Order No.ROC(61)/RS/ADJ-ORDER/178657/ 2565 to 2568/113 -
30/05/2023
The company did not circulate annual audited financial statements to the members, directors and statutory auditors of the company before the annual general meeting of the company held on 27th June 2022, it is contravening the provision of section 136 of the Companies Act. 2013. So, MCA penalised Draeger India Private Limited for failing ...
Order No. ROC(M)/RS/ADJ/ORDER/178657/2553 to 2561/111 -
30/05/2023
Ministry of Corporate Affairs issued an order for penalties under Section 454 of the Companies Act, 2013, against Draeger India Private Limited. The company has been found in violation of Section 134(2), 134(3), and 134(7) of the Companies Act, 2013, for non-compliance during their annual general meeting held on June 27, 2022. The appoint...
Order No. ROC(M)/RS/ADJ-ORDER/2550 to 2553/109 -
30/05/2023
Company failed to circulate proper notice to its members and directors for the Annual General Meeting (AGM) scheduled on June 27, 2022, as required by Section 101 of the Act. The company rectified the default by circulating the notice and holding the AGM on November 9, 2022....
Now a days, we can see multiple startups and dealers engaged in sale and purchase of used vehicles, GST laws has some peculiar provisions when it comes to taxation of used vehicle. The valuation of such transactions is governed by the GST valuation rule of which relevant extract has been reproduced below: CGST Rules , […]...
A Trust is nothing but transfer of PROPERTY by one person, called author of trust, to another person, called Trustee, for the benefit of third party, called Beneficiary. Property can be anything such as real estate, shares, money or any other valuable assets. Parties involved in Trust Author of trust, the one who transfer the […]...
Question of Law with respect to the applicability of Regulations 17(1A) of SEBI (LODR) Regulations 2015 in case of casual vacancy and requirement of prior approval of shareholders by way of special resolution to fill the casual vacancy if the Independent Director has attained the age of 75 years...
FAST TRACK MERGER (Section 233 of the Companies Act, 2013) NEW ERA – SIMPLY FAST WITHIN DEADLINE Time Line – 60 days – Maximum from the date of Filing Application to the RD Fast track merger, governed by Section 233 of the Companies Act, 2013, is a streamlined process aimed at expediting the merger of […]...
Press Release No. 587 -
30/05/2023
Advisory pertaining to Goods Transport Agencies (GTAs) opting to pay tax under the forward charge mechanism According to the advisory, GTAs that have commenced their business or crossed the registration threshold on or after 1st April 2023 and wish to opt for payment of tax under the forward charge mechanism must file their declaration in...
Compuage Infocom Limited Vs Assistant Commissioner (Rajasthan High Court) -
Whether the LAN Connection Cable (CAT-5, CAT-6) is taxable under S. No. 3 or 24 of Part A of Entry No. 65 of Schedule-IV or at General Rate as per Schedule-V appended to the Rajasthan Value Added Tax Act, 2003...
Pramod Kumar Madhogarhia Vs Union of India (Calcutta High Court) -
HC set aside SCN issued under Section 148A(b) & consequential orders on the grounds that the opportunity of being heard provided at first instance should be an effective opportunity, since, the power of reopening an assessment is a ‘power’ which should be exercised with adequate reason....