FACTS: The plaintiff is Rajeev Saumitra who began the business of imparting education under the banner of Paramount coaching centre in January 2005 as a sole proprietor. Defendant No.1 is the plaintiff’s wife, Neetu Singh, defendant No.2 is K.D Campus Pvt. Ltd., the One Person Company of defendant No.1 and defendant No.3 is Paramount Coaching …
I. Introduction of BSE SME Platform Small and medium enterprises (SMEs) in developing countries like India are the backbone of the nation’s economy. They constitute the bulk of the industrial base and also contribute significantly to their exports as well as to their Gross Domestic Product (GDP) or Gross National Product (GNP). Micro, Small and …
S. No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise duty payment GAR 7 Central Excise Rules, 2002 5th February 2016 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th February 2016 3 Monthly return for production and removal of goods and other relevant particulars and …
Introduction: The Central Government vide MCA Notification dated 22nd January, 2016 made the following amendments to the Companies (Incorporation) Rules, 2014. These Rules are called Companies (Incorporation) Amendment Rules, 2016 (herein after referred as ‘Amendment Rules’) which are effective from 26th January, 2016. (I) Amendment Undesirable Names: In the Companies (Incorporation) Rules, 20l4 (herein after …
1. Word: sua sponte Definition: upon its own motion, initiation or will; without a prior request Meaning and use of the word: describes an act of authority taken without formal prompting from another party. The term is usually applied to actions by a judge taken without a prior motion or request from the parties. 2. …
I. FACTS:- A complaint was filed by the respondent against the petitioner under Section 138 of the NI Act with allegations that an amount of Rs.1,05,000/- was taken by the petitioner/accused on credit and against repayment of the said amount, three different cheques were given to him cheque (1) and (2) being of Axis Bank, …
I. Introduction: The Juvenile Justice (Care and Protection of Children) Act, 2015 has come into force with effect from 15th January, 2016 repealing the 15-year-old Juvenile Justice (Care and Protection of Children) Act, 2000. II. Background: In much hyped Nirbhaya case, it was found that one of the accused was yet to turn 18 years …
Qatar Financial Markets Authority (“QFMA”) was established under Law No. 33 of 2005 as an independent regulatory authority to supervise the financial markets and firms that are authorized to conduct activities related to securities in or from the State of Qatar, and empowered to exercise regulatory oversight and enforcement over the capital markets. QFMA has …
Dear Friends I am sharing my thoughts on few topics which have engaged minds of government, entrepreneurs, corporates, professionals etc., during last few weeks. Startup India: Our Honorable Primer Minister Mr. Modi recently launched an ambitious action plan for Startup India on 16th Jan 2016 in Delhi in the presence of celebrity startup founders from …
Circulars: Whether Hindu Undivided Family HUF)/ its Karta can become partner/Designated Partner (DP) in Limited Liability Partnership (LLP) vide MCA Circular No. 02/2016 Reference is invited to General Circular No. 13/2013 wherein, in paragraph 2, it has been clarified that “as per section 5 of LLP Act, 2008 only an individual or body corporate may …
Don’t miss our future updates! Get Subscribed Today!