Discharge of Insolvency Professional only when incapacitated either physically or legally – IBBI Discussion Paper

Discharge of Insolvency Professional only when incapacitated either physically or legally. Other ground to attract debar for 5 years.  Insolvency and Bankruptcy Board of India Discussion Paper 21st June, 2018 Subject: Discharge from Responsibility as Interim Resolution Professional, Resolution Professional or Liquidator of the Corporate Processes under the …

Decisions taken by SEBI in its Board Meeting dated 21st June, 2018

SEBI in its Board Meeting dated 21st June, 2018 has taken the following decisions: 1. Review of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 The Board has approved certain amendments to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As part of the amendments, it …

FAQ clarifying certain issues under GST-Circular by CBIC

FAQ clarifying certain issues under GST-Circular by CBIC Central Board of Indirect Taxes and Customs (CBIC) has issued the following FAQ vide Circular No. 48/22/2018-GST clarifying  certain issues under GST. Sl. No Issue Clarification 1 Whether services of short-term accommodation, conferencing, banqueting etc. provided to a Special Economic Zone (SEZ) …

ICAI calls information from practicing CAs on networking relationship or affiliation in terms of Supreme Court judgment

ICAI calls information from practicing CAs on networking relationship or affiliation in terms of Supreme Court judgment on operations of multinational accounting firms in India With regard to Operations of Multinational Accounting Firms in India, the Hon’ble Supreme Court of India,  vide its Judgement dated 23rd February, 2018 in Civil Appeal …