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Corporate Law

Read all latest corporate law news, articles, notifications & circular on Taxguru.in. News on laws related to DIPP Labour Minimum Wages Gratuity PF Arbitration Negotiable instrument Essential Commodities SRFAESI Competition Act Corporate Law

Latest Articles


Magistrate Can Order Probe Against Public Servant After Considering Defence & Officer’s Report: Orissa HC

Corporate Law : Orissa High Court rules Magistrate can order probe against public servants only after considering their defence and superior offic...

February 18, 2025 63 Views 0 comment Print

Maharashtra Information Technology and IT Enabled Services Policy of 2023

Corporate Law : Maharashtra IT & ITES Policy 2023 aims to boost IT investment, create jobs, support emerging technologies, and enhance data center...

February 18, 2025 87 Views 0 comment Print

Artificial Intelligence and Indian Legal Framework: A Critical Analysis

Corporate Law : In the legal domain, AI's role is increasingly critical, particularly in patent law, where the question of inventorship and patent...

February 17, 2025 570 Views 0 comment Print

Extraterritoriality and Enforcement: Legal Labyrinth of Maritime Sanctions

Corporate Law : Explore the complexities of enforcing maritime sanctions, focusing on legal hurdles, international compliance, and the impact on s...

February 17, 2025 138 Views 0 comment Print

Misuse of Section 498A IPC to Harass Husband, Family is Abysmal: Delhi HC

Corporate Law : Delhi HC quashes an FIR citing misuse of Section 498A IPC, highlighting false dowry harassment allegations and the need for legal ...

February 17, 2025 582 Views 0 comment Print


Latest News


Latest Case Law Related to IBC 2016: October to December 2024

Corporate Law : Key IBC case law updates from Oct-Dec 2024, covering Supreme Court and High Court decisions on CoC powers, resolution plans, relat...

February 13, 2025 378 Views 0 comment Print

Status of Barshi Textile Mills & IBC Provisions

Corporate Law : The Government clarified that no cooperative sector companies in Maharashtra are declared corrupt under IBC, 2016, and Barshi Text...

February 12, 2025 72 Views 0 comment Print

CCI Order on WhatsApp-Meta Data Sharing: Status Update

Corporate Law : CCI's directive restricting WhatsApp data sharing for ads faces an interim stay by NCLAT. Government awaits legal resolution on da...

February 12, 2025 165 Views 0 comment Print

MSME Ministry Information held in fiduciary capacity not disclosable under RTI: IBBI

Corporate Law : IBBI denies RTI appeal citing fiduciary exemption under Section 8(1)(e). The requested MSME-related information was withheld. Appe...

February 12, 2025 72 Views 0 comment Print

Innovations in National Pension System and Its Accessibility

Corporate Law : The National Pension System (NPS) offers flexible, low-cost pension options with digital accessibility, aiming to expand coverage ...

February 8, 2025 300 Views 0 comment Print


Latest Judiciary


Bombay HC Quashes CBDT Order Over Unsigned Hearing & Withheld Field Report

Corporate Law : The Bombay High Court quashed a CBDT order denying tax benefits to Tata Autocomp Gotion Green Energy, citing violations of natural...

February 18, 2025 48 Views 0 comment Print

Department’s Burden in Disciplinary Enquiry Limited to Proof on Preponderance of Probabilities

Corporate Law : Supreme Court held that in disciplinary proceedings, the Disciplinary Authority is not required to be recorded detailed reasons in...

February 17, 2025 57 Views 0 comment Print

Property Transaction Not Benami if Ownership Remains With Seller: Appellate Tribunal

Corporate Law : Appellate Tribunal overturns Benami property attachment order in Rachakonda Srinivas Rao case, citing lack of ownership transfer a...

February 16, 2025 1746 Views 1 comment Print

ED Can’t Arrest in PMLA Case After Special Court Cognizance: Patna HC

Corporate Law : Patna HC rules that ED cannot arrest under PMLA after Special Court takes cognizance unless permitted. Arrest powers cease post-in...

February 16, 2025 201 Views 0 comment Print

Serving signed arbitral award copy to employee is not proper service u/s. 31(5) of Arbitration Act

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...

February 15, 2025 117 Views 0 comment Print


Latest Notifications


IBBI Clarifies RTI Act Does Not Mandate Data Collation; Appeals Dismissed

Corporate Law : IBBI disposes RTI appeals citing data limitations and exemptions under Section 7(9) and Section 8 of the RTI Act....

February 16, 2025 105 Views 0 comment Print

LLP & Partners Penalized ₹1.5 Lakh for Non-Functioning at Registered Address

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,...

