Follow Us:

IRDAI Guidelines on Cross Border Re-insurers

January 22, 2021 4938 Views 0 comment Print

a.  All Cross Border Reinsurers (CBR) shall necessarily comply with the eligibility criteria as stipulated in Reg. 4 (1) of the IRDAI (Re-insurance) Regulations, 2018. b. Filing of application for allotment of FRN to CBR shall be commensurate with Re-insurance programme of the insurer, as submitted with the Authority in terms of the IRDAI (Re-Insurance) Regulations, 2018;

Public Money Recovery Cannot Wait Indefinitely to Suit Convenience of A Particular Borrower

January 22, 2021 897 Views 0 comment Print

Brahm (Alloys) Ltd. & Anr. Vs West Bengal Financial Corporation & Ors. (Culcutta High Court) HC held that Counsel for the respondents is justified in arguing that recovery of public money cannot wait indefinitely to suit the convenience of a particular borrower. In the present case, even the latest offer given by the concerned ARC, […]

Definitive Anti-Dumping duty imposed on ‘Nylon Filament Yarn’- Reg.

January 22, 2021 1797 Views 0 comment Print

Case No. MTR-11/2019 Mid-Term Review to review the product scope of definitive Anti-Dumping duty imposed on ‘Nylon Filament Yarn’ originating in or exported from European Union and Vietnam.

Adjustment on account of ALP of AMP expenses not sustainable

January 22, 2021 2304 Views 0 comment Print

Rayban Sun Optics India Ltd. Vs ACIT (ITAT Delhi) We are of the considered opinion that the ALP of an international transaction involving AMP expenses, the adjustment made by the TPO/DRP/AO is not sustainable in the eyes of law. At the same time, we cannot ignore the submission of the learned DR that the matter […]

Companies (CSR Policy) Amendment Rules, 2021

January 22, 2021 96468 Views 1 comment Print

(1) These rules may be called the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette unless explicitly provided elsewhere in this notification.

SEBI Imposes Penalty for not complying with summonses

January 22, 2021 3393 Views 0 comment Print

In re Dwitiya Trading Limited (SEBI) The conduct of the Noticee in not paying heed to the summonses issued by SEBI and resultant non-cooperation with the process of investigation cannot be taken lightly. The SEBI Act grants powers of investigation and collection of information/documents for the purposes of investigation. For this purpose, SEBI has been […]

Issue examined under original assessment cannot be reexamined by Reassessment

January 22, 2021 5934 Views 0 comment Print

Add. CIT Vs Ircon International Ltd (ITAT Delhi) When we examine the reasons recorded by the Assessing Officer in the instant case in the light of the decision of the Hon’ble Delhi High Court in the case of Madhukar Khosla (supra), it is evident that the Assessing Officer has merely perused the records available with […]

HC accepts Petition against Delhi Gymkhana for Denial of Green Card to A Class of Member

January 22, 2021 2715 Views 0 comment Print

Naresh Dayal & Ors. Vs Delhi Gymkhana Club Ltd. & Ors. (Delhi High Court) The present suit has been filed by seven plaintiffs who are all members of defendant No.1 Club in a representative capacity claiming that they are the permanent members of defendant No.1 which has 5553 permanent members, about 4925 person enjoy the […]

Steps to be taken for rescue, protection & rehabilitation of a transgender person

January 21, 2021 687 Views 0 comment Print

F. No. 15011/191/2020—SC/ST-W Government of India Ministry of Home Affairs (Women Safety Division) 2nd Floor, MDC National Stadium, New Delhi — 110001, Date: 21st January, 2021 To, Chief Secretaries/ Advisors to Administrators (All States and UTs) Subject: Transgender Persons (Protection of Rights) Act 2019 and the Transgender Persons (Protection of Rights) Rules, 2020 -reg. Sir/Madam, […]

Section 50- Interest on Net Liability- Gujarat HC Issues Notice to Govt

January 21, 2021 3378 Views 0 comment Print

Flair Writing Industries Ltd. Vs Union of India (Gujarat High Court) The Gujarat High Court issued the notice to Government over constitutional validity of the proviso to Section 50 of CGST Act, 2017. The subject matter of challenge in the present litigation is to the constitutional validity of the proviso to Section 50 of the […]

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031