Corporate Law

Timelines in Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016

Part II of Insolvency and Bankruptcy Code, 2016 deals with insolvency resolution and liquidation for corporate persons. The actual work will be mostly handled by 'resolution professional' under supervision of NCLT...

Read More

The Interim Insolvency Resolution Professional’s ‘Russian Roulette’

The Insolvency and Bankruptcy Code 2016 (Code), which became law in May 2016, is looked upon by both the business and the professionals with a lot of expectations. It is natural that like many new things, this code too is to settle down and it is one of its kinds. ...

Read More

An easy understanding of Insolvency & Bankruptcy code 2016

The Insolvency and Bankruptcy Code, 2016 (the Code) passed by the Lok Sabha on 5th May 2016 seeks to provide a framework for time-bound settlement of insolvency by formulating a survival mechanism or by ensuring speedy liquidation through a formal insolvency resolution process (IRP)...

Read More

Insolvency and Bankruptcy Code, 2016 -A Critical Analysis

This article makes a critical analysis of Insolvency and Bankruptcy Code, 2016 (IBC in short) by highlighting the key parts of the Code and assess its likely impact on the Indian debt market and what does the new Code contain and how effective will it be in promoting the efficient and timely resolution of insolvent entities?...

Read More

SILENT REVOLUTION – Funding The Unfunded Women Entrepreneurs

For Usha Babu, the only woman auto driver in Ernakulam district of Kerala owning her own auto was a pipe dream. She drove a rented auto rickshaw for the last 12 years, and despite the hard work didn't make enough to buy her own vehicle. And then the Shanmugam branch of Syndicate Bank funded her dream....

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EPFO members can link their UAN with Aadhaar online

EPFO is pleased to introduce a new facility for its esteemed members having Universal Account Number (UAN) and other relevant details to link their respective UAN with Aadhaar online. This, in turn, would facilitate the members, a better and speedy EPFO services....

Read More

CIPAM-DIPP Launches Logo and Tagline Contest for Geographical Indications of India

The Cell for IPR Promotions & Management (CIPAM) under the aegis of the Department of Industrial Policy Promotion (DIPP), Ministry of Commerce and Industry, has launched a logo and tagline/slogan contest for Geographical Indications (GIs) of India on MyGov.in website....

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ICSI Corporate Anti-Bribery Code

ICSI Institute has come up with a well-researched Corporate Anti-Bribery Code. Code would supplement the government's initiative towards building a corruption free New India by 2022....

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PFRDA rolls out Aadhaar based APY Subscription through eNPS platform

PFRDA rolls-out Aadhar Powered Digital on Boarding into APY through eNPS platform for wider reach; Benefits of APY@eNPS include paperless registration; No need to visit Bank Branch & to have Banking Id and 24*7 Online En-rollment at the customer’s convenience. Pension Fund Regulatory and Development Authority (PFRDA) has embarke...

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IBBI invites public comments on two Draft Insolvency rules

IBBI invites public comments on (i) Draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Individuals and Firms) Rules, 2017, and (ii) Draft Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Individuals and Firms) Regulations, 2017 by 31st October, 2017. ...

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SIT is a Public Authority U/s. 2(h) of RTI Act, 2005: CIC

Mr. Venkatesh Nayak Vs CPIO & DCIT (OSD) (Central Information Commission) - Mr. Venkatesh Nayak Vs CPIO & DCIT (OSD) (Central Information Commission) When a Public Authority is largely funded by the Government and performs the duty of bringing back unaccounted money unlawfully kept in bank accounts abroad, it was essentially performing a Public Duty and thus every citiz...

Read More

Palpable lack of communication/ internal co-ordination within Income Tax Settlement Commission: CIC

Chairman, Income Tax Settlement Commission Vs Mr. R K Jain (Central Information Commission) - The Commission however felt that there was palpable lack of communication/ internal co-ordination within the Public Authority that needs to be revisited and strengthened within the Public Authority itself....

Read More

Designation of Senior Advocates by SC & all HCs– Recent SC guidelines

Indira Jaising Vs. Supreme Court Of India Through Secretary General And Ors. (Supreme Court) - We are referring to Writ Petition 454 of 2015 of Indira Jaising. Vs others which resulted in the famous judgement of Supreme Court on the system of designation of senior advocates in Supreme Court and in other High Courts. One can easily read the judgement as under:...

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Whether dispute raised by OC is bar for acceptance of petition under IBC

Anil Steels V. A.D. Electro Steel Co. (P.) Ltd (NCLT Kolkata Bench) - Whether Corporate Debtor can bar the NCLT to accept the petition of Operational Creditor by raising a dispute on the Demand Notice...

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Whether Insolvency Proceedings can be initiated against Guarantor

IDBI Bank Ltd. V. BCC Estate (P.) Ltd (NCLT Ahmedabad) - Whether Creditor can file application against Corporate Guarantor in case of default by Principle Debtor and petition against principle debtor has already been admitted under the Insolvency & Bankruptcy Code, 2016....

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Changes in Revised Application Form for Certificate of Coverage in respect of Indian Worker

File No.IWU/7(31) /Application for COC - (13/10/2017) - A few minor changes have since been made in the revised single application form to include the details of family members accompanying the employee abroad and the business activity (Industry, Trade Services) of his/her present employer in India to be incorporated if required ....

