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Corporate Law : This article aims to provide a comprehensive overview of data privacy and cybersecurity, highlighting key issues, best practices, ...
Corporate Law : Updating circle rates to match market value can reduce tax evasion, black money, and cash transactions in real estate, ensuring tr...
Corporate Law : This article explores the importance of maritime governance, the key principles and challenges, and the role of international law ...
Corporate Law : This article explores the concept of inorganic growth, highlighting its advantages and comparing it to organic growth, which is dr...
Corporate Law : Madhya Pradesh HC ruled that a married woman cannot claim her consent for physical relations was obtained under a false promise of...
Corporate Law : RTI Act permits access only to information held by a public authority and does not require the creation or interpretation of infor...
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 : NCLT Delhi rejects bankrupt's discharge plea under IBC 138(1), stating only the Bankruptcy Trustee can file. Decision highlights p...
Corporate Law : NCLAT clarifies security deposits under MoUs without borrowing effect do not qualify as financial debt under IBC. Read the detaile...
Corporate Law : SC clarifies that only signatories or responsible directors can be held liable under Section 138 of the Negotiable Instruments Act...
Corporate Law : Rajasthan HC rules non-payment of salary violates Article 21. Orders release of pending wages, citing Supreme Court precedents on ...
Corporate Law : NCLAT rules charge non-registration under Section 77 doesn't negate secured creditor status. Upholds claim, differentiating CIRP a...
Corporate Law : RTI Act grants access to existing records only; public authorities need not provide opinions, clarifications, or policy recommenda...
Corporate Law : RTI Act permits access only to information held by a public authority and does not require the creation or interpretation of infor...
Corporate Law : IBBI suspends valuer Nitin Ashok Garg for six months due to valuation report discrepancies in East Coast Energy liquidation case....
Corporate Law : IBBI suspends Sujit Shrikant Joglekar for six months due to valuation discrepancies in East Coast Energy liquidation....
Corporate Law : Instruction No. 118 mandates weekly Jan-Sunwai sessions via VC for SEZ grievance redressal, ensuring timely resolutions and monthl...
Maintenance of Parents & Senior Citizens Act- DM to ensure the protection of life and property of senior citizens to enable them to live with security and dignity
Shrikant Mohta Vs Republic of India (Orissa High Court) Conclusion: There had been no substantial change in circumstances after rejection of the last bail application of assessee by the court in January this year and subsequent dismissal of his SLP by the Supreme Court in February. Further, huge number of documents had been seized and […]
The DC also notes that the FIR against Mr. Mohan is yet to culminate into a charge sheet, however, the submission of Mr. Mohan that before issuing of the SCN, statutory requirements of section 217, 218, 219 and 220 of the Code were not complied with by the IBBI since no independent investigation was conducted […]
The DC notes that a trap proceeding was conducted by CBI against Mr. Agarwal wherein he was caught accepting an amount of Rs. 3 lakhs from Mr. Amit Sarawgi (complainant to CBI). However, it has been contended by Mr. Agarwal that the said amount was accepted as a part refund of Rs. 10 lakhs illegally […]
In the present case, after stay on further proceedings by the Hon’ble Supreme Court, Mr. Gupta handed over the control and custody of the assets to ex-management which was against the fundamental jurisprudence of the Code relating to creditor in control mechanism. His conduct is in violation of key procedural norm of keeping with him […]
Bhagwat Joshi @ Shankar Lal Joshi Vs State of Chhattisgarh (Chhattisgarh High Court) Condition for grant of bail should not be stringent, as it would violate accused right of personal liberty under Article 21 of the Constitution of India. FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT “The delicate light of the law favours release […]
The discussions in the meeting will focus on the new Foreign Trade Policy (FTP) (2021-26) and the strategies and measures to be taken in order to take forward domestic manufacturing and exports.BOT platform provides an opportunity to have regular discussion and consultation with trade and industry and advise the Government on policy measures related to FTP in order to achieve the objective of boosting India’s trade.
Chennai Port trust was not eligible for exemption under Section 29(a) of the Urban Land Tax Act as it did not produce any evidence to prove that the Lands were owned by the Central Government and that the Madras Dock Labour Board was only the ostensible owner. Indeed, the evidence on record indicated that the Madras Dock Labour Board was both the ostensible and real owner and the Lands were assessed to urban land tax and that the Madras Dock Labour Board paid urban land tax as and when demanded. Moreover, the Board Circular dated 30.06.1976 expressly provided that lands owned by the Madras Port Trust would not be eligible for the exemption under Section 29(a).
[*The relevant sections and statutes have been mentioned in brackets] Q.1 What is a power of attorney? Ans: Power of attorney includes any instrument empowering a specified person to act for and in the name of the person executing it. [Section 1A of The Powers of Attorney Act, 1882] By a power of attorney, one […]
Gujarat Maritime Board was having a callous and indifferent attitude and not justified in denying interest on the refund of the deposit which was allowed to the Asiatic steel on account of delay in refund of the amount paid by it for securing contract for a piece of land for ship breaking activity. The Board’s action was entirely unacceptable.