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ED attached 16 properties of Dreamz Infra India Ltd. & others

July 8, 2022 732 Views 0 comment Print

ED has provisionally attached 16 immovable properties worth Rs. 137.60 Crore, in the case of Dreamz Infra India Ltd. and others, under PMLA, 2002 Press Release 04.07.2022 Directorate of Enforcement (ED) has provisionally attached 16 immovable properties held in the name of Dreamz Infra India Ltd., TGS Constructions Pvt. Ltd., Disha Choudhary, MD of Dreamz […]

ICSI Council Election : Addresses of Polling Booths

July 8, 2022 804 Views 0 comment Print

Duration of 13th ICSI Council & Four Regional Councils expire on 18th January, 2023. Election for constitution of new Council & Regional Councils are tentatively scheduled on (Friday) 9th December, 2022

Rules on Ceiling on Election Expenses of ICAI Candidates

July 8, 2022 1194 Views 0 comment Print

ICAI Rule 41. Election Expenses.-No candidate under rule 15, shall incur an expenditure above an amount to be fixed by ICAI Council for this purpose.

Creditworthiness of Lender not proved: Section 148A(d) order valid

July 7, 2022 864 Views 0 comment Print

Indus Technical Education Society Vs Union of India (Allahabad High Court) So far as unsecured loan of Rs. 28,53,439/ is concerned, the petitioner could not submit any credible evidence alongwith its reply to establish credit worthiness of the lender i.e. M/s Arrow Netmart Pvt. Ltd. Therefore, prima facie, the Assessing Authority had some relevant material […]

RBI includes Unity Small Finance Bank Limited in Scheduled bank list

July 6, 2022 900 Views 0 comment Print

It is advised that Unity Small Finance Bank Limited has been included in Second Schedule to Reserve Bank of India Act, 1934

CCI Approves Acquisition of Citrix Systems, Inc.

July 5, 2022 810 Views 0 comment Print

CCI has  approved the acquisition of Citrix Systems, Inc. (Citrix) by funds managed by Vista Equity Partners Management, LLC (Vista) and funds and investment vehicles managed by Elliott Investment Management L.P. (Elliott)

Compendium of Ind AS (as on April 01, 2022) and Guidance Material

July 5, 2022 3396 Views 0 comment Print

ICAI has released Compendium of Indian Accounting Standards (Ind AS) (as on April 01, 2022) along with e-version of related guidance material at the occasion of CA Day held on July 01, 2022.

Tata Steel Long Products Limited takes over Neelachal Ispat

July 5, 2022 1788 Views 0 comment Print

NINL Strategic Disinvestment transaction has been completed today with the transfer of 93.71% shares of the Joint Venture Partners (4 CPSEs and 2 Odisha Govt. PSUs) to the Strategic Buyer, M/s Tata Steel Long products Limited.

MahaRERA: Process for regular updates on Registered Projects by Promoters

July 5, 2022 3294 Views 0 comment Print

As a step towards ensuring that Real Estate Projects related data is updated and current, MahaRERA categorized all updates to be provided by promoter in 7 categories

Import of Potatoes without Import License allowed from Bhutan

July 4, 2022 846 Views 0 comment Print

Import of Potatoes under ITC(HS) Code 0701 90 00, is allowed from Bhutan without Import License up to 30th June 2023 vide Notification No. 17/2015-2020-DGFT.

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