Home Highlights March 2018 Year 2018 This

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1. Defaulting director of a ‘Vanishing Company’ - Restrictions / Penalties imposed by the SEBI - Non-executive director, not holding any share - there is material to...

2. SEBI introduced a special call auction mechanism for price discovery of listed Investment Companies (ICs) and Investment Holding Companies (IHCs) due to infrequent...

3. Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 - Amendment in various rules.

4. Monitoring of foreign investment limits in listed Indian companies

5. This notification amends the Securities Contracts (Regulation) Rules, 1957, to facilitate listing of securities on recognized stock exchanges in International Financial...

6. Appointment of additional director, alternate director and nominee director - the filling up of causal vacancy of the director may be done by the board in case of...

7. Appointment of additional director, alternate director and nominee director - a person is restricted from being appointed as an alternate director if he is holding...

8. Liability for payment of advance tax - Amalgamation of company - whether the Company is obliged under the Act to pay advance tax between 1-04-2016 and 20-03-2017 for the...

9. Remuneration payable by companies having no profits or inadequate profits – No approval required from CG for a subsidiary of a listed company in certain cases

10. Manpower Supply services - deputation/ secondment of employees from a group company - neither during the pre-negative list nor post negative list, Service Tax could not...

11. Levy of service tax - deputation/secondment of employees from a group company in Japan to the appellant in India - neither during the pre-negative list nor post negative...

12. LTCG - Entitled to the benefit of proviso to section 112(1) on sale of equity shares of a listed company - admittedly, the assessee is a non-resident and JIL is a listed...

13. Rectification of assessment orders u/s 161 of DGST / GST Act, 2017 - The latest instruction issued by the Department of Trade and Taxes, Government of NCT of Delhi,...

14. Rectification of assessment orders to correct the errors apparent on the face of record u/s 161 of DGST GST Act, 2017. - The instruction issued by the Department of...

15. Power to review versus Power to rectify - cancellation of GST registration - the appellate authority erroneously exercised its power under Section 161 of the Act. The...