Relaxation in paying additional fees in case of delay in filing Form 11(Annual Return) by Limited Liability Partnerships up to 30th June, 2022 (MCA Circular dated 27 May 2022)

This Ministry has received representation seeking extension on timelines for filing the Annual Return (Form 11) by LLPs without paying additional fees. In view of transition from version-2 of MCA-21 to version-3 and to promote compliance on part of LLPs, it has been decided to allow LLPs to file e-Form 12 (Annual Return of Limited … Continue reading Relaxation in paying additional fees in case of delay in filing Form 11(Annual Return) by Limited Liability Partnerships up to 30th June, 2022 (MCA Circular dated 27 May 2022)

New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP) approved

The Government has approved New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP), which will be implemented during 15th Finance Commission Cycle(2021-22 to 2025-26). The scheme aims at enhancing the competitiveness and productivity of Micro & Small Enterprises by undertaking interventions such as: Common Facility Centers (CFCs): The central government grant will be restricted to … Continue reading New Guidelines of Micro & Small Enterprises Cluster Development Programme (MSE-CDP) approved

Kolkata ROC adjudication order for violation of Section 134 of the Companies Act, 2013 in the matter of M/s Kejriwal Castings Limited

Kolkata ROC adjudication order for violation of Section 134 of the Companies Act, 2013 in the matter of M/s Kejriwal Castings Limited Facts Suo motu application filed by Co. & MD for adjudication of offence for contravention of Section 134 of CA 2013 for Board Report not prepared on due time Penalty imposed On Company … Continue reading Kolkata ROC adjudication order for violation of Section 134 of the Companies Act, 2013 in the matter of M/s Kejriwal Castings Limited

RBI Constitutes Committee for Review of Customer Service Standards in RBI Regulated Entities

As part of the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on April 08, 2022, the Reserve Bank of India had announced setting up of a Committee for Review of Customer Service Standards in RBI Regulated Entities (REs) for examining and reviewing the state of customer service in the REs and adequacy … Continue reading RBI Constitutes Committee for Review of Customer Service Standards in RBI Regulated Entities

Reserve Bank cancels Certificate of Registration (CoR) of five NBFCs due to irregular lending practices

In exercise of the powers conferred under Section 45-IA (6) (iv) of the Reserve Bank of India Act, 1934, the Reserve Bank has cancelled the Certificate of Registration (CoR) issued to the following five Non-Banking Financial Companies (NBFCs): As such, the above companies shall not transact the business of a Non-Banking Financial Institution (NBFI), as … Continue reading Reserve Bank cancels Certificate of Registration (CoR) of five NBFCs due to irregular lending practices

Delhi Customs launches Project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram.Project aims at container tracking and monitor timely clearances to ensure Ease of Doing Business

Chief Commissioner, Delhi Customs Zone, Shri Surjit Bhujabal inaugurated project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram, here today. Project NIGAH is an initiative to track container by using ICTM (ICD Container Tracking Module) which will help in better visibility of the container movement inside the ICD. It will help Customs to expedite long standing containers … Continue reading Delhi Customs launches Project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram.Project aims at container tracking and monitor timely clearances to ensure Ease of Doing Business

Fake reviews on E-Commerce platforms under Centre’s radar

Fake reviews on E-Commerce platforms under Centre’s radar Department of Consumer Affairs to hold meeting with E-Commerce entities and stakeholders to discuss magnitude of fake reviews and prepare a roadmap ahead To gauge the magnitude of fake reviews on E-Commerce platforms which mislead consumers into buying online services or products and to prepare a roadmap … Continue reading Fake reviews on E-Commerce platforms under Centre’s radar

Major push by ECI for Enforcing due Compliances by Registered Unrecognized Political Parties (RUPPs)

Major push by ECI for Enforcing due Compliances by Registered Unrecognized Political Parties (RUPPs) Graded Action to be initiated against more than 2100 RUPPs 66 RUPPs claimed IT exemption in FY20 without complying with statutory requirements under Section 29 C of RP Act, 1951; 2174 RUPPs have not submitted contribution report; Action to be initiated … Continue reading Major push by ECI for Enforcing due Compliances by Registered Unrecognized Political Parties (RUPPs)

Awareness Building and Guidance on using the PPP Toolkits

The Toolkits available on www.pppinindia.gov.in  are for use by PPP practitioners across India in both the public and private sectors. A public-private partnership (PPP) is a funding model for public infrastructure projects and initiatives such as a new telecommunications system, public transportation system, airport or power plant. Government agencies represent the public partner at a local, state … Continue reading Awareness Building and Guidance on using the PPP Toolkits

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