RITES
Rkg updates
RITES GOEL 9 Jun 2020

Hello,

RKG UPDATES 9th June, 2020  

The link for the YouTube video is shared herewith

https://youtu.be/tkV4yHH-ja8

Legal Term of the day "Recourse"

It means the right to demand payment from the endorser or drawer of a negotiable instrument .

Eg: Many teachers join a union so they will have recourse if they are unfairly terminated by the school district


-Govt. facilitates filing of NIL GSTR-3B through SMS


-Now start up Cos. may issue sweat equity not exceeding 50% of its share capital upto 10 yrs from date of registration


-Stimulus for MSME during Covid-19

-SEBI extends relaxations for issuers of NCDs/NCRPS/CPs for disclosure of financial results for another 1 month


-IRDAI asks insurers to obtain ‘Legal Identifier Code’ on or before July 31, 2020


-Fall in direct tax collection during FY 2019-20 is on expected lines & temporary in nature: CBDT


-President promulgates two ordinances to improve farmer’s position in economy


-Govt. promulgates Essential Commodities (Amendment) Ordinance, 2020


-SEBI introduces framework for “Regulatory Sandbox”


-No Mutual fund schemes are allowed to invest in physical goods except in ‘gold’ through Gold ETFs: SEBI


-IRDAI issues norms on settlement of Life Insurance Claims to the victims of recent Cyclone ‘Nisarga’


-Govt. takes ordinance route to suspend initiation of insolvency proceedings for default occurring post Mar 25, 2020


Regards,

Rites Goel

Advocate , Calcutta High Court

B.COM (H), CA, CS, LL.M


Did you find this write up useful? YES 0 NO 0
Send
Featured Members view all

New Members view all

×

C2RMTo Know More

Something Awesome Is In The Work

0

DAYS

0

HOURS

0

MINUTES

0

SECONDS

Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.