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eForm PAS-3 | Return of allotment

December 15, 2021 37206 Views 0 comment Print

eForm PAS-3 is required to be filed pursuant to Section 39(4) and 42(9) of the Companies Act, 2013 and rule 12 and 14 Companies (Prospectus and Allotment of Securities) Rules, 2014

eForm DPT-3 – Return of Deposits

December 15, 2021 22818 Views 0 comment Print

Part I – Law(s) Governing the eForm DPT-3 eForm DPT-3 is required to be filed pursuant to rule 16 and 16A of the of the Companies (Acceptance of Deposits) Rules, 2014 which are reproduced for your reference. Rule 16: Return of deposits to be filed with the Registrar: Every company other than Government company to […]

Uber challenges GST applicability on Auto Rickshaws services

December 15, 2021 2916 Views 0 comment Print

Petitioner submits that the impugned notifications are violative of Article 14 of the Constitution of India as they fail to satisfy the test of reasonable classification. He states that no differentiation in tax treatment can be created between passenger transport services rendered by auto drivers facilitated through e-commerce platforms versus passenger transport services rendered by auto drivers offline.

Release Vehicle subject to Payment of applicable GST: HC directs GST Authorities

December 15, 2021 1356 Views 0 comment Print

Respondent is directed to release the vehicle subject to payment of the applicable SGST and CGST by the petitioner to be treated as deposit. The respondent shall issue appropriate notice to the petitioner to show cause as to why SGST and CGST directed to be deposited should be demanded and why penalty should not be imposed on the petitioner.

MCA signs MOU for data exchange with FIU-India

December 15, 2021 1911 Views 0 comment Print

Ministry of Corporate Affairs and Financial Intelligence Unit-India sing MoU for data exchange between the two organisations A formal Memorandum of Understanding (MOU) was signed today between the Ministry of Corporate Affairs (MCA) and Financial Intelligence Unit-India, Ministry of Finance for data exchange between the two organizations. The MoU was signed by Shri Manoj Pandey, Joint […]

Prompt Corrective Action (PCA) Framework for NBFCs

December 14, 2021 2550 Views 0 comment Print

The objective of the PCA Framework is to enable Supervisory intervention at appropriate time and require the Supervised Entity to initiate and implement remedial measures in a timely manner, so as to restore its financial health.

Central Government notifies operating lease as financial product

December 14, 2021 2115 Views 0 comment Print

Central Government hereby notifies operating lease including any hybrid of operating and financial lease of such product or equipment as may be specified by International Financial Services Centres Authority, as financial product.

Dam Safety Act, 2021

December 14, 2021 2124 Views 0 comment Print

It is hereby declared that it is expedient in the public interest that the Union should take under its control the regulation of uniform dam safety procedure for specified dam to the extent hereinafter provided.

All about filing of eForm MSME FORM I

December 13, 2021 6477 Views 0 comment Print

eForm MSME FORM I – Form for furnishing half yearly return with the registrar in respect of outstanding payments to Micro or Small Enterprises. Part I – Law(s) Governing the eForm MSME FORM I Section and Rule Number(s) eForm MSME FORM-I is required to be filed pursuant to Order dated 22 January, 2019 issued under […]

eForm FC-1 -Information to be filled by Foreign Company

December 13, 2021 16476 Views 1 comment Print

Part I – Law(s) Governing the eForm FC-1 Section and Rule Number(s) eForm FC-1 is required to be filed pursuant to Section 380(1) (a) to (h) and Rule 3(3) of the Companies (Registration of Foreign Companies) Rules, 2014 which are reproduced for your reference: Section 380: (1) Every foreign company shall, within thirty days of […]

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