24 NPA Accounts to make reference to NCLT by banks
With the closure of Reserve Bank of India’s (RBI) deadline to resolve the 28 identified large stressed accounts in the second list, banks are gearing up to
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Arbitration Clause vs RERA Complaints
A detailed article where you will know every thing about an arbitration clause and how it can impact the Builder-Buyer agreement.
Supreme Court stays NCLT order allowing government to take control of Unitech
New Delhi: The Supreme Court on Wednesday stayed an order of the National Company Law Tribunal (NCLT) that allowed the government to take control of troubled builder Unitech Ltd by suspending its board. “NCLT should not have passed the order. We direct the stay of the order dated 8 December,” said Chief Justice Dipak Misra. The … Continue reading “Supreme Court stays NCLT order allowing government to take control of Unitech”
SC refuses to grant more time to Jaiprakash Associates for depositing Rs125 crore.
New Delhi: The Supreme Court on Thursday refused to grant extension of time to Jaiprakash Associates Ltd (JAL) to deposit Rs125 crore. The amount is to be deposited by the end of this month. JAL was seeking time until 31 January to deposit Rs125 crore. As of now, the company’s liability is Rs1,525 crores. “Comply with … Continue reading “SC refuses to grant more time to Jaiprakash Associates for depositing Rs125 crore.”
Why Legal Analysis of Documents or Process under RERA is Required
A detailed article about that why legal document or agreement is required for review by builders. take a look.
Haryana RERA issues notices to 140 Builders
The interim Haryana Real Estate Regulatory Authority (H-RERA) has slapped notices on 140 residential projects across the state for “not applying” for registration under the Act. Sources said that most of the registrations applied are either “incomplete” or were in “wrong format”. All these projects are currently under construction and haven’t received any occupation certificate. Accordingly officials aforesaid that … Continue reading “Haryana RERA issues notices to 140 Builders”
File an Appeal if your Claim gets Rejected by Accessing Officer
After demonetization, there has been cases where in the businesses or individuals have deposited huge amounts in to their bank account. In such cases they received income tax department’s notice to explain the source of the cash. Although the cash deposited was made out of sale, individuals were asked for explanation. There can be possibility … Continue reading “File an Appeal if your Claim gets Rejected by Accessing Officer”
GST Impact on Small and Medium Enterprises
The benefits of implementing GST on SMEs will play a vital role in shaping India’s economy in the coming years.
Demands and Recovery under GST
To recover any tax not paid inadvertently, GST provides for various provisions whereby a proper officer can demand and recover such amount of tax along with interest and penalty.
Audit under GST
Goods and Service tax will be one tax to subsume all taxes. It will bring in the To maintain a check and examine whether correct GST is being paid and the refund is claimed…
Can Same Trademark Be Registered In Different Countries?
Trademark coexistence means a situation in which two different enterprises use a similar or identical trademark to market a product or service without necessarily interfering with each other businesses.
Do You Know The Importance of Invoice in GST?
It is generally issued by the supplier notifying the purchaser of the obligation to make payment in respect of any transaction.
How is GST going to affect MSMEs?
GST is an indirect taxation in India which is supposed to merge most of the existing taxes into a single system of taxation.
Closing A Company Is Not An Easy Task, Know Clauses To Close A Company
A business may need to be closed for many reasons that may be due to business failure or any other unavoidable circumstances.
Highlight from 2nd edition of FAQ on GST dated 31.3.2017
CBEC has released 2nd edition of FAQ clarifying Central Goods and Service Tax (CGST) Bill, Integrated Goods and Service Tax (IGST) Bill, Union Territory Goods and Service Tax (UGST) Bill and the Goods and Service Tax (Compensation to the States) Bill passed in the Lok Sabha.
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