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Consultation Paper on proposed review of Insider Trading Regulations, 2015

May 19, 2023 2007 Views 0 comment Print

Consultation Paper on proposed review of the definition of Unpublished Price Sensitive Information (UPSI) under SEBI (Prohibition of Insider Trading)  Regulations, 2015 to bring greater clarity and uniformity of compliance in the  ecosystem

Transaction between manufacturer & dealer while acting pursuant to a warranty is Sale: SC

May 18, 2023 3489 Views 0 comment Print

Explore the Supreme Court’s judgment on sales tax implications for warranty claims in Tata Motors Ltd. vs. Deputy Commissioner case, addressing dealer-manufacturer transactions.

Income Tax Department conducts searches in West Bengal and Assam

May 18, 2023 522 Views 0 comment Print

Income Tax Department conducted search and seizure operations on a business group operating largely in North Bengal region of the State of West Bengal. The business group is controlled by a person with an active political background. Search was also conducted on his close business associate.

How to Deal With Insurance Companies After a Car Accident

May 18, 2023 840 Views 0 comment Print

Any car accident is very stressful, and even more so when you have to deal with all the paperwork and procedures to receive compensation for your injuries and property damage. Dealing with insurance companies after such an incident can affect your compensation claim; therefore, it is very important to know how to proceed.

CBIC notifies Customs Exchange rate for Import & Export wef 19.05.2023

May 18, 2023 2364 Views 0 comment Print

CBIC notifies Customs Exchange rate for Import & Export with effect from 19th May, 2023 vide Exchange rate vide Notification No. 36/2023 – Customs (N.T.) Dated : 18th May, 2023. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 36/2023 – Customs (N.T.) | Dated:  18th […]

Master Circular for Registrars to an Issue and Share Transfer Agents

May 17, 2023 3891 Views 0 comment Print

SEBI may consider grant of certificate to an applicant, notwithstanding that another entity in same group has been previously granted registration by it

All directors except KMP not holding board position liable for CSR Violations

May 17, 2023 1800 Views 0 comment Print

KMPs who did not hold Board positions would not be liable under section 135. But all the directors as on that relevant date would be liable on account of the failure to discharge an obligation cast upon them by the law.

Weekly newsletter from Chairman, CBIC dated 17/05/2023

May 17, 2023 1488 Views 0 comment Print

While there is no question that this interpretation is truly its core, integrity actually stands for many more things. As Civil Servants, our primary allegiance is to the Constitution and rule of law which implies that we must apply the laws that we administer in a fair, just and equitable manner.

Liquidation in Violation of IBC- IBBI suspends IP for 2 years

May 16, 2023 825 Views 0 comment Print

The sub-regulation (1) and (10) of Regulation 31A of IBBI (Liquidation Process) Regulations, 2016, requires a liquidator to take advice of consultation committee in respect of sale under regulation 32 and such advice shall not be binding on the liquidator: Provided that where the liquidator takes a decision different from the advice given by the […]

Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2023

May 15, 2023 9969 Views 0 comment Print

MCA notifies Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2023 with effect from 15th day of June, 2023 vide notification, numbered G.S.R. 367(E), dated May 15, 2023, and introduces amendments to the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. Here’s an analysis of the key information conveyed in the notification: Amendment Details: ♦ The amendments […]

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