Corporate Law Reporter - The Daily Journal

Issue of multicity / payable at all branches cheques by CBS enabled banks

RBI/2012-13/163 DPSS.CO.CHD.No.274/03.01.02/2012-13 August 10, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir Issue of multicity / payable at all branches cheques by CBS enabled banks As you are aware, various… Read More

Amendment of Standard Input Output Norms

(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY) PART-I SECTION-1; GOVERNMENT OF INDIA; MINISTRY OF COMMERCE & INDUSTRY; DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 14 /(RE-2012)/2009-2014 DATED: 09/08/2012 Subject:- Amendment of Standard Input Output Norms (SION) at S. No. H -97. In exercise of the powers conferred under Paragraph 2.4 of… Read More

Delay in filing Form 23C will now attract additional fees

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART-II, SECTION-3, SUB-SECTION (i)] GOVERNMENT OF INDIA; MINISTRY OF CORPORATE AFFAIRS NOTIFICATION NEW DELHI, the 7th August, 2012 G.S.R. 617(E).- In exercise of the powers conferred by sub-section (1) of section 642, read with sub-section (2) of section 637A of the Companies Act, 1956 (1 of… Read More

CG makes further rules to amend the Service Tax Rules, 1994

[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. 46/2012 - Service Tax; Dated 7th August, 2012 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) read with sub-section (2) of section 94 of the Finance Act,… Read More

Amendment in Notification No. 30/2012-Service Tax, dated 20th June,2012

[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. 45/2012 - Service Tax ; Dated 7th August, 2012 G.S.R. (E).- In exercise of the powers conferred by sub-section (2) of section 68 of the Finance Act, 1994 (32 of… Read More

Amendment in the Notification No.25/2012-Service Tax, dated 20th June,2012

[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. 44/2012 - Service Tax; Dated the 7th August, 2012 G.S.R. (E)- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of… Read More

Investment Tracking System to track all Public Sector Undertaking Projects with an investment of Rs. 1000 crore

Government has set up an Investment Tracking System Projects with an investment of Rs. 1000 crore and above. The purpose of this mechanism is to periodically monitor implementation of projects and identify systemic issues and attempt to have been resolved. Under Investment Tracking System, National Manufacturing Competitiveness Council (NMCC) is mandated to track all Public… Read More

Necessary steps to be taken to curb Trademark infringements

Under the Trademarks Act, 1999, the Registered Proprietor or the authorized user of a trademark can take recourse to civil or criminal action against the infringer in the appropriate fora. The statistics of trademark infringements is not maintained by the Central Government. The accession (proposed notification of Trademark rules under the Trademark (Amendment) Act, 2010… Read More

Revised Kisan Credit Card (KCC) Scheme

RBI/2012-13/162 RPCD.FSD.BC.No.23/05.05.09/2012-13; Dated : August 7, 2012; The Chairman and Manager Director/CEOs All Scheduled Commercial Banks (Excluding RRBs) Madam / Dear Sir, Revised Kisan Credit Card (KCC) Scheme Please refer to our circular RPCD.FSD.BC.No. 77/05.05.09/2011-12 dated May 11, 2012 on the above subject. 2. It has been decided to make certain changes in the revised… Read More

Extension of anti-dumping duty on imports of ˜Hexamine™ for one more year

[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. 38/2012-Customs (ADD); Dated the 6th August, 2012 G.S.R (E). -Whereas, the designated authority vide notification No. 15/1000/2012-DGAD, dated the 17th July, 2012, published in Part I, Section 1 of the… Read More

24×7 Customs clearance operations

Circular No. 22/2012 - Customs F.No.450/25/2009-Cus.IV Government of India; Ministry of Finance; Department of Revenue; Central Board of Excise & Customs Dated 7th August, 2012. To, All Chief Commissioners of Customs / Customs (Prev);All Chief Commissioners of Customs & Central Excise; All Commissioners of Customs / Customs (Prev); All Commissioners of Customs (Appeals); All Commissioners… Read More

Company Law Settlement Scheme, (Jammu & Kashmir) 2012

General Circular No. 23/2012 F. No. 17/147/2012-CL V Government of India Ministry of Corporate Affairs; Dated the 6th August, 2012 All Regional Director, All Registrars of Companies. Subject: Company Law Settlement Scheme, (Jammu & Kashmir) 2012 It has been observed that a large number of companies are not filing their due statutory documents (i.e. Balance Sheets… Read More

India signs Tax Information Exchange Agreement with Monaco

Press release, dated 1-8-2012 Government of India and Government of Principality of Monaco have signed a Tax Information Exchange Agreement (TIEA) yesterday. The agreement was signed by the Minister of State for Finance, Shri S S Palanimanickam from Indian side and Counsellor of Government for Finances and Economy, Mr. Marco Piccinini from Monaco side. This… Read More