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The Evolving Jurisprudence of section 34 of Indian Arbitration & Conciliation Act, 1996

August 1, 2020 17844 Views 0 comment Print

Section 34 of the Arbitration and Conciliation Act, 1996 (Act) provides for setting aside of an arbitral award by making an application to the Court, on the grounds stated therein. It would not be wrong to say that section 34 of the Act has evolved since 1996 to what we read today. This evolution can […]

Ind AS amendment for Financial Year 2020-21

August 1, 2020 46842 Views 5 comments Print

Issued by Ministry of Corporate Affairs in consultation with the National Financial Reporting Authority On 24th July, 2020 the Ministry of Corporate Affair (MCA) vide notification dated 24th July, 2020 has exercised the powers conferred by section 133 read with section 469 of the Companies Act, 2013, the Central Government, in consultation with the National […]

Onus on Inventory e-commerce Entities under New E-commerce Policy 2020

August 1, 2020 2217 Views 0 comment Print

Before understanding the  obligations of Inventory E-commerce Entities under New e-commerce Policy , we need to know the definition of  ‘Inventory e-commerce entity’. As per the Consumer Protection (E-Commerce) Rules, 2020 ‘inventory e-commerce entity’ means an e-commerce entity which owns the inventory of goods or services and sells such goods or services directly to the […]

New Pension Scheme

August 1, 2020 1887 Views 0 comment Print

New Pension Scheme Everyone has a retirement plan for travel, leisure, meeting daily expenses, only one can enjoy retirement if one has available funds. Retirement is the condition when there is no active income, unlike developed countries, there is no Government support. With increasing, medical advancement life expectancy after retirement is about 25-30 years. It […]

Four changes applicable from 1st August, 2020

August 1, 2020 4836 Views 0 comment Print

From 1st August, 2020 some rules are getting change. The changes may affect our life. The new rule will be implemented after replacing old one. These changes include the rate of contribution in EPF, change in insurance, interest rate rules on bank accounts. EPF will be deducted @ 12% The Finance Minister announced that monthly […]

‘Meaning of Business’- Amendments in Ind AS 103 Decoded

August 1, 2020 10236 Views 1 comment Print

Recently the MCA issued notification dated 24/07/2020 wherein a number of amendments are introduced in IndAS 103, 107, 109, 116, 7, 8, 10, 34 and 37. We will be here discussing the amendments brought in IndAS 103. It is worthy to  note that the changes are in line with changes introduced by IASB in IFRS […]

Highlights of National Education Policy 2020

August 1, 2020 5727 Views 0 comment Print

1. Principal of the Policy a. To develop good human beings capable of rational thought and action, possessing compassion and empathy, courage and resilience, scientific temper and creative, imagination, with sound ethical moorings and values. b. It aims at producing engaged, productive, and contributing citizens for building an equitable, inclusive, and plural society as envisaged […]

Cross-Examination & Principles of Cross-Examination

August 1, 2020 214437 Views 7 comments Print

Cross-examination can make or destroy a case. It is the keystone to a successful trial. Because of the dramatic possibilities inherent in cross-examination, it has become the favourite courtroom device to be exploited by the cinema and television. But what actually the cross-examination is. In this article we can learn about Cross-Examination, Principles of Cross-Examination […]

Analysis of notification on rules for investigation of NCLT & NCLAT’s members

August 1, 2020 2115 Views 0 comment Print

Analysis of ministry of corporate affair’s notification on rules for investigation of NCLT and NCLAT’s members The Ministry of Corporate Affairs on July 28, 2020 notified The National Company Law Tribunal and National Company Law Appellate Tribunal (Procedure for investigation of misbehavior or incapacity of Chairperson, President and other Members) Rules, 2020. This has been […]

Publication of PA & Letter of offer SEBI (SAST) Regulation, 2011- Part-V

August 1, 2020 957 Views 0 comment Print

1.  Regulation 14(1)  The PA shall be sent to all the stock exchange where the shares of the Target company are listed, and the stock exchange immediately communicates such information to the public. 2. Regulation 14(2)  The PA shall be send to Board and to the target company at its registered office within 1 working day of […]

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