Compliance Description Events Periodicity Applicability/ Compliance Activity Exemption Penal Provision The Legal Metrology Act, 2009 & Legal Metrology (Packaged Commodities) Rules, 2011, Legal Metrology (General) Rules, 2011, Legal Metrology (Numeration) Rules, 2011 To establish and enforce Standards of Weights and Measures, regulate trade and commerce in weights, measures and other goods which are […]
Read More →Meaning: As per sec 465(1)of companies Act ,2013,Producer Company is a group of people engaged in the production of primary produce and body corporate having its objects and activities as specified in section 581 B of companies Act,1956 “Primary produce” means – (1) produce of farmers, arising from agriculture (including animal husbandry, horticulture, floriculture, pisciculture, […]
Read More →7 things to do to check the legal aspects of a property for it’s transaction on your own. Checking on the legal aspects of a property is easy. Simply make a note of these points and keep ticking them as you check them: Insist on seeing the original documents: There’s a lot of scope for foul […]
Read More →The Ministry of Corporate Affairs (MCA), has vide Notification no. S.O. 1932(E) dated 01.06.2016 notified constitution of National Company Law Tribunal by Central Government, to exercise and discharge the powers and functions as are, or may be, conferred on it by or under the Companies Act, 2013 with effect from the 1st day of June, […]
Read More →S. No. Point of Differences Right Issue (Equity Shares& Preference Shares) Private Placement (Securities) Preferential issue (Securities) 1. Definition When issue of equity/preferenceshares is made by an issuer to its existing equity shareholders in a ratio to the number of shares held as on the date of Board Meeting it is called a right issue. […]
Read More →With the passage of “The Constitutional (122nd) Amendment Bill” in the upper house of the central legislature, we are ready to witness the biggest ever tax reform after independence. Though, still a long way to go but approval of upper house being considered as the biggest hurdle, has come out as a big sigh of […]
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