Tag: covid-19
Pre-packaged insolvency resolution process for micro small and medium enterprises- IBC (Amendment) Ordinance 2021 The President of India has Promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance 2021to amend the Insolvency and Bankruptcy Code, 2016. According to the Ordinance, due to the COVID-19 pandemic impact on businesses, financial …
No interest on interest/compound interest/penal interest for moratorium period from any borrowers irrespective of sanctioned loan limit – Supreme Court ABCAUS Case Law CitationABCAUS 3475 (2021) (03) SC Important case law relied referred:Union Carbide Corporation Limited v. Union of India, (1991)4 SCC 584;M. Nagaraj vs. Union of India …
Expenses on carrying out awareness campaigns/programmes or public outreach campaigns on COVID-19 Vaccination is eligible CSR activity General Circular No. 01/2021 E-file no. CSR-10/9/2020-CSR-MCAGovernment of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R. P. Marg, New Delhi- 110 001 Date: 13th January 2021 …
Initiation of CIRP suspended for a further period of three months from 25.12.2020 The Ministry of Corporate Affairs (MCA) vide notification SO. 4638(E) dated 22nd December 2020 has further suspended the initiation of CIRP for a further period of three months from 25.12.2020 Download Notification Click Here …
RBI issues revised FAQs on Resolution Framework for Covid-19 related stress FAQs on Resolution Framework for Covid-19 related stress (Revised on December 12, 2020 1. In Paragraph 4 of the Annex to the Resolution Framework, it is stated that the reference date for the outstanding amount of debt …
CBDT issues 34 new FAQs on Vivad se Vishwas Act. Read Circular no. 21 of 2020 CBDT 34 new FAQs on Vivad se Vishwas The Direct Tax Vivad se Vishwas Act, 2020 (Vivad se Vishwas Scheme) was enacted on 17th March, 2020. The provisions of Vivad se Vishwas …
Extension of last date of filing of CRA-4 (cost audit report) for FY 2019-20 to 31.12.2020 General Circular No. 38/2020 Eoffice File No: 17/ 52/ 2020-CL-VGOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRS ToAll Regional Directors,All Registrars of Companies, All Stakeholders. 5th Floor, ‘A’ Wing Shastri Bhawan, Dr. R.P. Road, …
SEBI again gives relaxation in timelines for compliance with regulatory requirements by trading/ clearing members, depositories participants CIRCULAR SEBI/HO/MIRSD/DOP/CIR/P/2020/235 December 01, 2020 To,1. All Recognised Stock Exchanges and Clearing Corporations (including those in International Financial Services Centres)2. All Depositories3. Trading members / Clearing Members through Stock Exchanges/Clearing Corporations …
ICAI makes Arrangement for Discounted Diagnostic and Related Healthcare Tests for its Members & their dependents ICAI has made arrangements with Dr. Lal Path Labs Limited for discounted diagnostic and related healthcare tests for Member Chartered Accountants and their dependents. As per ICAI announcement, for availing the discount, …
CBIC allows contactless delivery of international courier shipments based on OTP validation as alternative proof of delivery Circular No. 47/2020-Customs F. No. 451/13/2020-Cus. V Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs ************ North Block, New Delhi …