Corporate Law

Practical Understanding of ESI & PF – Present & Future Scenario

Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II Provident Fund– An act which provides establishment of provident fund, pension fund & deposit linked insurance fund for eligible employee in eligible establishment and factories. 1) Applicability – All establishments employing 20 or mor...

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SC judgment interpreting consumer protection Act excluding a trust

A Public Trust engaged in a good cause are made to suffer for the deficiencies and malpractices of the service providers by such narrow interpretation. It is not an equitable and just interpretation...

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Assesement of Partners of Limited Liability Partnership

Limited Liability Partnerships are one of the most preferred business structures for service sector and for small and medium enterprises. Limited Liability Partnership concept of business structures are preferably used in UAS, UK, Canada, Japan and various other countries....

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Process of Strike off of Limited Liability Partnership (LLP)

In this Flash editorial, the author begins by referring the provision of the LLP Act, 2008 concerning to Strike off of LLP. In case the LLP wants to close down its business or where it is not carrying on any business operations, it can make an application to the Registrar of Companies for declaring the company as defunct and removing the ...

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Beginning of Real estate Era- RERA, where customer is the king!!

Affordable housing story is the most hyped story. RBI defines that, cost of the house cannot exceed Rs. 65 lakhs and 50 lakhs in metros and non-metros respectively. RERA will force consolidation in the sector. Smaller real estate developers will end up collapsing into the arms of bigger builders....

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Complaint against Rana Ayyub for criticising Presidential Candidate

Complaint against Journalist Ms, Rana Ayyub under Section 3(r) and Section 3(u) of The Scheduled Castes and The Scheduled castes and The Scheduled Tribes (Prevention of Atrocities) Act, 1989 for insulting and humiliating Hon'ble Governor of Bihar and N.D.A.-Nominee for post of Hon'ble president of India Shri Ram Nath Kovind ji....

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No Human Right Violation in Sukma Attack: CRPF in RTI Reply

In the instant matter, there appears to be no violations of Human Rights as well as facts of the case do not attract the allegations of Moreover, your application does not make any reference to such allegations. Hence this department is not liable to provide any information in this regard to you under RTI Act-2005....

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News / Letter related to linking of Land Records with AADHAR is Fake

The letter attributed to Cabinet Secretariat on Digitalisation of Land Records & subsequent linking of the same to AADHAR, being widely circulated in the sections of social media is completely fake and mischievous. It is clarified that Govt. of India has issued no such letter. A police complaint has been filed in this regard and the matte...

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IBBI constitutes Working Group to implement IBC, 2016

The Insolvency and Bankruptcy Board of India has constituted a Working Group for recommending the strategy and approach for implementation of the provisions of the Insolvency and Bankruptcy Code, 2016 to deal with insolvency and bankruptcy in respect of (i) Guarantors to Corporate Debtors, and (ii) Individuals having Business, and draftin...

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Action Plan to Reduce Government Litigation

Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II Action Plan to Reduce Government Litigation+ Department of Justice June 13, 2017 Introduction Pendency in Supreme Court – 60,750 cases . In High Courts – 40 lakhs cases in 2016.  In District and Subordinate Courts 2.74 crores cases in 2016...

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Trust Cannot File Complaint under Consumer Protection Act,1986: SC

Pratibha Pratisthan & Ors. Vs Manager, Canara Bank & Ors. (Supreme Court of India) - Section 2 (c) of Consumer Protection Act, 1986 provides for a complainant making a complaint, inter alia, for an unfair trade practice or a restrictive trade practice adopted by any trader or service provider; a complaint in respect of goods (bought by a complainant) suffering from one or more defe...

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Delhi HC order on Online Access to Legislations

Union of India Vs Vansh Sharad Gupta (Delhi High Court) - The present matter has brought forth the problems faced by citizens in free access to accurate and comprehensive sets of laws in India. The availability of accurate legal texts, at minimal cost, is fundamental to the rule of law and a basic responsibility of the Government. With the advent of the in...

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Petition under IBC 2016 cannot be withdrawn by mutual settlement: NCLT

Re. Parker Hannifin India Private Limited (NCLT Kolkata) - After admission of Petition under IBC 2016, the nature of petition changes to representative suit and the lis does not remain only between Operational Creditor and Operational Debtor. Therefore, Operational Creditor and Operational Debtor alone have no right to withdraw the Petition after admission....

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No predatory pricing by WhatsApp by not charging any subscription fee

Shri Vinod Kumar Gupta, Chartered Accountant Vs. WhatsApp Inc. (Competition Commission of India) - The Informant is stated to be a Chartered Accountant and has filed the present information on behalf of Fight for Transparency Society. As per the information, OP is a provider of consumer communication services via a mobile app called ‘WhatsApp’ which is a proprietary, cross-platform,, encrypte...

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CCI imposes penalty for anti-competitive conduct on Hyundai Motor

Fx Enterprise Solutions India Pvt. Ltd. Vs. Hyundai Motor India Limited (Competition Commission of India) - CCI issues order against Hyundai Motor India Limited (HMIL) for anti-competitive conduct, imposes penalty of Rs. 87 crore for the anti-competitive conduct....

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FCRA: Validation of Foreign Contribution bank accounts

It is, however, seen that a number of associations have not validated their foreign contribution designated accounts causing problems for the banks to comply with the provisions of FCRA 2010/FCRR, 2011. A list of such organizations is attached....

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Benefit of two years weightage of service to the EPF members

No: Pension-Pen-I/3/4/2016/MOL&E/2/5684 - (21/06/2017) - Several references have been received from the field offices that cases where two years weightage was given where the past service comes out to 20 years, the new application software while generating the worksheet has reduced the past service benefits in comparison to that calculated in legacy softw...

