Section 73 of the Central Goods and Services Tax Act empowers proper officers to determine tax liability, interest, and penalties. Despite a three-year timeframe, amendments and notifications have extended deadlines, sparking debates and legal disputes. The 2020 amendment introduced Section 168A, enabling the government to extend limits due to force majeure. However, retrospective applicability and […]
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In accordance with the provisions of the Companies Act, 2013, and the Companies (Share Capital and Debenture) Rule, 2014, the following draft board resolution outlines the process for the allotment of shares on a right issue basis. Format of Draft Board Resolution for Allotment of Share on Right Issue Basis [Company Name] [Registered Office Address] […]
1 अप्रैल 2023 से आयकर कानून में बदलाव! जानिए कैसे नया प्रावधान सूक्ष्म और लघु उद्यमों को समय पर पैसा प्रदान करने में मदद कर रहा है।
In this article, we present a comprehensive draft of the Board Resolution for the Right Issue, outlining the procedural intricacies and legal mandates involved under Companies Act, 2013 and Companies (Share Capital and Debenture) Rules, 2014. This resolution not only aligns with regulatory frameworks but also signifies the company’s proactive approach towards sustained growth and stakeholder […]
