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Archive: December, 2023

Posts in December, 2023

Non-submission of Commencement of Business Form: MCA Imposes Penalty

December 4, 2023 7431 Views 0 comment Print

Read about the penalty imposed by the Ministry of Corporate Affairs for non-submission of Commencement of Business Form under Companies Act, 2013. Details on violations and appeal process

Anti-Profiteering Section 171(3A) Penalty Before 01.10.2010 not imposable: CCI

December 4, 2023 702 Views 0 comment Print

Explore the Competition Commission of India’s ruling on an anti-profiteering case involving Principal Commissioner vs. Krishna Enterprises. The case centers on penalties under CGST Rules, 2017.

Arbitral Seat: Key Considerations

December 3, 2023 1161 Views 0 comment Print

Considering an arbitral seat? Look at key considerations like the legal environment & financial ramifications. Arbitral Seat: Key Considerations

Instigation Must Be In Close Proximity To Suicide: SC

December 3, 2023 1737 Views 0 comment Print

Suicide & instigation: SC’s ruling on FIR U/S 306 of the IPC. Justice delivered by India’s Apex Court on December 1, 2023 – Instigation must be in close proximity to suicide for IPC 306 to be invoked

Wife not Liable for Dishonour of Cheque Drawn by Husband on Couple’s Joint Account: Punjab & Haryana HC

December 3, 2023 3297 Views 0 comment Print

Explore the significant Punjab and Haryana HC ruling exempting wives from cheque dishonour liability when drawn on joint accounts. Insights, precedents, and legal implications revealed.

Debenture Redemption: Companies Act 2013 & (Amendment) Act 2020

December 3, 2023 148538 Views 0 comment Print

Explore sources and methods of redeeming debentures as per Companies Act 2013 and Companies (Amendment) Act 2020. Learn rules, conditions, and implications for companies.

Integral Role of Accountants in Ensuring GST Compliance

December 3, 2023 2115 Views 0 comment Print

Unlock the pivotal role of accountants in navigating the complexities of Goods and Services Tax (GST) compliance. From strategic planning to embracing technology, explore how accountants contribute to financial efficiency in the dynamic realm of modern taxation

Card Network Portability in India: What Users Need to Know & ambiguity

December 3, 2023 2910 Views 2 comments Print

Starting Oct 1, 2023, Indian cardholders can switch between Visa, MasterCard, Ru-Pay, etc. Learn the benefits, process, and implications for banks and users

97.26% of the ₹2000 banknotes returned: RBI

December 3, 2023 948 Views 0 comment Print

Stay informed about the withdrawal status of ₹2000 banknotes in India. Learn about the process, deadlines, and the impact on circulation. Get the latest updates here

Removal of ICMAI Member’s Name for non-payment of fees

December 3, 2023 2058 Views 0 comment Print

Get details on ICMAI’s strict action against defaulting members for non-payment. Learn about the removal process, restoration options, and important deadlines

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