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A Bird’s Eye View of RERA, 2016 through the lens of Newtech Promotors & Developers Vs State of UP & Ors.

January 27, 2022 1509 Views 0 comment Print

The legislative intent of the statute and its application in practise by the judiciary has always been a race to perfection with one leading the other and the case of Real Estate (Regulation and Development) Act, 2016 is no different. The Act, 2016 came on the statute book with all its provisions in force on […]

Change of Registered office of A company Under Companies Act, 2013

January 27, 2022 7269 Views 0 comment Print

SHIFTING OF REGISTERED OFFICE UNDER COMPANIES ACT, 2013 REGISTERED OFFICE is the place where all documents and notices are sent to the company. It is mentioned in the Situation clause of the Memorandum of Association. SHIFTING OF REGISTERED OFFICE MEANS CHANGE IN THE PLACE OF THE REGISTERED OFFICE.IT MAY BE IN THREE WAYS BROADLY 1. […]

Principal Vs. Principle

January 27, 2022 2472 Views 0 comment Print

DRAFTING TIP  PRINCIPAL vs. PRINCIPLE Principal and Principle look and sound alike, yet have different meanings. While Principal can be a noun or an adjective, Principle is a noun. PRINCIPAL:- When Principal is used in form of a noun it means:- 1. Main / head person, such as the Principal of a school. (to remember […]

Order imposing interest on gross GST amount quashed for Violation of Principle of Natural Justice

January 27, 2022 2103 Views 0 comment Print

Manshi Automobiles Vs Union of India (Patna High Court) We form an opinion that the order is bad in law. This we say so, for two reasons- (a) violation of principles of natural justice, i.e. Fair opportunity of hearing. No sufficient time was afforded to the petitioner to represent his case; (b) order passed ex […]

All you want to know about e-Aadhaar Card

January 27, 2022 11385 Views 0 comment Print

The present article covers all the basic topics one needs to know about e-Aadhaar Card like the benefits of e-Aadhaar card; information listed on an e-Aadhaar card; download of e-Aadhaar card; download of e-Aadhaar by name and birth date; masked Aadhaar card and download thereon and FAQs. Benefits of e-Aadhaar Card- Benefits of e-Aadhaar Card […]

Food Registration, Licence, Renewal and FAQs

January 27, 2022 7134 Views 0 comment Print

All the food business operators engaged with manufacturing, processing, storage distribution and transportation of food products are required to obtain FSSAI registration or license. Food registration or license is required to be taken by food business operators to ensure quality of food products. Licenses and Registrations are granted to Food Business Operators in a 3 […]

Multi-Disciplinary Firm- A new form of Partnership Firm in India

January 27, 2022 14616 Views 0 comment Print

Introduction- Multi-Disciplinary Firm (MDF) or a Mega Firm means a Partnership Firm with more than 25 Partners. It is a Partnership Firm which provides a Professional Service as its main or core service along with other non-core Professional Services. Say for example, ABC and Associates, Company Secretaries, is providing Company Law and Corporate Law Services […]

Taxability of Income from Share Market

January 27, 2022 15003 Views 12 comments Print

When the corona pandemic first hit the Indian stock market in March, 2020, it became a complete mess with tons of loses. But the time that came after that made stock market a sensational topic discussed at every corner of the city. A large group of retailers are engaged in stock market activity without any […]

Everything you need to know about NREGA/MGNREGA

January 27, 2022 12903 Views 1 comment Print

NREGA is an abbreviation form of ‘National Rural Employment Guarantee Act, 2005’. However, at the time of launching, the name of the Act was renamed to ‘Mahatma Gandhi National Rural Employment Guarantee Act’, shortly known as MGNREGA. MGNREGA is applicable to rural areas of all the states of India except area which has a 100% […]

FM Madam: Please withdraw Super Rich Tax

January 26, 2022 7701 Views 2 comments Print

It is an anomaly that Individuals & HUFs are being subjected to Income Tax at the highest rates. Majority of the Corporate Sector is paying Income Tax of 25.17% including cess & surcharges. The LLPs & Partnership entities pay 31.2% Income Tax including cess. But, with the introduction of Super Rich Tax in Budget 2019, […]

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