Category Archives: Notifications

Deletion of Kuth root having ITC-HS Code 12119046 – MEIS Schedule

By | December 14, 2016

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) PUBLIC NOTICE New Delhi, the 13th December, 2016 No. 46/2015—2020 Subject: Deletion of Kuth root having ITC-HS Code 12119046 appearing at Sl. No. 506 of Appendix 3B of MEIS Schedule – regd. F. No. 01/61/180/68/AM15/PC3.—In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy… Read More »

Companies Removal of Difficulty regarding transfer of winding-up cases

By | December 14, 2016

The Companies (Removal of Difficulties) Fourth Order, 2016 MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 7th December, 2016 S.O. 3676(E).—Whereas clause (c) of sub-section (1) of section 434 of the Companies Act, 2013 (hereinafter referred to as the 2013 Act) provides that on a date which may be notified by the Central Government for… Read More »

Companies (Compromises, Arrangements and Amalgamations) Rules 2016 Notified

By | December 14, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 14th December, 2016 G.S.R. 1134(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with sections 230 to 233 and sections 235 to 240 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules, namely:- 1.… Read More »

Certain sections of Companies Act 2013 w.e.f 15.12.2016 Notified

By | December 13, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 7th December, 2016 S.O. 3677(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 15th day of December, 2016 as the date on which the following provisions of the said Act… Read More »

Companies (Transfer of Pending Proceedings) Rules 2016

By | December 13, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 7th December, 2016 G.S.R. 1119(E).— In exercise of the powers conferred under sub-sections (1) and (2) of section 434 of the Companies Act, 2013 (18 of 2013) read with sub-section (1) of section 239 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016) (hereinafter referred to… Read More »

Service Tax Exemption Notification for Rs 2000 Transactions through Cards

By | December 12, 2016

Seeks to amend exemption notification No. 25/2012-ST dated 20.06.2012 so as to exempt services by an acquiring bank, to any person in relation to settlement of an amount upto two thousand rupees in a single transaction transacted through credit card, debit card, charge card or other payment card service [TO BE PUBLISHED IN THE GAZETTE… Read More »

Section – 54 of Insolvency and Bankruptcy Code 2016

By | December 11, 2016

Section – 54 of Insolvency and Bankruptcy Code 2016 [ Comes into Force w.e.f 15.12.2016 vide Notification No S.O. 3687(E) Dated 09.12.2016 ] Dissolution of corporate debtor. 54. (1) Where the assets of the corporate debtor have been completely liquidated, the liquidator shall make an application to the Adjudicating Authority for the dissolution of such… Read More »

Section – 53 of Insolvency and Bankruptcy Code 2016

By | December 11, 2016

Section – 53 of Insolvency and Bankruptcy Code 2016 [ Comes into Force w.e.f 15.12.2016 vide Notification No S.O. 3687(E) Dated 09.12.2016 ] Distribution of assets. 53. (1) Notwithstanding anything to the contrary contained in any law enacted by the Parliament or any State Legislature for the time being in force, the proceeds from the… Read More »

Section – 52 of Insolvency and Bankruptcy Code 2016

By | December 11, 2016

Section – 52 of Insolvency and Bankruptcy Code 2016 [ Comes into Force w.e.f 15.12.2016 vide Notification No S.O. 3687(E) Dated 09.12.2016 ] Secured creditor in liquidation proceedings. 52. (1) A secured creditor in the liquidation proceedings may— (a) relinquish its security interest to the liquidation estate and receive proceeds from the sale of assets… Read More »