Corporate Law - Page 20

Do not allow more than two attendants of a patient in hospital: HC

Afak Anwar Mandaviya Vs. Maharashtra Association of Resident Doctors (MARD) and others. (Bombay High Court)

In spite of norms that not more than two attendants of a patient will be allowed to enter the hospital through the main gate itself has to be strictly implemented. This would include visitors visiting the patients during a particular visiting hours of the hospital. In other words, at any point of time, there may not be more than two atten...

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Management can taken action against doctors on Strike: HC

Afak Anwar Mandaviya Vs. Maharashtra Association of Resident Doctors (MARD) and others. (Bombay High Court)

The petitioners who have filed this public interest litigation (PIL) submits that there is urgency in the matter since more than 50 patients have died on account of mass strike of resident doctors numbering about 4,500 all over the State of Maharashtra. Learned counsel appearing for the respondent Association submits that they have not gi...

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PF & withdrawal benefit on date of leaving service to International Worker

File No. IWU/7/)(25)/2017 /Payment of PF and Withdrawal Benefits/34140 (23/03/2017)

In order to facilate payment of Provident Fund and withdrawal benefit under EPS, 1995 to International Workers on the date of leaving service in India, the following instructions are issued:-...

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Govt. mandates Aadhaar for AC&ABC Scheme

Notification No. G.S.R. 278(E) (23/03/2017)

G.S.R. 278(E).—Whereas, the use of Aadhaar as identity document for delivery of services or benefits or subsidies simplifies the Government delivery processes, brings in transparency and efficiency, and enables beneficiaries to get their entitlements directly in a convenient and seamless manner and Aadhaar obviates the need for producin...

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Mergers and Acquisitions- The Evolving Indian Landscape

The year 2016 has witnessed some largest FDI transaction in India, indicating the global confidence in Indian markets and this trend is certainly to continue. Needless to mention, the boost these transactions have given to the Indian M&A landscape is eminent....

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Posted Under: Corporate Law |

Determination of pensionable salary exceeding statutory wages ceiling

No: Pension-I/12/33/EPS Amendment/96/VoI.II/34007 (23/03/2017)

Allowing members of the Employees' Pension Scheme, 1995 the benefit of the actual salary in the Pension Fund exceeding wage limit of either Rs. 5000/- or Rs. 6500 per month from the effective date respectively as per the Hon'ble Supreme Court's order in SLP No.33032-33033 of 2015 ...

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Credit Linked Interest Subsidy scheme for tax paying Middle Classes

Credit Linked Interest Subsidy scheme for tax paying Middle Classes made effective from January 1 this year. Those sanctioned house loans and applied for since January 1st eligible for interest subsidy of up to Rs.2.35 lakh each...

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Posted Under: Corporate Law |

Guidelines on Stewardship Code for Insurers in India

Ref: IRDA/F&A/GDL/CMP/059/03/2017 (22/03/2017)

The Authority had revised the Corporate Governance guidelines for insurance companies in 2016, which combined the stipulations regarding the form and composition of the Board, the Appointment and qualifications of Directors and Key Management Persons (KMPs), appointment of Auditors, etc....

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EPFO Empanelment of retired officers for departmental Inquiries

HR/AVS/10(2)16/ERO/21447 (22/03/2017)

Employees’ Provident Fund Organization (EPFO) proposes to setup a panel of retired officers as Inquiry Officers for conducting departmental inquires...

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IRDA: Modification in premium rates due to revised Commission/Remuneration Structure and introduction of Reward System

Ref. IRDAI/NUCIR/F&U/ 060/03/2017 (22/03/2017)

IRDAI (Payment of Commission or Remuneration or Reward to Insurance Agents and Insurance Intermediaries) Regulations 2016 comes into force with effect from 1st April, 2017. ...

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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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