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    July 10, 2026   Notifications Customs
    BCD exemption for specified display assembly inputs extended for automotive, medical and industrial applications, with defined exclusions and sunset date.
    July 10, 2026   Notifications SEBI
    Custodian fee structure shifts from annual to monthly payment, with revised billing and transition rules
    July 10, 2026   Notifications SEBI
    FPI fee and registration regime revised with rupee-based amounts, new disclosure fields, and remittance timelines.
    July 10, 2026   Notifications SEBI
    Intraday borrowing permitted for mutual funds to manage timing mismatches between scheme inflows and outflows, subject to SEBI conditions.
    July 10, 2026   Notifications Customs
    Anti-dumping duty on seamless steel tubes from China PR extended until 27 January 2027, unless amended earlier.
    July 10, 2026   Notifications SEBI
    SEBI buy-back rules tightened with new limits, disclosure timelines, shareholder intimation and promoter freeze requirements.
    July 10, 2026   Notifications SEBI
    SEBI amends securitised debt regulations to tighten board control, related-party limits, and investor-protection disclosures.
    July 10, 2026   Circulars DGFT
    Tariff Rate Quota allocation under India-UK CETA notified for vehicles, with online applications, eligibility rules, and customs conditions.
    July 10, 2026   Circulars Companies Law
    CCFS-2026 validity extended, giving companies more time to complete pending statutory filings under the compliance scheme.
    July 10, 2026   Circulars GST - States
    GST jurisdiction after taxpayer migration: prior valid actions remain effective, and the transferee authority must continue proceedings.
    July 10, 2026   Case Laws GST
    Statutory refund interest limited to notified rate, so higher pre-deposit interest claim was rejected in appeal.
    July 10, 2026   Case Laws GST
    Successive bail on parity fails without substantial change in circumstances, especially in alleged economic offences involving GST evasion.
    July 10, 2026   Case Laws GST
    Retrospective Rule 89(5) amendment allows refund processing for unutilised input tax credit on input services
    July 10, 2026   Case Laws GST
    Mandatory Rule 88C intimation controls GST recovery for mismatch between returns before garnishee action can proceed.
    July 10, 2026   Case Laws GST
    Essential character test keeps cured tobacco leaves within the GST entry despite grading and bundling, preserving concessional rate.
    July 10, 2026   Case Laws GST
    E-rickshaw CKD/SKD classification depends on a complete kit and consistent commercial records for finished vehicle GST rate
    July 10, 2026   Case Laws GST
    GST treatment of DMF and NMET mining contributions turns on royalty linkage and later exemption clarification
    July 10, 2026   Case Laws GST
    GST exemption for authorised service providers fails where user charges are collected over and above statutory fees.
    July 10, 2026   Case Laws Income Tax
    Prospective valuation amendment limits reassessment: unamended fair market value reference could not justify reopening based on a registered valuer's report.
    July 10, 2026   Case Laws Income Tax
    Section 179 director liability requires foundational facts and a reasonable opportunity before corporate veil can be lifted.

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      Home› Highlights › Companies Law › 2018 › January, 2018 › This
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      Companies Law

      If at any time the number of members of a company is reduced...

      Companies Operating Below Minimum Membership Face Member Liability After Six Months.

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      Companies LawJanuary 6, 2018Act-Rules
      If at any time the number of members of a company is reduced below the minimum required members, every person who is a member of the company during the time that it so carries on business after those six months shall be severally liable and may be severally sued - New Section 3A
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