Order for penalty for violation of section 92 of the Companies Act,2013 with respect to Magadh Spun Pipe Limited Company is in default for filing its Annual Return for the financial year end 31.03.2019 and 31.03.2020 with the office of Registrar of Companies, Patna. Provisions of Section 92 of the Companies Act, 2013 has been […]
A company other than a company under rule 8 (i.e., private company) which has paid up share capital of five crore rupees of more shall have a whole-time Company Secretary. This threshold limit has been increased to Rs. 10 crores from 1.4.2020.
On the anti-evasion side, in a targeted operation, officers of Mumbai Airport Customs, intercepted three outbound passengers suspected to be carrying a large amount of undeclared foreign currency. Subsequently, examination of their baggage led to the recovery of foreign currency amounting to USS 4,97,000 (more than Rs 4 Crore). Congratulations to the officers for an excellent interdiction.
In the instant case, since the shareholders viz. SFT, Mrs. Jayshree Lalbhai, Mr. Kulin Lalbhai, Mr. Pulin Lalbhai and Aura Business Ventures LLP exercise control over Aura, Aura Weaving and Shruti, and are owning more than 50% shareholding of Aura, and would be holding more than 50% (entire) of Aura Weaving and Shruti as per […]
GST Department has decided that it will Not file Review Petition Against the Supreme Court Decision Against IGST Levy on Ocean Freight in Civil Appeal No. 1390 of 2022 filed by Union of India & Anr. Vs. M/s. Mohit Mineral Pvt. Ltd F. No. 275/11/2022-CX.8A Government of India Ministry of Finance Department of Revenue (Central […]
International Financial Services Centres Authority Act, 2019 (50 of 2019), the Central Government hereby directs that certain provisions of the Companies Act, 2013 (18 of 2013) as specified in column (2) of the table below, shall apply with such exceptions, modifications and adaptations as specified in column (3) of the said table, to financial products, financial services or financial institutions in an International Financial Services Centre, namely:—
Under Get Quote page of Exchange Website of Listed Entity, wherever listed, would display that company is non-compliant with SDD, from next trading day till Exchanges have satisfactorily verified that company has completely complied.
Every company shall hold the first meeting of the Board of Directors within thirty days of the date of incorporation and thereafter, hold a minimum number of four meetings of its Board of Directors every year in such a manner that not more than one hundred and twenty days shall intervene between two consecutive meetings of the Board.
IBUs are directed to follow the IFSCA KYC guidelines with immediate effect. IBUs are also advised that guidelines/circulars of the domestic financial sector regulators on the issues covered by the IFSCA KYC guidelines shall cease to apply with immediate effect.
CBIC notifies Customs Exchange rate for Import & Export wef 4th November, 2022 vide Exchange rate Notification No. 92/2022 – Customs (N.T.) | dated 3rd November, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS New Delhi ***** Notification No. 92/2022 – Customs (N.T.) | Dated: 3rd November, […]