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IBBI notifies debtors for fast track corporate insolvency resolution process

Notification No. S.O. 1911 (E) - (14/06/2017) - Central Government hereby notifies that an application for fast track corporate insolvency resolution process may be made in respect of the following corporate debtors under section 55 of the Insolvency and Bankruptcy Code, 2016...

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IBBI notifies Fast Track Insolvency Resolution Process

Notification No. S.O.1910(E) - (14/06/2017) - Central Government appoints 14th day of June, 2017 as date on which provisions of section 55 to 58 (both inclusive) of Insolvency and Bankruptcy Code, 2016 shall come into force....

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Vessel sharing agreements on liner shipping outside CCI purview for 1 Year

Notification No. S.O. 1933(E). - (16/06/2017) - Central Government, in public interest, hereby exempts the Vessels Sharing Agreements of Liner Shipping Industry from the provisions of section 3 of the said Act, for a period of one year with effect from the 20th June, 2017...

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Recent Posts in "Corporate Law"

Practical Understanding of ESI & PF – Present & Future Scenario

Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II Provident Fund– An act which provides establishment of provident fund, pension fund & deposit linked insurance fund for eligible employee in eligible establishment and factories. 1) Applicability – All establishments employing 20 or mor...

Read More
Posted Under: Corporate Law |

Complaint against Rana Ayyub for criticising Presidential Candidate

Complaint against Journalist Ms, Rana Ayyub under Section 3(r) and Section 3(u) of The Scheduled Castes and The Scheduled castes and The Scheduled Tribes (Prevention of Atrocities) Act, 1989 for insulting and humiliating Hon'ble Governor of Bihar and N.D.A.-Nominee for post of Hon'ble president of India Shri Ram Nath Kovind ji....

Read More
Posted Under: Corporate Law |

SC judgment interpreting consumer protection Act excluding a trust

A Public Trust engaged in a good cause are made to suffer for the deficiencies and malpractices of the service providers by such narrow interpretation. It is not an equitable and just interpretation...

Read More
Posted Under: Corporate Law |

Trust Cannot File Complaint under Consumer Protection Act,1986: SC

Pratibha Pratisthan & Ors. Vs Manager, Canara Bank & Ors. (Supreme Court of India)

Section 2 (c) of Consumer Protection Act, 1986 provides for a complainant making a complaint, inter alia, for an unfair trade practice or a restrictive trade practice adopted by any trader or service provider; a complaint in respect of goods (bought by a complainant) suffering from one or more defects; ...

Read More

Assesement of Partners of Limited Liability Partnership

Limited Liability Partnerships are one of the most preferred business structures for service sector and for small and medium enterprises. Limited Liability Partnership concept of business structures are preferably used in UAS, UK, Canada, Japan and various other countries....

Read More
Posted Under: Corporate Law |

FCRA: Validation of Foreign Contribution bank accounts

It is, however, seen that a number of associations have not validated their foreign contribution designated accounts causing problems for the banks to comply with the provisions of FCRA 2010/FCRR, 2011. A list of such organizations is attached....

Read More

Benefit of two years weightage of service to the EPF members

No: Pension-Pen-I/3/4/2016/MOL&E/2/5684 (21/06/2017)

Several references have been received from the field offices that cases where two years weightage was given where the past service comes out to 20 years, the new application software while generating the worksheet has reduced the past service benefits in comparison to that calculated in legacy software. The matter has been examined and th...

Read More

IBBI notifies debtors for fast track corporate insolvency resolution process

Notification No. S.O. 1911 (E) (14/06/2017)

Central Government hereby notifies that an application for fast track corporate insolvency resolution process may be made in respect of the following corporate debtors under section 55 of the Insolvency and Bankruptcy Code, 2016...

Read More

IBBI notifies Fast Track Insolvency Resolution Process

Notification No. S.O.1910(E) (14/06/2017)

Central Government appoints 14th day of June, 2017 as date on which provisions of section 55 to 58 (both inclusive) of Insolvency and Bankruptcy Code, 2016 shall come into force....

Read More

No Human Right Violation in Sukma Attack: CRPF in RTI Reply

In the instant matter, there appears to be no violations of Human Rights as well as facts of the case do not attract the allegations of Moreover, your application does not make any reference to such allegations. Hence this department is not liable to provide any information in this regard to you under RTI Act-2005....

Read More
Posted Under: Corporate Law |
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Corporate Law News

Corporate law deals with the operations and formation of corporations and is related to contract and other commercial law. Corporations are legal entities which are created through the incorporation laws of the state, the corporation is a legal and a distinct person which can sue and can be sued, separate from the stockholders. Until a corporation formally dissolves, it has a perpetual life; the demise of its stockholders or officials does not amend the structure of the corporation. Creation, operation, and their dissolution are governed by several laws such as the Company Law, Insolvency and the Bankruptcy law, Real Estate law, Gratuity Act, Minimum wages Act, Negotiable Instrument Act, Essential Commodities, SRFAESI Act, Competition Act, FDI Regulations etc.

At Taxguru, we provide you the latest corporate law news and corporate law articles. Learn about all the important developments in the corporate laws with our extensive coverage of the latest news on corporate law. Our group of expert law professionals provides a cohesive and comprehensive understanding of all the Indian corporate and other allied laws. At Taxguru, we cover all the aspects of corporate law and all the major laws and regulations as mentioned above. We regularly post blogs and articles on corporate law for the benefit of our viewers. Keep a track of all the significant notifications and updates on corporate law with us. Get to know more on the corporate law here at Taxguru.

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