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By Sameer Sah, Varun Narayan
On 8 February 2019, the Ministry of Corporate Affairs released the Companies (Significant Beneficial Owners) Amendment Rules 2019 to revise and amend the Companies (Significant Beneficial Owners) 2018.
By Bijal Ajinkya, Ritu Shaktawat, Srishti Mukherjee
In M/s HDFC Property Fund v Income Tax Officer, the Mumbai bench of the Income Tax Appellate Tribunal has, through an order dated 28 February 2019, ruled in favour of the taxpayer, a SEBI registered Venture Capital Fund ...
By Manisha Shroff, Ahana Sinha, Jessica Gandhi
The RBI, in its Statement on Developmental and Regulatory Policies dated 5 October 2018 recognised that while several measures had been undertaken in the recent past to facilitate foreign portfolio investment ...
By Raj Panchmatia, Jaideep Singh Khattar
Recently, in the case of Giriraj Garg v Coal India Limited and Others (Civil Appeal No. 1695 of 2019 decided on 15 February 2019), the Supreme Court has fortified the principle of incorporation of an arbitration clause ...
By Bijal Ajinkya, Ashish Mehta, Krutika Chitre
The HC dismissed the writ petition on all grounds.
By Ritu Shaktawat, Raghav Bajaj
To give a fillip to start-ups and not levy tax on excess premium received by them, the CBDT had earlier exempted registered start-ups from the applicability of angel tax.
By Ajay Bhargava, Ankur Sangal, Pragya Mishra
The Hon'ble Supreme Court of India (Supreme Court) in its judgment, in M/s SCG Contracts India Pvt. Ltd. v. K.S. Chamankar Infrastructure Pvt. Ltd. & Ors. held that the failure to file written statements within the statutory time period ...
By Dinesh Agrawal, Abhishek Deodhar
In its 33rd meeting held on 24 February 2019, the GST Council has recommended reduction in GST rates for under-construction residential properties.
By Anshul Prakash, Jeevan Ballav Panda, Meher Tandon, Abhisek Choudhury
A Bench of Hon'ble Justices Arun Mishra and Navin Sinha of the Hon'ble Supreme Court vide judgement dated 28 February 2019 in the case of The Regional Provident Fund Commissioner (II) West Bengal Vs Vivekananda Vidyamandir & Ors. ...
By Chakrapani Misra, Manavendra Mishra, Yashashree Munde, Garima Singh
On 22 January 2019, the National Green Tribunal, Principal Bench, New Delhi in the case of Saloni Singh & Anr v Union of India & Ors inter alia, directed the Railway Administration, Ministry of Railways, Government of India ...
By Manisha Shroff, Ahana Sinha, Ashwij Ramaiah
With these liberalisations, it is apparent that the objective is to increase the inflow of foreign debt investment into India.
By Vanita Bhargava, Wamika Trehan, Zacarias Joseph, Shweta Kabra
The appellants submitted that while the Code includes the concept of a ‘personal guarantor', it does not recognize the concept of a corporate guarantor.
By Parag Bhide, Aakash Dasgupta
On 21 February 2019, the Ministry of Corporate Affairs (MCA) notified changes to the Companies (Incorporation) Rules, 2014 introducing a one-time form filing requirement confirming the active status of companies.
By Atul Pandey, Bhaskar Banerji, Arpita Maheshwari
On 1 January 2019, the Ministry of Commerce and Industry vide Press Note No.1 of 2019 Series specified the list of defence items under the Industries (Development and Regulation) Act, 1951 and the list of arms and ammunitions ...
By Sameer Sah, Varun Narayan
On 8 February 2019, the Ministry of Corporate Affairs released the Companies (Significant Beneficial Owners) Amendment Rules, 2019 to revise and amend the Companies (Significant Beneficial Owners), 2018.
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