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Corporate Law : The High Court ordered rescheduling of bar elections after authorities failed to implement the Supreme Court’s 30% reservation f...
Corporate Law : Overview of the Constitution (106th Amendment) Act, 2023 covering women’s reservation in Parliament and Assemblies, its scope, t...
Corporate Law : Supreme Court holds safe road passage integral to Article 21 and issues nationwide directions on highway safety, enforcement, and ...
Corporate Law : The resolution plan was approved despite a higher competing offer, as creditors prioritized upfront payment and execution certaint...
Corporate Law : The Court examined misuse of anti-conversion laws through third-party complaints lacking factual basis. It held that such false FI...
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 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 Tribunal held that insolvency proceedings cannot be avoided when total debt is higher than the arbitral claim. It ruled that u...
Corporate Law : The issue involved rejection of a delayed claim in bankruptcy proceedings. The Tribunal held that concealment of material facts by...
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...
Corporate Law : EPFO permits de-linking of wrongly linked Member IDs even when contributions exist, subject to limits. The circular outlines a str...
As I know before COVID-19 outbreaks disaster recovery planning and business continuity planning was only part of curriculum in highly professional courses in India like Chartered Accountancy. Most of industries are not aware about these planning and also not bother themselves to learn about these plans. While studying my CA course I also come to […]
The global macroeconomic outlook for current financial year 2020-21 has been adversely affected by COVID-19 pandemic which has impacted majority of countries in the world across the continents. The pandemic has cast its shadow across various economic activities with massive dislocation in global production, supply chains and trade.
The ESI Contribution for the Month of February, 2020, can be filed and paid upto 15th May, 2020 instead of earlier extended period of 15th April, 2020.
Thus in cases of Section 18 of Limitation Act, liberal approach must be taken while considering the acknowledgment and no hard and fast rule can be applied to ascertain whether statement is acknowledgement or not, it solely depends on the circumstances under which it is made.
FOOD SUPPLIES 1. Whether the food supplies will be available during the period of complete lockdown? Answer: Yes, Ministry of Home Affairs vide order no 40-3/2020-DM-I(A) dated 26.03.2020 has issued directions in reference to the complete lockdown, that supplies of essential commodities such as food supplies, medicines etc. will continue to take place with proper […]
Agreements being the heart and soul of a business, they need to be enforceable documents. The enforceability of such documents are subject to the satisfaction of the provisions under the Indian Stamp Act,1899 read with the Registration Act, 1908.
Let’s first get brief introduction about RERA. What is RERA & to whom it is applicable? RERA stands for Real Estate Regulatory Authority. The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which came into force on 1st May, 2016. Every Indian state has different Real Estate Regulatory Authority. Applicability of RERA: 1st thing […]
Commissioner of Police, Greater Mumbai, prohibiting any person or group of persons from: dissemination of information through various messaging and social media platforms like WhatsApp, Twitter, Facebook, Tiktok, Instagram etc. and found to be incorrect and distorting facts; or
The Querist has sought opinion with respect to the liability of the employers to remunerate its employees in light of situations like the present spread of pandemic namely COVID-19, owing to which the Central Government has declared a lockdown of 21 days starting from 25.03.2020, which eventually has lead to cessation of work or adversely affected the output of the industry/companies.
Force Majeure Evaluation Is your business immune to covid-19 risk implications? Have you rightly invoked the force majeure? Have you correctly identified the events of the force majeure? The background for this evaluation can be understood with the aid of legislation, precedents, recent developments, contract, etc. What’s Force Majeure in Indian law? Force majeure means […]
