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Corporate Law : The issue highlights mandatory annual return filing for LLPs. The key takeaway is that delayed filing attracts heavy daily penalti...
Corporate Law : The issue explains how businesses qualify as local suppliers under procurement rules. The key takeaway is that proper local conten...
Corporate Law : The Court noted that the temple was built and used by local residents for decades. It held that such collective acceptance negates...
Corporate Law : Economic reforms have reshaped employer-employee dynamics and legal structures. The analysis underscores balancing efficiency with...
Corporate Law : Organized crime laws relax traditional evidence rules to secure convictions. Courts balance this with safeguards against misuse. K...
Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....
Corporate Law : The proposal focuses on enabling creditors to initiate resolution while retaining debtor management under supervision. It sets out...
Corporate Law : The amendments arise from the inclusion of a unified “service provider” definition under the Code. The move expands regulatory...
Corporate Law : The issue addressed is ambiguity in authentication and evidentiary value of financial information in insolvency cases. The propose...
Corporate Law : The proposal aligns grievance regulations with the newly introduced definition under the amended Code. It aims to ensure uniform a...
Corporate Law : The Court held that repeated dishonour of cheque and non-payment after notice established a prima facie case. It refused to quash ...
Corporate Law : Bank of India Vs Neurostar Hospital Private Limited (NCLT Mumbai) The application was filed under Section 7 of the Insolvency and ...
Corporate Law : The Tribunal held that appeals filed beyond the statutory 45-day limit cannot be entertained. It ruled that delay exceeding the co...
Corporate Law : The Tribunal held that insolvency proceedings cannot be avoided when total debt is higher than the arbitral claim. It ruled that u...
Corporate Law : The issue involved rejection of a delayed claim in bankruptcy proceedings. The Tribunal held that concealment of material facts by...
Corporate Law : IRDAI delegates Section 34 powers between Whole Time Members and Chairperson. The move aims to streamline enforcement actions and ...
Corporate Law : The Bill mandates seat allocation using updated census figures, replacing decades-old data. It ensures fair representation aligned...
Corporate Law : The notification addressed mandatory reinsurance cession for general insurance policies. It mandates 4% cession to GIC Re, ensurin...
Corporate Law : The government approved a major fund to enhance startup funding through AIFs. The scheme aims to strengthen innovation, especially...
Corporate Law : EPFO permits de-linking of wrongly linked Member IDs even when contributions exist, subject to limits. The circular outlines a str...
MICRO, SMALL & MEDIUM SCALE ENTERPRISES INDUSTRY IN INDIA The Indian Micro, Small & Medium Scale Enterprises (MSME) sector is the backbone of the national economic structure and has unremittingly acted as the bulwark for the Indian economy, providing it resilience to ward off global economic shocks and adversities. With around 63.4 million units throughout the […]
What is LLP? LLP is defined under LLP Act -2008 (Limited Liability Partnership Act-2008) which means partnership formed and registered under this Act and is a legal entity separate from that of its partners. In simple words when two or more persons associated for carrying on a lawful business with a view to profit incorporate […]
The Partners of the proposed firm need to draft a agreed partnership deed agreed mutually by the partners. The deed is required to be printed on Rs. 300 stamp paper. This will be the basic document of registration process. Model of a draft Partnership deed is given below link.
It is a sheer coincidence that a few individuals from India were charged for contempt of court for their expression on judiciary in social media while Twitter exercised its right to hid the views of a politician in connection with racial riots all over U.S.A. a scene not seen for a very long time. Yes, […]
Introduction: 1. Arbitration has become exceptionally strong and widely accepted as a means of resolving disputes. ‘ 2. Exactly how widely accepted is probably impossible to know, but some commentators have suggested that a figure as high as 90% of all international contracts are governed by an arbitration clause. 3. Rapid globalization has meant a […]
ALso Read- Manual for Co-operative Housing Societies in Maharashtra MODEL BYE – LAWS OF COOPERATIVE HOUSING SOCIETY , Maharashtra (Tenant Co‐Partnership Housing Society) Year 2014 Subject Index Particulars bye law no I.PRELIMINARY a. The Name of the Society bye Law no 1. a c. The Society is classification bye Law no 1. c a. The […]
A. Compliance Requirement under GST, 2017 Keeping in view the preventive measures taken to contain the spread of Novel Coronavirus (COVID-19) and the difficulties being faced by the GST taxpayer, Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes & Customs, has extended the due date for Filing GST Returns. GST Compliance Relaxations: […]
What is Employee Provident Fund and the latest amendment. Employees’ Provident Fund or EPF is a popular savings scheme that has been introduced by the EPFO under the supervision of the Government of India. This is focused mainly on the salaried class of India to inbuilt their habit of saving money to build a substantial retirement corpus. The EPF scheme […]
Govt notifies revised criteria for classification of classification of micro, small and medium enterprises (MSME) with effect from 01.07.2020. Also Read PIB Press Release- Govt further revises ceiling limits for MSME Definition New Definitions of MSME with effect from 01.07.2020) Micro enterprises where the investment in Plant and Machinery or Equipment does not exceed one […]
Govt of India decided for further upward revision of the ceiling limits for the Medium Enterprises in the MSME Definition. This will help in attracting Investments & creating more jobs in the MSME sectors & encourage Medium Enterprises to invest even more. Read Notification – Govt notifies revised criteria for classification of MSME Ms. Meghna […]
