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Archive: 21 May 2026

Posts in 21 May 2026

Code on Social Security, 2020: Transforming India’s Social Protection Framework

May 21, 2026 531 Views 0 comment Print

India’s Social Security Code consolidates multiple labour welfare laws into a unified framework covering organised, unorganised, gig, and platform workers. The 2026 Rules introduce digital compliance and expanded worker protections.

Anti-Dumping Duty

May 21, 2026 537 Views 0 comment Print

Anti-dumping duty protects local manufacturers from unfairly cheap imports that can damage domestic markets. The article explains its purpose, benefits, risks, and role in maintaining fair trade practices.

End of Registration for Private NBFCs: Understanding RBI’s April 2026 Deregulations

May 21, 2026 567 Views 0 comment Print

RBI’s new 2026 framework exempts certain Type I NBFCs from mandatory registration if they avoid public funds and customer interaction. The move reduces compliance burdens for family offices and private investment vehicles.

No More Technical Escapes: SC Settles Law on Guarantee Validity, Stamping & Disclosures in CIRP

May 21, 2026 429 Views 0 comment Print

The Supreme Court held that liabilities arising from corporate guarantees qualify as financial debt under Section 5(8) of the Insolvency and Bankruptcy Code. Consortium lenders were therefore entitled to Financial Creditor status and inclusion in the Committee of Creditors.

Legal Metrology Advisory Allows Existing Repairers to Continue Without Fresh Registration

May 21, 2026 288 Views 0 comment Print

The Government has advised States and UTs not to impose fresh registration requirements on existing repairers merely because of revised procedures or regulatory changes. The move is aimed at reducing compliance burden and promoting ease of doing business.

7 Udyam Registration Errors That Can Lead to CGTMSE, Samadhaan & Tender Rejections

May 21, 2026 396 Views 0 comment Print

Incorrect Udyam filings can result in denial of CGTMSE coverage, MSME Samadhaan claims, and government tender participation. The article explains the most common compliance mistakes and how MSMEs can avoid them.

Insurance Coverage of Hypothecated Stock: Key Checks for Stock Auditors

May 21, 2026 366 Views 0 comment Print

The article explains how inadequate insurance coverage of hypothecated stock can expose banks to major financial losses despite valid stock audits. It highlights the responsibilities of stock auditors in checking policy schedules, insured locations, and under-insurance risks.

Mandatory Dematerialisation of Securities for Public & Private Companies: Legal Framework

May 21, 2026 477 Views 0 comment Print

The Companies Act, 2013 and related rules now require most public and private companies to issue and transfer securities only in dematerialised form. The framework aims to improve transparency, reduce fraud, and streamline ownership records.

SC on Shortfall Undertakings as Financial Debt: China Development Bank v. Doha Bank

May 21, 2026 423 Views 0 comment Print

The Supreme Court ruled that a shortfall payment clause in a Deed of Hypothecation can qualify as a contract of guarantee under the IBC. The judgment grants consortium lenders Financial Creditor status and strengthens their role in insolvency proceedings.

GST Refund Application: Updated Annexure-B Errors & Fixes

May 21, 2026 5241 Views 2 comments Print

The updated Annexure B utility has introduced strict validation checks, mandatory JSON uploads, and automated GST refund processing requirements. Taxpayers must now carefully reconcile invoices, GSTR-2B data, and ITC details to avoid refund delays and rejection.

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