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Delayed submission of special resolution altering MOA- MCA imposes penalty

April 6, 2022 825 Views 0 comment Print

The order states that the members of the company had passed a special resolution to alter the main objects clause of the Memorandum of Association at an Extraordinary General Meeting held on January 30, 2021. As per Section 117 of the Companies Act, 2013, the resolution was required to be filed within 30 days. However, the company filed the required form, MGT-14, with a delay of 261 days.

MCA grants permission to ROC to file complaint against CA/CS

April 5, 2022 6183 Views 0 comment Print

Request to grant sanction to file complaint before Professional Institutes against professionals i.e Chartered Accountants and Company Secretaries – This post contains 9 page list of MCA asking to file complaints against CAs and CSs with ROC of Delhi and Haryana. 

Regarding correct submission of return(s) under GST

April 5, 2022 2715 Views 1 comment Print

The Section 53 of CGST Act/RGST Act and Section 17, 18 of the IGST Act read with the Goods and Services Tax Settlement of Funds Rules, 2017 provides for the manner of cross utilization of IGST or may be of SGST and apportionment of IGST between Centre, States and within State for the purpose of settlement or transfer of funds from the Centre to State or vice versa.

Contribution to provident fund – Calculation & deduction of taxable interest

April 5, 2022 13008 Views 0 comment Print

DS will be applicable in case of PF final settlement, transfer claims, on transfer from Exempted establishments to EPFO and vice versa, on transfer from one Trust on another, past accumulations transfer, at the time of annual accounts processing, on back period accounting after accounts for year 2021­22 are processed.

CBDT notifies e-Dispute Resolution Scheme, 2022

April 5, 2022 7131 Views 1 comment Print

CBDT notifies e-Dispute Resolution Scheme, 2022 vide Notification No. 27/2022 – (Income Tax) | Dated: 5th April, 2022. The dispute resolution under this Scheme shall be made by the Dispute Resolution Committee on applications made for dispute resolution under Chapter XIX-AA of the Act in respect of dispute arising from any variation in the specified order […]

What is Aadhaar and its Features, Eligibility, benefits

April 5, 2022 1251 Views 0 comment Print

Q.1 Can the Registrar add / remove Introducers at a later stage? Ans. Yes, Registrars can add / remove / modify Introducers at a later stage. The area of operations of an Introducer can also be modified at a later stage. UIDAI encourages Registrars to review performance of Introducers on an on-going basis and make […]

ICSI Suggested Format of Compliance Certificate under SEBI ICDR Regulations

April 4, 2022 4104 Views 0 comment Print

SUGGESTED FORMAT  COMPLIANCE CERTIFICATE (Pursuant to Regulation 163(2), Part III of Chapter V of the SEBI (Issue of Capital and  Disclosure Requirements) Regulations 2018 including any amendment/modification thereof) To The Board of Directors ___________________ (Name of the Company) ____________________ (Address) I/We___________ , Practising Company Secretary/ Company Secretaries have been appointed vide by Letter no. ___ dated […]

Footwear Design and Development Institute, Secretary Recruitment (Amendment) Rules, 2022

April 4, 2022 507 Views 0 comment Print

These rules may be called the Ministry of Commerce and Industry, Footwear Design and Development Institute, Secretary Recruitment (Amendment) Rules, 2022. They shall come into force on the date of their publication in the Official Gazette.

SEBI notifies Demat Debit and Pledge Instruction

April 4, 2022 2820 Views 0 comment Print

For transfer of securities held in the beneficial owner account of the client towards Stock Exchange related deliveries / settlement obligations arising out of trades executed by such a client on the Stock Exchange through the same stock broker.

Stamp duty not payable on Oral Family Settlements put in Writing Only for Information

April 3, 2022 26310 Views 0 comment Print

Himani Walia Vs Hemant Walia & Ors (Delhi High Court)  Delhi High Court held that family settlements are not required to be compulsorily registered, and stamp duty is not required to be compulsorily paid in respect of the same, when the settlement has been arrived at initially as an oral partition and is thereafter put […]

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