Electoral Bond Scheme 2018 notified by the Government The Central Government, on 2nd Januray, 2018 notified the much talked Electrical Bond Scheme. According to the Government, the Bonds will bring substantial transparency in political donations as against the present system of contributions in the election funding mechanism. The Government …
7.75% Savings Taxable Bonds 2018 main features of the scheme. Government has notified 7.75% Savings (Taxable) Bonds 2018 commencing from 10th January 2018 The Government of India has announced to launch of 7.75% Savings (Taxable) Bonds, 2018 commencing from 10th January 2018 to enable resident citizens/HUF to invest in …
Insolvency professional to use Registration Number and Registered Address in all his communications with his name, address email and capacity In a recent circular Insolvency and Bankruptcy Board of India (IBBI) has directed that in all his communications, whether by way of public announcement or otherwise to a …
Insolvency professional to ensure compliance with applicable laws. Loss or penalty for non-compliance do not form part of insolvency resolution process cost A corporate person undergoing insolvency resolution process, fast track insolvency resolution process, liquidation process or voluntary liquidation process under the Insolvency and Bankruptcy Code, 2016 (Code) …
Insolvency professional not to outsource his responsibilities. The Code read with regulations do not envisage such a certification from a third person. The Insolvency and Bankruptcy Code, 2016 (Code) read with regulations made thereunder cast specific duties and responsibilities on an insolvency professional. An insolvency professional is required to …
UPVAT allows issue of manual printed Form-C for closed firms with turnover of more than Rs 25 lakhs In a recent circular issued by UPVAT, issuance of manual printed Form-C for closed firms with turnover of more than Rs 25 lakhs has been allowed. Manual printed Form-C shall …
