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Corporate Law : Orissa High Court rules Magistrate can order probe against public servants only after considering their defence and superior offic...
Corporate Law : Maharashtra IT & ITES Policy 2023 aims to boost IT investment, create jobs, support emerging technologies, and enhance data center...
Corporate Law : In the legal domain, AI's role is increasingly critical, particularly in patent law, where the question of inventorship and patent...
Corporate Law : Explore the complexities of enforcing maritime sanctions, focusing on legal hurdles, international compliance, and the impact on s...
Corporate Law : Delhi HC quashes an FIR citing misuse of Section 498A IPC, highlighting false dowry harassment allegations and the need for legal ...
Corporate Law : Key IBC case law updates from Oct-Dec 2024, covering Supreme Court and High Court decisions on CoC powers, resolution plans, relat...
Corporate Law : The Government clarified that no cooperative sector companies in Maharashtra are declared corrupt under IBC, 2016, and Barshi Text...
Corporate Law : CCI's directive restricting WhatsApp data sharing for ads faces an interim stay by NCLAT. Government awaits legal resolution on da...
Corporate Law : IBBI denies RTI appeal citing fiduciary exemption under Section 8(1)(e). The requested MSME-related information was withheld. Appe...
Corporate Law : The National Pension System (NPS) offers flexible, low-cost pension options with digital accessibility, aiming to expand coverage ...
Corporate Law : The Bombay High Court quashed a CBDT order denying tax benefits to Tata Autocomp Gotion Green Energy, citing violations of natural...
Corporate Law : Supreme Court held that in disciplinary proceedings, the Disciplinary Authority is not required to be recorded detailed reasons in...
Corporate Law : Appellate Tribunal overturns Benami property attachment order in Rachakonda Srinivas Rao case, citing lack of ownership transfer a...
Corporate Law : Patna HC rules that ED cannot arrest under PMLA after Special Court takes cognizance unless permitted. Arrest powers cease post-in...
Corporate Law : Bombay High Court held that serving signed copy of arbitral award to employee of the partnership firm is not proper service of sig...
Corporate Law : IBBI disposes RTI appeals citing data limitations and exemptions under Section 7(9) and Section 8 of the RTI Act....
Corporate Law : Arles Maxent Associates LLP and its designated partners fined ₹1.5 lakh by Chennai ROC for violating Section 13 of the LLP Act,...
Corporate Law : Insolvency Professional Ahsan Ahmed penalized Rs. 50,000 by IBBI for assigning voting rights to related parties in SDU Travels Pvt...
Corporate Law : Dr. Bhushan Kumar Sinha takes charge as Whole Time Member of IBBI on Feb 11, 2025. He brings expertise in banking, finance, and ec...
Corporate Law : IBBI’s First Appellate Authority reviews RTI appeals by Kairav Anil Trivedi, addressing disclosure requests under the RTI Act. K...
Article explains Meaning Of Corporate Mergers, What Do You Understand By Mergers, Difference between Merger and Acquisition, Reasons For Failures Of Mergers, Bank Mergers and Acquisitions: A Common Phenomenon, Amalgamations Provisions Income Tax Act 1961, Types of Corporate Mergers, Legal Procedure For Corporate Mergers and Benefits Of Corporate Mergers. 1. Meaning Of Corporate Mergers Recently […]
Recently, a three judge bench of NCLAT in V. Padmakumar vs. Stressed Assets Stabilisation Fund (SAFS) & Anr. considered the issue that ‘whether admission of debt in balance sheet would amount to acknowledgement of debt which would further amount to extension of period of limitation as per Section 18 of the Limitation Act, 1963 (Limitation Act)’.
: In absence of any prime facie opinion framed, that the combination of Walmart-Flipkart was likely to cause or had caused appreciable adverse effect on the competition within the relevant market in India, the sanction of of Walmart’s acquisition of Flipkart by Competition Commission of India (CCI) was justified.
As per the information available, your Ministry is framing Rules under the Act and wants to surreptitiously include the lawyers under the proposed Rules so as to bring the lawyers across the country within the jurisdiction of Consumer Redressal Forum. This is highly deplorable and the lawyers across the country will never accept their inclusion within the definition of the provisions of Consumer Protection Act.
THE MAJOR PORT AUTHORITIES BILL, 2020- A BILL to provide for regulation, operation and planning of Major Ports in India and to vest the administration, control and management of such ports upon the Boards of Major Port Authorities and for matters connected therewith or incidental thereto.
As per Operational Creditor, Flipkart took delivery first few batches of LED TVs and later on refused to take delivery on the ground of lack of warehouse space. In good gesture Operational Creditor warehoused the LED TVs for a temporary period. For said period Operational Creditor had paid excess custom duties. Flipkart had failed to collect more than 70% of the stock as ordered by them till March, 2018.
More than 100 countries across the world now have reported cases of COVID-19. People traveling to these countries or people who have travelled abroad might come in contact with people affected with COVID-19 during their stay or even while in transit at the airports. Within these countries, few countries have reported very large number of cases and deaths putting passengers from these countries particularly at higher risk of infection.
In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government hereby exempts a Banking Company in respect of which the Central Government has issued a notification under Section 45 of the Banking Regulation Act, 1949 (10 of 49), from the application of the provisions of Sections 5 and 6 of the Competition Act, 2002, in public interest for a period of five years from the date of publication of this notification in the Official Gazette.
Justice Mukhopadhaya raised serious concerns with regard to the constant delays in insolvency proceedings and said that the Members of NCLAT and NCLTs must cut the time period of insolvency proceedings short and focus on quicker disposal of cases. He emphasised that there are only limited grounds to argue at the stage of admission and that the Members of NCLTs should admit or dismiss the cases adhering to the prescribed time limits.
LLP Settlement Scheme as per the General Circular issued by the MCA dated 04.03.2020 via number 06/2020. LLP or Limited Liability Partnership is a form of business vehicle governed by the Limited Liability Partnership Act, 2008 or LLP Act, 2008 in short, combining the quality attributes of a Company and a Partnership Firm. It gives […]
