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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 : 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 : The court interpreted the scope of Section 91 CrPC in summoning documents. It ruled that parties cannot demand documents as a matt...
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...
OFFENCES AND PENALTIES FOR VIOLATION OF LOCKDOWN MEASURE A. SECTION 51 TO 60 OF THE DISASTER MANAGEMENT ACT, 2005 51. Punishment for obstruction, etc.—Whoever, without reasonable cause (a) obstructs any officer or employee of the Central Government or the State Government, or a person authorised by the National Authority or State Authority or District Authority […]
Pradhan Mantri Garib Kalyan Package: Insurance Scheme for Health Workers Fighting COVID-19 FAQs Q 1. What does this Scheme cover? Ans: This accident insurance scheme covers; Loss of life due to COVID19, and Accidental death on account of COVID-19 related duty. Q.2 What is the definition of Accident? Ans: An accident is sudden, unforeseen and involuntary […]
Current Senario The world is facing an unprecedented situation of lockdown which was previously seen in Hollywood movies wherein everything had doomed and one Hollywood Hero would act as a saviour for the whole world. USA used to take charge of such kind of situations and had all the abilities and the tricks to take […]
This acquisition was the world’s biggest e-commerce deal which has impacted the whole segment of retail marketing. Although there were certain issues which was faced by Flipkart & Walmart during this Acquisition deal.
Judgements of various NCLT Benches have had conflicting views on whether a Sole Proprietorship can apply to the Adjudicating Authority under the Code for initiating Insolvency Resolution Process of a Corporate Debtor for the outstanding debt which is due and payable.
With the outbreak of COVID-19 across and continuously growing in India, which forced the Indian Government to announce a ‘Lockdown’ for 21 days starting from 00:00 Hours of March 25, 2020. This Lockdown will definitely disrupt the businesses activities of all sectors as the Nation comes to pause. By understanding the disruption of the business […]
Considering the coronavirus outbreak condition Central Government on 24th March, 2020 via Ministry of Corporate Affair notification S.O. 1205 (E) in exercising its power conferred under proviso to Section 4 of Insolvency Bankruptcy Code, 2016 (31 of 2016) enhanced the minimum default threshold from INR One Lakh to INR One Crore.
Wages & Salary 1. Whether employers can reduce the salaries or bonus of the employees for the lockdown period of COVID-19 due to effect on the turnover of the organization? Answer: The Ministry of Home Affairs vide Order no. 40-3/2020 DM-I(A) dated 29.03.2020 has directed all the employers, be it in the industry or in […]
COVID – 19- TRADE FRIENDLY INITIATIVES BY CBIC 1. 24*7Custorris Clearances of Goods to avoid any supply disruptions 2. Custom formations ore working for clearance of both import & export cargo. Assessment, examination and ancillary work such as bond acceptance, warehousing, port clearance, amendment to documents is happening smoothly. 3. Dedicated Novel Corona Virus helpdesk for […]
1. All person will be moving for whatsover purpose and under whatever reason authority in public place, like street, hospital, office, markets must be wearing 3 ply mask or cloth mask compulsorily. 2. Any person who is moving around in his personal and official vehicle must be wearing these masks compusarily.
