In this extract of Sec 32A it is written that proceeding initiated during CIRP will Stand discharged. but how is it possible that a proceeding got initiated “During” CIRP as  moratorium starts immediately on commencement of CIRP

what do we mean by the Proviso in the given extract of Sec 149(6) regarding the eligibility of ID. The text only mentions about past 3 yrs so does it mean that relative current employee – Person not eligible to be ...

whether a director appointed to fill casual vacancy as per sec 161(4) will be regarded as non rotational while calculating the retiring directors under sec 152(6) ? also what about the status after their appointment approved in the immediate next ...

If act done honestly but neglegently is it covered in definition of good  faith as per general clause act ?

I make the following remittances during the year : 1) I make an expenditure of $2 lacs for foreign travel on 15th June 2021 and expenditure of $ 1.5 lacs for medical expenses on 15th December 2021. 2) I make an expenditure ...

The board of director of quality forging Limited having paid up share capital of rupees 80 lakh appointed Ram Marketing Private Limited as a sole selling agent for for period of 5 year with effect from 1st January 2014 the ...

What is the difference between the word payment and remittance in FEMA

In light of the recent amendment of Schedule V read with Section 197 for directorial remuneration in case of loss or inadequate capital where the remuneration is calculated basis the effective capital. How will we treat the remuneration of a ...

Can we say that For a person other than Individual, all CUAT are freely allowed otherwise than following- A) Schedule 1-Prohibited B) Schedule 2- Allowed with the prior approval of CG 3) Schedule 3- Limits applicable for txns. (4 transactions) for person other than ...

U/s 218 ” Protection of Employees During Investigation” the co. have to file an application to Tribunal before taking any action. Any objection by the Tribunal can be appealed against by the co. but can employee aggrieved by any order ...