Companies (Prospectus and Allotment of Securities) Amendment Rules, 2019 notified

Ministry of Corporate Affairs has notified Companies (Prospectus and Allotment of Securities) Amendment Rules, 2019 on 22nd January, 2019. The amendment has been made in Rule 9A of the Companies (Prospectus and Allotment of Securities) Rules, 2014. Rule 9A was inserted by Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2018 and it came […]

Companies (Acceptance of Deposits) Amendment Rules, 2019

Ministry of Corporate Affairs has released Companies (Acceptance of Deposits) Amendment Rules, 2019 on 22nd January, 2019. Following important amendments have been brought: I. Insertion of words “Real Estate Investment Trusts” after “Infrastructure Investment Trusts,” in Rule 2(I), clause (c)(xviii)- It mean that Real Estate Investment Trusts will not come under the definition of Deposit. […]

Health Supplements with gelatin must contain non-veg logo

FSSAI has released a letter relating to compliance of Food Safety and Standards (Packaging and labeling) Regulation, 2011 by the manufacturers/ packers of Nutraceuticals or Health Supplements. It has been reported to FSSAI that many Nutraceuticals/Health Supplements containing gelatin shells or other ingredients of animal origin are branded as vegetarian product (green dot). This is […]

Cabinet approves creation of the National Bench of GST Appellate Tribunal (GSTAT)

The Union Cabinet, chaired by the Prime Minister, approved the creation of National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) on 23rd January, 2019. GSTAT shall be presided over by its President and shall consist of one Technical Member (Centre) and one Technical Member (State). Chapter XVIII of the CGST Act provides […]

MCA notifies MSME Form I for filing Half-yearly Returns

Ministry of Corporate Affairs has notified MSME Form I vide an order-“Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019” on 22nd January, 2019. The Central Government vide notification number S.O. 5622(E), dated 2nd November, 2018 directed that all companies, who get supplies of goods or services from micro […]