Corporate Laws Page 144

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Profit Element embedded in Purchases would be subjected to Tax, not the entire Amount: Bombay HC

The Bombay High court held that the profit element embedded in purchases would be subjected to tax and not to the entire amount. The division bench...

Companies and LLPs to file web-based form ‘CAR’ for confirming their readiness towards COVID-19: MCA

MCA mandates Time Frame for Filing Declaration in Form NDH-4 by Nidhi Companies

ICSI establishes Auditing Standards on Secretarial Audit from 1st April Onwards

COVID-19: SEBI relaxes Quarterly Compliances [Read Circular]

Auditing Standard on Auditing Engagement Mandatory from April 1st Onwards: ICSI

The Institute of Company Secretaries of India (ICSI) gives out guidelines on Auditing Standards. The standard will be mandatorily applied for Auditing Engagement accepted by the Auditor on 1st April...

Video Conferencing an alternative way for AGM to avoid the spread of COVID-19: MCA

The Ministry of Corporate Affairs ( MCA ) has notified that the video conferencing is an alternative way for the Annual General Meetings (AGM) of the company in order to avoid the spread of COVID-19. ...

RBI issues guidelines on regulation of Payment Aggregators and Gateways [Read Circular]

The Reserve Bank of India (RBI) has issued guidelines on the regulation of Payment Aggregators and Gateways. The RBI also issued directions for opening and operation of accounts and settlement of...

NCLAT finds AMMA liable for the violation of the Anti-Competitive Conduct [Read Order]

In a recent judgment, the National Company Law Appellate Tribunal(NCLAT) dismissed the appeal filed by ‘Association of Malayalam Movie Artistes’ (AMMA), Film Employees Federation of Kerala’ (FEFKA),...

Govt reconstitutes Advisory Board of COFEPOSA [Read Notification]

The Government of India has reconstituted the Advisory Board of COFEPOSA for the period of one year and the Advisory board will be headed by then Chief Justice D.N. Patel as the chairperson. The...

Critical Analysis of the Companies (Amendment) Bill, 2020

Amendment to the Companies Act, 2013 (‘the Act’) seems to be a routine activity of the Government. The Act was amended by the Companies Amendment Act, 2015, 2017, 2019 and now, in 2020 (as proposed)....

Companies (Amendment) Bill, 2020: Step to Decriminalise Minor Procedural Lapses introduced in Lok Sabha [Read Bill]

The Government of India has introduced the Companies (Amendment) Bill, 2020 in Lok Sabha with the motive to decriminalise the procedural lapses. The Government of India with the objective to ease the...

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