Corporate Law

A critical Analysis: Time-limits under Insolvency & Bankruptcy Code, 2016

India until the introduction of the present Insolvency and Bankruptcy Code 2016 had offered a multi-pronged solution to the problem of recovery of debt/revitalizing the failing business. As many as 13 enactments (such as SARFASEI, RDB Act, SICA, Company law etc.) dealing with insolvency and bankruptcy existed and there was no single law i...

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Importance and Procedure of Trademark Registration

PROCEDURE FOR TRADEMARK REGISTRATION- 1. To start with, search on the trademark’s department website on http://www.ipindia.gov.in/ as to whether the Trademark you intend to register is already registered or not....

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Decoding GDPR by CRIF Highmark

As data, the new oil of the digital era continues to drive the economies around the globe, privacy and protection of data is in the spotlight. On 25 May 2018, The European Union led the pack by enforcing GDPR into full-effect, thereby making a milestone in data protection laws across the European Union (EU).  What […]...

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New Threat- LLP Strike off Notice

Recently MCA has issued Notice of Thousands of LLP’s u/s 75 of LLP Act, 2008 read with Rule 37 of LLP Rules, 2009 for non-filling of Financial Statements and Annual Returns for previous two years. ...

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GDPR – The Dawn of An Era in Data Protection

With increase in technological innovations such as Internet of Things (IOT), Cloud services and mobility coupled with constant connectivity, the geographical boundaries are reducing and exposing personal data to higher risks....

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Discussion Paper- Discharge from Responsibility as IRP, RP or Liquidator

IBBI releases Discussion Paper on Discharge from Responsibility as Interim Resolution Professional, Resolution Professional or Liquidator of the Corporate Processes under the Code for comments...

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CCI approves acquisition of Monsanto by Bayer AG U/s. 31(7) of Competition Act, 2002

CCI approves the acquisition of Monsanto by Bayer AG under Section 31(7) of the Competition Act, 2002, subject to modifications/remedies to address the anti-competitive effects resulting from the said acquisition ...

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National Guidelines on Economic, Social & Environmental Responsibilities of Business

The National Guidelines on the Economic, Social and Environmental Responsibilities of Business (Guidelines) presented herein are the outcome of a process initiated by the Ministry of Corporate Affairs (MCA) in September 2015. ...

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The IBC (Amendment) Ordinance, 2018 and the Homebuyer

The new IBC (Amendment) Ordinance, 2018 equates an allottee of a real estate project to be a person having a commercial effect of borrowing. He is now treated as financial creditor. He can initiate a corporate insolvency for a resolution against the errant developer. ...

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Facebook to explain over reports of data sharing without consent

Recently there are media reports claiming that Facebook has agreements which are allowing phone and other device manufacturers’ access to its users’ personal information, including that of their friends without taking their explicit consent. The Government of India is deeply concerned about reports of such lapses / violations....

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When will the Rip Van Winkleism stop- SC Slam Central Govt

Union of India Vs Pirthwi Singh (Supreme Court of India) - To make matters worse, in this appeal, the Union of India has engaged 10 lawyers, including an Additional Solicitor General and a Senior Advocate! This is as per the appearance slip submitted to the Registry of this Court. In other words, the Union of India has created a huge financial liability by ...

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RTI Information seeker cannot resort to penalty proceeding U/s. 20 RTI Act, 2005

Rajkumar Mishra Vs Chhattisgarh State Information Commission (Chhattisgarh High Court) - It is held that The information seeker is only entitled for damages and cost, if any, as there is no provision in the Act of 2005 for payment of penalty or part thereof recovered from Erring Information Officer to the information seeker and therefore information seeker cannot as a matter of right cl...

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Bombay HC Criticizes Advocates for Unethical Conduct and facilitating unethical misadventures of their clients

Anand Agarwal Vs. Vilas Chandrakant Gaokar (Bombay High Court) - Certain Advocates have forgotten the code of eithcs. They facilitate the unethical misadventures of their clients, encouraging their clients dishonest practices, causing grave stress to the Judiciary, and bringing the entire judicial system to disrepute....

