouse, parents etc, who don’t have supporting documents in their own name to update address in their Aadhaar.

Infosys Case Study on Corporate Governance

January 4, 2023 43080 Views 0 comment Print

Infosys was one of the first companies in India to publish a compliance report on corporate governance, based on the recommendations of a committee constituted by the Confederation of Indian Industries (CII). Infosys maintained a high degree of transparency while disclosing information to stakeholders.

Recent Updates in GST till 03.01.2023

January 4, 2023 15936 Views 0 comment Print

Explore the recent updates in GST as of January 3, 2023, covering changes from the 48th GST Council meeting. Stay informed about amendments in CGST Rules, rates, exemptions, and reverse charge mechanisms. Learn about the impact of these updates on GST collection, with December 2022 witnessing a record increase of 15% in YoY basis, reaching Rs 1,49,507 crore. Stay ahead of GST compliance with the latest insights.

Bail granted in fake GST matter in absence of any recovery during police remand

January 4, 2023 1029 Views 0 comment Print

Punjab & Haryana High Court granted bail in fake GST matter as no recovery had been effected from the petitioner during police remand.

Banks / financial institutions cannot proceed against homebuyers for repayment of loan if Developer has defaulted.

January 4, 2023 4428 Views 0 comment Print

PNBHFL argues that clause (k) of the agreement states that the borrower cannot cancel the agreement without obtaining No Objection Certificate from the PNBHFL.

Behaviour of Investment of Different Groups of People & their Psychology

January 4, 2023 1398 Views 0 comment Print

Various biases that are emphasised in the developing science of behavioural finance have a significant impact on individual investor behaviour. As a result, the purpose of this study is to determine the impact of behavioural biases on a single parent’s financial decisions.

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