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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


Intellectual Property Rights in Commercial Contracts

Corporate Law : Learn how Intellectual Property Rights impact commercial contracts, including ownership, licensing, dispute resolution, and key co...

March 10, 2025 51 Views 0 comment Print

Territorial Jurisdiction for Cheque Bounce Cases (NI Act under Section 138)

Corporate Law : Understanding territorial jurisdiction under Section 138 of the NI Act. Key rulings and amendments explain where cheque bounce cas...

March 9, 2025 1779 Views 0 comment Print

Who Needs to File LLP Annual Return and How to Do It?

Corporate Law : Learn who must file LLP annual returns in India and how to do it. Understand filing requirements, deadlines for Forms 11 and 8, an...

March 8, 2025 411 Views 0 comment Print

Draft Rent Agreement

Corporate Law : Rent Agreement is a legal document outlining the terms and conditions mutually agreed upon by the Owner and the Tenant for leasing...

March 7, 2025 7173 Views 0 comment Print

Demerger Under Companies Act: Process, Types & Regulations

Corporate Law : Learn about demerger under the Companies Act, 2013, its process, types, regulatory framework, taxation aspects, and key challenges...

March 7, 2025 339 Views 0 comment Print


Latest News


Consultation on Draft Competition Commission of India (Conduct) Rules, 2025

Corporate Law : CCI invites stakeholder comments on the draft Competition Commission of India (Conduct) Rules, 2025, ensuring ethics, confidential...

March 10, 2025 51 Views 0 comment Print

RTI Appeals Against IBBI Dismissed Over Repetitive Filings

Corporate Law : IBBI dismisses multiple RTI appeals citing misuse of the RTI Act through repetitive filings. The order emphasizes responsible use ...

March 7, 2025 126 Views 0 comment Print

Duplication in EPIC number does not imply duplicate/fake voters: EC

Corporate Law : The EC clarifies that duplicate EPIC numbers do not indicate fake voters and will ensure unique EPIC numbers for registered electo...

March 7, 2025 234 Views 0 comment Print

Manan Kumar Mishra Re-elected as BCI Chairman for 7th Term

Corporate Law : Manan Kumar Mishra wins a 7th term as Bar Council of India Chairman. His leadership continues as legal professionals push for High...

March 4, 2025 402 Views 0 comment Print

IRDAI Allows Insurers to Hedge Equities With Derivatives

Corporate Law : IRDAI permits insurers to use equity derivatives for hedging, aiming to reduce portfolio risks amid market volatility. Strict comp...

March 2, 2025 297 Views 0 comment Print


Latest Judiciary


Gratuity doesn’t form part of liquidation estate: Calcutta HC

Corporate Law : Calcutta High Court held that gratuity doesn’t form part of liquidation estate. Hence, entire dues of workers would not come und...

March 10, 2025 93 Views 0 comment Print

Rejection of resolution plan by CoC after discussion justifiable: NCLAT Delhi

Corporate Law : NCLAT Delhi held that rejection of resolution plan of appellant justified as CoC deliberated and discussed the Resolution Plan of ...

March 10, 2025 60 Views 0 comment Print

Directors Not automatically Liable for Company’s wrongful Acts Without Direct Involvement

Corporate Law : High Court failed to examine whether the complaint, even if taken at face value, established the personal liability of the directo...

March 10, 2025 135 Views 0 comment Print

Kerala HC Dismisses Writ Against Luxury Tax Assessment due to Availability of Statutory Remedy

Corporate Law : Kerala High Court dismisses writ petition challenging luxury tax assessment, citing the availability of a statutory appeal. ...

March 9, 2025 123 Views 0 comment Print

Supreme Court Dismisses PIL Against Jio, Airtel Internet Tariff Hikes

Corporate Law : Supreme Court dismisses PIL challenging internet price hikes by Jio and Airtel, stating consumers have alternatives. Petitioner ad...

March 9, 2025 111 Views 0 comment Print


Latest Notifications


IRDAI Permits Insurers to Use Bond Forwards for Hedging

Corporate Law :  IRDAI allows insurers to undertake Bond Forwards for hedging under specific conditions, aligning with RBI’s 2025 guidelines on...

March 10, 2025 18 Views 0 comment Print

RTI Act Grants Access to Records, Not Obligations to Compile Non-Existent Information

Corporate Law : IBBI rejects RTI appeal seeking detailed breakup of Dalmia Cement claims in Jaiprakash insolvency case, citing unavailability of d...

March 7, 2025 210 Views 0 comment Print

Clarifications on Valuer Registration & employment grievance  Beyond RTI Scope

Corporate Law : IBBI rejects RTI appeal seeking clarifications on valuer registration, stating that opinions and justifications do not fall under ...

March 7, 2025 114 Views 0 comment Print

Ongoing Fraud Investigation in Asset Sale: IBBI Directs RP to Report Results

Corporate Law : IBBI disposes of SCN against IP in CIRP case, addresses claims dispute, and ongoing RoC investigation. Details of findings and DC'...

March 6, 2025 504 Views 0 comment Print

IBBI Suspends IP for delays & procedural lapses in liquidation process

Corporate Law : The IBBI Disciplinary Committee has suspended Ms. Sonu Jain for one year due to delays and procedural lapses in the liquidation pr...

