Home Highlights June 2018 Year 2018 This

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1. Central Government constitutes additional Benches of the National Company Law Tribunal (NCLT)

2. Central Government constituted the National Committee for Promotion Social and Economic Welfare

3. Sale of property of the company to the third parties - oppression and mismanagement - it is quite clear that the even though the sales made in the years 2013 and 2014...

4. Central Government, creation of the State Benches of the Goods and Services Tax Appellate Tribunal (GSTAT)

5. Striking off of the name of the company - considering that the Appellant Company is having substantial movable as well as immovable assets, it cannot be said that the...

6. Restoration of the name of the Company - The Appellant Company is having substantial movable as well as immovable assets, therefore, it cannot be said that the Appellant...

7. Oppression and Mismanagement - The appellants are critical of the Special Officer appointed by the learned National Company Law Tribunal (who was appointed to ensure...

8. Constitution of GST tribunal - jurisdiction to decide the location of bench - The role of the State is confined to determine the place of area benches - Insofar as the...

9. State Government or not - Jaipur Development Authority - it is found from records that JDA is constituted by State Government under Jaipur Development Authority Act 1982...

10. Constitutional bench - Central Chit Funds Act - supriority of Central Law over state laws - Repugnancy arises on the making and not commencement of the law - SC

11. Central Government or company to fix limit with regard to remuneration - the words "Central Government" omitted - Section 200 of the Companies Act, 2013

12. Government allowed export benefit to Bhutan in Indian Currency under Central Excise Law.

13. Companies (Central Government's) General Rules and Forms (Fifth Amendment) Rules, 2012 - (Form 23AC & 23ACA) - Notification

14. Related companies – TP rules may apply to domestic operations – SC sends suggestions to Central Government

15. Schemes of merger and demerger approved by NCLT - jurisdiction of AO - None of the decisions cited by the learned senior advocate held that the revenue does not have an...