How to Surrender Director Identification Number (DIN)

Hello readers, Trust all of you enjoying our corporate law updates. Today I would like to share one write-up regarding the surrender of Directors Identification Number (DIN). Hope you will share this with your loved ones. Applicable Section - Section 153 of the...
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Delhi Metro corridor from Noida City Centre to Sector-62, Noida Uttar Pradesh

In a major boost to public transport infrastructure in NOIDA, the Union Cabinet Chaired by Prime Minister Shri Narendra Modi has approved the extension of Delhi Metro corridor from Noida City Centre to Sector-62, Noida Uttar Pradesh covering a length of 6.675 k.m. at...
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13 NBFCs surrender their Certificate of Registration to RBI

The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled...
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Additional fee @Rs.100 per day applicable from July 01, 2018

The Companies (Registration Offices and Fees) Second Amendment Rules 2018 has been notified on 7th May 2018. Accordingly, in case the due date of filings under Section 92 (Annual Return) or 137 (Annual Financial Statement) of the Companies Act, 2013 expires...
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Amendment in DTAA between India and Kuwait

A Protocol to amend the existing Double Taxation Avoidance Agreement (DTAA) between India and Kuwait signed on 15.06.2006 for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income was signed on 15.01.2017. The said...
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One CS, Insolvency Professional suspended for one year – IBBI

Registration of Ms. Bhavna Sanjay Ruia (Company Secretary and IP) has been suspended for 1 year and DC of IBBI termed her as "not a fit and proper person" for being an IP. The matter was primarily related to her fees as an IP which was not reasonable in the eyes of...
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27th GST council meeting results – 04.05.2018

The incentive to promote Digital Transactions Keeping in view the need to move towards a less cash economy, the Council has discussed in detail the proposal of a concession of 2% in GST rate [where the GST rate is 3% or more, 1% each from applicable CGST and SGST...
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