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Corporate Law : The Court examined whether prior orders and perceived bias justified recusal and held they did not. It ruled that unsubstantiated ...
Corporate Law : The paper examines whether recent labour law reforms deliver real gender equality or merely formal compliance. It concludes that d...
Corporate Law : Explains that outsourcing does not transfer legal responsibility under the DPDP Act. Data fiduciaries remain fully liable for vend...
Corporate Law : The issue highlights mandatory annual return filing for LLPs. The key takeaway is that delayed filing attracts heavy daily penalti...
Corporate Law : The issue explains how businesses qualify as local suppliers under procurement rules. The key takeaway is that proper local conten...
Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....
Corporate Law : The proposal focuses on enabling creditors to initiate resolution while retaining debtor management under supervision. It sets out...
Corporate Law : The amendments arise from the inclusion of a unified “service provider” definition under the Code. The move expands regulatory...
Corporate Law : The issue addressed is ambiguity in authentication and evidentiary value of financial information in insolvency cases. The propose...
Corporate Law : The proposal aligns grievance regulations with the newly introduced definition under the amended Code. It aims to ensure uniform a...
Corporate Law : The court directed payment for restoration costs after authorities admitted using private land. It held that such use affecting la...
Corporate Law : Allegations of an implied anti-competitive agreement between a regulator and a software provider were rejected. The Commission fou...
Corporate Law : The Court held that repeated dishonour of cheque and non-payment after notice established a prima facie case. It refused to quash ...
Corporate Law : Bank of India Vs Neurostar Hospital Private Limited (NCLT Mumbai) The application was filed under Section 7 of the Insolvency and ...
Corporate Law : The Tribunal held that appeals filed beyond the statutory 45-day limit cannot be entertained. It ruled that delay exceeding the co...
Corporate Law : The authority held that confusion arising from interim orders did not absolve the professional from taking proactive steps. The ca...
Corporate Law : IRDAI delegates Section 34 powers between Whole Time Members and Chairperson. The move aims to streamline enforcement actions and ...
Corporate Law : The Bill mandates seat allocation using updated census figures, replacing decades-old data. It ensures fair representation aligned...
Corporate Law : The notification addressed mandatory reinsurance cession for general insurance policies. It mandates 4% cession to GIC Re, ensurin...
Corporate Law : The government approved a major fund to enhance startup funding through AIFs. The scheme aims to strengthen innovation, especially...
WHAT IS A STARTUP ? Startup refers to the new business ideas that intend to grow large beyond the solo founder. Startups are becoming very popular in India. Startups are being highly encouraged by the Government of India. On January 16, 2016 the Government of India launched the Startup India Initiative. Startups has Innovative Business model with […]
M/s Fincast Founders and Engineers Pvt. Ltd. Vs Shri Rajat Mukherjee (NCLAT Ahemdabad) 1) The instant application is filed under section 60 (5) of the IB Code r.w. Rule 11 of the NCLT Rules, 2016 seeking appropriate direction in Resolution Plan dated 25.05.2019, with following prayer: a. to enable the applicant to comply with the […]
CONSUMER PROTECTION ACT Consumer Protection Act, 1986 Act 1986 ➢ provided for a three-tier consumer dispute redressal machinery at the National (NCDRC), State ( State Commissions) and District levels ( District Fora) SALIENT FEATURES OF Consumer Protection Act, 2019 Consumer Protection Councils Central Consumer Protection Authority (CCPA) Simplified Dispute Resolution Process Mediation Product Liability Rules […]
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref: IRDAI/HLT/REG/CIR/193/07/2020 22nd July, 2020 All Insurers (excluding specialized insurers) and TPAs, wherever applicable Sub: Master Circular on Standardization of Health Insurance Products 1. Objective: 1.1 The extant IRDAI (Health Insurance) Regulations 2016 were notified on 18th July, 2016 superseding IRDA (Health Insurance) Regulations 2013. 1.2 The Guidelines […]
Insurance Regulatory and Development Authority of India Ref: IRDAI/HLT/REG/CIR/194/07/2020 22nd July, 2020 All Insurers (excluding specialized insurers) and TPAs, wherever applicable Sub: Consolidated Guidelines on Product filing in Health Insurance Business 1. Objective: 1.1 The extant IRDAI (Health Insurance) Regulations 2016 were notified on 18th July, 2016 superseding IRDA (Health Insurance) Regulations 2013. 1.2 The […]
The New Consumer Protection Act, 2019 The Union Minister for Consumer Affairs, Food & Public Distribution Mr. Ram Vilas Paswan, on July 20th, 2020 introduced the amended Consumer Protection Act, 2019 with the idea of empowering consumers and helping them protect their rights in a better way. The Consumer Protection Act, 2019, brought in the […]
Pre-pack insolvency means a pre-planning between the creditor and the purchaser prior to the insolvency proceedings wherein they negotiate on the terms of sale of assets and other requirements before applying to the courts/ tribunals for insolvency proceeding.
The Ministry of Micro, Small and Medium Enterprises (‘MSME’), vide notification dated 26.06.2020, declared the new process of classification and registration of enterprises as MSME. This Notification comes into effect from 01.07.2020. All the existing registered enterprises are required to register again on “Udyam Portal”as per new classification. Further the registration process on the portal […]
IBBI held that addition to the issue related to valid educational qualification, it is to point out that the applicant does not possess the mandatory experience of 5 years after obtaining the requisite educational qualification. On this ground too, the application does not survive. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (Authority specified by the Central […]
Approval of Rapid Analytical Food testing Kit, Equipment or Method- Food Authority may approve Rapid Analytical Food testing Kit, Equipment or Method for the purpose of testing of Food.
