Clipped from: https://www.business-standard.com/article/companies/ibc-set-to-resume-relief-for-key-worst-affected-sectors-on-the-cards-121021400962_1.html Top officials to meet this week to discuss the matter Apart from extending the suspension, some of the proposals are to have hybrid
Category: Legal
MSME insolvency: Only debtors may get to start bankruptcy process – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-insolvency-only-debtors-may-get-to-start-bankruptcy-process/2194673/ Similarly, several procedural requirements on issues, such as claims of creditors, may be simplified to make the entire process less rigorous. This is
‘Ramshackled!’ Fix the judiciary–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/ramshackled-fix-the-judiciary/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Pedants might take objection to former Chief Justice
insurance sector: Irdai asks insurers to issue Digilocker to policyholders to preserve documents – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-asks-insurers-to-issue-digilocker-to-policyholders-to-preserve-documents/articleshow/80910020.cmsSynopsis In order to promote the adoption of Digilocker in the insurance sector, the Authority advises all insurers to enable their IT systems to
NCLAT asks Devas Multimedia shareholder to approach NCLT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/nclat-asks-devas-multimedia-shareholder-to-approach-nclt/articleshow/80909493.cmsSynopsis On January 19, the Bengaluru bench of the National Company Law Tribunal (NCLT) had admitted the petition by Antrix Corporation, the commercial arm
Labour Ministry finalises job rules under 4 codes, reform to be a reality soon – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-ministry-finalises-job-rules-under-4-codes-reform-to-be-a-reality-soon/articleshow/80906084.cmsSynopsis Parliament had passed four codes on four broad codes on wages, industrial relations, social security and occupational safety health & working conditions (OSH)
GST officers to immediately suspend taxpayer’s registration for ‘significant anomalies’ in sales return – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-officers-to-immediately-suspend-taxpayers-registration-for-significant-anomalies-in-sales-return/articleshow/80907569.cmsSynopsis The SOP said the taxpayers whose registrations are suspended would be required to furnish reply to the jurisdictional tax officer within 30 days
CBI registers case against Cambridge Analytica for Facebook data theft | Deccan Herald
Clipped from: https://www.deccanherald.com/national/cbi-registers-case-against-cambridge-analytica-for-facebook-data-theft-941916.html Facebook had collected certificates from both the firms in 2016-17 that data collected by them using “thisisyourdigitallife” was accounted for and destroyed The
What is Cryptocurrency Bill 2021; how it will impact bitcoin investors–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/what-is-cryptocurrency-bill-2021-how-it-will-impact-bitcoin-investors/story/431264.html Analysts have speculated that the new cryptocurrency bill might impact some existing investors who are already investing in private digital currencies like bitcoin
Taxpayers registration to be suspended for ‘significant anomalies’ in GST sales return–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/taxpayers-registration-to-be-suspended-for-significant-anomalies-in-gst-sales-return/story/431242.html The Central Board of Indirect Taxes and Customs (CBIC) has issued an SOP for suspension of registration of a person on the observance
NPAs to be nebulous owing forbearance dispensations, restructuring schemes: CARE – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/npas-to-be-nebulous-owing-forbearance-dispensations-restructuring-schemes-care/article33827877.ece?homepage=true Non-performing assets (NPAs) of Banks this year would tend to be a bit nebulous due to the various forbearance dispensations that have been
Loan recovery: Ministry gives more power in the hands of NBFCs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/loan-recovery-ministry-gives-more-power-in-the-hands-of-nbfcs/article33831409.ece?homepage=true NBFCs allowed to use SARFAESI law for minimum loan size of Rs 20 lakh The Finance Ministry has operationalised a budget announcement that
SEBI’s proposals on ‘rejected directors’ are welcome – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebis-proposals-on-rejected-directors-are-welcome/article33824160.ece?homepage=true Recommendations will empower shareholders and boost corporate governance To uphold shareholder rights, the Securities and Exchange Board of India came out with a
Tax disputes: ‘Faceless assessment key to solve problem’ – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-disputes-faceless-assessment-key-to-solve-problem/2193806/ The consideration received or receivable for e-commerce supply or services won’t include considerations that are already taxable as royalty or fees for technical
Even India’s former chief justice won’t go to the nation’s courts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/politics/nation/even-indias-former-chief-justice-wont-go-to-the-nations-courts/articleshow/80890809.cmsSynopsis Court systems in Asia’s third-largest economy are clogged with over 43 million cases and a shortage of judges means that some cases can
Right to protest cannot be anytime and everywhere, says SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/right-to-protest-cannot-be-anytime-and-everywhere-says-sc/articleshow/80894107.cmsSynopsis “The right to protest cannot be anytime and everywhere. There may be some spontaneous protests but in case of prolonged dissent or protest,
‘Best judgment’ assessment awaits GST return non-filers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/best-judgment-assessment-awaits-gst-return-non-filers/articleshow/80891908.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Sources said GST authorities have stepped up their drive to maximise collections weeks ahead of close of the financial year. This has been
Karnataka High Court to hold special hearing on children selling toys, flowers on streets | Deccan Herald
Clipped from: https://www.deccanherald.com/city/top-bengaluru-stories/karnataka-high-court-to-hold-special-hearing-on-children-selling-toys-flowers-on-streets-950642.htmlThe court decided on the matter based on a PIL filed by city-based organisation Letzkit Foundation. DH FILE/S K Dinesh The High Court of
Trademark row to ‘financial creditor’ under IBC, here’re key court orders | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/trademark-row-to-financial-creditor-under-ibc-here-re-key-court-orders-121021201902_1.html A selection of key court orders SC interprets term ‘financial creditor’ Interpreting the definition of “financial creditor” in the Insolvency and Bankruptcy Code,
NCLT raps Amazon in Future case: Don’t be a ‘perpetual objector’ | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nclt-raps-amazon-in-future-case-don-t-be-a-perpetual-objector-121021300073_1.html Says it has no locus standi in Future’s plea to hold shareholder meeting; reserves order The Mumbai Bench of the NCLT asked both
aniltikotekar4sme.com 