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Notifications/Circulars

CBIC extends Due Date for GSTR-7 Filing in Manipur for April & May 2023

June 19, 2023 624 Views 0 comment Print

Notification No. 16/2023- Central Tax to extend due date for furnishing GSTR-7 for April, 2023 and May 2023 for registered persons whose principal place of business is in the State of Manipur to thirtieth day of June, 2023 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 16/2023–Central Tax […]

CBIC extends Time Limit to Furnish Form GSTR1 in Manipur for April to May 2023

June 19, 2023 420 Views 0 comment Print

Notifications No. 14/2023- Central Tax to extend due date for furnishing FORM GSTR1 (Outward Supply Details) for registered persons whose principal place of business is in the State of Manipur for tax periods April 2023 and May 2023 till thirtieth day of June, 2023. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES […]

SEBI Commences Execution Only Platforms under Stock Brokers Regulations

June 19, 2023 522 Views 0 comment Print

Commencement notification for Execution Only Platforms under the Securities and Exchange Board of India (Stock Brokers) Regulations, 1992 SEBI) has announced the commencement date for Execution Only Platforms under the Stock Brokers Regulations. This notification, issued under the powers conferred by the Securities and Exchange Board of India Act, 1992, specifies the provisions that will […]

General Authorization for Export of Chemicals- Notification No. 12/2023

June 19, 2023 1179 Views 0 comment Print

DGFT, has issued a notification, No. 12/2023, dated June 19, 2023, amending Paragraph 10.08(ix) of the Foreign Trade Policy 2023. The amendment pertains to the General Authorization for Export of Chemicals and related Equipments (GAEC) and introduces changes to the policy.

Amendment in General Authorization for Export of Chemicals & Related Equipment

June 19, 2023 1188 Views 0 comment Print

DGFT has issued a public notice amending Handbook of Procedures (HBP) 2023 to revise procedure for General Authorization for Export of Chemicals and related Equipment (GAEC).

SEBI Final Order: Falsification in Financial Statements of Arvind Remedies Limited

June 19, 2023 6357 Views 0 comment Print

Read the final order issued by the Securities and Exchange Board of India (SEBI) regarding the falsification and misstatement of financial statements by Arvind Remedies Limited. The order includes background information, findings, and directions issued to the involved parties.

SEBI Prohibits IIFL Securities from Onboarding New Clients for 2 Years

June 19, 2023 5763 Views 0 comment Print

Read the order issued by the Securities and Exchange Board of India (SEBI) under Section 12(3) of the SEBI Act, imposing a 2-year prohibition on IIFL Securities Limited (formerly India Infoline Limited) from taking up new clients as a stock broker. The order highlights the violations committed by IIFL and the corrective measures taken.

IBBI Suspends IP Registration for Handling Excessive Assignments & Failing to File Extension Application

June 19, 2023 780 Views 0 comment Print

IBBI Disciplinary Committee found that Mr. C. Ramasubramaniam contravened provisions of IBC and related regulations. Firstly, he failed to file an extension application within the prescribed timeframe after the expiry of the liquidation period. This neglect in fulfilling his duty as a Liquidator demonstrates gross negligence and dereliction of responsibilities. Secondly, Mr. Ramasubramaniam accepted an […]

MCA Imposes penalty for non-holding of Board Meetings

June 19, 2023 19755 Views 0 comment Print

MCA has imposed penalties on Goodluck Petrolium Company Pvt. Ltd. and its directors for not conducting board meetings for multiple financial years. This article provides an analysis of the order and its implications.

IBBI suspends IP for not exercising due diligence in claim verification

June 19, 2023 1098 Views 1 comment Print

Read the details of the IBBI Disciplinary Committee’s order suspending Insolvency Professional Mr. Vishal Ghisulal Jain for contraventions under the Insolvency and Bankruptcy Code.

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