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Corporate Law : Learn about property tax in India, its purpose, calculation, exemptions, and how to pay online or offline. Understand key factors ...
Corporate Law : Patna HC denied bail to an alleged solver gang leader in the NEET UG 2024 paper leak case, citing a deep-rooted conspiracy that co...
Corporate Law : A detailed analysis of the Supreme Court's verdict on the Tata Sons vs. Cyrus Mistry case, covering corporate governance, minority...
Corporate Law : Delhi HC rules that harbouring terrorists under UAPA endangers national security, legitimizes terrorism, and carries penalties up ...
Corporate Law : Calls for a High Court Bench in West UP remain ignored. SC urged to intervene in judicial disparities affecting millions. Know the...
Corporate Law : Bar Council of India supports govt’s decision to revise Advocates (Amendment) Bill, 2025, ensuring fair consultation and safegua...
Corporate Law : The Competition Commission of India seeks public feedback on the draft Cost of Production Regulations 2025, replacing the 2009 rul...
Corporate Law : CBI dismantles a virtual asset-backed cybercrime network defrauding German nationals, arresting key accused and recovering digital...
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 : NCLAT Delhi denies CoC seat to assignee of related party debt post-CIRP. Ruling emphasizes preventing CIRP sabotage and protecting...
Corporate Law : Karnataka High Court held that accused convicted for the offence punishable under section 138 of the Negotiable Instruments Act to...
Corporate Law : Supreme Court clarified procedures for summons, warrants, and bail under the Prevention of Money Laundering Act (PMLA), emphasizin...
Corporate Law : NCLAT Delhi held that by approval of the Resolution Plan, all dues and claims of pre-CIRP stand extinguished. Thus, appellant is n...
Corporate Law : Kerala High Court held that levy of cess on the cinema tickets under section 3C of the Kerala Local Authorities Entertainment Tax ...
Corporate Law : Instruction No. 118 mandates weekly Jan-Sunwai sessions via VC for SEZ grievance redressal, ensuring timely resolutions and monthl...
Corporate Law : The government revises wheat stock limits for traders, retailers, and processors until March 31, 2025, to ensure price stability a...
Corporate Law : India approves Credit Guarantee Scheme for e-NWR loans to boost agri-finance. Scheme valid till 2030-31, covering default risks fo...
Corporate Law : FSSAI drafts amendments to labelling rules, emphasizing RDA visibility, milk product logos, and coffee-chicory mix declarations. P...
Corporate Law : IRDAI penalizes UIB Insurance Brokers ₹1 crore for delayed premium remittances. The company must review pending transactions and...
Section 16 (3)(a) of the Insolvency and Bankruptcy Code, 2016 (Code) requires the Adjudicating Authority (AA) to make a reference to the Insolvency and Bankruptcy Board of India (Board) for recommendation of an insolvency professional (IP) who may act as an interim resolution professional (IRP) in case an operational creditor has made an application for corporate insolvency resolution process (CIRP) and has not proposed an IRP. The Board, within ten days of the receipt of the reference from the AA, is required under section 16(4) of the Code to recommend the name of an IP to AA against whom no disciplinary proceedings are pending.
Allowing members of the EPS’ 95 the benefit of the actual salary in the Pension Fund exceeding wage limit of either Rs. 5000/- or Rs. 6500/- per month from the effective date respectively as per the Hon’ble Supreme Court’s order in Civil Appeal NO(S) 10013-10014 of2016 arising out of SLP No. 33032-33033 of 2015
The Government on 24th May 2017 released the Insolvency and Bankruptcy Code (Removal of Difficulties) Order, 2017 making additions in the Eighth Schedule of the Code, which originally amends the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 (SICA), in order to clarify the matter in view of the repeal of the Sick Industrial Companies (Special Provisions) Act, 1985, substitution of clause (b) of section 4 of the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 and omission of sections 253 to 269 of the Companies Act, 2013. We discuss in detail the order brought and its effect.
The Supreme Court, in Board of Control for Cricket in India v. Cricket Association of Bihar & Ors., (2016) 8 SCC 535, mandated the Law Commission of India to study the possibility of legalizing betting in India, inter-alia, observed thus
Milestones are usually an occasion to look back and reflect on the past. They are often viewed as opportunities to take stock of the path taken and to evaluate the journey that had been. The third-year milestone of the Narendra Modi led NDA government however marks a different kind of milestone with the government looking to the road ahead with new confidence and renewed focus.
I realized the extent to which India is transforming only when I started getting out of the big cities and visited India’s small towns and villages. The experience was beyond anything I could have imagined and the learning was priceless! It redefined how I saw technology and innovation and made me realize the power of true grit and resilience.
India and Russia have recently completed 70 years of diplomatic relations. On April 13 2017, which marked the historic occasion, a grand launch function for year- long celebrations to salute this friendship was held in New Delhi. More than 100 events, which will span diverse areas of bilateral collaboration, will be held both in India and Russia during the year- long celebrations.
The change in the name of the Department of Disability Affairs to the Department of Empowerment of Persons with Disabilities soon after the NDA assumed power was to send the message that ‘empowerment’ would be the key to the policies and programmes for the disabled and that a separate department meant this sector would receive focused attention it deserved.
A full-Bench of the Central Information Commission recently refused to direct the RBI to disclose list of defaulters and non-performing assets, in view of a similar issue being under consideration before the Supreme Court in the case of Center for Public Interest Litigation v. Housing and Urban Development Corporation Ltd. & Ors., WP(s) (C) No 573/2003.
All the exempted Trusts are hereby advised to submit the pending online returns from October, 2016 till date. It is clarified that the return for the wage month March, 2017 is to be filed latest by 15th of May, 2017