Part I – Law(s) Governing the eForm MSC-4 Section and Rule Number(s) e-Form MSC-4 is required to be filed pursuant to Section 455(5) of the Companies Act, 2013 and Rule 8 of Companies (Miscellaneous) Rules, 2014 which are reproduced for your reference. Section 455 (5): A dormant company shall have such minimum number of directors, […]
Creation of Jobs by Startups Startup India is a flagship initiative of Government of India which aims at building a strong ecosystem for nurturing innovation and Startups in the country. This initiative was launched on 16th January 2016. The startups are recognized as per eligibility conditions prescribed under G.S.R. notification 127 (E) dated 19th February, 2019. […]
Collaboration with Foreign Companies under Atmanirbhar Bharat The Government announced Atmanirbhar Bharat Abhiyan – a special economic package of Rs20 lakh crore on 12.05.2020 with the aim of making the country self-reliant and to focus on local manufacturing. It focuses on preparing the country for tough competition in global supply chains, enhance the ease of […]
An IRP / RP is appointed by the AA and is duty bound to conduct CIRP with fairness and diligence and must maintain absolute independence in discharge of his statutory duties without any external influences. The entire resolution process of a CD is dependent on the IRP/ RP who is primarily responsible for efficiently and […]
Currently, the benchmark rate for Foreign Currency (FCY) External Commercial Borrowings (ECB)/Trade Credit (TC) is specified as 6-months LIBOR rate or any other 6-month interbank interest rate applicable to the currency of borrowing. In view of the imminent discontinuance of LIBOR, any widely accepted interbank rate or alternative reference rate (ARR) applicable to the currency of borrowing may be used as a benchmark, post discontinuation.
The reverse repo rate under the LAF remains unchanged at 3.35 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 4.25 per cent.
This is reference to our previous communication sent to your company regarding the issues faced by the distributor fraternity by the eB2B companies unethical predatory polices. We refer to few eB2B companies like Jiomart, Walmart, Metro Cash n Carry, Booker, elasticrun udaan etc.
eForm INC-6 – One Person Company and Private Company – Application for Conversion Part I – Law(s) Governing the eForm Section and Rule Number(s) e-Form INC-6 is required to be filed pursuant to Section 18 of the Companies Act, 2013 and Rule 6 and 7(4) of the Companies (Incorporation) Rules, 2014. Purpose of the e-Form […]
PCIT Vs Karavali Housing (Karnataka High Court) Section 80IB (10) it is not the mandate of the Section that the housing project must be on a vacant plot of land having minimum area of one acre and that where a new housing project is constructed on a plot of land having minimum area of one […]
This Order may be called the Air Conditioner and its related Parts, Hermetic Compressors and Temperature Sensing Controls (Quality Control) Amendment Order, 2021.
