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.
We are of the view that the appellant should be permitted to remit the taxes, as quantified in the Form-3 declaration issued to the appellant, subject to of course by also paying interest @ 15% from 01.07.2020 till the date of remittance, which we shall fix as on or before 17.09.2021. If the appellants comply with the said condition, then the appropriate authority under the SVLDR Scheme shall consider the appellant’s application and proceed in accordance with the provisions of the said Scheme.
Ajay Kumar Shukla Vs Arvind Rai (Supreme Court of India) Right to promotion is not considered to be a fundamental right but consideration for promotion has now been evolved as a fundamental right. In this case The plea to defend the seniority list prepared contrary to the statutory provisions on the ground of delay would […]
DRAFT NOTARIES (AMENDMENT) BILL ISSUED FOR STAKEHOLDERS’ CONSULTATION To give opportunity to young eligible legal practitioners aspiring to serve as Notary Public, the draft Bill proposes to restrict the renewal of certificates of practice of Notaries up to two terms The Notaries Act, 1952 was enacted by the Parliament to regulate the profession of Notaries. […]
