Author: Sukhwinder Singh

RBI cancels Certificate of Registration of 28 NBFCs

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 cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Steel City Automotives Products Private Limited 67, New Baradwari, Sakchi, Jamshedpur, Purba Singhbhum, Jharkhand-831 001 B.15.00032 September 25, 2001 June 27, 2018 2. M/s Hindustan Products Limited Sihodi, P.O.-Sirsia, Giridih, Jharkhand-815 301 B.15.00051 December 11, 2002 June 27, 2018 3. M/s Ranchi Finance Company Private Limited West Market...

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RBI cancels Certificate of Registration of 26 NBFCs

The Reserve Bank of India, in the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Office Address CoR No. Issued On Cancellation Order Date 1. M/s Hem Textile & Trading Co. Pvt. Ltd. 205, Rabindra Sarani, 4th Floor, Room No. 149A, Kolkata-700 007 B.05.05968 November 12, 2003 June 01, 2018 2. M/s Bee Tee Credit & Marketing Private Limited 39/1, Sir Hariram Goenka Street, 1st Floor, Banstala, Kolkata-700 007 B.05.04518 October 08, 2001...

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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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