The old legal maxim reads ‘Justice delayed is justice denied’. It means that if legal redressal or equitable relief to an injured party is not available early, it is effectively the same as having no remedy at all. Justice is one of civilisation’s foundational goals. It is therefore imperative for the judiciary to perform its […]
The Consumer Protection Act, 2019 (‘New Act’) received the assent of the President of India and was published in the official gazette on 9th August 2019. This New Act will replace the old Consumer Protection Act, 1986 (‘Old Act’). The New Act will come into force on such date as the Central Government may so […]
Learn about the Income Tax Slab rates for individuals for the financial year 2019-20. Find out the applicable tax rates and surcharges.
Minimum / Maximum Number of Directors in a Company- Under Section 149 -Section 149 of the Companies Act, 2013 requires that every company shall have a minimum number of 3 directors in the case of a public company, 2 directors in the case of a private company, and 1 director in the case of a […]
–Notification No. S.O. 2351(E) dated 15th July 2020. -Notification No. S.O. 2421(E) dated 23rd July 2020. The Consumer Protection Act, 2019 (‘New Act’) received the assent of the President of India and was published in the official gazette on 9th August 2019. This New Act will replace the old Consumer Protection Act, 1986 (‘Old Act’). […]
CS Lily Bali We all know that provident fund is a welfare scheme for employees and where both employer and employee contribute their part but it’s a liability of employer to deposit whole part. Employer deducted the employee share from the salary of the employee. PERCENTAGE OF CONTRIBUTION: Both employee and employer are required to […]
Procedure for transfer of unclaimed shares to the Investor Education and Protection Fund (IEPF) authority as required under section 124(6) of companies act, 2013 When Dividend Warrant has not been encashed by the Shareholders for a Continuous period during the last seven years Sr. No Steps Regulatory provisions Action required to be taken 1 All […]
The Consumer Protection Act, 2019 (‘New Act’) received the assent of the President of India and was published in the official gazette on 9th August 2019. This New Act will replace the old Consumer Protection Act, 1986 (‘Old Act’). The New Act will come into force on such date as the Central Government may so […]
Insider trading is a common phenomenon, known as a transgression wherein, trade of securities of the various companies is taken up by the people, who by righteousness of their work, have access to the contrarily non-public information, which could be considered as an important facet for making decisions on investment
One of the key feature of GST is concurrent jurisdiction for levy & collection of GST by the Centre & the States. Only ‘proper officer’ has been empowered under GST law to execute and administer compliance of various sections and rules under GST law, to protect the revenue and to exercise rights relating to enforcement […]
