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Corporate Law : Learn about RERA agent registration in Gurugram, including eligibility, fees, benefits, and compliance. Stay updated with the late...
Corporate Law : Kerala High Court grants divorce citing husband's disinterest in family life and conjugal relations, emphasizing mental cruelty as...
Corporate Law : A step-by-step guide for LLP closure, including pre-conditions, required documents, and filing Form 24 with MCA for strike-off....
Corporate Law : MSME notification mandates companies to file half-yearly returns for delayed payments exceeding 45 days to micro and small enterpr...
Corporate Law : Compare internal vs. external board evaluations. Learn their pros, cons, costs, and impact on governance to choose the best approa...
Corporate Law : Details on Indian government's blocking of YouTube channels, citing IT Rules 2021 and Section 69A of IT Act 2000. Learn about reas...
Corporate Law : Learn about SEZ provisions for IFSC units, mandatory approvals, and the role of IFSCA Administrator under SEZ Act for unified regu...
Corporate Law : Govt approves Rs.22,919 crore scheme to boost electronics component manufacturing. Aims to attract Rs.59,350 crore investment & ge...
Corporate Law : CAIT raises concerns about deceptive opinion trading platforms, urging action to prevent user harm and ensure compliance with IT R...
Corporate Law : Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2024; fines apply fo...
Corporate Law : On an application filed u/s. 9 of the Insolvency and Bankruptcy Code, 2016, the Corporate Debtor – Lavasa Corporation Limited wa...
Corporate Law : NCLAT Delhi held that post approval of resolution plan both by CoC and the adjudicating authority, it cannot be reopened on the ba...
Corporate Law : Supreme Court grants mutual divorce in Arun Arya vs. Parul Singh, transferring flat ownership to wife and exempting stamp duty und...
Corporate Law : CCI orders investigation into TASMAC's alleged abuse of dominance, limiting beer brand access in Tamil Nadu, following informant's...
Corporate Law : NCLT Delhi held that resolution plan of corporate debtor Dev Versha Publication Private Limited submitted by resolution profession...
Corporate Law : EPFO announces a 60-day Productivity Linked Bonus for eligible employees for FY 2023-24, with a maximum payout of ₹13,816, effec...
Corporate Law : EPFO implements Unified Pension Scheme from April 2025, covering existing employees under NPS, new recruits, and eligible retirees...
Corporate Law : FSSAI allows recycled PET for food packaging under the Food Safety and Standards (Packaging) First Amendment Regulations, 2025. Ef...
Corporate Law : IBBI mandates Baanknet for asset auctions during liquidation from April 2025. Prospective bidders must submit documents and EMD vi...
Corporate Law : IBBI's Disciplinary Committee directs a fresh probe into alleged violations by IP Rajiv Chakraborty during the CIRP of Uttam Galva...
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.
Notification dated 24.03.2020 does not save the Applicant/ Corporate Debtor from the initiation of insolvency especially in cases where defaults towards creditors have taken place before the COVID pandemic and the resultant financial crisis. Such an interpretation would be contrary to the intention of the executive in exercise of its power of delegated legislation. If the intention was to provide for a blanket protection to Corporate Debtors from being dragged to the NCLT irrespective of when or what extent a default has taken place, it would necessarily require a legislative amendment, and that a mere issuance of the notification would not suffice.
Skoda Auto Volkswagen India Private Limited Vs State of Uttar Pradesh & Ors. (Supreme Court of India) We are unable to agree with the contention of the learned Senior Counsel for the petitioner that the substratum of the police complaint is something that is already the subject matter of adjudication before this Court in the […]
Venus Recruiters Private Limited Vs Union of India (Delhi High Court) Whether an application for avoidance of a Preferential Transaction, though filed prior to the Resolution Plan being approved, can be heard & adjudicated by the NCLT, at the instance of the RP, after the approval of the Resolution Plan? The jurisdiction of the NCLT […]
The enraging ongoing agitation of the farmers of Punjab, Haryana and the Western U.P is an ill-conceived wrongly motivated incident affecting the peace and tranquillity of the nation especially viewed in the background of the resurging COVID 19 cases. The three-part bill of the Agri reforms consists of (1) The Farmers’ Produce Trade and Commerce […]
A lawyer generally has no implied or apparent authority to make an admission or statement which would directly surrender or conclude the substantial legal rights of the client unless such an admission or statement is clearly a proper step in accomplishing the purpose for which the lawyer was employed
EPFO has extended the time limit up to 28th February 2021 for submission of Life Certificate (Jeevan Pramaan Patra-JPP) in respect of the Pensioners drawing pension under EPS 1995 and whose Life certificate is due in any month till February 28, 2021. Presently a Pensioner can submit JPP anytime during the year upto 30th November, which is valid for a period of one year from the date of issue.
Summary of Fresh Start Process (Individual and Partnership Firm) under the Insolvency and bankruptcy code 2016 (IBC, 2016) THE INSOLVENCY AND BANKRUPTCY CODE, 2016 Part III (Chapter II) Fresh Start Process 1.) Who may File Application for Fresh Start in I&B Code 2016? (Section 80) Any Debtor who fulfil following eligibility criteria may file application […]