February 13, 2025 318 Views 0 comment Print

IBBI Penalizes Insolvency Professional for Related Party Voting in CIRP

Corporate Law : Insolvency Professional Ahsan Ahmed penalized Rs. 50,000 by IBBI for assigning voting rights to related parties in SDU Travels Pvt...

February 13, 2025 135 Views 0 comment Print

Dr. Bhushan Kumar Sinha Joins IBBI as Whole Time Member

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...

February 13, 2025 150 Views 0 comment Print

RTI Act mandated Access to Records, Not Creation of Documents

Corporate Law : IBBI’s First Appellate Authority reviews RTI appeals by Kairav Anil Trivedi, addressing disclosure requests under the RTI Act. K...

February 12, 2025 168 Views 0 comment Print


OTS Proposal is An Acknowledgement of Debt: NCLT

January 9, 2020 5712 Views 0 comment Print

An OTS is a legitimate and valid acknowledgement of debt on the part of the Corporate Debtor and this just goes to show the liberal and pragmatic view of the NCLT while deciding such applications under Section 7. Unless overruled, this decision would set course for similar Section 7 applications in the future.

Sec 138 NI Act case cannot be quashed for mere Acceptance of Corporate Insolvency Resolution

January 9, 2020 14631 Views 0 comment Print

Where the proceedings under Section 138 of the Act had already commenced and during the pendency, the company gets dissolved, the directors and the other accused cannot escape by citing its dissolution. What is dissolved is only the company, not the personal penal liability of the accused covered under Section 141 of the Negotiable Instruments Act, 1881.

Market Study on E-commerce in India: Key Findings

January 9, 2020 4716 Views 1 comment Print

The Market Study on E-commerce in India (‘the study’) was initiated by the CCI in April 2019 with a view to better understand the functioning of e-commerce in India and its implications for markets and competition.

Deposit of unclaimed dividends and / or undistributed proceeds of liquidation process

January 9, 2020 489 Views 0 comment Print

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/LIQ/027/2020 9th January, 2020 To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities All Registered Insolvency Professional Agencies (By mail to registered email addresses and on website of the IBBI) Dear Madam / Sir, Sub: Deposit of unclaimed […]

IBBI suspends valuer license for using domain name ibbivaluer.com

January 8, 2020 1002 Views 0 comment Print

As per the information provided by Mr. Rathi, he registered the website with the name www.ibbivaluer.com on 21st March 2019. The website uses the abbreviation ‘ibbi’ as part of domain name i.e. ibbivaluer.com at that time when he did not even pass the examination for registration as a valuer. There is no evidence on record […]

NI Act: Section 148 is Retrospective, but 143A is Prospective: SC

January 8, 2020 18771 Views 0 comment Print

Surinder Singh Deswal Vs Virender Gandhi & Anr.  (Supreme Court) Court  was considering provisions of Section 143A of the N.I. Act which was inserted by the same Amendment Act 20 of 2018 by which Section 148 of the N.I. Act  has been inserted. This Court took the view that Section 143A is prospective in nature […]

Amendments to Indian Stamp Act, 1899 applicable from 01.04.2020

January 8, 2020 35601 Views 0 comment Print

Central Government appoints 01.04.2020 instead of 9 day of January, 2020, as the date on which the provisions of Part I of Chapter IV related to Amendments to Indian Stamp Act, 1899 which were notified by Finance Act, 2019 (7 of 2019). MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 8th January, 2020 […]

IBBI (Liquidation Process) (Amendment) Regulations, 2020

January 6, 2020 1722 Views 0 comment Print

Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2020 clarifies that a person, who is not eligible under the Code to submit a resolution plan for insolvency resolution of the corporate debtor, shall not be a party in any manner to a compromise or arrangement of the corporate debtor under section 230 of the Companies Act, 2013.

Tax on consumption of Electricity by person generating electricity is valid: HC

January 6, 2020 11283 Views 0 comment Print

Harekrishna Metallics Pvt. Ltd. Vs State of Karnataka (Karnataka High Court) Section 4[3] of the Karnataka Electricity [Taxation on Consumption] [Amendment] Act, 2013 deals with the payment of tax. In terms of sub-section [3] of Section 4, the incidence of tax is on the consumption. The consumption of electricity relates to every person generating electricity […]

Minimum Wages enhanced to ₹ 15000 | Section 4(1B) | Employees’ Compensation Act

January 3, 2020 19158 Views 0 comment Print

MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 3rd January, 2020 S.O. 71(E).—In exercise of the powers conferred by sub-section (1B) of section 4 of the Employee’s Compensation Act, 1923 (8 of 1923) and in supersession of the notification of the Ministry of Labour and Employment issued vide number S.O. 1258(E), dated 31st May, […]

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