March 6, 2025 114 Views 0 comment Print


Payment of PF accumulations after closure of establishment, in absence of Form 3A/6A

May 23, 2012 8591 Views 0 comment Print

May kindly refer to the subject cited above. As you are aware that the establishments covered under the EPF and MP Act, 1952 are required to remit provident fund contribution on monthly basis in respect of all the eligible employees. However, till 31.03.2012 (Before introduction of ECR) the contributions were reflected in the member’s account only after receiving details of subscription in Annual Returns i.e. 3A and 6A. At times, these returns were not submitted by the employers of the closed establishments although the PF office was in receipt of contributions by way of monthly remittances or recovery of the amount in default. The compliance measures initiated against such establishments to procure the returns, many a times did not yield result due to non-traceability of either the employers or the records. This finally results in non-payment of PF accumulations to the members.

Payment of EPF – Who can attest the claim of liquidated company?

May 23, 2012 936 Views 0 comment Print

Employees of a liquidated company can file their claim for provident fund, duly attested by any of the following authorized persons: ♦ Member of Parliament; ♦ Member of Legislative Assembly; ♦ Magistrate; ♦ A Gazetted Officer; ♦ Sarpanch of the Village;

Arbitration Award after efflux of prescribed time – Valid or invalid?

May 23, 2012 6086 Views 0 comment Print

The parties cannot be deprived of their rights to challenge the award on the ground that there is a delay of 2 years and four months and the Award as declared after such a long period, in our view, can be challenged under Section 34 of the Act. The party cannot be remedy-less. Even under Section 16, the objection even if decided, can be re-agitated under Section 34 of the Act. There is no such scheme for the delayed action of the Arbitrator. Considering the aforesaid aspects, in our view, the award is bad in law.

Average Time for Registration of Trademarks reduced from 26M to 12M

May 22, 2012 1916 Views 0 comment Print

Trade Mark registration is quasi-judicial process and tends to be time consuming as it involves various steps, inter-alia, examination, publication and disposal of opposition. Sharp increase in the applications filed in the recent years and shortfall in manpower are the other reasons for delay.

Same officer cannot decide the appeal against the order passed by him as inferior authority

May 22, 2012 5501 Views 0 comment Print

The principle is that one who has made the decision having a judicial flavour should not participate in appeal arising from such a decision. In view of the aforesaid facts and circumstances and the principles of law I am of the opinion that the Commissioner has manifestly erred in law and acted against the settled principles of natural justice by deciding the appeal against his own order passed as an inferior authority.

Effect of Non Registration of Partnership Firm

May 22, 2012 80683 Views 34 comments Print

This paper attempts to study the impact of non registration of firms i.e., partnership firms. The whole idea of the paper is that all others who are transacting with the firm must be aware of the constitution of the firm and thus the documents which are available with the registrar of companies are public documents and people dealing with the firm are said to have constructive notice of the details about the firm.

SC dismisses petition challenging Tariff Hike

May 20, 2012 807 Views 0 comment Print

The Supreme Court dismissed the appeal of M/s DSR Steel Ltd against the order of the Appellate Tribunal for Electricity allowing revising of tariff for industries and others under an incentive scheme. The Vidyut Vitran Nigam Ltd of Jaipur, Jodhpur and Ajmer had applied for revision of tariff from the Rajasthan Electricity Regulatory Commission. Objections of several industries and some hundred individuals were heard before allowing the revision. The industries argued that they had invested huge amounts on the promise of continuation of the incentive scheme prevailing then. The commission rejected the arguments and allowed revision of the tariff. The industries took the issue to the appellate tribunal in New Delhi, which rejected their arguments. Now the Supreme Court has also dismissed the appeal, stating that issues decided by the commission and the tribunal should not be reopened unless there is a substantial question of law involved.

Due Date for payment of Employee Provident Fund (EPF)

May 17, 2012 463866 Views 52 comments Print

Due date for payment of Provident Fund contributions is 15 days from the end of month in which wages are paid (plus grace period of 5 days). Thus, if wages pertaining to April’ 2012 is paid on, say, 7th May’ 2012, due date for payment of Provident Fund contribution is 20th June’ 2012 [i.e. 15th June’ 2012 as increased by grace period of 5 days].

HC allowed Migration of Student despite non payment of Fees

May 15, 2012 1505 Views 0 comment Print

In the counter affidavit filed by the respondent No.2/SOL, it is stated that the student is not entitled to any relief in the present petition for the reason that as per the rules of the respondent No.2/SOL contained in the prospectus, only a bonafide student of a college is entitled to migration to SOL and admittedly, the student had paid her regular fee with I.P. College upto April, 2011 and not thereafter and resultantly, on the date when she had sought migration, she was not a bonafide student enrolled with any college and, therefore, she could not be considered for purposes of migration to the respondent No.2/SOL. In support of the aforesaid averments, a copy of the prospectus of SOL for the academic year 2011-12 with regard to migration/direct admission is enclosed with the counter affidavit as Annexure R-1.

Suppressing Material facts & Filing of successive petition amounts to abuse of Court Process

May 14, 2012 7120 Views 0 comment Print

After investigation, chargesheet has been filed against the petitioner and others under Sections 177, 181, 182 and 195 IPC. The petitioner has suppressed the material fact and has not disclosed anywhere in this petition that he had approached the High Court under Section 482 Cr.P.C. for quashing of the chargesheet, which stood rejected vide order dated 3.2.2010 and the said order attained finality as has not been challenged any further.

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