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Ind AS 1 Presentation of Financial Statement

June 22, 2023 1935 Views 0 comment Print

Ind AS 1, also known as the Indian Accounting Standard 1, is a crucial accounting standard that sets out the guidelines for the presentation of financial statements in India.

Harshad Mehta Scam: Analysis of India’s Infamous Financial Fraud

June 22, 2023 31662 Views 0 comment Print

The Harshad Mehta Scam of 1992 is one of the most important financial frauds in Indian stock market history. Harshad Mehta, a stockbroker from Mumbai, took advantage of many flaws in the Indian banking and stock market systems to manipulate stock prices and profit massively.

Big Changes Ahead: SEBI’s Unprecedented Amendments to LODR Set to Rewrite the Rules of the Game

June 22, 2023 1362 Views 0 comment Print

Explore the transformative amendments in SEBI’s LODR regulations with our in-depth analysis. From immediate compliance changes to enhanced cybersecurity reporting and shareholder rights, stay informed for effective adaptation. Dive into the details now.

Enforceability of Circulars/Notifications: Publication in Official Gazette Explained

June 21, 2023 4656 Views 0 comment Print

Understand the enforceability of circulars and notifications in relation to their publication in the official gazette. Explore the landmark cases of Harla v/s The state of Rajasthan and Gulf Goans Hotels Company Limited v/s Union of India for insights.

Can a court grant a relief, which is not prayed for by the petitioner?

June 21, 2023 15909 Views 0 comment Print

Can courts go beyond the prayers of the petitioner and grant unrequested relief? Explore the concept of inherent powers of courts and the limitations they face in providing relief, as clarified by the Code of Civil Procedure and Supreme Court rulings.

Company Secretary: Definition, Functions, Duties & Appointment Procedures

June 21, 2023 28431 Views 0 comment Print

Learn about the role of a company secretary, their functions, duties, and the procedure for their appointment and removal. Understand the legal compliance and governance aspects of this key managerial position.

Provisional Attachment of Property by GST Department

June 21, 2023 1773 Views 0 comment Print

Understand the concept of provisional attachment of property by the GST department as per Section 83 of the CGST Act, 2017. Explore the amendments made by the Finance Act 2021, widening its scope and implications. Learn about the procedural aspects and guidelines, ensuring a balance between protecting government revenue and safeguarding the interests of the taxable person. Stay informed on the stringent conditions for a valid exercise of this power, as highlighted by legal precedents.

ई-इन्वाईस जारी करने के दायित्व को चेक करने की सुविधा प्रारंभ

June 21, 2023 1302 Views 0 comment Print

सीबीआईसी के द्वारा दिनांक 16.06.2023 को एक एडवाईजरी जारी की गई है। उसके मुख्य-मुख्य बिन्दु निम्नानुसार है:- 1. वर्तमान में जीएसटी के अंतर्गत ई-इन्वाईस जारी करने हेतु टर्नओवर की लिमिट 10 करोड़ है। 2. 1 अगस्त 2023 से ई-इन्वाईस जारी करने की टर्नओवर की सीमा को 10 करोड़ से घटाकर 5 करोड़ कर दिया गया […]

Euthanasia : Murder or Mercy

June 21, 2023 1761 Views 4 comments Print

Explore the ethical dilemma of euthanasia – a concept aiming for a ‘Good Death.’ Delve into the arguments for and against it, the changing global perspectives, and the need for stringent regulations. While some view it as a humane choice to end unbearable suffering, others argue against interference with the course of life. As the world grapples with this controversial topic, striking a balance between individual autonomy and responsible use is crucial.

Significance of Corporate Compliance Programs

June 21, 2023 984 Views 0 comment Print

This article examines the importance of corporate compliance programs, the legal obligations they impose, the role of compliance officers, the implementation of internal controls, and the potential consequences of noncompliance.

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