Corporate Law

Lifting of Corporate Veil

From the juristic point of view, a company is a legal person distinct from its members [Salomon v. Salomon and Co. Ltd. (1897) A.C 22]. This principle may be referred to as the Veil of incorporation. The courts in general consider themselves bound by this principle. The effect of this Principle is that there is a fictional veil between th...

Read More

#METOO Sexual Harassment of Women at Workplace “Think about your actions, they do have consequences”

As per the survey* conducted by the Indian National Bar Association in 2017, over 38% women claimed to have faced sexual harassment at workplace while 50.7% said that they had been targets of harassment online. A total of 1971 cases of Sexual harassment at workplace were registered in four years i.e. since the enactment of […]...

Read More

Is the ‘Clown Prince’ out-clowning himself: Arun Jaitley

Many young Lawyers practising criminal law used to get an advice early in their career from Veterans in the field. They were told if you are strong on facts, bang the facts. If you are strong on law, bang the law. If you are weak on both, then bang the desk....

Read More

Basic Understanding Of NCLT & NCLAT For Students

Everyone knows High Court and Supreme Court but few People like CA/CS/Lawyers know NCLT & NCLAT. Lets through light on this topic in very simple language for better understanding of student and Public at Large. Introduction: – NCLT, National Company Law Tribunal is a quasi-judicial body to regulate and resolve Civil Corporate di...

Read More

Prefer an Independent ‘Agreement of Arbitration’

Whether incorporating the ‘Arbitration Clause’ in any ‘Contract Agreement’ is commendable? OR, the Independent ‘Agreement of Arbitration’ is better?...

Read More

Not a single mobile phone faces disconnect threat, says DoT

DOT and UIDAI in a joint statement today clarified that a few news reports in the media which state that 50 Crore mobile numbers, almost half of the total mobiles in circulation, are at the risk of disconnection, are completely untrue and imaginary. ...

Read More

60% denials were in violation of the RTI Act: Study

The assessment found that there is a growing tendency among adjudicators to exempt information from disclosure citing grounds which are not provided for in the RTI Act. From among the appeals where part or full information was denied, more than 60% denials were in violation of the RTI Act, i.e. the IC denied information on grounds which a...

Read More

Structural Reforms in taxation & bankruptcy helping Indian Economy

Structural Reforms in areas like taxation and bankruptcy are helping the Indian economy in building its resilience to global shocks and maintain a robust growth rate despite challenges...

Read More

GI Tag for Alphonso from Konkan 

Alphonso from Ratnagiri, Sindhudurg, Palghar, Thane and Raigad districts of  Maharashtra, is registered as Geographical Indication (GI).  A Geographical Indication or a GI is an indication used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. Such a name conveys an ...

Read More

Incorporation of LLP through a complete online system made a reality 

Today, one can start business by incorporating a company through an on-line process without visiting any Government office. This was achieved in January, 2016 by establishing Central Registry Centre (CRC) for on-line incorporation of the company and reserving its unique name. ...

Read More

Co-Op HSG Society cannot charge Transfer fees in excess of permissible fees as donation

Alankar Sahkari Griha Rachana Sanstha Vs Atul Mahadev Bhagat & Anr (Bombay High Court) - Alankar Sahkari Griha Rachana Sanstha Vs Atul Mahadev Bhagat & Anr (Bombay High Court) When the persons come together with common object of housing, after formation of a Cooperative Society, they are governed under rules and bye-laws of Maharashtra Cooperative Societies Act. So far as the member...

Read More

Limitation Act applicable to applications filed U/s. 7 & 9 of IBC since its Inception: SC

B.K. Educational Services Private Limited Vs Parag Gupta And Associates (Supreme Court of India) - It is thus clear that since the Limitation Act is applicable to applications filed under Sections 7 and 9 of the Code from the inception of the Code, Article 137 of the Limitation Act gets attracted....

Read More

Income Tax Survey Information cannot be denied under RTI without communicating reasons for such rejection

Mr. Champa Lal Soni Vs. CPIO & ITO (Central Information Commission) - On being queried, if there existed any specific provision regarding non-disclosure of survey related information to the concerned Assessee, he cited the provision of the Finance Bill, 2017....

Read More

270 Days Time Limit to Complete Insolvency Resolution Process Mandatory: SC

Arcelormittal India Private Limited Vs Satish Kumar Gupta & Ors. (Supreme Court of India) - Arcelormittal India Private Limited Vs Satish Kumar Gupta & Ors. (Supreme Court of India)  Any person who wishes to submit a resolution plan, if he or it does so acting jointly, or in concert with other persons, which person or other persons happen to either manage or control or be promoters of...

Read More

Insolvency & Bankruptcy Code-Home buyers: Most outstanding judgement – reduction of voting share

Nikhil Mehta & Sons (HUF) & Ors vs M/s AMR Infrastructure Ltd (NCLT, New Delhi) - In a memorable and consequential judgement, in the matter of Nikhil Mehta & Sons (HUF)&Or’s vs M/s AMR Infrastructure Ltd (CA No. 811(PB/2018 in IB-02(pb)/2017, it has been upheld that the voting threshold in the IBC are merely directory in nature and that preference can be taken to decisi...

