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Reg. Export of Red Sanders wood by DRI

July 29, 2019 1020 Views 0 comment Print

Time upto 31.12.2019 has been allowed to the Directorate of Revenue Intelligence (DRI) and State Governments of Andhra Pradesh, Maharashtra, Tamil Nadu and Karnataka to finalize the modalities and complete the entire process of export of balance quantity of Red Sanders wood allocated to each entity by the DGFT against the quota permitted by CITES.

Income from investment fund set up in IFSC – Exemption from filing of return

July 26, 2019 1548 Views 0 comment Print

Central Government, hereby exempts the following class of persons, subject to the conditions specified hereinafter, from the requirement of furnishing a return of income under subsection (1) of section 139 of the said Act from Assessment Year 2019-20 onwards, namely:-

Lok Sabha approves new Companies (Amendment) Bill, 2019

July 26, 2019 1431 Views 0 comment Print

AS PASSED BY LOK SABHA ON 26.07.2019 Bill No. 189-C of 2019 THE COMPANIES (AMENDMENT) BILL, 2019 A BILL further to amend the Companies Act, 2013. BE it enacted by Parliament in the Seventieth Year of the Republic of India as follows:— 1. Short title and commencement. (1) This Act may be called the Companies […]

New Delhi International Arbitration Centre Act, 2019

July 26, 2019 1593 Views 0 comment Print

(1) This Act may be called the New Delhi International Arbitration Centre Act, 2019. 2) It shall be deemed to have come into force on the 2nd March, 2019.

Companies (Registration Offices and Fees) Fourth Amendment Rules, 2019

July 25, 2019 4359 Views 0 comment Print

FEE FOR FILING e- Form DIR-3 KYC or DIR-3 KYC-WEB under rule 12A of the Companies (Appointment and Qualification of Directors) Rules, 2014.

Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019

July 25, 2019 14766 Views 0 comment Print

Where an individual who has already submitted e-form DIR-3 KYC in relation to any previous financial year, submits web-form DIR-3 KYC-WEB through the web service in relation to any subsequent financial year it shall be deemed to be compliance of the provisions of this rule for the said financial year:

IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2019

July 25, 2019 1770 Views 0 comment Print

IBBI amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 on 25 July 2019 vide Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2019. The amendments specify the process for withdrawal of applications before constitution of CoC, after constitution of CoC […]

IBBI (Liquidation Process) (Amendment) Regulations, 2019

July 25, 2019 2322 Views 0 comment Print

Salient amendments affected by the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019 are: (i) The amendments specify the process for (a) sale of corporate debtor as going concern, and (b) sale of business of corporate debtor as going concern under liquidation. These also provide that where a corporate debtor is sold […]

IBBI (Information Utilities) (Amendment) Regulations, 2019

July 25, 2019 1536 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2019. They shall come into force on the date of their publication in the Official Gazette.

SEBI (Prohibition of Insider Trading) (Second Amendment) Regulations, 2019

July 25, 2019 3072 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Prohibition of Insider Trading) (Second Amendment) Regulations, 2019. They shall come into force on the date of their publication in the Official Gazette.

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