Read all latest corporate law news, articles, notifications & circular on Taxguru.in. News on laws related to DIPP Labour Minimum Wages Gratuity PF Arbitration Negotiable instrument Essential Commodities SRFAESI Competition Act Corporate Law
Corporate Law : MP HC urges immediate implementation of Uniform Civil Code in X vs State of Madhya Pradesh, stressing its necessity beyond mere le...
Corporate Law : Bombay HC rules mere association with Dawood Ibrahim doesn't qualify as terror gang membership under UAPA. Key insights from Parve...
Corporate Law : Discover how institutional investor rules affect local corporate governance in India, the USA, and the UK, and their overall impac...
Corporate Law : सुप्रीम कोर्ट ने यह सुनिश्चित करने के लिए कि अधिव...
Corporate Law : Tripura High Court issues comprehensive guidelines to ensure effective investigation of missing persons cases, aiming for swift an...
Corporate Law : The CBICs NTRS 2024 report shows significant reductions in cargo release times at major ports, enhancing efficiency in imports and...
Corporate Law : Critical issue: Windows hosts crashing with BSOD after CrowdStrike Falcon Sensor update. Learn how to fix and prevent further outa...
Corporate Law : Explore India G20 Task Force report on Digital Public Infrastructure (DPI), defining global strategies for economic transformation...
Corporate Law : India to observe 'Samvidhaan Hatya Diwas' on 25th June yearly, honoring those who fought against the 1975 Emergency's tyranny. Lea...
Corporate Law : Read about the Directorate of Enforcement's (ED) search operations under PMLA at 14 locations in Haryana and Punjab, uncovering ca...
Corporate Law : Read the full text of the Bombay High Court judgment ordering Rs. 10 lakh compensation for harassment of a Chinese woman by Custom...
Corporate Law : NCLAT Delhi ruled that financial creditors who are allottees under RERA must meet the threshold criteria to file a Section 7 appli...
Corporate Law : Read the full text of the NCLAT judgment/order in A. Vijayan & Ors. vs Silver Line Retreat Hotels Pvt. Ltd. Understand why the tri...
Corporate Law : Submission of Appellant that since guarantee has not been invoked there is no debt cannot be accepted. Guarantee continues to bind...
Corporate Law : NCLT case of Indian Bank vs. Nimitya Hotel & Resorts Pvt. Ltd., where court deliberates on CoC's freedom to decide on settlement p...
Corporate Law : Latest updates to the Prevention of Money-laundering Rules, 2024, focusing on KYC processes, client verification, and record maint...
Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...
Corporate Law : Explore India Post's new operational guidelines for bulk customers of registered articles, including eligibility, registration pro...
Corporate Law : MHA issues guidelines to ensure nondiscriminatory prison visitation rights for LGBTQ+ community, emphasizing equal treatment in al...
Corporate Law : Participate in the public consultation on amending Rule 3 of the Legal Metrology (Packaged Commodities) Rules, 2011. Deadline: 29....
IRDA (Protection of Policyholders’ Interests) Regulations, 2002 – Point of sale issues, free look provision, time-limits for underwriting and servicing matters including claims etc.
Guidelines on NAV Process -Note: In supersession of earlier provisions issued vide Circular No. 24/IRDA/ACTL/2009-10, Dt. 5th Aug, 2009 with respect to calculation of NAV, the NAV shall, henceforth, be computed without appropriation/expropriation price as required under the said Circular under Unit Pricing Methodology. The same shall be applicable for all existing policies effective from the date immediately following the date of issue of this Circular.
The salient features of LLP Act, 2008, inter alia, are as follows: 1. It is a body corporate with separate legal entity from its partners. The mutual rights and duties of the partners of an LLP are governed by LLP Agreement. 2. LLP is liable to the extent of its assets. Partner’s liability is limited to the extent of agreed contribution (capital) in the LLP Agreement. 3. No partner is liable on account of the independent or unauthorized action of other partners or for their misconduct.
The report submitted by the Expert Group on Valuation Professionals Bill including the comments received in this regard from the stakeholders are under consideration of this Ministry and No definite time frame can be given at this stage.
The Competition Commission of India consists of a Chairperson and not less than two and not more than six other Members. Under Section 18 of the Competition Act, the functions of the Commission inter-alia are to eliminate practices having adverse effect on competition, promote and sustain competition, protect the interests of consumers and ensure freedom of trade carried on by other participants, in markets in India.
Insurance regulator IRDA today made it mandatory for insurers to seek prior approval in case of stake transfer to domestic entities or financial institutions and set guidelines for seeking approval. As per a IRDA circular, the regulator will carry out the requisite due diligence of the proposed transferee or shareholder prior to grant of approval for registration of transfer of shares under the provisions of section 6A(4) of the Insurance Act, 1938 and for issue of shares to the proposed transferee or shareholder.
Expressing concern over rising cheque bouncing cases, a Delhi court has sentenced a businessman to six months in jail and imposed a fine of Rs 3 lakh on him, saying no leniency is called for in such cases. Metropolitan Magistrate Vishal Pahuja jailed Delhi-based cloth merchant Ravinder Kumar, rejecting his plea for release on probation after payment of fine, saying that cheque bouncing cases consume a lot of time of the court.
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that the Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises have issued comprehensive guidelines on Corporate Social Responsibility (CSR) for Central Public Sector Enterprises (CPSEs) in April 2010. In these guidelines, CPSEs have to create mandatorily through a Board Resolution, a CSR budget as a specified percentage of net profit of the previous year, Expenditure range for CSR in a Financial year 3-5% of the net profit of previous year in case of CPSEs having profit less than Rs.100 crores; 2-3% (subject to minimum of Rs. 3 crores) in case the profit ranges from 100 crores to Rs.500 crores and 0.5-2% in case of CPSEs having a net profit of more than Rs.500 crores in the previous year. CSR guidelines for CPSEs further provide that loss making companies are not required to earmark specific funding for CSR activities. So far comparable directions have not been issued by the Ministry of Corporate Affairs.
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that 33 cases have been investigated by SFIO during the last 3 years i.e. 2008-09, 2009-10, 2010-11 and 2011-12 (till date 05.08.2011). The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha since its inception on 20th May, 2009, the Competition Appellate Tribunal (CAT) has received 36 appeals against decisions of the Competition Commission of India. CAT functions out of New Delhi and has no benches outside.
The Ho’ble Supreme Court held that students have the right to inspect and photocopy their answer sheets after their evaluation under the Right To Information (RTI) Act. The apex court bench of Justice R.V. Raveendran and Justice A.K. Patnaik allowed the disclosure of the answer sheets of the examination conducted by boards, universities, institutions and public service commissions, when it upheld the Calcutta High Court judgment that permitted the students to inspect their answer sheets.
