Articles by FCS Deepak Pratap Singh

Case Study: Composition of Board of Directors of Insurance Company

FCS Deepak Pratap Singh 11 July 2024 at 08:33

Preferential Life Insurance Ltd. was incorporated to conduct the insurance business. The Certificate of Registration was issued to the company on 1st June 2014.

ITC on GST paid on Repair of Vehicles by Insurance Companies

FCS Deepak Pratap Singh 05 July 2024 at 08:36

Cashless payments are generally held to net-work garages by the insurance companies directly, since invoices are generally raised in the name of the insurance company on the basis of the report of the surveyor or inspector.

Case Study: Registration of a Design

FCS Deepak Pratap Singh 03 July 2024 at 08:33

The company that is not the actual creator of design cannot apply for registration of design. Therefore, going through the above provisions of the Design Act, ABC Communication can apply for registration of the design of a new device under the Designs Act, 2002, as a competitor has just applied for registration of a duplicated design that has not been registered.

Understanding The Competence-Competence Principle

FCS Deepak Pratap Singh 28 June 2024 at 08:33

As you are aware, arbitration is one of the most popular alternate dispute resolution methods. It is a less time-consuming, private, economic, and effective dispute resolution process. Individual, partnership, and corporate entities favored this process. There is no internationally approved definition of arbitration.

Case Study: Approval of Resolution Plan

FCS Deepak Pratap Singh 27 June 2024 at 08:31

National Company Law Tribunal (NCLT) has initiated CIRP on application of one of Operational Creditors of DOP Ltd. A Resolution Professional was appointed after all processes as per the Law.

Indications of Possible Money Laundering Activities

FCS Deepak Pratap Singh 25 June 2024 at 08:35

A Money Laundering is a global activity and found all over world, a money launderer earn cash or funds from smuggling, human trafficking, bribe, corruption and from anti national activities. The fund generated through these activities generally not come into mainstream and generally utilised for terrorist and anti-social activities.

Tax Implications On Shares Issued At Discount

FCS Deepak Pratap Singh 19 June 2024 at 08:35

The issue discussed herein, though having significant commercial implications, has not been subject to much judicial interpretation.

Can a Firm be partner of another firm?

FCS Deepak Pratap Singh 18 June 2024 at 08:43

A partnership firm is governed by the Partnership Act, 1932, and the partnership deed is executed between the partners (a partnership deed can be in oral or written form; however, in the state of Maharashtra, a written agreement is required).

Exposure Draft On Insurance Regulatory And Development Authority Of India (Corporate Governance) Regulations, 2024

FCS Deepak Pratap Singh 26 February 2024 at 08:50

As you are aware that "Governance" means system by which an entity is directed, controlled and it is prudent method of decision making, fixing accountability, responsibility and doing business for the benefit of public as well as owners of the entity. "Governance" is a process to run an entity according to laws of nation and in the public interest.

Analysis Of Exposure Draft, IRDAI (PPHI & Allied Matters Of Insurers) Regulations, 2024

FCS Deepak Pratap Singh 19 February 2024 at 08:46

As you are aware that for sake of ease of doing business , development of insurance industry and achievement of its target " Insurance for all 2047",the IRDAI has established Regulations Review Committee(RRC).