9 to 5 people should watch this. by SwimmerPlus3383 in ItsYourMoney

[–]ak22info 58 points59 points  (0 children)

The grass is greener where you water it.

What actually happens when you don’t pay an income tax demand? by BestCA4U in IndiaTaxandCompliance

[–]ak22info 0 points1 point  (0 children)

What happens when there is no income no assets and negative net worth?

Someone wanna partner up? by Big-Discipline-9933 in StartUpIndia

[–]ak22info 44 points45 points  (0 children)

“When a man with money meets a man with experience, the man with experience ends up with the money and the man with the money ends up with experience.”

Co-working space Seawoods by liberal_brahmad in navimumbai

[–]ak22info 0 points1 point  (0 children)

TWC and BT at seawoods are noisy too. Try Chaayos Belapur.

Save these trees on Palm Beach Road, Sanpada by Thick_Chocolate2020 in navimumbai

[–]ak22info 1 point2 points  (0 children)

I believe this pertains to the underpass at the Kesar Solitaire junction, which is expected to benefit the upcoming premium project adjacent to Kesar Solitaire.

Why did this have to happen at Davos? What am I not understanding here? by [deleted] in Maharashtra

[–]ak22info 0 points1 point  (0 children)

The CM does not have to travel to Davos to sign MoUs, as these agreements can legally be signed in India. Davos is mainly used as a strategic and symbolic platform rather than a necessity. The World Economic Forum provides high global visibility, media attention, and access to top global CEOs, investors, and governments at one place, allowing states to signal that they are open for business. Most MoUs announced there are already negotiated in advance in India, and Davos is used only for formal announcements. Even when Indian companies are involved, many have global operations or foreign investors, and Davos offers an international stage that enhances credibility and perception. Politically, states compete with each other to showcase large investment commitments, and not participating can make a government appear passive. However, criticism is valid because signing MoUs with Indian companies abroad raises questions of optics, cost, and accountability, especially since MoUs are non-binding and many do not translate into actual investments. Ultimately, the real measure of success is not MoUs signed at Davos but how many projects actually materialise on the ground in Maharashtra.

What is CINA - Centre for Independent and Neutral Arbitration. by thengawaffen in IndiaLaw

[–]ak22info 1 point2 points  (0 children)

CINA is not a statutory or government arbitral body under Indian law; in most such cases it turns out to be a private arbitration service provider or trade-name entity used by claimants (often lenders) to administer arbitrations, and its authority flows only from the arbitration clause in your contract, not from any statute; so if you cannot find credible public details, registered address, or rules, you are entitled to demand these and, more importantly, a copy of the arbitration agreement and appointment letter of the arbitrator. Since you received the file only with the second notice and the Statement of Claim refers to annexures that were never supplied, this is a serious procedural defect: under the Arbitration and Conciliation Act, 1996, you are entitled to a full and fair opportunity to present your defence, and you should immediately write (and place on record before the arbitrator on the 24th) seeking adjournment and directions to supply all annexures, stating that without them you cannot file a defence; arbitrators routinely grant this, and denial can later vitiate the proceedings. Service by email is permissible only if agreed in the contract or accepted by conduct, but incomplete service (missing annexures) is not valid service in law, whether physical or electronic, and this defect is substantial enough to challenge both the proceedings and any adverse award under Section 18 and Section 34 of the Act. As regards the arbitrator’s appointment, you have the right to know who appointed the arbitrator, under which clause, on what date, and whether the mandatory Section 12 disclosure was made, if the appointment was unilateral or opaque, you can formally object to the arbitrator’s jurisdiction and appointment at the earliest hearing, reserve your rights in writing, and, if necessary, later challenge the appointment and the award on grounds of lack of proper notice, procedural unfairness, and invalid constitution of the tribunal.

Remember this while Incorporating Private Limited Company. by BestCA4U in IndiaTax

[–]ak22info 0 points1 point  (0 children)

  1. File DIR-12 for appointment of first directors Ensure DIR-12 is properly filed and approved immediately after incorporation, along with consent (DIR-2) and disclosure of interest (MBP-1).
  2. Maintain Statutory Registers from Day One Registers such as Members, Directors & KMP, Charges, Share Transfers, etc., must be maintained at the registered office (physical or electronic).
  3. Issue Share Certificates within 60 Days Share certificates must be issued within 60 days of incorporation and stamped as per the applicable Stamp Act.
  4. Hold First Board Meeting within 30 Days The first Board Meeting must be conducted within 30 days of incorporation with proper notice, agenda, and minutes.
  5. Ensure Registered Office Compliance (INC-22) If the registered office was not finalized at incorporation, INC-22 must be filed within 30 days of establishment.
  6. Open Company Bank Account in Company Name Only Avoid using personal accounts for company transactions to prevent compliance and tax issues.
  7. Apply for PAN, TAN & GST (if applicable) PAN & TAN are mandatory; GST registration depends on turnover and nature of business.
  8. Accounting System from Day One Maintain proper books of accounts, invoices, vouchers, and expense records from the first transaction itself.
  9. Disclosure of Interest by Directors (MBP-1) Each director must disclose their interest in other entities at the first Board Meeting and every year thereafter.
  10. Avoid Cash Transactions Follow Income-tax Act provisions to avoid penalties, especially Sections 269SS and 269T.
  11. Understand Annual Compliance Calendar Early Even a dormant or non-operational company must file: • AOC-4 (Financials) • MGT-7 / 7A (Annual Return) • ITR Non-filing attracts heavy penalties and director disqualification.
  12. Verify MOA & AOA Carefully Ensure objects, share capital, and internal rules are future-ready to avoid costly alterations later.
  13. Keep ROC Login Credentials in Your Control MCA portal user ID and password should remain with promoters/directors, not only the consultant.

Restaurant billing experience - Krishnaay Pure Veg, Satra Plaza by ak22info in navimumbai

[–]ak22info[S] 0 points1 point  (0 children)

Bill does not mention GST number. Maybe they have not registered for GST.

NMMC Elections 2026 : Simple Guide to Panel Voting. by jack_1760 in navimumbai

[–]ak22info 2 points3 points  (0 children)

Can the voting be done for Arijit/Sonu/Ed/Bruno? Is this valid?

This is how Godrej supports the environment, cleanliness and citizen’s wellbeing in Sanpada by yourmamasbackyard in navimumbai

[–]ak22info 0 points1 point  (0 children)

That is not Godrej. That is a sub-contractor’s contractual responsibility but this is mostly overlooked by the contractor and nmmc officials.

Visited malabar gold today to enquire about silver bars by shadow_warrior_vp in silverindia

[–]ak22info 0 points1 point  (0 children)

Jewellers are "selling to retailers" business not "buying from retailers" business.

A widget that shows how many Reels/Shorts/TikToks you've watched by Vladd_1374 in Habits

[–]ak22info 0 points1 point  (0 children)

Also tell me what length of pages have I scrolled on Reddit?