The world got to know about the passing away of the sage Keshvanand Bharati or Kesavananda Bharati Sripadagalvaru at the Edaneer Mutt, in the early hours of 6th September 2020, whose petition made the Supreme Court of India reach a landmark decision on the celebrated doctrine of ‘basic structure of the Constitution‘ in 1973 and set a precedent for […]
On 3rd September 2020, the Bombay High Court has passed a landmark ruling placing the wife in a position as a Guardian for her comatose (in the position of coma). The Bombay High Court thereby affirmed that a spouse could be the best Guardian for his/her spouse and thus, appointed the spouse of a comatose man as his guardian for making it easier […]
Slowly and steadily India is moving towards a transparent and efficient economic system through good corporate governance. While we witnessed changes in the Income-tax provisions and the revamped GST Portal for the ease of doing business, the capital market regulator of the country has also announced a revision in the disclosure requirements for transactions in […]
CBDT had earlier this month notified the National e-Assessment Centre (NeAC) for all communications with the taxpayers under the faceless assessment scheme. Under the new system, taxpayers need to not to physically visit their regional jurisdiction tax officers or the IT department on receiving income tax scrutiny or assessment notices. The CBDT has also notified that the cases related to domestic […]
The Uttrakhand High Court has on 29th August 2020 passed a landmark judgment in a case maintaining that Section 13 of the Hindu Marriage Act prescribes a provision for divorce and recognizes cruelty but doesn’t limit to just physical cruelty on the part of the spouse as a ground for divorce. Thus, cruelty shall include physical as well as mental cruelty as a ground of divorce. The Uttarakhand HC […]
The Ministry of Home Affairs has on 30th August 2020 notified new guidelines for Unlock 4, which is a sincere effort by Union and State Governments to curb the efforts of the pandemic and healing the economy from its ill-effects.To do this, the Government had decided to ease the restriction steps-wise taking small steps at […]
The global pandemic of COVID-19 has brought grave losses to humanity as well as the tax collections this year as per the Government reports. It’s a known fact already that at the time of the introduction of Goods and Services Tax 2017, the Union Government had promised a certain amount of their revenues as GST […]
An employee cannot be Removed or Reduced in Rank Due to Disability –Punjab and Haryana High Court The Punjab and Haryana High Court has on 25th August 2020 has passed a ruling reaffirming his right to work and confirming that a person with a physical disability has the right to continue his job and a mere disability cannot be […]
The market regulator has proposed relaxing norms pertaining to 25 percent minimum public shareholding for companies that undergo corporate insolvency resolution process and seek to relist afterward. SEBI’s proposal comes from the insolvency proceedings of Ruchi Soya Industries extreme share price movement after the company went through insolvency proceedings, the SEBI proposed to change the minimum public shareholdings norms for entities undergoing insolvency […]
On Aug 19th the Calcutta High Court has nullified the order of the National Company Law Tribunal (NCLT) order that provided earlier all financial creditors shall be required to mandatorily file a default record from information utility along with a plea under Section 7 of Insolvency & Bankruptcy Code. These findings were provided by Justice Shekhar B. Saraf in […]
