The section 1 of the Act states that it is applicable in whole India except J&K. It is applicable on factories employing more than 20 persons during the year and on any other establishment, as specified..
The Prevention of Corruption Act, 1988 was enacted to combat corruption in government departments and public sector businesses in India; and to prosecute and punish public servants involved in corrupt practices.
The Prevention of Corruption (Amendment) Bill, 2013..
Section 144 of the Companies Act, 2013 which carries out other services which can not be provided by an auditor the section reads out as follows:
An auditor shall provide to the company only such other services which are approved by Board of Directors(BOD) and/or Audit Committee, but which shall ..
Who are fugitive economic offenders?
These are rich business tycoons who have looted our banks, engaged in money laundering, committed fraud upon the public, broken our country's laws and are now evading arrest in India by escaping to a foreign country.
Some of the recent examples include Vi..
Section 101 of the Companies Act, 2013 prescribes that general meeting of a company may be called by giving not less than clear 21 days notice either in writing or through electronic mode in such a manner as may be prescribed.
Section 101 of the Companies Act , 2013 is reproduced below for quick ..
Section 33 of the IBC sets out the various circumstances in which the adjudicating authority must pass an order directing liquidation of the corporate debtor:
These include non-receipt of a resolution plan within the CIRP period or rejection of the resolution plan under section 31, or the decisio..
Yes, you are right. The headline is little incorrect. The bill is now of 2018.
This to reveal the lethargic attitude of the government. Originally law was proposed in 2017 but no action was taken then; only after the disaster the Government wakes up!
The important aspects are being c..
Fiscally Transparent Entities ('FTEs') are entities wherein the owners and investors are taxed for the income earned by the entities and not the entities themselves. The income flows through to the investors and owners of the entities. These entities are considered as non-entities for tax purposes b..
This Act come into force on 1st May, 2017 as per Central Government notification in the Official Gazette April, 2017.
This Act applicable in whole of India except Jammu and Kashmir. This act
is useful for consumer to protect interest in real estate sector, timely de..
'Once the true relationship between inflation and unemployment is understood, with luck and skill, a free lunch is possible.' - Paul Ormerod
Before we commence let us understand the basics of the Phillips Curve. The Phillips curve shows the inverse trade-off between inflation and unemployment. As..