ANALYSIS OF SUPREME COURT CASE BASIR AHMED SISODIA V. ITO. CIVIL APPEAL NO. 6110 OF 2009 dated 24th April 2020. The referred judgment of Supreme Court is one of its kind wherein the deletion of penalty has led to deletion of quantum addition. The important facet their lordships observed was fundamental tenet of taxation that […]
Due to the continuous increase in registration of new companies and the rise in the number of young entrepreneurs in India the need for assistance and guidance in making sure that all the compulsory and mandatory compliances are in order has also been increased. This editorial, however, targets all the mandatory yearlong compliances a company […]
कंपनी अधिनियम 2013 के अंतर्गत कंपनियों के प्रकार (Types of Companies, under Companies Act, 2013) इस लेख को तैयार करने का उद्देश्य आपको कंपनी अधिनियम 2013 के अंतर्गत पंजीकृत होने वाली कंपनियों के प्रकारों से आपका विस्तृत परिचय कराना है. कंपनी अधिनियम 2013 के अनुच्छेद 2(20) के अनुसार कंपनी एक कंपनी अधिनियम 2013, इससे पूर्व […]
Before yesterday’s address of Honb’le Prime Minister Shri Narendra Modi ji, India was talking about the 1991 economic reform brought by then Finance Minister Dr. Manmohan Singh Ji, which created a new road map for Indian economy and India never looked back. At that time India was facing huge economic crises and the government was […]
1. Collateral Free Automatic Loan to MSME: No guarantee required. Period 4 Years. No principal repayment for 1 year. Scheme can be availed till 31st Oct 2020. 45 lakh units can resume business activity and safeguard jobs. Borrowers with up to Rs. 25 crore outstanding and Rs. 100 crore turnover eligible 2. Stressed MSME: Subordinate […]
𝐖𝐨𝐫𝐤𝐩𝐥𝐚𝐜𝐞 𝐬𝐚𝐟𝐞𝐭𝐲 𝐭𝐢𝐩𝐬 – 𝐫𝐞𝐨𝐩𝐞𝐧𝐢𝐧𝐠 𝐩𝐨𝐬𝐭 𝐂𝐎𝐕𝐈𝐃𝟏𝟗 With work locations across the country reopening gradually, Learning to live with and getting around in a post COVID world becomes critical. Particularly, health of us and those around us gets paramount importance. Here are some tips for safe working 1. If possible try to work from home […]
With the introduction of the Insolvency and Bankruptcy Code and strict measures by the Reserve Bank of India (RBI) for taking stringent action against Non- Performing Asset (NPA) accounts, MSMEs have been facing two-fold pressure:
The Government of India on Wednesday announced the special economic package under the government’s Atmanirbhar Bharat Abhiyan-India’s Rs 20 lakh crore Covid-19 economic package. The entire package is aimed at providing a much-required boost to the Indian Economy which might otherwise face the inevitable economic slump due to long lockdown period. Amongst other, one of […]
Today we Indians proud to have our Prime Minister Shri NarendraModi ji and we as citizen of the country really experienced that we are in safe hand. Today as our Guardian he proved that when we need he is there to safeguard us. As far Economy is concern we have been taken out of ICU now it is our duty to fulfil his dream of 5 Trillion Economy and we must back himlike our father.
Hon’ble NCLT vide its order dated 12th May 2020, attempted to step into the shoes of Regulatory vide restricting the scope of section 7(3)(a), also, unwittingly try to give retrospective effect by covering those applications which are already filed and pending for admission. Hope the Hon’ble NCLT shall come out with a clarification, amendment in their order.
