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Proposed Systematic Lump sum Withdrawal for NPS Subscribers

  30 Sep 2022   0 comment
Introduction of Systematic Lump sum Withdrawal (SLW) for the benefit of NPS Subscribers and facilitate them with smart withdrawal facility...
Posted Under: Corporate Law |

Homebuyers Benefited from RERA but a long way to go

  24 Sep 2022   0 comment
The Real Estate Regulation & Development Act, 2016 (RERA) was passed in the Parliament in March 2016 & it came into effect from 1st May 2016. In May 2022, RERA completed 6 Years. RERA law, various decisions of Hon. Supreme Court and other judicial forums like NCDRC, NCLT has substantially empowered the India’s Homebuyers. Modi [...
Posted Under: Corporate Law |

ED attached assets worth Rs. 2747.69 Crore in ABG Shipyard Limited case

  23 Sep 2022   0 comment
Directorate of Enforcement (ED) has attached assets worth Rs. 2747.69 Crore in ABG Shipyard Limited case Press Release 22.09.2022 Directorate of Enforcement (ED) has attached assets worth Rs. 2747.69 Crore in ABG Shipyard Limited case. The attached assets include Shipyard at Surat and Dahej located in Gujarat, agricultural lands and plot...
Posted Under: Corporate Law |

Clarification on Media Reports regarding Oil Ministry seeks windfall tax review

  21 Sep 2022   0 comment
There have been some media reports which states that ‘Oil Ministry seeks windfall tax review’. The reports, quoting Ministry of Petroleum & Natural Gas’ letter of August, 2022 have stated that the Ministry has sought changes in the levy of Special Additional Excise Duty (SAED). These reports are misleading. It is clarified t...
Posted Under: Corporate Law |

Amendments in IBBI Liquidation & Voluntary Liquidation Process Regulations

  20 Sep 2022   0 comment
Amendments in IBBI (Liquidation Process) Regulations, 2016 and IBBI (Voluntary Liquidation Process) Regulations, 2017 1. Streamlining the constitution of SCC Present framework ❖ Reg. 31A -*Stakeholders’ Consultation Committee (SCC) be constituted within 60 days from LCD and decision(s) taken prior to that be placed before it, for info...
Posted Under: Corporate Law |

HPZ Token Bitcoin fraud – ED carried out search operations under PMLA

  16 Sep 2022   0 comment
The HPZ Token was an App-Based Token which promised users of large gains against investment by investing in mining machines for Bitcoin and other cryptocurrencies....
Posted Under: Corporate Law |

Capital Gain Exemption – Section 54EC bond discontinued by NHAI

  07 Sep 2022   0 comment
It has been decided to close the 54 EC capital gain bond issue 2022-23 of NHAI with Immediate effect. Accordingly, please ensure that no fresh application/money is accepted for these bonds on or after 3rd September 2022. Bank are requested to freeze the credit in the bank accounts opened for NHAI 54 EC bonds collection from 03rd Sept 2022...
Posted Under: Corporate Law |

63 SCN issued to manufacturers/importers of weighing & measuring instruments

  01 Sep 2022   0 comment
Centre issues 63 show cause notices to the manufactures/importers of weighing and measuring instruments to seek details of compliance Centre, through Department of Legal Metrology has issued 63 show cause notices to the manufacturers/importers of the weighing and measuring instruments for seeking details of compliance. The notices were is...
Posted Under: Corporate Law |

Centre amends Legal Metrology (Packaged Commodities) Rules 2011

  27 Aug 2022   0 comment
The amendment exempts the garment or hosiery industry selling in loose or open from 6 declarations required under the Legal Metrology (Packaged Commodities) Rules, 2011...
Posted Under: Corporate Law |

FTAs with developed world an important agenda of Modi government

  19 Aug 2022   0 comment
Free trade agreements (FTAs) with the developed world an important agenda of Modi government. Textile Industry has a big role in making FTAs a success: Shri Piyush Goyal ...
Posted Under: Corporate Law |

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