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Financial year & First AGM of newly incorporated Company

July 26, 2020 193521 Views 4 comments Print

Financial year and First Annual General Meeting (AGM) of newly incorporated Company. Under the Companies Act, 1956 (‘Old Act’), it was open to the Companies to determine any period as their financial year (for example- 1st April to 31st March or 01st January to 31st December). However, the Companies Act 2013 (‘New Act’) did not give this leverage as New Act […]

New Consumer Protection Act, 2019- False & Misleading Advertisements

July 25, 2020 32091 Views 0 comment Print

The Consumer Protection Act, 2019 (‘New Act’) received the assent of the President of India and was published in the official gazette on 9th August 2019. This New Act will replace the old Consumer Protection Act, 1986 (‘Old Act’). The New Act will come into force on such date as the Central Government may so […]

Power to declare any terms of contract as ‘null & void’ under New Consumer Protection Act, 2019

July 25, 2020 7410 Views 0 comment Print

The Consumer Protection Act, 2019 (‘New Act’) received the assent of the President of India and was published in the official gazette on 9th August 2019. This New Act will replace the old Consumer Protection Act, 1986 (‘Old Act’). The New Act will come into force on such date as the Central Government may so […]

Inclusion of E-commerce under New Consumer Protection Act, 2019

July 24, 2020 7710 Views 0 comment Print

The Consumer Protection Act, 2019 (‘New Act’) received the assent of the President of India and was published in the official gazette on 9th August 2019. This New Act will replace the old Consumer Protection Act, 1986 (‘Old Act’). The New Act will come into force on such date as the Central Government may so […]

Effective dates of provisions related to Consumer Protection Act, 2019

July 24, 2020 3279 Views 0 comment Print

–Notification No. S.O. 2351(E) dated 15th July 2020. -Notification No. S.O. 2421(E) dated 23rd July 2020. The Consumer Protection Act, 2019 (‘New Act’) received the assent of the President of India and was published in the official gazette on 9th August 2019. This New Act will replace the old Consumer Protection Act, 1986 (‘Old Act’). […]

New Consumer Protection Act, 2019- Product Liability & Penal Consequences

July 24, 2020 9063 Views 0 comment Print

The Consumer Protection Act, 2019 (‘New Act’) received the assent of the President of India and was published in the official gazette on 9th August 2019. This New Act will replace the old Consumer Protection Act, 1986 (‘Old Act’). The New Act will come into force on such date as the Central Government may so […]

Form PAS-6 Half Yearly Reconciliation of Share Capital Audit Report

July 20, 2020 2388 Views 0 comment Print

In the year September 2017, the Ministry of Corporate Affairs (‘MCA’) had struck off 2,00,000 Companies from the record of Registrar of Companies (‘ROC’) that were suspected to be ‘shell companies’ and also directed banks to restrict the operation of bank accounts of these companies by the directors or their authorized representatives. It is crucial to […]

Detailed Analysis of The Consumer Protection Act, 2019

July 19, 2020 36222 Views 4 comments Print

The Consumer Protection Act, 2019 (New Act) Notification No. S.O. 2351(E) dated 15th July 2020  The Consumer Protection Act, 2019 (‘New Act’) received the assent of the President of India and was published in the official gazette on 9th August 2019. This New Act will replace the old Consumer Protection Act, 1986 (‘Old Act’). The […]

File Form PAS-6 till 13th September, 2020

July 17, 2020 4317 Views 0 comment Print

Be ready to file Form PAS-6 [Reconciliation of Share Capital Audit Report (half-yearly)] till 13th September, 2020 The Ministry of Corporate Affairs (MCA) has introduced a new form i.e. Form PAS-6 [Reconciliation of Share Capital Audit Report (half-yearly)] which is basically used for the reconciliation of the share capital audit report on the half-year basis. […]

Hon’ble SC refuses to interfere with period of validity of cheque

July 15, 2020 4482 Views 0 comment Print

REG: SUO MOTU WRIT PETITION(CIVIL) NO. 3 OF 2020 [IN RE-COGNIZANCE FOR EXTENSION OF LIMITATION] In Suo Moto Writ Petition (C) No. 3/2020, by order dated 23.03.2020 and 06.05.2020, Apex Court ordered that all periods of limitation prescribed under the Arbitration and Conciliation Act, 1996 shall be extended w.e.f. 15.03.2020 till further orders. However, some […]

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