Introduction Real estate insolvency under the Insolvency and Bankruptcy Code (IBC), 2016 has long been marred by procedural deadlocks, funding challenges, and emotional stakeholder dynamics—especially concerning homebuyers. Recognizing these hurdles, the Insolvency and Bankruptcy Board of India (IBBI) introduced significant regulatory amendments effective from 3rd February 2025. These amendments directly empower the Resolution Professional (RP) […]
Learn about OPC registration in India, its benefits, eligibility, incorporation steps, and how it compares with sole proprietorship and private limited companies.
Income-Tax Bill 2025: The Select Committee debated expanding the “accountant” definition. The Ministry of Finance upholds the Chartered Accountant restriction, citing statutory audit roles.
India’s New Income-Tax Bill 2025: Introduced to simplify the nation’s direct tax laws, this bill aims to reduce complexity, enhance readability, and lower compliance costs for taxpayers.
Whether exporter can issue a GST credit note for returned goods. As per current provisions of GST law and administrative practice, the answer is in negative.
Analysis of the Rajeev Bansal Supreme Court ruling on reassessment approvals, clarifying complexities in Section 151 and its impact on assessing authorities.
Supreme Court emphasized that clauses using permissive language, such as may be sought, do not establish a binding arbitration agreement.
The Supreme Court ruled that a clause stating disputes may be sought through Arbitration does not constitute a binding arbitration agreement, emphasizing precise contract drafting.
Draft board resolution format for adding a new authorized bank signatory to a company’s bank account. Suitable for compliance with company and banking requirements.
Courts differ on condoning GST appeal delays beyond limits. Madras HC adopts a liberal approach, while Allahabad HC insists on strict statutory timelines.
