The Indian economy is undergoing a fast transformation in India, as it rapidly moves from goods-based to service-based model, with the service sector now accounting for over 54% of GDP and employing over 25% of the workforce. This transition, which was taking Read More
Corporate restructuring and insolvency proceedings, while aimed at revitalizing struggling companies or settling debts, often overlook the critical interests of customers. This article delves into the need to prioritize customer protection during these processes, arguing for a stakeholder-centric approach that safeguards their Read More
FIU-IND REPORTING What is FIU-IND? What are the core functions of FIU-IND? What is FIU-IND Reporting? For whom FIU-IND Reporting is mandatory? Where to submit Reports mandated by FIU-IND? What are the reports that need to be submitted by Banks on FINGate Read More
What is ‘Service Tax’? What services are subject to Service Tax? Are legal services provided by an individual advocate or a firm of advocates taxable services? Case – Adv. Pooja Patil vs Deputy Commissioner, CGST and CX Division VI and Ors. (W.P. Read More
What is ‘Financial Debt’? Who is a ‘Financial Creditor’? How can a Financial Creditor initiate Corporate Insolvency Resolution Process (CIRP)? What is a Joint Venture? Is the amount invested in a Joint Venture project by the Promoter or Investor, considered a Financial Read More