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Archive: July, 2023

Posts in July, 2023

The Development of ESG Regulation in India

July 27, 2023 3171 Views 0 comment Print

Environmental, Social, and Governance (ESG) practice have become increasingly important over the past few years as investors and consumers have become more aware of the impact that business activities have on the environment, society, and governance practises.

FM Nirmala Sitharaman Leads 164th Income Tax Day Celebrations in Delhi

July 27, 2023 807 Views 3 comments Print

Marking the 164th Income Tax Day, Finance Minister Nirmala Sitharaman praises CBDT’s efforts in tax administration reforms and ease of compliance.

Legal Issues Concerning Trade Remedies In Preferential Trade Agreements

July 27, 2023 1149 Views 0 comment Print

The growth of preferential trade agreements and temporary trade obstacles like antidumping, safeguards, and countervailing duties are two of the most significant changes in trade policy since the 1980s.

Fast fashion war: H&M sues SHEIN over copyright infringement

July 27, 2023 1161 Views 0 comment Print

H&M sues -fashion rival SHEIN over copyright infringement claims. Discover the details of this unprecedented legal battle in fashion industry

NBFC Share Buy-Back: Guidelines & Application Process

July 27, 2023 4812 Views 0 comment Print

Guide to procedure for share buy-back in a Non-Banking Financial Company (NBFC), including application format for RBI approval. Know more.

The Big Flip: Statutory Debts Take Center Stage as Secure Winners

July 27, 2023 1428 Views 0 comment Print

Analysis of the landmark judgment in Sales Tax Officer v. Rainbow Papers Ltd. by the Supreme Court. Controversy arises as statutory debts are deemed secured debts, raising debates on Code’s objectives and legislative intent.

Andhra Pradesh HC Upholds validity of Section 16(4) of CGST Act

July 27, 2023 34173 Views 0 comment Print

High Court of Andhra Pradesh confirms the constitutional validity of Section 16(4) of the APGST and CGST Act, 2017, regarding Input Tax Credit. Learn about the court’s rulings on key questions.

Non-holding of Board Meeting – MCA imposes Penalty

July 27, 2023 6714 Views 0 comment Print

MCA imposes penalties on Sarada Pleasure And Adventure Limited and its directors for non-holding of board meetings in violation of Section 173 of the Companies Act, 2013.

50 times higher assessment without considering request of petitioner for personal hearing: HC quashed Order

July 27, 2023 4969 Views 0 comment Print

50 times higher assessment without considering request of petitioner for personal hearing through video conferencing  – Gujarat HC quashed Order in case of Margita Infra

Company Fails to Print Contact Info on Resolutions – MCA Imposes Penalty

July 27, 2023 4326 Views 0 comment Print

Ministry of Corporate Affairs (MCA) penalizes Mahadeva Vehicles Pvt. Ltd. & directors for not displaying contact info on board resolution. Analysis & order details.

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