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MCA amends notification No. S.O. 1693 (E) dated 3rd October, 2007

Notification No. S.O. 3297(E) - (12/10/2017) - In exercise of the powers conferred by section 29A of the Cost and Works Accountants Act, 1959 (23 of 1959), the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Corporate Affairs, vide number S.O. 1693 (E) dated the 3r...

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Aadhaar mandatory for Scheme for Promoting Usage of Agrotextiles in North East Region

Notification No. S.O. 3296(E) - (05/10/2017) - Ministry through the Implementing Agencies, releases central share of subsidy as well as provides ready-made agrotextile kits (hereinafter referred to as the benefits), to the Agrotextile farmers (hereinafter referred to as the beneficiaries);...

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Aadhaar mandatory for Marine Products Export Development Scheme

Notification No. S.O. 3290(E) - (11/10/2017) - And whereas, the Grants-in-Aid given to the Marine Products Export Development Authority (hereinafter referred to as the Implementing Agency) under the Scheme, inter-alia, is used for giving trainings, subsidies and awareness programs (hereinafter referred to as the benefits) to the Fishers, Aquacul...

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Problem faced by Nepalese pensioners in private sector

No. Pension. 1/275/Nepali Pension 2015/11531 - (12/10/2017) - Procedure to be adopted by Indian Banks who have branches in Nepal for submission of life certificates of Nepalese pensioners. The Bank Managers or authorized officials of Nepal SBI Bank Limited (NSBL)/Everest Bank Limited (EBL) located in Nepal may certify the physical copy of the Life certificate ...

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Recent Posts in "Corporate Law"

Timelines in Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016

Part II of Insolvency and Bankruptcy Code, 2016 deals with insolvency resolution and liquidation for corporate persons. The actual work will be mostly handled by 'resolution professional' under supervision of NCLT...

Read More
Posted Under: Corporate Law |

SIT is a Public Authority U/s. 2(h) of RTI Act, 2005: CIC

Mr. Venkatesh Nayak Vs CPIO & DCIT (OSD) (Central Information Commission)

Mr. Venkatesh Nayak Vs CPIO & DCIT (OSD) (Central Information Commission) When a Public Authority is largely funded by the Government and performs the duty of bringing back unaccounted money unlawfully kept in bank accounts abroad, it was essentially performing a Public Duty and thus every citizen has every right to know about certain...

Read More

The Interim Insolvency Resolution Professional’s ‘Russian Roulette’

The Insolvency and Bankruptcy Code 2016 (Code), which became law in May 2016, is looked upon by both the business and the professionals with a lot of expectations. It is natural that like many new things, this code too is to settle down and it is one of its kinds. ...

Read More
Posted Under: Corporate Law |

Palpable lack of communication/ internal co-ordination within Income Tax Settlement Commission: CIC

Chairman, Income Tax Settlement Commission Vs Mr. R K Jain (Central Information Commission)

The Commission however felt that there was palpable lack of communication/ internal co-ordination within the Public Authority that needs to be revisited and strengthened within the Public Authority itself....

Read More

An easy understanding of Insolvency & Bankruptcy code 2016

The Insolvency and Bankruptcy Code, 2016 (the Code) passed by the Lok Sabha on 5th May 2016 seeks to provide a framework for time-bound settlement of insolvency by formulating a survival mechanism or by ensuring speedy liquidation through a formal insolvency resolution process (IRP)...

Read More
Posted Under: Corporate Law |

EPFO members can link their UAN with Aadhaar online

EPFO is pleased to introduce a new facility for its esteemed members having Universal Account Number (UAN) and other relevant details to link their respective UAN with Aadhaar online. This, in turn, would facilitate the members, a better and speedy EPFO services....

Read More
Posted Under: Corporate Law |

CIPAM-DIPP Launches Logo and Tagline Contest for Geographical Indications of India

The Cell for IPR Promotions & Management (CIPAM) under the aegis of the Department of Industrial Policy Promotion (DIPP), Ministry of Commerce and Industry, has launched a logo and tagline/slogan contest for Geographical Indications (GIs) of India on MyGov.in website....

Read More
Posted Under: Corporate Law |

Insolvency and Bankruptcy Code, 2016 -A Critical Analysis

This article makes a critical analysis of Insolvency and Bankruptcy Code, 2016 (IBC in short) by highlighting the key parts of the Code and assess its likely impact on the Indian debt market and what does the new Code contain and how effective will it be in promoting the efficient and timely resolution of insolvent entities?...

Read More
Posted Under: Corporate Law |

Changes in Revised Application Form for Certificate of Coverage in respect of Indian Worker

File No.IWU/7(31) /Application for COC (13/10/2017)

A few minor changes have since been made in the revised single application form to include the details of family members accompanying the employee abroad and the business activity (Industry, Trade Services) of his/her present employer in India to be incorporated if required ....

Read More

Designation of Senior Advocates by SC & all HCs– Recent SC guidelines

Indira Jaising Vs. Supreme Court Of India Through Secretary General And Ors. (Supreme Court)

We are referring to Writ Petition 454 of 2015 of Indira Jaising. Vs others which resulted in the famous judgement of Supreme Court on the system of designation of senior advocates in Supreme Court and in other High Courts. One can easily read the judgement as under:...

Read More
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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.