Explore the PCPL and RK-JV Vs State of Bihar case regarding GST appeal rights and the tribunal’s absence, with insights into statutory remedies and court directives.
Registrar of Companies (Karnataka) has issued an order adjudicating penalties on Vidyuttech Services Private Limited for violating provisions of section 42 Companies Act, 2013 related to private placement of securities. Company accepted money before passing relevant resolutions and issued private placement offer letters without filing the required resolutions with the Registrar. The company, along with […]
MCA’s imposed penalty on Yuva Nidhi Company Limited for exceeding borrowing limits without shareholders’ approval, in violation of the Companies Act, 2013.
The Ministry of Corporate Affairs announces the appointment of new Judicial and Technical Members in the National Company Law Tribunal.
In Associate Décor Limited Vs Deputy Commissioner case, Karnataka HC weighs moratorium’s effect on tax proceedings under IBC, halting them pending resolution.
CBDT issued Notification No. 29/2023- Income-Tax specifying certain classes of persons for the purpose of sub-clause (ii) of the first proviso to clause (viib) of sub-section (2) of Section 56 of the Income Tax Act. The notification includes government and government-related investors, banks or entities involved in insurance business subject to applicable regulations, and various entities […]
SEBI Consultation paper on draft SEBI (Prohibition of Unexplained Suspicious Trading Activities in the Securities Market) Regulations, 2023 Securities and Exchange Board of India (SEBI) has released a consultation paper to gather public comments on the draft SEBI (Prohibition of Unexplained Suspicious Trading Activities in the Securities Market) Regulations, 2023. The objective of the paper […]
SEBI Consultation Paper on Price Band formulation for scrips in Equity Derivatives segment to strengthen volatility management and minimise information asymmetry
SEBI has issued a circular requiring REITs to hold securities of holding companies and SPVs in dematerialized form only.
SEBI issued a circular requiring Infrastructure Investment Trusts (InvITs) to hold securities of Hold Cos and SPVs (Special Purpose Vehicles) in dematerialized form.