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Under RTI act petitioner cannot elicit answer to his queries or ask for any ‘opinion’ or ‘advice’

Mr. Ankit Garg Vs CPIO, Insolvency and Bankruptcy Board of India (Insolvency And Bankruptcy Board of India) - RTI Act does not cast on the public authority any obligation to answer queries in which the petitioner attempts to elicit answer to his queries with prefixes as why, what when and whether. The petitioner’s right extends only to seeking information as defined in section 2(f) either by pointing the ...

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SC refuses to stay oath ceremony of BJP’s BS Yeddyurappa, says final hearing after perusing letter given to Karnataka governor

Dr. G. Parmeshwara & Anr. Vs Union of India Ministry of Home Affairs (Supreme Court of India) - The petitioners have filed this petition challenging the validity of Communication No.GS 41 GOB 2018 dated 16th May, 2018, addressed by the Governor of Karnataka to Shri B.S. Yeddyurappa (respondent No.3 herein) inviting him to form the government and be sworn in as the Chief Minister of the State o...

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20% Surcharge on liquor and Beer Sales in Rajasthan from 23.06.2018

[No. F. 1 2(26)FD Tax/2018-54] - (22/06/2018) - Rajasthan Government hereby notifies that the surcharge at the rate of twenty percent shall be levied and collected, on the amount of tax or any sum in lieu of tax payable on the sale of Foreign Liquor, Indian Made Foreign Liquor, Country Liquor and Beer sold by the dealers registered under the pro...

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Plastics Banned in Maharashtra From June 23,2018- Check Whats banned

Notification No. Plastic-2018/C.R. No.24/TC-4 - (23/06/2018) - WHEREAS, concerns about usage and disposal of plastic are diverse and include accumulation of waste in landfills, water bodies and in natural habitats, physical problems for wild animals resulting from ingestion or entanglement in plastic, the leaching of chemicals from plastic products and the pote...

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Person with pending serious criminal proceeding cannot be registered as IP

NA - (19/06/2018) - Pendency of serious criminal proceeding, as noted above, against the applicant adversely impacts his reputation and makes him not a person fit and proper for registration as an IP. In exercise of the powers conferred on the Board under regulation 8(3)(b) of the Regulations, I, therefore, reject the ...

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Suggestions invited on draft on Cross-Border Insolvency

Insolvency Section File No. 30/27/2018 - (20/06/2018) - The Ministry of Corporate Affairs (MCA), Government of India, invites comments and views from stakeholders on introductory note and draft on Cross-Border Insolvency. The MCA is keen to introduce a globally accepted and well-recognised cross-border insolvency framework, fine-tuned to suit the needs o...

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Details on RTI Amendments cannot be disclosed: DoPT

No.12/207/2018-IR - (14/06/2018) - The matter regarding amendment in the RTI Act, 2005 is under consideration and has not reached finality. As per section 8(1)0) of the RTI Act, 2005, information requested by you cannot be supplied at this stage....

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Recent Posts in "Corporate Law"

20% Surcharge on liquor and Beer Sales in Rajasthan from 23.06.2018

[No. F. 1 2(26)FD Tax/2018-54] (22/06/2018)

Rajasthan Government hereby notifies that the surcharge at the rate of twenty percent shall be levied and collected, on the amount of tax or any sum in lieu of tax payable on the sale of Foreign Liquor, Indian Made Foreign Liquor, Country Liquor and Beer sold by the dealers registered under the provisions of the Rajasthan Value Added Tax...

Read More

Plastics Banned in Maharashtra From June 23,2018- Check Whats banned

Notification No. Plastic-2018/C.R. No.24/TC-4 (23/06/2018)

WHEREAS, concerns about usage and disposal of plastic are diverse and include accumulation of waste in landfills, water bodies and in natural habitats, physical problems for wild animals resulting from ingestion or entanglement in plastic, the leaching of chemicals from plastic products and the potential for plastics to transfer chemicals...

