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RBI Fair Practices Code for Asset Reconstruction Companies

July 16, 2020 1047 Views 0 comment Print

Asset Reconstruction Companies (ARCs) are advised to put in place Fair Practices Code (FPC) duly approved by their Board. In the matter of recovery of loans, ARCs shall not resort to harassment of the debtor. ARCs shall ensure that the staff are adequately trained to deal with customers in an appropriate manner.

GST rate on alcohol based hand sanitizers- Govt clarifies

July 16, 2020 3879 Views 0 comment Print

 It is stated  that hand sanitizers attract GST at the rate of 18%. Sanitizers are disinfectants like soaps, anti-bacterial liquids,  dettol etc which  all  attract duty standard rate of 18% under the GST regime. The GST rates  on various items are  decided by the GST  Council where the Central Government and  all the state governments together deliberate and take decisions.

Guidelines on settlement of claims on treatment at temporary hospitals

July 16, 2020 660 Views 0 comment Print

In view of increase in number of COVID-19 cases, in order to leverage on the extant healthcare systems put in place, it is important to recognise the make-shift or temporary hospitals permitted by Government for settlement of health insurance claims for insurance companies.

Procedure for allocation of import authorization of Power tillers

July 15, 2020 684 Views 0 comment Print

DGFT vide Public Notice No. 13/2015-2020 dated 15.07.2020 has prescribed the procedure for Import authorisations to implement the restriction imposed on Import of power tillers and its components Government of India Ministry Of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 13/(2015-2020)-DGFT New Delhi: Dated 15th July, 2020 Subject: […]

Approver who has been granted pardon U/s. 306(1) of CrPC can be released on bail

July 15, 2020 21099 Views 0 comment Print

Rajkumar Sahu Vs State of Chhattisgarh (Chhattisgarh High Court) Approver who has been granted pardon under Section 306(1) of the CrPC can be released on bail in exercise of inherent jurisdiction under Section 482 of the CrPC. FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT 1. Proceedings of this matter were taken for final hearing […]

Consumer Protection Act, 2019- Section notified WEF 20.07.2020

July 15, 2020 4716 Views 0 comment Print

Central Government hereby appoints the 20th day of July, 2020 as the date on which the following provisions of Consumer Protection Act, 2019 shall come into force

Consumer Protection (General) Rules, 2020

July 15, 2020 7179 Views 0 comment Print

Consumer Protection (General) Rules, 2020. Manner of issuing invoice or bill or cash memo or receipt for goods sold or services rendered.– (1) Every invoice, bill, cash memo or receipt for goods sold or services rendered, issued by a seller shall have the following minimum particulars, namely:-

Consumer Protection (Consumer Disputes Redressal Commissions) Rules, 2020

July 15, 2020 6156 Views 0 comment Print

1) These rules may be called the Consumer Protection (Consumer Disputes Redressal Commissions) Rules, 2020. (2) They shall come into force on the 20th day of July,2020.

Transitional Credit Issue- Decide on Taxpayer representation: HC

July 15, 2020 834 Views 0 comment Print

Explore Ankit Babeley vs. State of M.P. & Ors. case. Petitioner seeks permission to file Trans-1 for claiming transitional credit. High Court’s directive to respondents regarding pending representation.

SEBI permits to list NCDs/NCRPS/CPs based on financials as on 31.12.2019

July 15, 2020 1377 Views 0 comment Print

It has been decided to permit listed Issuers who have issued NCDs/NCRPS/CPs, on or after July 01, 2020 and intend/propose to list such issued NCDs/NCRPS/CPs, on or before July 31, 2020, to use available financials as on December 31, 2019.

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