Category Archives: Notifications

Section 197 Insolvency and Bankruptcy Code 2016

By | November 3, 2016

Section 197 Insolvency and Bankruptcy Code 2016 Enforced w.e.f 01.11.2016 Constitution of advisory committee, executive committee or other committee. 197. The Board may, for the efficient discharge of its functions, may constitute advisory and executive committees or such other committees, as it may deem fit, consisting of a Chairperson and such other members as may… Read More »

Section 196 of Insolvency and Bankruptcy Code 2016

By | November 3, 2016

Section 196 of Insolvency and Bankruptcy Code 2016 Enforced w.e.f 01.11.2016 CHAPTER II POWERS AND FUNCTIONS OF THE BOARD Powers and functions of Board. 196. (1) The Board shall, subject to the general direction of the Central Government, perform all or any of the following functions namely :— (a) register insolvency professional agencies, insolvency professionals… Read More »

Section 3 of Insolvency and Bankruptcy Code 2016

By | November 3, 2016

Section 3 of Insolvency and Bankruptcy Code 2016 Definition. 3. In this Code, unless the context otherwise requires,— *(1) “Board” means the Insolvency and Bankruptcy Board of India established under sub-section (1) of section 188; (2)** “bench” means a bench of the Adjudicating Authority; (3)** “bye-laws” mean the bye-laws made by the insolvency professional agency… Read More »

Insolvency and Bankruptcy Code 2016 certain provisions w.e.f 01.11.2016

By | November 3, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st November, 2016 S.O. 3355(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 1st November, 2016 as the date on which the provisions of the following sections of… Read More »

Real Estate Act 2016 Amended by Indian Govt

By | November 3, 2016

Real Estate (Regulation and Development) Removal of Difficulties Order, 2016. [F. No. O-17034/18/2009-H] MINISTRY OF HOUSING AND URBAN POVERTY ALLEVIATION ORDER New Delhi, the 28th October, 2016 S.O. 3347(E).––Whereas, certain sections of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016) (hereinafter referred to as the Act) came into force with effect from… Read More »

MVAT -Exemption of late fee for Monthly return -April 2016 to September 2016.

By | November 3, 2016

Office of the Commissioner of Sales Tax, 8th Floor, Vikrikar Bhavan, Mazgaon, Mumbai-10 TRADE CIRCULAR No. MAHAVIKAS/ADIC/New Automation/B- 840 Mumbai Dt. 02/11/2016 Trade Cir. No. 34T of 2016 Sub: Extension of due date for filing of monthly returns for the period from April 2016 to September 2016. Ref: 1. Trade Circular 22T of 2016 Dt.… Read More »

Strict Rules for Buyer and Seller of Property notified by Indian Govt

By | November 2, 2016

Both promoter and buyer can terminate agreement in case of default by each other Price of apartment escalation free under Agreement for Sale Rules notifiedDate of delivery of possession to be specified in the Agreement; buyers shall take possession in 2 months To ensure timely implementation of real estate projects, the Real Estate (Regulation &… Read More »

Real Estate Agent Registration in Chandigarh – Rules 2016

By | November 1, 2016

REAL ESTATE AGENT CHANDIGARH As per Rules  of Chandigarh Real Estate General Rules 2016 Notified by Indian Govt on 31.10.2016 Rule 8 :Application for registration by the real estate agent. (1) Every real estate agent required to register as per sub-section (2) of section 9 shall make an application in writing to the Authority in Form ‘G’,… Read More »