The Government of Goa vide gazette notification dated 18 January, 2021 has issued the Goa Excise Duty (Amendment) Rules, 2021. The Amendment provides that the Licenses for sale other than occasional licenses shall be valid for a period of one year and may be renewed by the Commissioner for a period not exceeding five financial years. Previously the license was granted for three years.
Winding up bankrupt companies: new process
This regulation mandates that, after securing approval from the Committee of Creditors (CoC) with at least 66% of the votes, the Resolution Professional (RP) must