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Corporate Law

Startup India Initiative

The Government of India announced Startup India Action plan, in order to build a strong eco-system for nurturing innovation and to provide bank finance for the startup, that results in sustainable economic growth and generate large scale employment opportunities....

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Social Security Agreement signed between India-Japan

Foreign assignments involving mobility of international workers has always been entangled in the complexities of two legislations. To ease out the hindrances and protect the interest of cross border workers of India and Japan, India has signed social security agreement (SSA) with Japan w.e.f. Oct 1, 2016....

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Analysis of Stewardship Code for Insurers in India

IRDA in its exposure draft has defined 7 Principles of Stewardship which an insurance company as an institutional investor will be required to adopt. Intention of Stewardship Code is to strengthen role of insurers as stewards on behalf of policyholders....

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A traditional perspective: Why Indians work long hours?

It was found that Indians work for 8.1 hours every day, more than the average figure for the entire developed world and individual countries like the UK, Australia, France, Italy and Germany....

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Limited Insolvency Examination under IBBI Regulations

The IBBI (Insolvency Professionals) Regulations, 2016 allow chartered accountants, company secretaries, cost accountants and Advocates with 10 years’of post-membership experience (practice or employment) or Graduates with 15 years’of post qualification managerial experience to be registered as IPs on passing the Limited Insolvency Exa...

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Food processing sector to generate 9 million jobs by 2024: study

Indian food processing sector has potential to attract US$ 33 billion of investment and generate employment of 9 million persons days by FY 2024, said an ASSOCHAM-Grant Thorton Research paper....

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Constant improvement in ease of doing biz imperative for economic growth

The government needs to continuously invest in improving the ease of doing business environment, develop sound infrastructure, and ensure availability of trained workforce as India is set on a growth trajectory that promises all-round development, economic welfare and strong macro-economic indicators, noted a recent ASSOCHAM-EY report....

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Now It is Easier to File Petition for Poor

Now, it is easier for the middle and relatively lower income group to avail and enjoy the legal services of the country. The Hon’ble Supreme Court of India has introduced the Middle Income Group Scheme. ...

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Cabinet approves acquisition of subsidiary banks of State Bank of India

Union Cabinet has approved the acquisition by State Bank of India of its subsidiary banks namely State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore....

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Insurance penetration in India likely to cross 4% this year: ASSOCHAM

Government’s policy of insuring the uninsured has gradually pushed insurance penetration in the country and proliferation of insurance schemes are expected to catapult this key ratio beyond 4 per cent mark by the end of this year, reveals the ASSOCHAM latest paper....

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PIL by a lawyer to gain popularity is violation of Code of Conduct

S. Baskar Mathuram Vs The State of Tamil Nadu (Madras High Court) - We take this opportunity to remind the State Government to put in place a policy decision to ensure that the Print and Electronic Media does not while reporting instances of similar nature from furnishing any details which are capable of enabling the readers or general public to come to know of the...

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SC held Sasikala and her two relatives guilty of Corruption

State Of Karnataka Vs. Selvi J. Jayalalitha & Ors. (Supreme Court) - In a land mark 570 Page Judgment on 14.02.2017 Supreme Court has sent VK Sasikala and her two relatives to jail for four years for corruption. Supreme court also barred VK Sasikala from holding public office or contesting elections for 10 years after holding her guilty of amassing wealth disproporti...

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Charging Vat on discounted MRP is unfair Trade Practice: NCDRC

M/s. Aero Club (Woodland) Vs Rakesh Sharma (NCDRC) - Once it has come on record that the MRP of the product includes all taxes, it was not open for the trader to impose VAT again on the discounted price....

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No temporary enrollment for Advocate under Advocacy Act: Gujarat HC

Bar Council Of Gujarat & Another V/S Jalpa Pradeepbhai Desai & Another (Gujarat High Court) - An advocate who is in full time employment or full time salaried employee of any firm, corporation or concern could not be entitled to get certificate of practice as long as he/she continues to employment. A professional has to follow the rules and regulations in order to maintain the dignity and st...

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Media not to publish names of legal practitioners, judges and victims: HC

S. Baskar Mathuram Vs State of Tamil Nadu and it’s various officers (Madras High Court) - HC directed Registrar (Administration) of bench to immediately circulate instructions to all Print, Electronic and Media Houses not to publish the names of practitioners and individual judges as a part of news item unless it is so essentially required....

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President Assents Payment of Wages (Amendment) Act, 2017

NO. 1 of 2017 - (16/02/2017) - All wages shall be paid in current coin or currency notes or by cheque or by crediting the wages in the bank account of the employee: Provided that the appropriate Government may, by notification in the Official Gazette, specify the industrial or other establishment, the employer of which shall pay ...

