Daily Archives: November 17, 2016

Section 202 of Insolvency and Bankruptcy Code 2016

By | November 17, 2016

Section 202 of Insolvency and Bankruptcy Code 2016 (Notified by S.O. 3453(E) Dated 15.11.2016) Appeal to National Company Law Appellate Tribunal. 202. Any insolvency professional agency which is aggrieved by the order of the Board made under section 201 may prefer an appeal to the National Company Law Appellate Tribunal in such form, within such period,… Read More »

Section 201 of Insolvency and Bankruptcy Code 2016

By | November 17, 2016

Section 201 of Insolvency and Bankruptcy Code 2016 (Notified by S.O. 3453(E) Dated 15.11.2016) Registration of insolvency professional agency. 201. (1) Every application for registration shall be made to the Board in such form and manner, containing such particulars, and accompanied by such fee, as may be specified by regulations: Provided that every application received by… Read More »

Section 200 of Insolvency and Bankruptcy Code 2016

By | November 17, 2016

Section 200 of Insolvency and Bankruptcy Code 2016 (Notified by S.O. 3453(E) Dated 15.11.2016) Principles governing registration of insolvency professional agency. 200. The Board shall have regard to the following principles while registering the insolvency professional agencies under this Code, namely:— (a) to promote the professional development of and regulation of insolvency professionals; (b) to promote… Read More »

Section 199 of Insolvency and Bankruptcy Code 2016

By | November 17, 2016

Section 199 of Insolvency and Bankruptcy Code 2016 (Notified by S.O. 3453(E) Dated 15.11.2016) HAPTER III INSOLVENCY PROFESSIONAL AGENCIES No person to function as insolvency professional agency without valid certificate of registration. 199. Save as otherwise provided in this Code, no person shall carry on its business as insolvency professional agencies under this Code and enrol… Read More »

Insolvency & Bankruptcy Code 2016 : Certain Sections notified w.e.f 15.11.2016

By | November 17, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 15th November, 2016 S.O. 3453(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints the 15th November, 2016 as the date on which the provisions of the following sections… Read More »

Prescribed authority u/s 143(2) Notified -New Rule 12E of Income Tax Rules

By | November 17, 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 16th November, 2016 G.S.R. 1073(E).—In exercise of the powers conferred by section 295 read with sub-section (2) of section 143 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further… Read More »

Daily Reporting by Banks in Annex 6A before 2300 hrs ;RBI

By | November 17, 2016

Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Daily Reporting RBI/2016-17/136 DCM (Plg) No.1291/10.27.00/2016-17 November 16, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks Dear Sir Withdrawal of… Read More »

Take PAN and comply Rule 114B of Income Tax Rules 1962 : RBI to Banks

By | November 17, 2016

RBI/2016-17/135 DCM (Plg) No.1287/10.27.00/2016-17 November 16, 2016 The Chairman / Managing Director/Chief Executive Officer Public Sector Banks / Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks Dear Sir, Withdrawal of Legal Tender Character of Specified Bank Notes – Compliance with provisions of 114B of the Income Tax… Read More »