Corporate Law

One Nation One Housing Policy – Collaterals Vs Guarantees Vs Margin Vs Interest Rates

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...

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Clarification on voting rights of Resolution Applicant who is also a financial creditor

Clarification 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...

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How Small Businesses Work with PEOs to Reduce their Business Costs

What 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...

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What happens when employee leaves the organization?

In 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....

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NFRA Annual Return

Background 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...

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Verify Aadhaar before accepting it as a proof of identity: UIDAI

Before accepting an Aadhaar either in physical or electronic form for establishing identity of an individual, entities should verify the Aadhaar....

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Insuring India by 2047 – New landscape for Insurance Sector

IRDAI 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....

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Draft IRDAI (Re-insurance) (First Amendment) Regulations, 2022

Every 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%....

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Startup India launches Startup applications for MAARG Portal

The 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...

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Draft IRDAI (Expenses of Management of Insurers Transacting Health & General Insurance Business) Regulations, 2022

Salient 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...

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Mere marriage certificate of Arya Samaj is not proof of valid marriage

Ashish 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....

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HC stays penalty imposed on IRP for alleged negligence

Sunil 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 ...

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Appellant cannot demand his own TDS record available with him under RTI

Shivi 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...

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HC Cannot Exercise Power of Remission Itself : SC

State 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....

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Advocate of accused cannot be permitted to be present in course of his entire interrogation under PMLA

Enforcement 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...

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NIC Code for Drone/ Biomass pellet manufacturing, Portable Petrol Pump/Service Stations

F. 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...

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Clarification with respect to NDS-OM – Investments – Master Circular

Ref. 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....

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Legal Metrology (Packaged Commodities) (Amendment) Rules, 2022

Notification 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....

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Draft Food Safety and Standards (Labelling & Display) Amendment Regulations, 2022

F. 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....

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e-NPS Govt offers ease & convenience in account opening for NPS Subscribers

Circular 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....

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Recent Posts in "Corporate Law"

Mere marriage certificate of Arya Samaj is not proof of valid marriage

Ashish 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 More

NIC Code for Drone/ Biomass pellet manufacturing, Portable Petrol Pump/Service Stations

F. 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 More

One Nation One Housing Policy – Collaterals Vs Guarantees Vs Margin Vs Interest Rates

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 More
Posted Under: Corporate Law |

HC stays penalty imposed on IRP for alleged negligence

Sunil 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 conduct of the petitioner or that there ...

Read More

Clarification on voting rights of Resolution Applicant who is also a financial creditor

Clarification 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 More
Posted Under: Corporate Law |

Appellant cannot demand his own TDS record available with him under RTI

Shivi 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 period. In response to it, the CPIO submitt...

Read More

Clarification with respect to NDS-OM – Investments – Master Circular

Ref. 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 More

HC Cannot Exercise Power of Remission Itself : SC

State 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 More

Advocate of accused cannot be permitted to be present in course of his entire interrogation under PMLA

Enforcement 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 right of a citizen […]...

Read More

Supreme Court judgement has to be dealt by High Court with due respect: SC

Ramachandra Barathi @ Sathish Sharma V.K. & Ors. Vs State of Telangana (Supreme Court of India)

Supreme Court held that when the High Court deals with judgments of this Court, which are binding on everyone under Article 141 of the Constitution of India, it is expected that the judgments have to be dealt with due respect....

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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.