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Govt mandates Aadhaar for beneficiaries of certain Schemes

Notification No. S.O. 455(E) - (15/02/2017) - Individuals (eligible beneficiaries or service enablers) desirous of availing benefits under the schemes specified in the Table above are hereby required to furnish proof of possession of Aadhaar or undergo Aadhaar authentication....

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Govt establishes Debts Recovery Tribunal at Dehradun

Notification No S.O. 454(E) - (15/02/2017) - Central Government hereby establish the Debts Recovery Tribunal at Dehradun with effect from the 16th day of February, 2017 and hereby specifies the area of jurisdiction of the Debts Recovery Tribunals at Allahabad, Lucknow and Dehradun in the States of Uttar Pradesh and Uttarakhand,...

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Life Certificate for Pensioners through Jeevan Pramaan Patra

No. Pension-I/17(1)/2016/Jeevan Pramaan/31402 - (15/02/2017) - The date of submission of life certificate by pensioners under Employees' Pension Scheme 1995 was extended upto 28.02.2017 vide Head Office letter Pension-I/17(1) 2016/Jeevan/Pramaan/613 dated 16.01.2017 in order to facilitate the pensioners to submit life certificate through Aadhaar based Jeevan Pr...

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Government Open Data License, India- National Data Sharing and Accessibility Policy

F.No. 8(2)/2013-EG-I. - (10/02/2017) - pon determination by the data provider(s) that a specific data set has been published that includes one or multiple kinds of data listed in section 6 of this document, the data provider(s) may terminate the applicability of the license for that data, and this termination will have the effect of revo...

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Recent Posts in "Corporate Law"

Food processing sector to generate 9 million jobs by 2024: study

Indian food processing sector has potential to attract US$ 33 billion of investment and generate employment of 9 million persons days by FY 2024, said an ASSOCHAM-Grant Thorton Research paper....

Read More
Posted Under: Corporate Law |

Startup India Initiative

The Government of India announced Startup India Action plan, in order to build a strong eco-system for nurturing innovation and to provide bank finance for the startup, that results in sustainable economic growth and generate large scale employment opportunities....

Read More
Posted Under: Corporate Law |

Social Security Agreement signed between India-Japan

Foreign assignments involving mobility of international workers has always been entangled in the complexities of two legislations. To ease out the hindrances and protect the interest of cross border workers of India and Japan, India has signed social security agreement (SSA) with Japan w.e.f. Oct 1, 2016....

Read More
Posted Under: Corporate Law |

Constant improvement in ease of doing biz imperative for economic growth

The government needs to continuously invest in improving the ease of doing business environment, develop sound infrastructure, and ensure availability of trained workforce as India is set on a growth trajectory that promises all-round development, economic welfare and strong macro-economic indicators, noted a recent ASSOCHAM-EY report....

Read More
Posted Under: Corporate Law |

President Assents Payment of Wages (Amendment) Act, 2017

NO. 1 of 2017 (16/02/2017)

All wages shall be paid in current coin or currency notes or by cheque or by crediting the wages in the bank account of the employee: Provided that the appropriate Government may, by notification in the Official Gazette, specify the industrial or other establishment, the employer of which shall pay to every person employed in such industr...

Read More

Govt mandates Aadhaar for beneficiaries of certain Schemes

Notification No. S.O. 455(E) (15/02/2017)

Individuals (eligible beneficiaries or service enablers) desirous of availing benefits under the schemes specified in the Table above are hereby required to furnish proof of possession of Aadhaar or undergo Aadhaar authentication....

Read More

Govt establishes Debts Recovery Tribunal at Dehradun

Notification No S.O. 454(E) (15/02/2017)

Central Government hereby establish the Debts Recovery Tribunal at Dehradun with effect from the 16th day of February, 2017 and hereby specifies the area of jurisdiction of the Debts Recovery Tribunals at Allahabad, Lucknow and Dehradun in the States of Uttar Pradesh and Uttarakhand,...

Read More

Life Certificate for Pensioners through Jeevan Pramaan Patra

No. Pension-I/17(1)/2016/Jeevan Pramaan/31402 (15/02/2017)

The date of submission of life certificate by pensioners under Employees' Pension Scheme 1995 was extended upto 28.02.2017 vide Head Office letter Pension-I/17(1) 2016/Jeevan/Pramaan/613 dated 16.01.2017 in order to facilitate the pensioners to submit life certificate through Aadhaar based Jeevan Pramaan system during the extended period....

Read More

Now It is Easier to File Petition for Poor

Now, it is easier for the middle and relatively lower income group to avail and enjoy the legal services of the country. The Hon’ble Supreme Court of India has introduced the Middle Income Group Scheme. ...

Read More
Posted Under: Corporate Law |

Cabinet approves acquisition of subsidiary banks of State Bank of India

Union Cabinet has approved the acquisition by State Bank of India of its subsidiary banks namely State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore....

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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