Read More

Valuation under Insolvency and Bankruptcy Code, 2016

Notification No. IBBI/RV/019/2018 - (17/10/2018) - It is hereby directed that with effect from 1st February, 2019, no insolvency professional shall appoint a person other than a registered valuer to conduct any valuation under the Code or any of the regulations made thereunder....

Read More

IBBI Committee instructs IP to undergo pre-registration educational course

Order No. No. IBBI/DC/10/2018 - (15/10/2018) - Mr. Gupta to undergo the pre-registration educational course specified under regulation 5(b) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 from his Insolvency Professional Agency to improve his understanding of the Code and the regulations made thereund...

Read More

IBBI amends 3 Insolvency Regulations

Press Release No. IBBI/PR/2018/29 - (11/10/2018) - IBBI amends (a) the Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations, 2016, (b) the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016, and (c) the Insolvency and Bankruptcy Board ...

Read More

Salient amendments in IBBI (Insolvency Professionals) Regulations, 2016

Press Release No. IBBI/PR/2018/30 - (11/10/2018) - a. An insolvency professional shall pay to the Board, a fee calculated at the rate of 0.25 percent of the professional fee earned for the services rendered by him as an insolvency professional in the preceding financial year, on or before the 30thof April every year;...

Read More

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2018

Notification No. IBBI/2018-19/GN/REG35. - (11/10/2018) - Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2018....

Read More

Browse All Categories

CA, CS, CMA (3,862)
Company Law (4,053)
Custom Duty (7,071)
DGFT (3,759)
Excise Duty (4,159)
Fema / RBI (3,527)
Finance (3,731)
Income Tax (28,066)
SEBI (2,948)
Service Tax (3,402)

Recent Posts in "Corporate Law"

Co-Op HSG Society cannot charge Transfer fees in excess of permissible fees as donation

Alankar Sahkari Griha Rachana Sanstha Vs Atul Mahadev Bhagat & Anr (Bombay High Court)

Alankar Sahkari Griha Rachana Sanstha Vs Atul Mahadev Bhagat & Anr (Bombay High Court) When the persons come together with common object of housing, after formation of a Cooperative Society, they are governed under rules and bye-laws of Maharashtra Cooperative Societies Act. So far as the members are concerned, the Cooperative Housing...

Read More

Lifting of Corporate Veil

From the juristic point of view, a company is a legal person distinct from its members [Salomon v. Salomon and Co. Ltd. (1897) A.C 22]. This principle may be referred to as the Veil of incorporation. The courts in general consider themselves bound by this principle. The effect of this Principle is that there is a fictional veil between th...

Read More
Posted Under: Corporate Law |

#METOO Sexual Harassment of Women at Workplace “Think about your actions, they do have consequences”

As per the survey* conducted by the Indian National Bar Association in 2017, over 38% women claimed to have faced sexual harassment at workplace while 50.7% said that they had been targets of harassment online. A total of 1971 cases of Sexual harassment at workplace were registered in four years i.e. since the enactment of […]...

Read More
Posted Under: Corporate Law |

Not a single mobile phone faces disconnect threat, says DoT

DOT and UIDAI in a joint statement today clarified that a few news reports in the media which state that 50 Crore mobile numbers, almost half of the total mobiles in circulation, are at the risk of disconnection, are completely untrue and imaginary. ...

Read More
Posted Under: Corporate Law |

60% denials were in violation of the RTI Act: Study

The assessment found that there is a growing tendency among adjudicators to exempt information from disclosure citing grounds which are not provided for in the RTI Act. From among the appeals where part or full information was denied, more than 60% denials were in violation of the RTI Act, i.e. the IC denied information on grounds which a...

Read More
Posted Under: Corporate Law |

Is the ‘Clown Prince’ out-clowning himself: Arun Jaitley

Many young Lawyers practising criminal law used to get an advice early in their career from Veterans in the field. They were told if you are strong on facts, bang the facts. If you are strong on law, bang the law. If you are weak on both, then bang the desk....

Read More
Posted Under: Corporate Law |

Valuation under Insolvency and Bankruptcy Code, 2016

Notification No. IBBI/RV/019/2018 (17/10/2018)

It is hereby directed that with effect from 1st February, 2019, no insolvency professional shall appoint a person other than a registered valuer to conduct any valuation under the Code or any of the regulations made thereunder....

Read More

Basic Understanding Of NCLT & NCLAT For Students

Everyone knows High Court and Supreme Court but few People like CA/CS/Lawyers know NCLT & NCLAT. Lets through light on this topic in very simple language for better understanding of student and Public at Large. Introduction: – NCLT, National Company Law Tribunal is a quasi-judicial body to regulate and resolve Civil Corporate di...

Read More
Posted Under: Corporate Law |

Prefer an Independent ‘Agreement of Arbitration’

Whether incorporating the ‘Arbitration Clause’ in any ‘Contract Agreement’ is commendable? OR, the Independent ‘Agreement of Arbitration’ is better?...

Read More
Posted Under: Corporate Law |

IBBI Committee instructs IP to undergo pre-registration educational course

Order No. No. IBBI/DC/10/2018 (15/10/2018)

Mr. Gupta to undergo the pre-registration educational course specified under regulation 5(b) of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 from his Insolvency Professional Agency to improve his understanding of the Code and the regulations made thereunder, before accepting any assignment unde...

Read More

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.

Featured Posts