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Steps taken by DFS related to Disruption on account of Corona Virus

March 12, 2020 858 Views 0 comment Print

All Public Sector banks(PSBs) have been advised: i) to immediately set up special cells to provide full assistance required to industry segments and MSME units affected by Corona Virus and to process such request for assistance with the requisite sensitivity;

Last date to file MGT-7 and AOC-4 in J&K & Ladakh extended to 30.06.2020

March 12, 2020 840 Views 0 comment Print

It has been decided to further extend the due date for filing of e-forms AOC-4, AOC-4 (CFS) AOC-4 XBRL and e-form MGT-7 upto 30.06.2020, for companies having jurisdiction in the UT of J&K and UT of Ladakh without levy of additional fee.

An Investment Manager can manage multiple InvITs: SEBI

March 12, 2020 837 Views 0 comment Print

There is no provision in the SEBI (Infrastructure Investment Trusts) Regulations, 2014 (InvIT Regulations) which prevents an Investment Manager to manage more than one InvIT.

RBI Announces USD/INR Sell Buy Swaps

March 12, 2020 672 Views 0 comment Print

Financial markets worldwide are facing intense selling pressures on extreme risk aversion due to the spread of COVID-19 infections, compounded by the slump in international crude prices and a decline in bond yields in advanced economies.

BCD objects to inclusion of lawyers within definition of Consumer Protection Act 2019

March 12, 2020 795 Views 0 comment Print

As per the information available, your Ministry is framing Rules under the Act and wants to surreptitiously include the lawyers under the proposed Rules so as to bring the lawyers across the country within the jurisdiction of Consumer Redressal Forum. This is highly deplorable and the lawyers across the country will never accept their inclusion within the definition of the provisions of Consumer Protection Act.

Companies (Incorporation) second Amendment Rules, 2020

March 12, 2020 1824 Views 0 comment Print

MCA notifies Companies (Incorporation) second Amendment Rules, 2020 and amend Annexure, in Form No. INC-28 vide Notiufication dated 12th March 2020. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 12th March, 2020 G.S.R. 169(E)._ In exercise of the powers conferred by section 3, sub-section (1) of section 7 and sub-sections (1) and (2) […]

Companies (Registration Offices and Fees) Second Amendment Rules, 2020

March 12, 2020 1491 Views 0 comment Print

MCA notifies ‘Companies (Registration Offices and Fees) Second Amendment Rules, 2020‘ and amends vide Form No.GNL-2 and add the word ‘Filing under Insolvency and Bankruptcy Code, 2016‘ instead of ‘Form 159 of the Companies (Court) Rules,1959′ and also add after first verification column- Particulars of the person signing and submitting the form. Government of India […]

Custom notifies exchange rate of South African Rand wef 13.03.2020

March 12, 2020 600 Views 0 comment Print

Custom notifies exchange rate of South African Rand w.e.f. 13th March, 2020 vide Notification No. 22/2020-Customs (N.T.), dated the 12th March, 2020 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 22/2020–Customs (N.T.) New Delhi, dated the 12th March, 2020 22 Phalguna 1941 (SAKA) In […]

Anti-dumping duty on Sheet Glass import from China extended

March 12, 2020 909 Views 0 comment Print

Notification No. 06/2020-Customs (ADD)- Seeks to amend notification No. 07/2015-Customs (ADD) dated 13th March 2015 so as to extend anti-dumping duty on ‘Sheet Glass’ originating in or exported from China PR. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 06/2020-Customs (ADD) New Delhi, the 12th March, 2020 G.S.R…. (E). – Whereas, the […]

Unblocking of e-Way Bill facility in ACES-GST Application: FAQs

March 12, 2020 2445 Views 0 comment Print

Field formations have reported that they are facing several issues while issuing EWB-06. A detailed FAQ has been prepared and enclosed herewith for easy reference of the field formations.

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