DHFL has diverted Rs 34,615Cr borrowed from banks. The CBI has alleged that DHFL‘s promoters formed 87 shall companies, created more than 2,60,000 "Fictitious borrowers' and set up "Virtual Branch "to divert money borrowed from banks".
SEBI vide its Notification dated 17th January 2023 has notified the following regulations to further amend the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Reserve Bank of India (RBI), vide its Notification No RBI/2022-23/168 CO.CEPD.PRS.No.S1233/13-01-018/2022-2023dated 23rd January, 2023, has announced a circular on "Safe Deposit Locker/Safe Custody Article Facility provided by banks"
MCA has launched 56 forms of Companies Act, 2013 on its V-3 portal w.e.f. 23rd January 2023. There are many changes in the process of filing, information required to mention in forms, attachments of the forms etc.
In the world of insolvency & bankruptcy in India, PUFE transactions are important and life saver for corporate debtor as for RP. PUFE means Preferential, Undervalued Fraudulent, Extortionate transaction. These are the transactions which directly or indirectly made CD to undergo CIRP or liquidation.
Sections 67 to 72 of the Central Goods and Services Tax Act, 2017 deals with the provisions related to inspection, search, seizure and arrest. Section 67 of CGS...
In this article, the paper writer has examined the provisions of Audit under section 65 as well as best practices in facing GST dept audit.
The 12% Club is a technology-based application for borrowing and lending funds powered by Bharat Pe.
The ITR-U return is a great facility provided by the government to benefit taxpayers who have failed to file their ITRs on time. This step taken by the government will help taxpayers to stay compliant with the tax laws and also help them to avoid any penalties or interest.
Non-executive Directors are directors who are not in whole time employment of the company. These directors are remunerated by payment of sitting fees, commission on profits and fees for rendering professional services.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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