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MahaRERA: Introduction of real estate agent training and certification

January 10, 2023 4263 Views 0 comment Print

With effect from 01.05.2023, only those real estate agents who have a valid MahaRERA Real Estate Agent Certificate of Competency can apply for MahaRERA real estate agent registration / renewal of registration.

Introduction of future contracts on Corporate Bond Indices

January 10, 2023 609 Views 0 comment Print

In order to enhance liquidity in the bond market and also to provide opportunity to the investors to hedge their positions, SEBI had constituted a working group of representatives of NSE, BSE and MSEI to make recommendations on the matter of ‘Derivatives on Bond Indices.’

Non-filing of Annual Returns – MCA imposes penalty on Access Technet Private Limited

January 10, 2023 696 Views 0 comment Print

MCA imposes total penalty of Rs. 10,28,000 on ‘Access Technet Private Limited’ and its directors for violation of Section 92 (non-filing of Annual Return) and 137 (non-filing of Financial Statement) of the Companies Act, 2013 for the financial year 2018-19, 2019-2020 & 2020-21. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS OFFICE OF THE REGISTRAR OF […]

An Analysis on Corporate Governance in PSUs

January 10, 2023 17892 Views 0 comment Print

The system and framework of the Indian Economy is quite different as compared with others. India is a country with mixed economy, both public sector and private sector plays a huge role in the overall economic growth of the country.

SOP- Aadhaar Seeding process for Lite/APY Subscribers

January 10, 2023 1212 Views 0 comment Print

It needs to be ensured that the name of the subscriber and Date of Birth (DoB) as per CRA records do match with the information available in Aadhaar.

Comprehensive Framework on Offer for Sale of Shares through Stock Exchange Mechanism

January 10, 2023 3645 Views 0 comment Print

All promoter(s) or promoter group entities of such companies that are eligible for trading and are required to increase public shareholding to meet the minimum public shareholding requirements in terms of Rule 19(2)(b) and 19A of Securities Contracts (Regulation) Rules, 1957 (SCRR), read with Regulation 38 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Assessee can challenge reopening notice at the stage of challenging consequential Assessment order: HC

January 10, 2023 2883 Views 0 comment Print

Auroglobal Comtrade Private Limited Vs Chairman, CBDT & Others (Orissa High Court) HC declined to accept challenge to the Reopening notices under Section 148-A(1)(b) of the Act as well as the consequential order under Section 148-A(1)(d) of the Act by holding that the Petitioners/Assessees in those cases would have a full opportunity of urging all […]

Re­opening notice can be challenged with reassessment order before HC

January 10, 2023 3576 Views 0 comment Print

Punjab and Haryana HC rejects interference at early stage in Anshul Jain Vs PCIT case. The court holds that objections can be raised in re-assessment proceedings.

Implementation of RoDTEP Committee report in relation to Anomalies etc

January 9, 2023 1752 Views 0 comment Print

The revised Appendix 4R, after incorporating changes recommended by the RoDTEP Committee in relation to apparent errors and anomalies in 432 HS Codes in the earlier notified RoDTEP rates/caps, is being notified and will be applicable for exports made from 16.01.2023 to 30.09.2023.

Mode of settlement for trades executed on Request for Quote (RFQ) platform

January 9, 2023 786 Views 0 comment Print

It is clarified that, in addition to the existing payment mechanisms, payment mechanisms provided by banks/ payment aggregators authorised by Reserve Bank of India, from time to time, may be used for settlement of trades executed on the RFQ platform.

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