The Ministry of Corporate Affairs vide General Circular No. 20/2020 dated 5th May 2020 has clarified that the companies are allowed to conduct Annual General Meeting (AGM) through Video Conferencing or other audio visual means due to lockdown or COVID-19 outbreak MCA has prescribed certain additional…
Cases: Hon'able Delhi High Court in a Landmark Judgement has responded to four (4) Writ petition of similar facts as mentioned Below BRAND EQUITY TREATIES LIMITED versus THE UNION OF INDIA & ORS. W.P.(C) 11040/2018) and C.M. No. 42982/2018 MICROMAX INFORMATICS LTD. versus UNION OF…
Circular No.138/08/2020 dated 06th May, 2020 provides as follows Issues related to Insolvency and Bankruptcy Code, 2016 Time limit for Registration by IRP/RP shall be 30 days from his/her appointment or 30th June whichever is later Relevant posts for understanding concept of IRP and GST…
Introduction & Brief Background: In line with its circular dated March 24, 2020, the Ministry of Corporate Affairs (‘MCA’) has introduced Companies Fresh Start Scheme, 2020 (‘CFSS, 2020’) vide circular no. 12/2020 under Section 460 of the Companies Act, 2013 (“Act”) read with Section 403. This…
Noting the difficulties involved in physical meetings due to Covid-19 and the lockdown Ministry of Corporate Affairs vide General Circular No. 20/2020 dated 5th May, 2020 allows Companies to hold their Annual General Meeting (AGM) through video conferencing (VC) or other audio visual means (OAVM)…
Notification No. 42/2020–Central Tax Dated 5th May, 2020 deals with relaxation given to taxpayers in UT of Jammu and Kashmir & Ladakh for filing of return in FORM GSTR-3B which reads as follows Full Text of the Notification No. 42/2020–Central Tax Dated 5th May, 2020…
CBIC Vide Notification No. 41/2020–Central Tax Dated 5th May, 2020 in supersession of Notification No. 15/2020 – Central Tax dated 23rd March 2020 has provided as follows "except as respects things done or omitted to be done before such supersession, the Commissioner,the Commissioner, on the recommendations…
Notification No. 35/2020 – Central Tax Dated 21st March 2020CBIC Vide Notification No. 40/2020–Central Tax Dated 5th May, 2020 has made following changes in Notification No. 35/2020 – Central Tax Dated 21st March 2020 Insertion of proviso "Provided that where an e-way bill has been…