CLB judgment
Govt. proposes merger of NSEL with FTIL
The Central Government proposes to issue the following Order (presently in the Draft form) causing Amalgamation of National Spot Exchange Limited with its Holding Company Financial Technologies (India) Limited...
Non-transparent functioning amounts to oppression & mismanagement in affairs of company
Pravin Jain Vs Diastar Jewellery (P.) Ltd. (Company Law Board, Mumbai) - Non-transparent functioning of the R-I Company is evident from the correspondence produced by the petitioners who have been denied access to the statutory Records and the A/c books despite holding 52.94%, shares in the R-I Company. Huge amounts owed by Diastar Inc. USA to the R-I Company, admittedly a concern of R-2 & R-3, have been wr....
Credit not to be reserved when inputs shown as scrap at lesser value and not written off
Service Tax - Whether reversal of Cenvat credit is required on the inputs which are shown as scrap & value of such inputs was shown at lesser value and not written off in the books of account?...