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Notifications/Circulars

Guidelines for grant of fresh licence / renewal of license to act as Insurance Surveyor and Loss Assessor

December 2, 2020 5127 Views 0 comment Print

1. These guidelines set out the procedure for obtaining fresh license or renewal of licence to act as a surveyor and loss assessor.  2. The guidelines are being issued under Sec.14 of the IRDAI Act,1999 and in terms of Regulations 28 of Insurance Regulatory and Development Authority of India (Insurance Surveyors and Loss Assessors) Regulations, 2015.

MCA extends last date of filing Form CRA-4 extended to 31.12.2020

December 1, 2020 3975 Views 0 comment Print

Relaxation of additional fees and extension of last date of filing of CRA-4 (form for filing of cost audit report) to 31st December, 2020 for FY 2019-20 under the Companies Act, 2013. General Circular No. 38/2020 Eoffice File No: 17/52/2020-CL-V GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5th Floor, ‘A’ Wing Shastri Bhawan, Dr. R.P. […]

IBBI bars IP till he is exonerated of Criminal charges against him

December 1, 2020 537 Views 0 comment Print

The DC also notes that the FIR against Mr. Mohan is yet to culminate into a charge sheet, however, the submission of Mr. Mohan that before issuing of the SCN, statutory requirements of section 217, 218, 219 and 220 of the Code were not complied with by the IBBI since no independent investigation was conducted […]

IBBI directs IP accused of accepting amount for granting illegal favour to not to seek/accept any assignment till exoneration of charges

December 1, 2020 447 Views 0 comment Print

The DC notes that a trap proceeding was conducted by CBI against Mr. Agarwal wherein he was caught accepting an amount of Rs. 3 lakhs from Mr. Amit Sarawgi (complainant to CBI). However, it has been contended by Mr. Agarwal that the said amount was accepted as a part refund of Rs. 10 lakhs illegally […]

Handing over control & custody of assets by IP to ex-management is violation of code: IBBI

December 1, 2020 2466 Views 0 comment Print

In the present case, after stay on further proceedings by the Hon’ble Supreme Court, Mr. Gupta handed over the control and custody of the assets to ex-management which was against the fundamental jurisprudence of the Code relating to creditor in control mechanism. His conduct is in violation of key procedural norm of keeping with him […]

Hazira Port enlisted for import of unshredded metallic scrap & waste

December 1, 2020 564 Views 0 comment Print

In continuation of Public Notice No. 43/2015-2020 dated 13.11.2019, Hazira Port is enlisted as a designated port for import of unshredded metallic scrap and waste.

Rs 1,04,963 crore of gross GST Revenue collected in November 2020

December 1, 2020 2079 Views 0 comment Print

The gross GST revenue collected in the month of November, 2020 is ₹ 1,04,963 crore of which CGST is ₹ 19,189 crore, SGST is ₹ 25,540 crore, IGST is ₹ 51,992 crore (including ₹ 22,078 crore collected on import of goods) and Cess is ₹ 8,242crore (including ₹ 809 crore collected on import of goods). The total number of GSTR-3B Returns filed for the month of November up to 30th November 2020 is 82 lakhs.

CBIC extends levy of Anti-Dumping duty on Methylene till 31.01.2021

December 1, 2020 621 Views 0 comment Print

Seeks to amend notification No. 21/2016-Customs (ADD) dated 31st May, 2016 to extend the levy of Anti-Dumping duty on Methylene chloride originating in or exported from China PR, up to and inclusive of 31st Jan, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 1st December, 2020 Notification No. 42/2020 -Customs (ADD) G.S.R.746(E).—Whereas, the […]

SEBI extends regulatory compliance timelines for trading/clearing members

December 1, 2020 525 Views 0 comment Print

In view of the prevailing situation due to Covid-19 pandemic and representation received from the Stock Exchanges, it has been decided to extend the timelines for compliance with the following regulatory requirements by the trading members / clearing members, as under:

Weekly newsletter from Chairman, CBIC dated 01/12/2020

December 1, 2020 1275 Views 0 comment Print

`Constitution Day’, while providing us an opportunity to express our gratitude to the architects of our Constitution, is also a day to seek inspiration from the spirit enshrined therein. The 71St Constitution Day of India was celebrated on 26.11.2020 by the Members of the Board by joining the telecast of the Hon’ble President of India in the reading of the preamble to the Constitution, as did the officers in the field.

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