A comprehensive guide to applicability, 2% spending rule, governance structure, compliance requirements, and penalties under Section 135.
Section 68 CGST – From E‑Way Bill Compliance to Road‑Side Detention: Law, Practice and Judicial Pushback Section 68 of the CGST Act forms the statutory bridge between movement of goods, e-way bill compliance, and detention proceedings under Sections 129 and 130. It mandates that the person in charge of a conveyance carry prescribed documents such […]
Explains statutory framework governing public offers, private placements, prospectus disclosures, allotment procedures, and investor protection safeguards.
The High Court will examine whether bail granted under the Section 45 proviso for women can be cancelled absent perversity or misuse of liberty.
IFSCA released draft regulations mandating authorisation, net worth, risk management, and governance standards for Electronic Trading Platforms in IFSCs. Cryptocurrencies are expressly barred from trading under the proposed framework.
The amendment confirms that once a draft assessment order is issued within limitation, DRP and final assessment timelines operate independently under Section 144C.
The Disciplinary Committee held that reconstituting the Committee of Creditors without authority and filing contradictory affidavits misled the Adjudicating Authority. The IP’s registration has been suspended for three years.
The Government has retained wheat exports as “Prohibited” but allowed shipment of 25 Lakh Metric Tonnes under specified conditions. Detailed modalities will be notified separately, maintaining regulatory control.
The government has permitted export of an additional 5 LMT of wheat flour under HS Code 1101, even though exports remain classified as Prohibited. Detailed procedures will be notified separately by DGFT.
The draft regulations introduce a structured framework for engagement of IFSC Financial Advisers by Financial Institutions. The move aims to enhance advisory-stage oversight and align IFSC with global regulatory standards.
