Month: April 2011

Listed below are the Compliances for the period 25th April to 25th May

  S. No. Compliance Form to be filed Relevant Law Due date 1. Payment of Service tax TR-6 Service Tax Rules, 1994 5th May 2. Excise Duty payment GAR 7 Central Excise Rules, 2002, 5th May 3. Half yearly return of contribution Form 6 Employees  State Insurance Act, 1948 12th May 4. Professional Tax Monthly Return …

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Industrial Development Bank Of India V. Thapar Agro Mills Ltd (2011)

1. No decree can create a charge on the assets of the Company unless it is registered  under Section 125 of the Companies Act, 1956 Case Law : INDUSTRIAL DEVELOPMENT BANK OF INDIA v. THAPAR AGRO MILLS LTD (2011) Decided on – 17-03-2011 The Appellant advanced loan to the Company which is in liquidation against allotment …

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The latin legal terms ‘pro tempore’ and ‘Non est factum

The  latin legal terms ‘pro tempore’ and ‘Non est factum’  are discussed below: Word : Pro tempore Meaning: “for the time being”. This phrase is often used to describe a person who acts as a placeholder in the absence of a superior.  Legislative bodies can have one or more pro tempore. Example: In the absence …

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Role of Corporate Sector in Agribusiness

Introduction Agriculture Sector plays a very vital role in India’s economic, social and political growth.  The growing momentum in the agri-business and allied activities is very much visible from – increasing improvements in agriculture sector adoption of innovative management practices (both on-farm and off-farm) value addition due to modern technology, knowledge and financial assistance various …

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Trends in Different Sectors of Agri Industry

Food Processing industry The food processing sector is highly fragmented industry, it widely comprises of the following subsegments: fruits and vegetables, milk and milk products, beer and alcoholic beverages, meat and poultry, marine products, grain processing, packaged or convenience food and packaged drinks. A huge number of entrepreneurs in this industry are small in terms of their …

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Foreign Direct Investment in Agriculture Sector

The global expertise and knowledge are also much needed to develop this growing sector. 100 per cent foreign direct investment (FDI) is allowed under automatic route in Floriculture, Horticulture, Development of Seeds, Animal Husbandry, Pisciculture, Aquaculture and Cultivation of Vegetables and Mushrooms under controlled conditions and services related to agro and allied sector. Besides the above, FDI …

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Role of Corporate Sector in Agri

[vc_row][vc_column][vc_column_text]The corporate sector has an important role to play in generation and diffusion of technology in the years to come. This can be a major driver of change in Indian agriculture. However, technological advancement alone, without access to markets, is  not sufficient to bring about a revolutionary change. We have to accept the fact that the technological infusion …

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The foreign trade(development and regulation) AMENDMENTACT, 2010

In 1992, the Government enacted the Foreign Trade (Development and Regulation)  Act, 1992 (‘the principal Act’) to enable development and regulation of foreign trade by facilitating imports and enhancing exports from India. In order to address certain requirements like bringing in tighter export/ trade control in case of goods and related technologies, ensure conformity with India’s commitments to WTO/ …

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