Read More

Person with pending serious criminal proceeding cannot be registered as IP

NA (19/06/2018)

Pendency of serious criminal proceeding, as noted above, against the applicant adversely impacts his reputation and makes him not a person fit and proper for registration as an IP. In exercise of the powers conferred on the Board under regulation 8(3)(b) of the Regulations, I, therefore, reject the application for registration as an Insol...

Read More

Discussion Paper- Discharge from Responsibility as IRP, RP or Liquidator

IBBI releases Discussion Paper on Discharge from Responsibility as Interim Resolution Professional, Resolution Professional or Liquidator of the Corporate Processes under the Code for comments...

Read More
Posted Under: Corporate Law |

CCI approves acquisition of Monsanto by Bayer AG U/s. 31(7) of Competition Act, 2002

CCI approves the acquisition of Monsanto by Bayer AG under Section 31(7) of the Competition Act, 2002, subject to modifications/remedies to address the anti-competitive effects resulting from the said acquisition ...

Read More
Posted Under: Corporate Law |

Suggestions invited on draft on Cross-Border Insolvency

Insolvency Section File No. 30/27/2018 (20/06/2018)

The Ministry of Corporate Affairs (MCA), Government of India, invites comments and views from stakeholders on introductory note and draft on Cross-Border Insolvency. The MCA is keen to introduce a globally accepted and well-recognised cross-border insolvency framework, fine-tuned to suit the needs of aspirational Indian economy. The Gover...

Read More

National Guidelines on Economic, Social & Environmental Responsibilities of Business

The National Guidelines on the Economic, Social and Environmental Responsibilities of Business (Guidelines) presented herein are the outcome of a process initiated by the Ministry of Corporate Affairs (MCA) in September 2015. ...

Read More
Posted Under: Corporate Law |

A critical Analysis: Time-limits under Insolvency & Bankruptcy Code, 2016

India until the introduction of the present Insolvency and Bankruptcy Code 2016 had offered a multi-pronged solution to the problem of recovery of debt/revitalizing the failing business. As many as 13 enactments (such as SARFASEI, RDB Act, SICA, Company law etc.) dealing with insolvency and bankruptcy existed and there was no single law i...

Read More
Posted Under: Corporate Law |

Importance and Procedure of Trademark Registration

PROCEDURE FOR TRADEMARK REGISTRATION- 1. To start with, search on the trademark’s department website on http://www.ipindia.gov.in/ as to whether the Trademark you intend to register is already registered or not....

Read More
Posted Under: Corporate Law |

Decoding GDPR by CRIF Highmark

As data, the new oil of the digital era continues to drive the economies around the globe, privacy and protection of data is in the spotlight. On 25 May 2018, The European Union led the pack by enforcing GDPR into full-effect, thereby making a milestone in data protection laws across the European Union (EU).  What […]...

Read More
Posted Under: Corporate Law |
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Corporate Law News

Corporate law deals with the operations and formation of corporations and is related to contract and other commercial law. Corporations are legal entities which are created through the incorporation laws of the state, the corporation is a legal and a distinct person which can sue and can be sued, separate from the stockholders. Until a corporation formally dissolves, it has a perpetual life; the demise of its stockholders or officials does not amend the structure of the corporation. Creation, operation, and their dissolution are governed by several laws such as the Company Law, Insolvency and the Bankruptcy law, Real Estate law, Gratuity Act, Minimum wages Act, Negotiable Instrument Act, Essential Commodities, SRFAESI Act, Competition Act, FDI Regulations etc.

At Taxguru, we provide you the latest corporate law news and corporate law articles. Learn about all the important developments in the corporate laws with our extensive coverage of the latest news on corporate law. Our group of expert law professionals provides a cohesive and comprehensive understanding of all the Indian corporate and other allied laws. At Taxguru, we cover all the aspects of corporate law and all the major laws and regulations as mentioned above. We regularly post blogs and articles on corporate law for the benefit of our viewers. Keep a track of all the significant notifications and updates on corporate law with us. Get to know more on the corporate law here at Taxguru.