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Corporate Law : Orissa High Court rules Magistrate can order probe against public servants only after considering their defence and superior offic...
Corporate Law : Maharashtra IT & ITES Policy 2023 aims to boost IT investment, create jobs, support emerging technologies, and enhance data center...
Corporate Law : In the legal domain, AI's role is increasingly critical, particularly in patent law, where the question of inventorship and patent...
Corporate Law : Explore the complexities of enforcing maritime sanctions, focusing on legal hurdles, international compliance, and the impact on s...
Corporate Law : Delhi HC quashes an FIR citing misuse of Section 498A IPC, highlighting false dowry harassment allegations and the need for legal ...
Corporate Law : Key IBC case law updates from Oct-Dec 2024, covering Supreme Court and High Court decisions on CoC powers, resolution plans, relat...
Corporate Law : The Government clarified that no cooperative sector companies in Maharashtra are declared corrupt under IBC, 2016, and Barshi Text...
Corporate Law : CCI's directive restricting WhatsApp data sharing for ads faces an interim stay by NCLAT. Government awaits legal resolution on da...
Corporate Law : IBBI denies RTI appeal citing fiduciary exemption under Section 8(1)(e). The requested MSME-related information was withheld. Appe...
Corporate Law : The National Pension System (NPS) offers flexible, low-cost pension options with digital accessibility, aiming to expand coverage ...
Corporate Law : The Bombay High Court quashed a CBDT order denying tax benefits to Tata Autocomp Gotion Green Energy, citing violations of natural...
Corporate Law : Supreme Court held that in disciplinary proceedings, the Disciplinary Authority is not required to be recorded detailed reasons in...
Corporate Law : Appellate Tribunal overturns Benami property attachment order in Rachakonda Srinivas Rao case, citing lack of ownership transfer a...
Corporate Law : Patna HC rules that ED cannot arrest under PMLA after Special Court takes cognizance unless permitted. Arrest powers cease post-in...
Corporate Law : Bombay High Court held that serving signed copy of arbitral award to employee of the partnership firm is not proper service of sig...
Corporate Law : IBBI disposes RTI appeals citing data limitations and exemptions under Section 7(9) and Section 8 of the RTI Act....
Corporate Law : Arles Maxent Associates LLP and its designated partners fined ₹1.5 lakh by Chennai ROC for violating Section 13 of the LLP Act,...
Corporate Law : Insolvency Professional Ahsan Ahmed penalized Rs. 50,000 by IBBI for assigning voting rights to related parties in SDU Travels Pvt...
Corporate Law : Dr. Bhushan Kumar Sinha takes charge as Whole Time Member of IBBI on Feb 11, 2025. He brings expertise in banking, finance, and ec...
Corporate Law : IBBI’s First Appellate Authority reviews RTI appeals by Kairav Anil Trivedi, addressing disclosure requests under the RTI Act. K...
All units with Goods and Services Tax Identification Number (GSTIN) listed against the same Permanent Account Number (PAN) shall be collectively treated as one enterprise and turnover and investment figures for all such entities shall be seen together and only the aggregate values will be considered for deciding the category as a micro, small or medium enterprise.
[MSME Notification No. S.O.2119 (E), dated the 26th June, 2020] Ministry of Micro, Small and Medium Enterprises (MSME) has come out with a Consolidated Notification No. S.O.2119 (E), dated the 26th June, 2020 (referred as “said notification”)in the form of guidelines for classification and registration of MSMEs to be effected from July 1, 2020. In […]
Stay against Penalty order under IBC allowed against petitioner who has violated Terms of Moratorium
MSME – (MICRO, SMALL AND MEDIUM ENTERPRISES)- WHAT IS NEW FROM 1st JULY, 2020 The Government of India is committed to make India totally self-reliant i.e. ‘Atmnirbhar Bharat’. The matter of changing the definition of MSMEs upwardly was under process, finally it got notified vide notification S.O. 2119(E) dated 26th June 2020 –the Central Government, […]
Commercial Tax Officer & Anr. Vs Mohan Brewaries and Distrilleries Ltd. (Supreme Court) Appeal filed by the revenue (Civil Appeal No. 7164 of 2013) is partly allowed by holding that the purchase turnover of the empty bottles purchased by the assessee from the unregistered dealers under bought note is exigible to purchase tax under Section […]
1. Activities permitted during Unlock 2 period outside Containment Zones In Areas outside containment Zones, all activities will ha permitted, excerpt the following: (i) Schools, colleges, education and coaching institutions will remain closed till 31 July 2020, Online/ distance learning shall continue to be permitted arid shall be encouraged.
Decoding the Notification issued by Ministry of Micro Small and Medium Enterprise on June 26, 2020 The Finance Minister had made announcement on May 13, 2020 regarding proposed changes to be made in definition of Micro Small and Medium Enterprise (MSME) and had mentioned that turnover will also be included as one of the criteria […]
Relevant Sections: Section 5 & 6 under the Competition Act, 2002. What is Combination? Section 5 of the Competition Act, 2002 Combination means- The acquisition of One or more enterprise by one or more persons, or Merger or Amalgamation of enterprise shall be a combination of such enterprises and persons or enterprises, if- Situation 1. Any […]
The government recently revised the definition of the MSME through the notification dated 1st June, 2020 which shall come into effect from 1st July, 2020. However, in the supersession of this notification and other notifications issued on 30th June, 2017, 1st November, 2013 and 5th October, 2006 respectively, Ministry of MICRO, SMALL AND MEDIUM ENTERPRISES […]
Employees’ Provident Fund Organization (EPFO), India Ministry of Labour & Employment, Government of India has issued Instructions for transfer online EPF during this Pandemic situation (COVID-19). In case of change of Job, it is important to switch EPF account from previous employer to the new employer. Prerequisites FOR online EPF transfer: i. must have active […]