DGFT clarifies that organic textiles do not require a Transaction Certificate at export, aligning with global certification practices for post-shipment issuance.
IFSCA outlines transition process for entities under new TechFin and Ancillary Services (TAS) Regulations, 2025. Application and fee norms detailed.
Supreme Court rules a subsidiary’s asset mortgage for its holding company’s loan is a preferential transaction. Lenders become secured creditors, not financial creditors, of the subsidiary in its CIRP.
Delhi High Court rules that inter-se disputes between LLP partners are to be tried under Commercial Courts Act, not before NCLT under LLP Act provisions.
NCLAT rules that licensors claiming license fees for premises are Operational Creditors and such fees constitute Operational Debt under IBC, clarifying previous judicial divergence on the matter.
Bangalore ITAT revives a trust’s 12AB registration plea, stating that a religious label doesn’t disqualify a trust and directing fresh verification of charitable activities.
ITAT Bangalore rules that a rejection letter under Section 154 is an appealable order, directing the CIT(A) to hear the appeal on merits after it was dismissed on technical grounds.
Supreme Court upheld a clause in an Employment appointment letter requiring the employee to either serve a minimum of three years or pay ₹2,00,000 in case of early resignation.
Explore comprehensive motor insurance policies in India, detailing covered damages, optional add-ons, and crucial aspects of third-party liability limits. Understand how policy terms define insurer responsibility.
Understand the conditions under which a company can revoke declared dividends. Learn the legal differences between final and interim dividends and their revocability based on shareholder approval and company circumstances.
