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Archive: June, 2026

Posts in June, 2026

Merely Challenging NCLT Procedure Cannot Bypass Statutory Appeal: Bombay HC

June 20, 2026 396 Views 0 comment Print

The Bombay High Court dismissed a writ petition after holding that the petitioner had an effective statutory remedy before the NCLAT under Section 61 of the IBC. The Court ruled that writ jurisdiction cannot ordinarily be invoked when such an alternative remedy exists.

Karnataka HC Orders Encroachment Removal as Land Claim Was Already Rejected

June 20, 2026 123 Views 0 comment Print

The Karnataka High Court directed removal of encroachments from the road margin and civic amenity site after holding that the land claimant had no established right over the property. The Court dismissed the challenge to the survey and ordered action within eight weeks.

Director Resignation Procedure under Companies Act, 2013 (Unlisted Public Company)

June 20, 2026 348 Views 0 comment Print

This guide explains the procedure for director resignation under Section 168 of the Companies Act, 2013, including DIR-12 filing, timelines, and disclosure requirements. It also clarifies when a Board meeting is or is not required.

LLP Registration in India: Complete Guide with Costs & Compliance

June 20, 2026 426 Views 0 comment Print

This guide explains LLP registration, eligibility, costs, annual compliance, and the latest 2025-26 changes, including the new Section 194T TDS provisions. It also highlights common mistakes and practical considerations for entrepreneurs and professionals.

India’s Direct Tax Revolution: New Sections New Tax Slabs

June 20, 2026 402 Views 0 comment Print

The Income-tax Act, 2025 restructures India’s direct tax framework by reducing sections, introducing new tax slabs, and consolidating TDS provisions. The reforms simplify compliance while largely retaining existing tax deduction thresholds and rates.

Right To Walk On Safe, Demarcated Footpaths Is A Fundamental Right: SC

June 20, 2026 357 Views 0 comment Print

The Supreme Court held that the right to walk on safe, demarcated footpaths forms part of the fundamental right under Article 19(1)(d). It also ruled that public authorities have a duty to provide and maintain pedestrian infrastructure.

How a Private Family Trust Protects Your Wealth Across Generations

June 20, 2026 1023 Views 0 comment Print

Most people understand that having a Will is important, yet they may not realize the technicalities that are involved. That is exactly why a private family trust has turned into an invaluable legal tool for Indian families who want to protect their future.

FAQs on Benami Transactions Informants Reward Scheme, 2018

June 20, 2026 1752 Views 0 comment Print

The FAQs explain how eligible informants can receive rewards of up to ₹1 crore for providing actionable information on benami properties. They also outline eligibility, confidentiality, reward computation, and the conditions for claiming rewards.

FAQs on Annual Information System (AIS) & Taxpayer Information Summary (TIS)

June 20, 2026 6144 Views 1 comment Print

The Income Tax Department has clarified the purpose, contents, and access to the Annual Information Statement (AIS) and Taxpayer Information Summary (TIS). The FAQs explain how taxpayers can verify financial information and submit feedback to ensure accurate income tax return filing.

FAQs on Benami Property Transactions and Definitions

June 20, 2026 4731 Views 0 comment Print

The Income Tax Department has issued comprehensive FAQs explaining what constitutes a benami property and benami transaction under the PBPT Act. The guidance also details confiscation procedures, prosecution, statutory exceptions, and appeal mechanisms.

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