One of the important steps to be taken by Reserve Bank and Public Debt, Public Expenditure and Public Revenue (Taxation) is to revamp the collateral valuations and all the collaterals given in the Banking system. This article is intended to help World Bank, IMF, Asian Development Bank, European, American and other Central Banks, Reserve B...
Read MoreClarification on voting rights of the Resolution Applicant in the meeting of Committee of Creditors (Coc) if such Resolution Applicant is also a financial creditor We would like to draw attention to the following provision of Insolvency and Bankruptcy Code (IBC) 2016 which may be misused by Resolution Applicants during Corporate Insolven...
Read MoreWhat are PEO Services in India? A Professional Employer Organization (PEO) is a company that enters into a joint-employment relationship with another company by leasing employees to the company, allowing the Professional Employer Organization to share and manage many employee-related responsibilities and liabilities. Employers can outsou...
Read MoreIn IT sector, in these days a huge turnover of workforce has been seen. Some IT companies are removing employees or some employees are leaving the organization. IT Companies for example Twitter, facebook has fired its workforce. Also, many of its remaining employees have resigned the organization....
Read MoreBackground Certain Companies and other entities as prescribed entities are governed by NFRA under Section 132 of the Companies Act,2013, read with NFRA Rules, 2018. NFRA Annual Compliance by Auditor Auditor is required to file form NFRA-2 annually before 30 November governed by NFRA Authority. Rule 3(1) of NFRA Rules specifies the class o...
Read MoreBefore accepting an Aadhaar either in physical or electronic form for establishing identity of an individual, entities should verify the Aadhaar....
Read MoreIRDAI has committed to enable ‘Insurance for All’ by 2047, where every citizen has an appropriate life, health and property insurance cover and every enterprise is supported by appropriate insurance solutions and also to make Indian insurance sector globally attractive....
Read MoreEvery Indian Re-insurer including Foreign Re-insurance Branches (FRBs) shall maintain a minimum retention within India of 50% of Indian reinsurance business underwritten. Any retrocession to an IIO up to 20% of Indian reinsurance business underwritten shall be reckoned towards the required minimum retention of 50%....
Read MoreThe Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has launched a call for startup applications for registration on the MAARG portal, the National Mentorship Platform by Startup India. To further boost the Indian startup ecosystem, currently ranked 3rd largest globally, Startu...
Read MoreSalient features of the Draft IRDAI (Expenses of Management of Insurers Transacting Health & General Insurance Business) Regulations, 2022 are as under - Regulations supersede the IRDAI (Expenses of Management of Insurers transacting General or Health Insurance business) Regulations, 2016...
Read MoreAshish Morya Vs Anamika Dhiman (Allahabad High Court) - Allahabad High Court held that in absence of a valid marriage, marriage certificate of Arya Samaj is not proof of a valid marriage. Accordingly, mere getting a marriage certificate from Arya Samaj is not proof of a valid marriage....
Read MoreSunil kumar Agarwal S/O. Kishan Lal Agarwal Vs IBBI (Gujarat High Court) - It was C.O.C which has not taken efficient measures to complete the C.I.R.P of the Corporate Debtor Company. Even in the summary findings where the order of the adjudicating authority is quoted, it is made out that it was not the case that the C.O.C had raised any dissatisfaction with regard to the ...
Read MoreShivi Mohan Rastogi Vs CPIO (CIC Delhi) - Shivi Mohan Rastogi Vs CPIO (CIC Delhi) Central Information Commission (CIC) upon a perusal of records and after hearing submissions of both the parties remarked at the outset that the core premise raised by the Appellant was non-receipt of certified copies of his TDS documents for the averred per...
Read MoreState of Haryana & Ors. Vs Daya Nand (Supreme Court of India) - We are in agreement with the submission of learned counsel for the petitioner in this behalf that it was not within the domain of judicial review for the learned judge to have himself exercised the power of remission....
Read MoreEnforcement Directorate Vs Arijit Chakrabarti (Calcutta HC) - Enforcement Directorate Vs Arijit Chakrabarti (Calcutta High Court) Section 41D of the Code of Criminal Procedure was inserted in the statute by Amending Act 5 of 2009 with effect from 1st November, 2010. The purpose and object of introduction of Section 41D of the Cr. P. C. is to ensure fundamental...
Read MoreF. No. 5/2(10)/2022/E-P&G/Policy - (18/11/2022) - Inclusion of Drone Manufacturing, Portable Petrol Pump/ Portable Service Stations, Biomass pellet manufacturing, etc. under the NIC codes...
Read MoreRef. No. IRDAI/F&I/CIR/INV/233/12/2022 - (01/12/2022) - IRDAI clarified that All trades reported on NDS-OM platform shall be treated as compliance with the requirements of Para 4.11.3 of the Master Circular....
Read MoreNotification No. G.S.R. 859(E). - (30/11/2022) - These rules may be called the Legal Metrology (Packaged Commodities) (Amendment) Rules, 2022. They shall come into force on the date of their publication in the Official Gazette....
Read MoreF. No. STD/SP-08/A1.2022/N-01. - (30/11/2022) - Draft Regulations - These regulations may be called the Food Safety and Standards (Labelling & Display) Amendment Regulations, 2022....
Read MoreCircular No. PFRDA/2022/37/SUP-CRA/13 - (30/11/2022) - e-NPS Govt provides the opportunity for the employees of Government Sector and empowers them to open NPS Acct with ease and lot of convenience in a paperless mode....
Read MoreAshish Morya Vs Anamika Dhiman (Allahabad High Court) -
F. No. 5/2(10)/2022/E-P&G/Policy - 18/11/2022
Sunil kumar Agarwal S/O. Kishan Lal Agarwal Vs IBBI (Gujarat High Court) -
Shivi Mohan Rastogi Vs CPIO (CIC Delhi) -
Ref. No. IRDAI/F&I/CIR/INV/233/12/2022 - 01/12/2022
State of Haryana & Ors. Vs Daya Nand (Supreme Court of India) -
Enforcement Directorate Vs Arijit Chakrabarti (Calcutta HC) -
Ramachandra Barathi @ Sathish Sharma V.K. & Ors. Vs State of Telangana (Supreme Court of India) -