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Article 19-Freedom of Speech and Expression & Its Limitations

May 24, 2022 129999 Views 0 comment Print

The Preamble to the Constitution declares India to be a SOVEREIGN, SOCIALIST, SECULAR DEMOCRATIC REPUBLIC and a welfare state committed to secure ‘justice, liberty and equality for the people and for promoting fraternity, dignity of the individual and unity and integrity of the nation.’

Insurance company liable only in respect of passengers for whom insurance taken or can be taken

May 23, 2022 16956 Views 0 comment Print

National Insurance Co. Ltd. Vs Anjana Shyam & Ors (Supreme Court of India) Supreme Court HELD THAT – ‘Insurance company can be made liable only in respect of the number of passengers for whom insurance can be taken under the Motor Vehicles Act and for whom insurance has been taken as a fact and not in […]

Whether NCLT an Appropriate Forum for Resolving Inter-se Disputes of Partners of LLP

May 22, 2022 4341 Views 1 comment Print

Delhi High Court held that inter se disputes between partners of an LLP are required to be tried as a commercial suit in terms of the Commercial Courts Act, 2015 and the National Company Law Tribunal (NCLT) is not the appropriate forum for deciding such disputes.

Whether a Lesssor Would be a Financial Creditor or Operational Creditor Under IBC Laws: SC

May 22, 2022 2382 Views 0 comment Print

Understanding the difference between financial and operational creditors under IBC laws: Supreme Court ruling explained.

IRDAI (Investment) (Fifth Amendment) Regulations, 2013

May 21, 2022 3960 Views 0 comment Print

Understanding IRDAI (Investment) (Fifth Amendment) Regulations, 2013 and their impact on insurance companies in India.

ITAT allows Section 12AA registration to entity developing training & research centre to facilitate skill development

May 17, 2022 1080 Views 0 comment Print

Object to develop training and research centre to facilitate skill development to entire chain of work force engaged at various levels in garment and textile industry entitle for registration under provisions of Section 12AA.

CIRP can be initiated despite Pendency of Proceedings Before DRT, SARFAESI etc

May 16, 2022 4437 Views 0 comment Print

NCLAT held that in view of the provisions of Section 238 of the I&BC 2016 the financial Creditor/ Operational Creditor/Corporate Persons can file an application under Section 7 ,9 & 10 of the I & B Code, 2016 before the respective Adjudicating Authorities even though in respect of same any proceeding pending before other forums on the ground that the provisions of I & B Code, 2016 is overriding effect of other laws

Detailed Audit Programme on Important Areas of Insurance Business

May 14, 2022 4491 Views 0 comment Print

Explore the intricacies of insurance business audits with a detailed audit program, covering financial statements, legal obligations, and compliance with Acts and regulations. Learn about premium verification, claims assessment, and commission scrutiny, ensuring a comprehensive understanding of insurance audit areas.

SEBI grants relaxation from sending hard copies of annual report

May 13, 2022 1335 Views 1 comment Print

SEBI grants relaxation for listed companies on hard copies of annual reports till December 31, 2022, aligning with MCA Circular. Explore the details of the provisions under Regulation 36(1)(b), Regulation 47, Regulation 36(1)(c), and Regulation 44(4). Stay informed on the latest regulatory updates.

Concept of Angel Tax & Taxability under Income Tax Act 1961

May 11, 2022 27228 Views 0 comment Print

Understanding the concept of Angel Tax & its taxability under the Income Tax Act 1961. Learn how it impacts entrepreneurs and new ideas.

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