![Temporary Relief to Knight Riders: Calcutta High Court quashes PMLA proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Knight-Riders-Calcutta-High-Court-PMLA-Adjudicating-Authorities-notice-of-hearing-provisional-order-of-attachment-Taxscan.jpg "Temporary Relief to Knight Riders: Calcutta High Court quashes PMLA proceedings [Read Order]")
Temporary Relief to Knight Riders: Calcutta High Court quashes PMLA proceedings [Read Order]
The Calcutta High Court while providing the temporary relief to the Knight Riders restrained the Adjudicating Authorities under PMLA from issuing any...
![Calcutta High Court quashes Look-Out Circular issued against Captain of the Merchant Navy [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Calcutta-High-Court-Look-Out-Circular-Captain-of-the-Merchant-Navy-Taxscan.jpg "Calcutta High Court quashes Look-Out Circular issued against Captain of the Merchant Navy [Read Order]")
![SEBI disposes of Proceedings under Insider Trading Regulations against Noticees due to lack of sufficient evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/SEBI-Insider-Trading-Regulations-Noticees-Taxscan.jpg "SEBI disposes of Proceedings under Insider Trading Regulations against Noticees due to lack of sufficient evidence [Read Order]")
![Rejection of LLP Incorporation application on Ground of conflicting Trademark not justified: Kerala High Court slams MCA officials for ‘System Generated Harassment’ [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/Rejection-of-LLP-Incorporation-application-Ground-of-conflicting-Trademark-Kerala-High-Court-MCA-officials-System-Generated-Harrassment-Taxscan.jpg "Rejection of LLP Incorporation application on Ground of conflicting Trademark not justified: Kerala High Court slams MCA officials for ‘System Generated Harassment’ [Read Judgment]")
![High Court not to use Inherent power to undermine statutory dictate under Sections 14 and 17 IBC: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/High-Court-Inherent-power-statutory-dictate-Sections-14-and-17-IBC-Supreme-Court-Taxscan.jpg "High Court not to use Inherent power to undermine statutory dictate under Sections 14 and 17 IBC: Supreme Court [Read Judgment]")
Spending of CSR Funds for ‘setting up makeshift Hospitals and Temporary COVID care facilities’ is an eligible CSR activity, says MCA
The Ministry of Corporate Affairs (MCA) notified that Spending of Corporate Social Responsibility (CSR) funds for “setting up makeshift hospitals and temporary COVID care facilities” is an eligible...
![MSME certificate required to take benefit under Section 240A of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/MSME-certificate-Section-240A-of-IBC-NCLAT-Taxscan.jpg "MSME certificate required to take benefit under Section 240A of IBC: NCLAT [Read Order]")
Bank’s Internal Policy mandatory for CA certified documentation for Loan Advances: RBI responds to RTI Application [Read RTI Reply]
The Reserve Bank of India (RBI), while responding to the RTI Application said that the Internal Policy of the bank mandates for CA-certified documentation for Loan Advances. The query raised was...
![Bank’s Internal Policy mandatory for CA certified documentation for Loan Advances: RBI responds to RTI Application [Read RTI Reply]](https://www.taxscan.in/wp-content/uploads/2021/04/Banks-Internal-Policy-CA-certified-documentation-Loan-Advances-RBI-RTI-Application-Taxscan.jpeg "Bank’s Internal Policy mandatory for CA certified documentation for Loan Advances: RBI responds to RTI Application [Read RTI Reply]")
Signing and Verification by Chartered Accountant for Loan Approval: RBI responds to RTI Application [Read RTI Reply]
The Reserve Bank of India (RBI) replied on the RTI Application in respect of Signing and certification from CA. Firstly, signing on Project Report for Loan Purposes with seal/UDIN of CA thereon....
![Signing and Verification by Chartered Accountant for Loan Approval: RBI responds to RTI Application [Read RTI Reply]](https://www.taxscan.in/wp-content/uploads/2021/04/RTI-Application-RBI-Verification-Chartered-Accountant-Taxscan.jpeg "Signing and Verification by Chartered Accountant for Loan Approval: RBI responds to RTI Application [Read RTI Reply]")
An opportunity of being Heard shall be provided to a Company during Investigation by Registrar under Companies Act: Delhi High Court [Read Order]
The Delhi High Court held that the registrar may call for information, inspect books, conduct inquiries, but only after informing the company of the allegations and giving an opportunity of being...
![An opportunity of being Heard shall be provided to a Company during Investigation by Registrar under Companies Act: Delhi High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Investigation-by-Registrar-Companies-Act-Delhi-High-Court-Taxscan-open.jpg "An opportunity of being Heard shall be provided to a Company during Investigation by Registrar under Companies Act: Delhi High Court [Read Order]")
Balance sheets can amount to Acknowledgment of Debts under Section 18 of Limitation Act: Supreme Court sets aside NCLAT’s Ruling [Read Judgment]
The Supreme Court recently set aside NCLAT’s Ruling in the case of V Padmakumar v. Stressed Assets Stabilization Fund and held that balance sheets can amount to an acknowledgment of debts under...
![Balance sheets can amount to Acknowledgment of Debts under Section 18 of Limitation Act: Supreme Court sets aside NCLAT’s Ruling [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/Balance-sheets-acknowledgment-of-debts-Section-18-of-Limitation-Act-Supreme-Court-NCLATs-Ruling-Taxscan.jpg "Balance sheets can amount to Acknowledgment of Debts under Section 18 of Limitation Act: Supreme Court sets aside NCLAT’s Ruling [Read Judgment]")
Delhi High Court orders to reactivate DIN or DSC of Director alleged of Non-Filing of Annual Returns [Read Order]
The Delhi High Court ordered the reactivate the Director Identification Numbers (DINs) and Digital Signature Certificates (DSCs) of Directors alleged of Non-Filing of Annual Returns. Mr. Aman...
![Delhi High Court orders to reactivate DIN or DSC of Director alleged of Non-Filing of Annual Returns [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Delhi-HC-DINs-DSC-Non-Filing-Annual-Returns-taxscan.jpg "Delhi High Court orders to reactivate DIN or DSC of Director alleged of Non-Filing of Annual Returns [Read Order]")