Easy Exit Scheme, 2010
Defunct / inoperative Companies that want a quick legal, exit route can breathe easy now. Ministry of Corporate Affairs has introduced the ESS, 2010 which shall be open from 30th May, 2010 to 31st August, 2010. This is intended to enable defunct companies to get their names struck off from the Register of Companies expeditiously.
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India Investor Week
Ministry of Corporate Affairs is organizing Investor Awareness Programmes pan India during the current financial year with the support of the three professional institutes, trade bodies and national stock exchanges.
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Classification of rice parboiling machinery
CBEC has examined the issue of classification of rice parboiling machinery under two different tariff headings 8419 and 8437 and clarified the correct tariff heading applicable. This is likely to be of interest to our clients from the rice milling industry as also to other professionals.
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Filing of Excise Returns electronically
The Central Excise Rules, 2002 have been amended w.e.f. 1st June, 2010 to provide for assesses with more than Rs. 10 lacs of duty payment in the preceding financial year to file returns / annual information statements electronically.
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Note on Visa Regulations
This article is limited to the types of Indian Visas issued for work related purposes being Employment Visa and Business Visa.
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Overview of Surrogacy in India
Due to the absence of a specific legislation for surrogacy, the intended parents being the couple seeking surrogacy and the surrogate normally proceed with the surrogacy on an oral agreement/understanding which invariably leads to various legal and other complications. This article highlights a few such issues and suggests legally binding agreements to overcome the same.
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