LABOUR & OTHER COMPLIANCE’S FOR THE MONTH OF APRIL 2013 S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 31st March, 2013 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 31st March, 2013 3 Quarterly Return for the …
Tough people There are many starters in life – but very few finish what they start. When the going gets tough, most people fold. They don’t persist hard enough or persevere long enough. They don’t take enough personal initiative to make it happen – they don’t go the extra mile. There are three kinds of …
[vc_row][vc_column][vc_column_text] The ordinary sources of finance are equity and preference shares, debentures and other debt securities. But companies, as they expand their activities, need more and more funds and this has led them to borrow from banks and financial institutions. But it puts the company under management & control of those financial institutions. This has …
Insight – Acceptance Of Deposits under Companies Act, 1956 Read More »
A Company Secretary holds a key position in the Company as the Compliance Officer of the Company. Though he is an officer in default under Section 5 of the Companies Act, 1956 and primarily responsible for the compliance of the provisions of the Companies Act, 1956, in view of the changes in the regulatory frame …
C.P. No. 612 of 2012 Decided on : 04/01/2013 Companies Act 1956 – Section 433 – Winding up – disputes over unpaid rent – time of handing over possession of premises highly disputed whether petition to be admitted – Held, No. Brief facts : The Petitioner gave on rent the ground floor of the property …
PLD INTERNATIONAL PVT LTD V. REEBOK INDIA COMPANY (DEL) Read More »
C.A. No. 2386 of 2012 in C.P. No. 179 of 1994 Decided on: 11/12/2012 Companies Act: Sections 454(5), 468, 477, 481 -Company under Liquidation -Official Liquidator(OL) Could not take possession of any moveable and immovable assets of the Company – no other assets available for realization – whether the company should be dissolved and liquidation …
SHRI RAM BEARING LTD V. TRISHAKTI ELECTRONICS P. LTD (DEL) Read More »
India has been traditionally vulnerable to natural disasters on account of its unique geo-climatic conditions. Floods, droughts, cyclones, earthquakes and landslides have been a recurrent phenomena. Being highly vulnerable to natural disaster, 25 states out of a total of 35 states/UTs in India are considered disaster prone. 68% of Indian land is draught prone, 12% …
External Commercial Borrowings (ECB) is an instrument used in India to facilitate the access to foreign money by Indian Corporates. ECB refer to commercial loans in the form of bank loans, buyers’ credit, suppliers’ credit, securitized instruments (e.g. floating rate notes and fixed rate bonds, non-convertible, optionally convertible or partially convertible preference shares) availed of …
In the earlier issue we discussed on Section 4 of the Companies Act, 1956 and in the present issue we shall proceed with Section 5 of the Companies Act which deals with Officer who is in default. Query No 1: When will the criminal liability of the ordinary directors arise? Decided Case law : Smt. …
LABOUR LAW & OTHER COMPLIANCE’S FOR THE MONTH OF MARCH 2013 S. No Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5thMarch,2013 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5thMarch,2013 3 Tax Deducted at Source Payment Challan …
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