IRDA, Insurance , Corporate Law Articles, Notification, News and Circular

A bench of justices B S Chauhan and Dipak Misra  has observed as follows in  CRIMINAL APPEAL NO. 2322 of 2010 dated 20.05.2013 :-  Rape is the most morally and physically reprehensible crime in a  society, as it is an assault on the body,  mind  and  privacy  of  the victim. While a murderer destroys the [...] Full Article

I am directed to inform that Ministry of Labour and Employment, Govt. of India, vide its letter No. R-11018/1/2013.SS-II dated 15.05.2013 has conveyed the approval of the Central Government under para 60(1) of Employees' Provident Fund Scheme, 1952 for crediting interest @ 8.50% on EPF accumulation for the financial year 2012-13 to the account of each member of the EPF Scheme. Full Article

Supreme Court in Suraj Lamp and Industries (P) Ltd. (2) vs State of Haryana reported has not said that in no case a conveyance can be registered by taking recourse to a GPA. Full Article

 In general anticipation of atleast a consolation relief, scores of Society members and related activists have been consistently yearning for the Coop. Societies to come within the ambit of the Right to Information Act. CONTRARY to the increasing yearning!!!! : 01.   Direct application of “Right to Information Act”,   CAN-NEVER-EVER be applicable to Non-Aided Coop. Societies [...] Full Article

We have audited the accompanying financial statements of _________________ (the Company), which comprise the Balance Sheet as at 31st March , 2013, the Statement of Profit and Loss and the Cash Flow Statement for the year then ended, and a summary of the significant accounting policies and other explanatory information. Full Article

DEBTS RECOVERY TRIBUNAL (PROCEDURE FOR INVESTIGATION OF MISBEHAVIOUR OR INCAPACITY OF PRESIDING OFFICER) AMENDMENT RULES, 2012 – SUBSTITUTION OF RULE 4 AND AMENDMENT IN RULES 5 & 10 NOTIFICATION NO. GSR 920(E) [F.NO.14/2/2010-DRT], DATED 19-12-2012 In exercise of the powers conferred by sub-section (3) of section 15 read with clause (b) of sub-section (2) of [...] Full Article

The appellant has taken the stand, as already stated, that even though he was a whole time Director he was not conversant with the accounts and finance and was only dealing with the human resource management of the company, hence, he had no fraudulent intention to deceive the investors. We find it difficult to accept [...] Full Article

The corporate advisors play a very vital and the core role for the companies in respect of various advisory activities including representation before authorities. The corporate advisors generally are chartered accountants, company secretaries, cost and management accountants, advocates, tax practitioners, etc. Full Article

Powers, which were conferred on the civil court, now stands conferred on a Tribunal under Section 17 of the Act thereby it can deal with applications from banks and financial institutions for recovery of debts due to such banks and financial institutions. We are of the view when a specific remedy is made available to [...] Full Article

Issue- The basic issue has been raised in the petitions that the Kerala High Court did not have jurisdiction to entertain the writ petition against the judgment and order passed by the National Consumer Disputes Redressal Commission (hereinafter called ‘the Commission’). The said order could be challenged only before this Court in view of the [...] Full Article