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Unregulated Deposit Scheme Ordinance: The Details

By Sakshi Goyal, Team CNK RK In order to address the gaps in the existing regulatory framework for deposit-taking activities and for formulation of new laws encompassing all the relevant …

What’s causing the MCA to be hyper ACTIVE?

The Ministry of Corporate Affairs (MCA) has been quite “Active” lately. In its latest diktat it has introduced a new form called the active company tagging identities and verification (ACTIVE) ...

Start-ups to find relief from the dreaded “Angel Tax”

The covenants of section 56 (2) (viib) of the income tax, better known as the Angel Tax, have been the bone of contention for many start-ups in the recent past. …

Budget 2019 : Updates

There were many hopes from The Union Budget 2019, given that 2019 is an election year. The middle class was hoping for tax rate cuts and there was talk of ...

IBC: Bargain season in India

The introduction of the insolvency and bankruptcy code, 2016 (IBC) marked a significant step towards making sure that doing business in India was easy for both investors and creditors alike. …