Understand the distinctions and convergence of private placement (Section 42) and preferential allotment (Section 62(1)(c)) under India’s Companies Act, 2013, for capital raising.
Learn the FEMA-compliant process to issue shares to foreign nationals via rights issue or private placement, with key timelines and regulatory requirements.
Understand the legal framework for private placement of shares, including investor limits, offering procedures, and compliance with the Companies Act, 2013.
This flowchart outlines the process for private placement of shares under Section 42 of the Companies Act, 2013, detailing steps, forms, and timelines for compliance.
CESTAT Ahmedabad held that County of Origin certificate verified by the relevant authority is sufficient proof of origin criteria and hence denial of exemption benefit under Notification No. 99/2011-Cus dated 09.11.2011 not justifiable.
Kolkata ITAT allows assessee’s appeal, ruling that a tax assessment was invalid because the Section 143(2) notice did not comply with mandatory CBDT instructions on format.
The Madras High Court ordered the conditional revival of a GST registration cancelled for non-filing, following precedent set in the Suguna Cutpiece case.
Madras High Court held that reopening of assessment under section 148 of the Income Tax Act not sustainable since assessee has fully and truly disclosed all the material facts. Accordingly, order along with notices are liable to be set aside.
The ITAT Delhi has condoned a 350-day delay by the District Magistrate, Budaun, in filing a TCS appeal, citing communication gaps and legal process challenges, remanding the case.
जीएसटी प्रैक्टिस में एआई से लाभ संभव, पर गलत जानकारी (hallucination) से सतर्क रहना जरूरी है। व्यवहारिक सुझावों के साथ पूरी जानकारी पढ़ें।
