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Orders

Functioning of Central Registration Unit for GST registrations

April 7, 2022 2091 Views 0 comment Print

Chief Commissioner of State Tax, Rajasthan hereby assign the functions related to registration under the said Act. to the officers as mentioned in column no.2, for the purposes of Sections of the said Act mentioned in column no. 3 and for the jurisdiction as mentioned in column no. 4 against each of them in the table given below .

No violation if IRP allowed higher interest rate as per RERA Court order

April 6, 2022 2130 Views 0 comment Print

The DC notes the submission of Mr. Singal that admission of higher interest was not possible if claims were continued to be classified under FC in class category and since in RERA decree, the Hon’ble Court has allowed interest ranging from 8-18% and, therefore, he had no option but to allow them interest as per […]

IBBI suspends registration of Registered Valuer Entity for disqualification of its director

April 6, 2022 1008 Views 0 comment Print

In the instant matter, the Authority notes that the limited issue for consideration before it is whether suspension of one of the directors of the Yardi Prabhu Consultants & Valuers Pvt. Ltd., Registered Valuer Entity (RV-E) affects the eligibility of the valuer for continuing as RV. In this regard, the Authority notes that as per […]

Delay in intimation of Change in Object Calsue – MCA Imposes Penalty

April 6, 2022 744 Views 0 comment Print

This document is a notice issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli, under the Ministry of Corporate Affairs, India. The notice pertains to the adjudication of a penalty against Starnet Real Estate Development Limited (formerly known as Starnet Software (India) Limited) for violation of Section 117 of the Companies Act, 2013. […]

Delayed submission of special resolution altering MOA- MCA imposes penalty

April 6, 2022 828 Views 0 comment Print

The order states that the members of the company had passed a special resolution to alter the main objects clause of the Memorandum of Association at an Extraordinary General Meeting held on January 30, 2021. As per Section 117 of the Companies Act, 2013, the resolution was required to be filed within 30 days. However, the company filed the required form, MGT-14, with a delay of 261 days.

Revised rate of Dearness Relief effective from 01.01.2022

April 5, 2022 5259 Views 0 comment Print

President is pleased to decide that the Dearness Relief admissible to Central Government pensioners/family pensioners shall be enhanced from the existing rate of 31% to 34% w.e.f 01.01.2022.

IBBI directs IP to be extra careful while conducting processes under IBC 2016

April 4, 2022 480 Views 0 comment Print

With regard to the first issue relating to settlement of claims of workmen/employees, the DC notes the submission of Mr. Kohli that the Settlement Agreement between him and the Workmen Union was entered into on the advice of the stakeholders, i.e., the secured creditors for early completion of Liquidation Process and he did not distribute […]

46 Transfer/postings of officers in the grade of DCIT/ACIT

April 1, 2022 6456 Views 0 comment Print

Office Order No. 61 of 2022 The following transfer/postings of the officers in the grade of Deputy Commissioner/ Assistant Commissioner of Income Tax, are hereby ordered with immediate effect and until further orders:

Fertiliser (Inorganic, Organic or Mixed) (Control) Second Amendment Order, 2022

March 31, 2022 7890 Views 0 comment Print

(1) This Order may be called the Fertiliser (Inorganic, Organic or Mixed) (Control) Second Amendment Order, 2022. (2) It shall come into force on the date of its publication in the Official Gazette.

Appointment of 2 firms for same task by IRP/RP appears to be unreasonable: IBBI

March 31, 2022 1119 Views 0 comment Print

In the instant matter, Mr. Chakraborty appointed PwC LLP to support him in identifying resolution applicants whereas the scope of work of M/s Kirtane & Pandit included to check if the resolution applicants and connected persons are not ineligible persons under section 29A. Identification of resolution applicants certainly includes checking their eligibility under section 29A. […]

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