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Corporate Law : Cloud computing has revolutionized the way organizations manage, store, and utilize data by providing a flexible, scalable, and co...
Corporate Law : Learn the legal process, tax implications, and benefits of converting an LLP into a Private Limited Company. Step-by-step guide fo...
Corporate Law : Supreme Court advises High Courts to prioritize criminal appeals of elderly accused on bail, especially in old cases, to ensure fa...
Corporate Law : AI and automation are reshaping Indian jobs. Learn about skill gaps, industry impact, and future opportunities in IT, finance, hea...
Corporate Law : The initiation of Corporate Insolvency Resolution Process (CIRP) under Sections 7-10 of the IBC involves different creditors and p...
Corporate Law : CAIT urges the government to block FDI-backed e-commerce firms from controlling inventory, citing threats to 8 crore Kirana MSMEs ...
Corporate Law : The government has no plans to revise the ₹5,000 tax limit for preventive health check-ups. AI-based health initiatives focus on...
Corporate Law : To combat online financial fraud, RBI has launched an AI-based tool, ‘MuleHunter,’ to identify money mules and has advised fin...
Corporate Law : Update on CCI's order regarding WhatsApp and Meta's data sharing. NCLAT's interim stay and government measures to prevent data mis...
Corporate Law : Overview of IBC 2016's impact, amendments, and government's stance on further changes, including flat registration in insolvency c...
Corporate Law : Delhi High Court held that imposition of penalty under section 271DA of the Income Tax Act is justifiable since there is no inordi...
Corporate Law : CCI dismissed allegations of anti-competitive practices in tender for an Olympic-standard pool in Maharashtra. Case highlights ten...
Corporate Law : Supreme Court overturns High Court's order to register ECIR, stating it lacked grounds. Enforcement Directorate to decide on PMLA ...
Corporate Law : Supreme Court addresses IBC appeal delay; Power Infrastructure India vs. Power Finance Corp. NCLAT's strict timeline adherence que...
Corporate Law : Competition Commission of India dismisses allegations of monopoly against Delhi airport operators, citing lack of prima facie evi...
Corporate Law : IBBI disciplinary order highlights contraventions by Mr. Kairav Trivedi in CIRP cases, including non-cooperation, resolution plan ...
Corporate Law : India's Ministry of Cooperation merges audit panels for multi-state co-ops, simplifying auditor appointments for FY 2024-25....
Corporate Law : MSME investment and turnover limits revised. New thresholds apply from April 1, 2025, increasing eligibility for micro, small, and...
Corporate Law : FSSAI waives registration fees for Anganwadi (ICDS) Centers, introduces a new Kind of Business (KoB), and grants five-year registr...
Corporate Law : PFRDA has issued regulations for the Unified Pension Scheme under NPS, applicable to Central Government employees from April 1, 20...
Based on the experience gained, since the last amendment effected in the year 2013, the Authority felt that there is a need to amend the IRDA (Appointed Actuary), Regulations, 2000. The basic framework for appointment of Appointed Actuaries and their duties, functions etc. is prescribed in the aforementioned Regulations.
Core Committee which examined the issues relating to the essentiality of Coronary Stents in its report to the Government in April 2016 observed that there is very high incidence of coronary artery disease (CAD) in India associated with high morbidity and mortality; and that CAD has become a major public health problem; and that Percutaneous Coronary Intervention (PCI) procedure requiring coronary stent implantation is an important treatment modality for the management of CAD, and hence coronary stents are ‘essential’ for public health.
It was found that Indians work for 8.1 hours every day, more than the average figure for the entire developed world and individual countries like the UK, Australia, France, Italy and Germany.
Centre cautions Chief Ministers of vacuum if Real Estate Act timelines not met by April 30, 2017. States also asked to comply with the spirit of the Act of Parliament. Buyers entitled to relief under the Act from May 1st this year. Only four States and 6 UTs notify Real Estate Rules; alleged violations of Act referred to Parliament Committee.
Government’s road and highway building programme has enough cash to build the crucial infrastructure, Road Transport, Highway and Shipping Minister Mr Nitin Gadkari has said.
It is well established that economic freedom and economic performance have very high positive correlation. Countries having high level of economic freedom generally out-perform the countries with not-so-high level of economic freedom.
The IBBI (Insolvency Professionals) Regulations, 2016 allow chartered accountants, company secretaries, cost accountants and Advocates with 10 years’of post-membership experience (practice or employment) or Graduates with 15 years’of post qualification managerial experience to be registered as IPs on passing the Limited Insolvency Examination. For this purpose, the IBBI launched the Limited Insolvency Examination on 31st […]
The insolvency professional agencies (IPAs) are front line regulators for the IPs under the Code. The Insolvency and Bankruptcy Board of India (IBBI) commenced registration of IPAs from 28th November, 2016 in accordance with the regulations. It has registered at the end of the quarter the following three IPAs: Sl. Name of IPA Promoted by […]
IBBI issued five regulations to provide for regulation of service providers and enable implementation of provisions relating to corporate insolvency resolution and liquidation.
The Basic Idea of the proposed Insolvency and Bankruptcy Code, 2016 is that when an enterprise ( Individual, Firm, or Corporate Person) defaults, the control shifts to Committee of Creditors. They have specified time limit to evaluate proposals for resuscitating (rehabilitating) the enterprise or take to liquidation.
