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Blog, News, Company Law

July 10, 2024

Penalty for Non-Listing of Non-Convertible Securities Would Accrue on a Daily Basis at 1% p.a. for Period of Delay | SEBI

Informal Guidance No. SEBI/HO/DDHS/DDHS-PoD-1/P/OW/2024/0000022159/1, Dated: … Continue reading “Penalty for Non-Listing of Non-Convertible Securities Would Accrue on a Daily Basis at 1% p.a. for Period of Delay | SEBI”

Blog, News, Company Law

July 10, 2024

Equity ETFs & Index Funds Can Invest in Group Companies of Sponsor, With a Cap of 35% of the Scheme’s NAV

Circular No. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2024/098, Dated 08.07.2024 … Continue reading “Equity ETFs & Index Funds Can Invest in Group Companies of Sponsor, With a Cap of 35% of the Scheme’s NAV”

Blog, News, FEMA & Banking

July 10, 2024

HC Orders Bank to Supply Investigation Report and Annexures with SCN for Fraud Categorization of Petitioner’s a/c

Case Details: Ascon Dairy (P.) … Continue reading “HC Orders Bank to Supply Investigation Report and Annexures with SCN for Fraud Categorization of Petitioner’s a/c”

Blog, News, Account & Audit

July 10, 2024

Interest Payable on Disputed Liability Settlement Not Considered as Exceptional Items

A Limited enters into partnership … Continue reading “Interest Payable on Disputed Liability Settlement Not Considered as Exceptional Items”

Blog, News, International Tax

July 9, 2024

[Opinion] The Rise and Fall of Most Favored Nation Clause in Indian Tax Treaties

Priyanka Jain – [2024] 164 … Continue reading “[Opinion] The Rise and Fall of Most Favored Nation Clause in Indian Tax Treaties”

Blog, News, Income Tax

July 9, 2024

No Reassessment to Tax Notional Capital Gains on Shares if They Weren’t Sold During Relevant Year | HC

Case Details: Aditya Vijay Mirchandani … Continue reading “No Reassessment to Tax Notional Capital Gains on Shares if They Weren’t Sold During Relevant Year | HC”

News, Blog, Company Law

July 9, 2024

[Opinion] When Timing is Everything | The Fallout of Delayed Additional Director Regularization

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] When Timing is Everything | The Fallout of Delayed Additional Director Regularization”

Blog, News, FEMA & Banking

July 9, 2024

Trial Required to Assess if Cheques With Purchase Order Discharge Outstanding Dues or Not | HC

Case Details: Sufi International (P.) … Continue reading “Trial Required to Assess if Cheques With Purchase Order Discharge Outstanding Dues or Not | HC”

Blog, News, Account & Audit

July 9, 2024

NFRA Strikes Again | Non-compliance of the Standard of Auditing and Ind AS Led to Two Years of Debarment.

NFRA is empowered under Section … Continue reading “NFRA Strikes Again | Non-compliance of the Standard of Auditing and Ind AS Led to Two Years of Debarment.”

Blog, News, GST & Customs

July 9, 2024

E-filing of Appeal Within Prescribed Time Limit to Be Considered Valid Even if Physical Copies Were Not Submitted in Time | HC

Case Details: Neospark Drugs and … Continue reading “E-filing of Appeal Within Prescribed Time Limit to Be Considered Valid Even if Physical Copies Were Not Submitted in Time | HC”