Follow Us:

Documents furnished at physical verification stage- Confiscation of goods without proper enquiry not valid 

October 22, 2022 1083 Views 0 comment Print

A.S. Enterprise Vs Commissioner of State Tax U.P. (Allahabad High court) The petitioner’s case was that the petitioner could not produce relevant documents at the time of inspection of goods in transit. The same (all documents) were produced at the time of physical verification. The authority declined to verify the same. The detaining authority formed […]

No violation of competition law if ONGC Blacklist tenderer for 2 years for not adhering to terms

October 21, 2022 1392 Views 0 comment Print

Ravinder Singh Bawa Vs Oil And Natural Gas Corporation Limited (Competition Commission of India) The moot question that arises for consideration is whether ONGC had sufficiently indicated its requirements upfront while issuing the tender in question so as to enable interested bidders to assimilate and factor such requirements while placing their technical and financial bids […]

CCI order investigation against IREL (India) for alleged abuse if its dominant position

October 21, 2022 1158 Views 0 comment Print

Beach Mineral Producers Association Vs IREL (India) Ltd (Competition Commission of India) The Commission notes that, until 1988, beach sand mining was restricted to the public sector owing to coexistence of monazite, a heavy mineral used for the production of thorium. Realising the untapped potential in the beach sand minerals sector, the Department of Atomic […]

Collective dominance is not recognised under Competition Act, 2002

October 21, 2022 501 Views 0 comment Print

Competition Commission notes that allegations of Informant pertain to collective dominance by OPs, which is not recognised under Competition Act, 2002

IRDAI forms Committee to study & recommend on Bima Vahak and Bima Vistaar

October 21, 2022 1887 Views 0 comment Print

Latest developments in the technology like Artificial Intelligence (AI)/ Machine Learning (ML) can be gainfully utilized by creating a digital platform to reach the last mile.

Processing Death Claims where Nomination is changed post death of NPS Subscribers

October 20, 2022 894 Views 0 comment Print

Nomination can be made only by the subscriber. However, there are special provisions enabled as per exit regulations for treating the nomination as made in the service records to protect the interest of the subscribers who were employed and covered under NPS through their employers.

Option to allocate 75% of NPS subscriber’s contribution in Asset Class E (Equity) in Tier-I – Reg.

October 20, 2022 870 Views 0 comment Print

PFRDA to allow option to allocate 75% of subscriber’s contribution in Asset Class E (Equity) in Tier-I under active choice without any conditions of tapering from the age of 51 years.

Special treatment cannot be given to any corporate entity in any CIRP: IBBI

October 20, 2022 969 Views 0 comment Print

DC notes that there cannot be an exceptional or special treatment to any corporate entity in any CIRP. While reinforcing the rule of law, every company is to be given the same level playing field, irrespective of its size or the influence of people behind them. Under the existing laws, once CIRP is initiated against […]

Merchant banker cannot carry on any business other than in securities market: SEBI

October 19, 2022 1557 Views 0 comment Print

Regulation 13A of Merchant Bankers regulations states that a merchant banker cannot carry on any business other than in securities market

CBDT notifies Kerala State Electricity Regulatory Commission under Section 10(46)

October 19, 2022 729 Views 0 comment Print

CBDT notifies Kerala State Electricity Regulatory Commission under Section 10(46) vide Notification No. 117/2022-Income Tax | Dated: 19th October, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 117/2022-Income Tax | Dated: 19th October, 2022 S.O. 4936(E). In exercise of the powers conferred by clause (46) of section […]

Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930