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Notifications/Circulars

Revised procedure for tendering & settlement of shares through Stock Exchange

August 13, 2021 1527 Views 0 comment Print

Under the existing mechanism, the shares tendered by the shareholders are required to be directly transferred to the account maintained by the clearing corporation and different tendering processes are being adopted by Depositories. Such transfer involves systematic risk, substantial time and cost.

SEBI Guidelines on issuance of ‘NCDs with Warrants’

August 13, 2021 1455 Views 0 comment Print

Guidelines on issuance of non-convertible debt instruments along with warrants (‘NCDs with Warrants’) in terms of Chapter VI – Qualified Institutions Placement of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Letterhead Lacking Address Contact & CIN details: MCA Imposes ₹3 Lakh Penalty

August 13, 2021 576 Views 0 comment Print

Explore the penalty imposed on Malwa Remedies Pvt Ltd for violating Section 12 of Companies Act. Detailed analysis, implications & appeal process provided.

Draft Delhi Plastic Waste Management Bye-laws, 2021 

August 13, 2021 2619 Views 0 comment Print

Draft of Plastic Waste Management Bye-laws, 2021 for public comment till September 15, 2021 In a Gazette Notification dated 16th August, 2021, the Government of the National Capital Territory of Delhi has introduced Draft Plastic Waste Management Bye-laws, 2021 (Draft Bye-laws) which has been proposed to apply in specific areas. The Government has also invited […]

Transfer/postings of 497 JCIT/Addl. CIT

August 12, 2021 2652 Views 0 comment Print

Office Order No. 203 of 2021 The following 497 transfer/postings of the officers in the grade of Joint Commissioner/Additional Commissioner of Income Tax, are hereby ordered with immediate effect and until further orders:

FSSAI Mandating the non-issuance of Offline Renewal of FSSAI license

August 12, 2021 2175 Views 0 comment Print

Food Safety and Standards Authority of India (FSSA), (Regulatory Compliance Division, vide File No. 15(31)2020/FoSCoS/RCD/FSSAI dated 12th day of August, 2021 has issued, circular Mandating the non-issuance of Offine Renewal of FSSAI license. FSSAI had launched Food Safety Compliance System (FoSCoS) on 1st November, 2020 on pan-India basis, all States/UTs are issuing online licensing and […]

Insolvency and Bankruptcy Code (Amendment) Act 2021

August 12, 2021 921 Views 0 comment Print

(1) This Act may be called the Insolvency and Bankruptcy Code (Amendment) Act, 2021. (2) It shall be deemed to have come into force on the 4th day of April, 2021.

CBIC removes ADD on Viscose Staple Fibre (VSF)

August 12, 2021 1293 Views 0 comment Print

Seeks to rescind notification No. 43/2016-Customs (ADD) dated the 8th August, 2016 to remove levy of ADD on Viscose Staple Fibre (VSF) originating in or imported from China PR and Indonesia. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 12th August, 2021 Notification No. 44/2021-Customs (ADD) G.S.R. 572(E).—In exercise of the powers conferred […]

Thickness of plastic carry bags increased from 30.09.2021

August 12, 2021 17634 Views 0 comment Print

In order to stop littering due to light weight plastic carry bags, with effect from 30th September, 2021, the thickness of plastic carry bags has been increased from fifty microns to seventy five microns and to one hundred and twenty microns with effect from the 31st December, 2022. This will also allow reuse of plastic carry due to increase in thickness.

Notification No. 31/2021-Customs (N.T./CAA/DRI) Dated: 12.08.2021

August 12, 2021 1113 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) New Delhi, the 12th August, 2021 Notification No. 31/2021-Customs (N.T./CAA/DRI) S.O. 3352(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette of India, Extra-ordinary, Part-II, section 3, sub-section (i), and […]

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