Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
IBBI mandates Insolvency Professionals (IPs) to register all appointments through its electronic portal across multiple insolvency processes including CIRP, liquidation, voluntary liquidation, personal guarantor insolvency, and financial service provider proceedings. New assignments must be registered within 3 days of appointment. For ongoing cases predating this circular, registration deadline is February 28, 2025. Closed cases must be registered by March 31, 2025, with personal guarantor cases extended to April 30, 2025. The directive streamlines compliance monitoring and standardizes assignment tracking through a centralized portal system. IPs must use IBBI-provided credentials to access the portal and complete subsequent regulatory filings including public announcements, EOIs, and auction notices.
IBBI mandates Insolvency Professionals (IPs) to register all appointments through its electronic portal across multiple insolvency processes including CIRP, liquidation, voluntary liquidation, personal guarantor insolvency, and financial service provider proceedings. New assignments must be registered within 3 days of appointment. For ongoing cases predating this circular, registration deadline is February 28, 2025. Closed cases must be registered by March 31, 2025, with personal guarantor cases extended to April 30, 2025. The directive streamlines compliance monitoring and standardizes assignment tracking through a centralized portal system. IPs must use IBBI-provided credentials to access the portal and complete subsequent regulatory filings including public announcements, EOIs, and auction notices.
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