Business Law - Corporate Law Reporter

Point of Taxation (Second Amendment) Rules, 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 21/2016-Service Tax, New Delhi, the 30th March, 2016 G.S.R.---(E).- In exercise of the powers conferred by clause (a) and clause (hhh) of subsection (2) of section 94 of the… Read More

Court fee must be refunded in case of compromise-High Court

The Punjab and Haryana High Court has ruled that court fee must be refunded in all cases that end up in a compromise. The ruling by the HC is likely to save litigants a significant amount of money. The ruling by the court is applicable in all cases. The suit is to be determined by… Read More

Marketing Campaign in India for International Registration of Trade Marks

Release of report by IIM Bangalore on “Marketing Campaign in India for International Registration of Trade Marks” in cooperation with WIPO and DIPP (Department Of Industrial Policy & Promotion) Marketing Campaign in India for International Registration of Trade Marks Read More

Frequently Asked Questions (FAQs) – Startupindia

The Department Of Industrial Policy & Promotion has released Frequently Asked Questions (FAQs) for Startupindia dated 30th March, 2016. Please click here for Frequently Asked Questions (FAQs) for Startupindia Read More

Insurance Regulatory and Development Authority of India (Lloyd’s India) Regulations, 2016

Insurance Regulatory and Development Authority of India (Lloyd’s India) Regulations, 2016 F. No. IRDAI/Reg/4/116/2016- In exercise of the powers conferred by section 3, 6 and 114A of the Insurance Act, 1938, and sections 14 read with 26 of the Insurance Regulatory and Development Authority of India Act, 1999, the Authority, in consultation with the Insurance… Read More

Part Redemption and payment of interest on Non Convertible Debentures of Satin Creditcare Network Limited

Trading Members of the Exchange are hereby informed that, Satin Creditcare Network Limited has fixed Record Date for the purpose of Part Redemption of Non-Convertible Debentures of the company and payment of interest thereon. Trading Members are requested to note that trading in the Non-Convertible Debentures of the company will be with reduced face value… Read More

DRDO to Bring Alive Spirit of ‘Make In India’ at Defexpo 2016

The display of state-of-the-art military systems and technologies by Defence Research & Development Organisation (DRDO) will narrate the saga of self-reliance & national pride with “Make in India” spirit in Defence Expo 2016 during 28th-31st March at Goa. Hon’ble RakshaMantri Shri Manohar Parrikar will inaugurate the ninth edition of this biennial Land, Naval and Internal… Read More

Critical Analysis and over all effect of Interplay between SICA1985 & SARFASI ACT,2002

As in M/S Madras Petrochem Ltd.& Anr vs Bifr & Ors in this case Hon ble Supreme Court decided a interesting questions on the interplay between the Sick Industrial Companies (Special Provisions) Act, 1985 and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and overall position and effect under… Read More

Implementation of RTI Act, 2005 to be strengthened

Implementation of RTI Act, 2005 to be strengthened DoPT invites views/suggestions by 31st March, 2016 A Committee of Experts consisting of Shri A.N. Tiwari, former Chief Information Commissioner and Dr. M.M. Ansari, former Information Commissioner of Central Information Commission was constituted to recommend, inter-alia, measures to further strengthen implementation of Section 4 of the RTI… Read More

‘India Aviation’ 2016 resonates well with our policy initiatives of ‘Make in India’, ‘Stand up India’ and ‘Start up India’, says President

The President of India, Shri Pranab Mukherjee inaugurated the 5thEdition of ‘India Aviation’ today (March 16, 2016) at Hyderabad. Speaking on the occasion, the President said India is at the threshold of taking a major leap in the aviation sector. ‘India Aviation’ 2016 is well timed and resonates well with our latest policy initiatives of… Read More

Rules in respect of Fund Manager Regime under Section 9A of the Income-tax Act, 1961

Section 9A of the Income-tax Act, 1961 (the Act) provides for special taxation regime with effect from 01.04.2016 to facilitate location of fund managers of off shore funds in India. Under this regime, the fund management activity carried-out through an eligible fund manager in India by an eligible investment fund does not constitute business connection… Read More

Impact of ‘make In India’ Programme

The Prime Minister of India launched the “Make in India” global initiative on 25th September 2014. ‘Make in India’ initiative aims at promoting India as an important investment destination and a global hub for manufacturing design and innovation, to invite both domestic and foreign investors to invest in India. The initiative is aimed at creating… Read More

FDI in E-Commerce

Enforcement Directorate conducts investigations under the Foreign Exchange Management Act, 1999 (FEMA) for possible contravention of FDI norms/ policy by various entities as and when any credible information is received in this regard. Based on the outcome of the investigation, appropriate action under the provision of FEMA is taken in such cases. With a view… Read More