Month: July 2018

ANALYSIS OF NEGOTIABLE INSTRUMENTS AMENDMENT ACT, 2018

Lok Sabha Passes Amendment To Negotiable Instruments Act;- Provision For Interim Compensation to Payee Introduced 1. WHAT IS NEGOTIABLE INSTRUMENTS-ALL ABOUT A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer usually named on the document. More specifically, it is a document contemplated by or consisting of a contract, which promises the payment of money without condition, which may be paid either on demand or at a future date. The term can have different meanings, depending on what law is being applied and...

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How to update old watchdata proxkey token free?

Hello everyone….!! Hope you’re enjoying our corporate law updates. Today we would like to share the process – How to update old watchdata proxkey token free? Kindly update your Watchdata proxkey tokens before 31.07.2018 otherwise you need to pay charges for updation. The entire process of updating is mentioned below:- Step 1  Firstly uninstall all the “WD Proxkey software” which are previously installed.  Step 2  Install the ProxKey Offline Upgrade Utility Tools from (https://knowledge.cryptoplanet.in/article/proxkey-token-upgrade-offline-utility/ a icon has been created at your desktop (ProxKey Offline Upgrade) Step 3  Click on ‘Get Update Key’.You will be redirected to a website https://upgrade.cryptoplanet.in Step 4  If your token is eligible for...

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NCLT CHENNAI APPROVED MERGER OF LLP INTO COMPANY

Hello Readers..!! Hope all of you doing amazing in life; Today we would like to share the most important information about the merger of LLP into Company. As per recent order of NCLT bench Chennai, the merger of LLP into Company possible without any express provision for the same in either Companies Act or LLP Act. The complete information about this case displays below:- Order Passed By – NCLT Bench Chennai Order Passed On – 11.06.2018 Petitioner – Real Image LLP (Transferor) & Qube Cinema Technologies Private Limited (Transferee) Judge – CH. Mohd. sharief Tariq Section – 230 to 232 of...

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Examination for Confirmation of Enrollment of GST Practitioners

National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has been authorized to conduct an examination for confirmation of enrollment of Goods and Service Tax Practitioners (GSTP) in terms of sub-rule (3) of rule 83 of the Central Goods and Service Tax Rules, 2017, vide Notification No. 24/2018-Central Tax dated 28.5.2018. The GSTPs covered under rule 83(1)(b) read with the second proviso to rule 83 (3) of said rules, are required to pass the said examination before 31.12.2018. The schedule of examination, syllabus of examination and the website for registration for examination will be notified in due...

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Inviting feedback and suggestions on the proposed changes in the GST Law

The document containing draft proposals for amending the CGST Act, 2017, IGST Act, 2017 and the GST (Compensation to States) Act, 2017 has been uploaded on the MyGov.in, inviting feedback and suggestions on the said proposals, from all the stakeholders. The link to the uploaded document on MyGov.in portal is “https://www.mygov.in/group-issue/stakeholder-consultation-proposed-changes-gst-laws/”. You are requested to share feedback and suggestions if any latest by 15th Jul...

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