Follow Us:

Disciplinary proceedings can’t continue after retirement: SC

July 3, 2014 29267 Views 20 comments Print

Once the appellant had retired from service on 31.3.2009, there was no authority vested with the respondents for continuing the disciplinary proceeding even for the purpose of imposing any reduction in the retiral benefits payable to the appellant.

Recovery Proceedings by DRT against Guarantors Are Without Jurisdiction

July 3, 2014 31763 Views 10 comments Print

It is submitted that the recovery proceedings under section 19 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 against the Guarantors are absolutely without jurisdiction. As per Black’s Law Dictionary, Ninth Edition, at page 1389, recovery means the regaining or restoration of something lost or taken away. It follows that the DRT has no jurisdiction to proceed against the Guarantor, as he has not taken any debt, which he has to repay.

Section 185 of Companies Act, 2013 – Loan to Directors

July 3, 2014 562025 Views 32 comments Print

SECTION 185 of Companies Act, 2013 – Loan to Directors- Section 185 & its reference with Section 186 of Companies Act, 2013 Section 185 of the Companies Act, 2013 which has been notified on 12th September 2013 corresponds to section 295 of the Companies Act, 1956 which deals in loan to directors. This section is […]

Modi Looking to use Facebook to bring more tourists to India

July 3, 2014 1725 Views 0 comment Print

Facebook COO Sheryl Sandberg calls on PM The Chief Operating Officer of Facebook, Ms. Sheryl Sandberg, called on the Prime Minister, Shri Narendra Modi, today. She said India is a very important country for Facebook, considering the high number of active Facebook users in India. The Prime Minister discussed with Ms. Sandberg, ways through which […]

Rate of exchange of conversion of each of foreign currency WEF 04.07.2014

July 3, 2014 3331 Views 0 comment Print

the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column

NSDL releases new Form 24G Return Preparation Utility and FVU Version 1.3

July 3, 2014 2995 Views 0 comment Print

Form 24G Return Preparation Utility (RPU) and File Validation Utility (FVU) Version 1.3 for the Form 24G Statements from FY 2005-06 onwards released (27/06/2014) Link to Download New RPU and FUV https://www.tin-nsdl.com/etds-etcs/eTDS-download-regular.php

DGFT Prohibits import of ‘foie gras’

July 3, 2014 6229 Views 0 comment Print

In exercise of powers conferred by Section 3(2) and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), read with paragraphs 2.1 and Para 2.6 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby makes the following amendments in the ITC (HS) 2012, Schedule 1 (Import Policy).

CMA President's Communique for July 2014

July 2, 2014 2223 Views 0 comment Print

Do not spoil what you have by desiring what you have not; remember that what you now have was once among the things you only hoped for. –Epicurus A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing.  –George Bernard Shaw My Dear Professional Colleagues, It is […]

Frequently Asked Questions On Companies Act, 2013

July 2, 2014 148609 Views 16 comments Print

1. Section 2(49) defines the term ‘interested directors’ whereas at various sections reference to section 184 is drawn to mean/define interested director. Section 2(49) is wider than Section 184 leading to confusion – which definition should be applied? Ans. Section 2(49) of the Companies Act, 2013 defines interested director as a director who is in […]

New Government, new hopes: Excise & Service tax law needs to be MODIfied

July 2, 2014 3156 Views 0 comment Print

Whole country witnessed historic win of BJP lead NDA in recently concluded general elections. New government in the leadership of Mr. Narendra Modi is all set to prove its mettle of governance. With oath taking ceremony on 26.05.2014 and announcement of cabinet ministries, now Citizens of India have huge expectation on this newly formed Government to fulfill its promises which they made in various election campaigns.

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930