Understand the format and contents of a Notice of Extraordinary General Meeting (EGM) for transacting special business. This article provides an overview of the resolutions proposed, including borrowing money, ratifying loans and guarantees made by the company, and authorizing the board for investments and loans. Explanatory statements are included to provide context and rationale for each resolution.
Learn about marginal relief in the new income tax regime and how it benefits small taxpayers. Explore examples and understand how even a small increase in income above ₹ 7 lakh can result in higher tax liability.
The Competition Act, 2002 was introduced repealing the earlier legislation Monopolies and Restrictive Trade Practices (MRTP) Act, 1969, wherein under the Competition Act, 2002 a new authority was established as Competition Commission of India to administer the compliances in relation to competition in India. Abuse of Dominant Position “Dominant position” means a position of strength, […]
Unlock the intricacies of Inspection, Search, and Seizure under GST Law. Learn how GST officers scrutinize returns, issue notices, and the consequences of discrepancies. Explore the powers bestowed upon officers, the criteria for search warrants, and the vital ‘reason to believe’ aspect. Understand the seizure, disposal, and release of goods, with expert insights into the legal nuances. Navigate the complexities with precision.
Choosing the best health insurance in India can be daunting, but it’s an important decision that can help you save a lot of money in the long run. Here are some of the cheapest health insurance in India.
CESTAT Mumbai, in the case of Konkan Railway Corporation Limited v. Commissioner of Service Tax, ruled that the appellant, being a deemed railway company under the Indian Railways Act, is exempt from service tax liability. Gain insights into the ruling and its implications.
Learn about the common mistakes made by companies and professionals in handling capital account transactions under FEMA (Foreign Exchange Management Act). Avoid non-compliance penalties by understanding the compliance guidelines for Foreign Direct Investment (FDI), Overseas Direct Investment (ODI), and External Commercial Borrowing (ECB) in India.
A comprehensive guide to The Competition Act, 2002 in India, highlighting anti-competitive agreements, relevant case laws, and the power of the Competition Commission of India to impose penalties.
Dive into the world of startup financing with insights on convertible notes and SAFEs – the emerging trend in India and abroad. Discover their significance for startups and investors, their role in fundraising, and key considerations for choosing between convertible notes and priced equity. For expert guidance on implementing convertible notes, contact CS Kanchan Gupta, Corporate Lawyer, and Company Secretary.
Explore the importance of Document Identification Number (DIN) in Income Tax Notices in India, how it enhances tax administration, its legal implications, and recent judicial pronouncements concerning DIN validity.
