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Corporate Law : Understand tax, valuation, and GST implications in the takeover of a proprietorship firm by a private limited company under Indian...
Corporate Law : Supreme Court rules Urdu can be used on public signboards, clarifying it is not tied to any religion and has equal status with Mar...
Corporate Law : Allahabad HC: Anticipatory bail under BNSS is applicable in Gangsters Act cases initiated before July 1, 2024, if arrest apprehens...
Corporate Law : Explore privacy and legal concerns around facial recognition in India, and the need for a clear regulatory framework to manage its...
Corporate Law : Learn about Dividend Distribution Policy, its importance, factors affecting dividend payout, and the balance between retention and...
Corporate Law : IBBI's First Appellate Authority dismisses Ravinder Aggarwal's RTI appeal seeking details on MSA Developers' resolution plan imple...
Corporate Law : India's IBC shows significant recovery rates. 8,000+ CIRPs initiated, with 3,485 debtors rescued. Learn about amendments & reforms...
Corporate Law : EPFO adds 15 banks for employer contributions, expanding to 32 banks. The move aims to enhance efficiency and reduce transactional...
Corporate Law : DoT and MHA take steps to curb telecom frauds, block spoofed calls, and promote cybercrime reporting through NCRP and Sanchar Saat...
Corporate Law : CBDT signed 174 Advance Pricing Agreements in FY 2024-25, including a record number of bilateral agreements, to improve transfer p...
Corporate Law : Supreme Court held that in the case under Section 138 of the Negotiable Instruments Act, 1881 [NI Act], complainant is not require...
Corporate Law : On pursuits by the resolution professional the earlier notices issued by the Respondent Authority in regard to the Hotel were prov...
Corporate Law : Supreme Court affirms that an agreement to 'conduct' a hotel business does not automatically confer tenancy rights under the Bomba...
Corporate Law : A Rajendra Vs Gonugunta Madhusudhan Rao & Ors (Supreme Court of India) The Supreme Court of India has upheld an order by the N...
Corporate Law : Supreme Court upheld Karnataka High Court's decision, declaring a single satisfaction note for multiple years under Section 153C i...
Corporate Law : The Government of India has increased the Dearness Relief for Central Government Pensioners and Family Pensioners to 55% effective...
Corporate Law : The government has announced an increase in Dearness Relief for 5th CPC series CPF beneficiaries receiving basic ex-gratia payment...
Corporate Law : IBBI's First Appellate Authority disposes of RTI appeals concerning information on actions against a Resolution Professional and C...
Corporate Law : IRDAI warns Heritage Health Insurance TPA for closing claims and issuing repudiations directly, violating regulations. Action repo...
Corporate Law : IRDAI warns Heritage Health TPA for non-compliance in claims handling. Advisory issued to follow regulations in health insurance c...
India is a democratic country. In a democratic society, the responsibility of the government is more and the common masses have ultimate right to get information about every public act. If people do not know what is happening in their society, if the actions of those who rule them are hidden, then they cannot take a meaningful part in the affairs of that society. But information is not just a necessity for people- it is an essential part of good government. Bad government needs secrecy to survive. It allows inefficiency, wastefulness and corruption to thrive.
Stealing is not just a violation of a moral code but is also considered criminal in most cases. But somehow, morality has not been emphasised in the corporate world and the new corporate professional has not been initiated into it. This ignorance has given rise to the new and improved, socially-accepted, ‘corporate thief’.
The Board of Approval of the Special Economic Zones (SEZs) met here today to consider proposals for setting up of Special Economic Zones and also to approve other miscellaneous requests pertaining to SEZs. Addressing the Board of Approval members, the Chairman informed that so far 574 formal approvals have been granted for setting up of SEZs out of which 353 have been notified.
Over 4.7 crore (47 million) employees are likely to get an interest of 8.5 per cent in 2010-11 on their provident fund deposits of about Rs 2.5 lakh crore (Rs 2.5 trillion), a return authorities have been giving for the past five years. The decision is likely to be taken on Friday at the meeting of the Central Board of Trustees (CBT), the apex decision making body of the Employees Provident Fund Organisation (FPFO), turning down the trade unions’ demand for 8.75 per cent as it would result in huge deficit.
Government on Thursday banned foreign direct investment in cigarette manufacturing. “FDI will be prohibited in the manufacture of cigarettes, whether it is for domestic consumption or for exports,” home minister P Chidambaramtold reporters after the meeting of the Cabinet Committee on Economic Affairs.
It was the then wandering monk, Swami Vivekananda who instilled the idea of a steel plant in India in the then merchant Jamshedji N. Tata during their journey in a ship together form the port of Oklahama in Japan to Boston in USA. The first steel plant in the country came up at Jamshedpur in the year 1912 under the entrepreneurship of Jamshedji N. Tata.
Dr.M.Veerappa Moily, Minister of Law and Justice will release a paper on Proposed Amendments in Arbitration and Conciliation Act, 1996 here tomorrow. The Arbitration and Conciliation Act, 1996 deals with law relating to domestic arbitration, international commercial arbitration and enforcement of foreign arbitral awards. The objects and basis of the said Act is to speedy disposal with least court intervention.
The government plans to introduce a separate legislation to speed up insolvency proceedings and help distressed firms wind up operations quickly. The new law will shorten the legal processes involving insolvency operations of small and medium entities. The government is keen to make bankruptcy proceedings a time-bound procedure.
Limited liability partnership (LLP), the new business vehicle that the government introduced a year ago, is moving from one hurdle to another. While Budget 2010-11 has cleared the way for small companies to convert into LLPs through capital gains tax waiver, the commerce and industry ministry is now having second thoughts on allowing FDI in LLPs.
Favours check on downstream investments by firms with minority foreign shareholding. The finance ministry has proposed to tighten the foreign direct investment (FDI) regime in the country. It has sought to route a larger number of investments by companies where the foreign stakeholding is less than 50 per cent through the Foreign Investment Promotion Board (FIPB).
