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Corporate Law

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

Latest Articles


Mere Association with Dawood Ibrahim Not Terror Gang Membership: Bombay HC

Corporate Law : Bombay HC rules mere association with Dawood Ibrahim doesn't qualify as terror gang membership under UAPA. Key insights from Parve...

July 21, 2024 72 Views 0 comment Print

Institutional Investor Rules impact & affect on Corporate Governance (India, USA, UK)

Corporate Law : Discover how institutional investor rules affect local corporate governance in India, the USA, and the UK, and their overall impac...

July 21, 2024 87 Views 0 comment Print

क्या विधि व्यवसाय में सर्टिफिकेट आफ प्रैक्टिस (COP) अनिवार्य है?

Corporate Law : सुप्रीम कोर्ट ने यह सुनिश्चित करने के लिए कि अधिव...

July 19, 2024 699 Views 0 comment Print

Tripura HC issues Guidelines for Investigation in Missing Persons Case

Corporate Law : Tripura High Court issues comprehensive guidelines to ensure effective investigation of missing persons cases, aiming for swift an...

July 19, 2024 249 Views 0 comment Print

Trial for FIR Before New Criminal Laws Enforced Governed by CrPC, Not BNSS: Rajasthan HC

Corporate Law : Rajasthan HC rules FIRs before new laws will follow CrPC, not BNSS. Read about the Krishna Joshi vs State of Rajasthan judgment cl...

July 18, 2024 135 Views 0 comment Print


Latest News


CBIC releases National Time Release Study (NTRS) 2024

Corporate Law : The CBICs NTRS 2024 report shows significant reductions in cargo release times at major ports, enhancing efficiency in imports and...

July 20, 2024 153 Views 0 comment Print

CERT-In Advisory on Microsoft Windows Outage Due to CrowdStrike

Corporate Law : Critical issue: Windows hosts crashing with BSOD after CrowdStrike Falcon Sensor update. Learn how to fix and prevent further outa...

July 19, 2024 1482 Views 0 comment Print

Report of India’s G20 Task Force on Digital Public Infrastructure released

Corporate Law : Explore India G20 Task Force report on Digital Public Infrastructure (DPI), defining global strategies for economic transformation...

July 16, 2024 138 Views 0 comment Print

Govt decided to Observe Samvidhaan Hatya Diwas Annually on 25th June

Corporate Law : India to observe 'Samvidhaan Hatya Diwas' on 25th June yearly, honoring those who fought against the 1975 Emergency's tyranny. Lea...

July 13, 2024 327 Views 0 comment Print

ED Conducts PMLA Search Operations Against Excise Department Officers

Corporate Law : Read about the Directorate of Enforcement's (ED) search operations under PMLA at 14 locations in Haryana and Punjab, uncovering ca...

July 13, 2024 459 Views 0 comment Print


Latest Judiciary


HC Orders Rs. 10 Lakh Compensation for Harassment of Chinese Woman by Custom Department

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...

July 21, 2024 72 Views 0 comment Print

RERA Allottee Financial Creditors Must Meet Threshold for Section 7 IBC Application

Corporate Law : NCLAT Delhi ruled that financial creditors who are allottees under RERA must meet the threshold criteria to file a Section 7 appli...

July 20, 2024 153 Views 0 comment Print

NCLAT Raps Practising Company Secretary Over Filing Appeal with Voluminous Records

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...

July 20, 2024 258 Views 0 comment Print

Corporate Guarantor’s Liability Stands Despite Non-Invocation of Guarantee: NCLAT

Corporate Law : Submission of Appellant that since guarantee has not been invoked there is no debt cannot be accepted. Guarantee continues to bind...

July 20, 2024 111 Views 0 comment Print

NCLT Cannot Interfere with CoC’s Commercial Decisions: Indian Bank Case Analysis

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...

July 20, 2024 126 Views 0 comment Print


Latest Notifications


Prison Visitation Rights of Queer Community (LGBTQ+)

Corporate Law : MHA issues guidelines to ensure nondiscriminatory prison visitation rights for LGBTQ+ community, emphasizing equal treatment in al...

July 20, 2024 108 Views 0 comment Print

Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2024

Corporate Law : Latest updates to the Prevention of Money-laundering Rules, 2024, focusing on KYC processes, client verification, and record maint...

July 20, 2024 270 Views 0 comment Print

IRDAI Fines Bandhan Life Insurance ₹1 Crore for AML & Policyholder Protection Breaches

Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...

July 17, 2024 180 Views 0 comment Print

Operational guidelines for Bulk customers of registered articles: India Post

Corporate Law : Explore India Post's new operational guidelines for bulk customers of registered articles, including eligibility, registration pro...

July 16, 2024 234 Views 0 comment Print

Proposed amendment to Rule 3 of Legal Metrology (Packaged Commodities) Rules, 2011

Corporate Law : Participate in the public consultation on amending Rule 3 of the Legal Metrology (Packaged Commodities) Rules, 2011. Deadline: 29....

July 15, 2024 375 Views 0 comment Print


Matters Involving Moral Questions Are Not Resolved By Arbitration

May 4, 2011 874 Views 0 comment Print

It is settled law that, matters involving moral questions or questions of public law are not resolved by arbitration. For instance, the following matters are not referred to arbitration: * Matrimonial matters, like divorce or maintenance; * Insolvency matters, like declaring a person as an insolvent; * Criminal offences; * Dissolution or winding up of a company.

IRDA- Insurance Repositories – Calling for Application Forms

May 4, 2011 811 Views 0 comment Print

Attention is invited to Guidelines on Insurance Repositories and Electronic Issuance of Insurance policies issued by IRDA vide Ref No.IRDA/ADMN/GDL/GLD/080/04/2011 on 29th April, 2011. In accordance to Clause 5 (2) of the guidelines, Applications are called for from the companies that conform the eligibility criteria laid down in the said guidelines.

IRDA invites Tender for Development and Implementation of Integrated Surveyor Licensing Management

May 4, 2011 558 Views 0 comment Print

IRDA requests for Proposal from reputed IT firms / Organizations for the development and implementation of Integrated Surveyor Licensing Management System (ISLMS), maintenance and hosting the same. For details, please visit http://www.irda.gov.in. Last date for receipt of application for technical bid is 7th May 2011 by 3.00 PM

Definition of ‘industry’ as per Section 2 (j) of the Industrial Disputes Act, 1947 (14 of 1947)

May 4, 2011 94182 Views 5 comments Print

Sec 2 (j) of the Industrial Disputes Act has defined the term industry means any systematic activity carried on by co-operation between an employer and his workmen (whether such workmen are employed by such employer directly or by or through any agency, including a contractor) for the production, supply or distribution of goods or services with a view to satisfy human wants or wishes (not being wants or wishes which are merely spiritual or religious in nature), whether or not, –

Professional Consulting Service Firms liable under ESI

May 4, 2011 11296 Views 1 comment Print

CONSULTING ENGINEERING SERVICES (INDIA) PVT. LTD.Vs.THE CHAIRMAN, ESI CORPORATION & ORS (DELHI HIGH COURT) -The present appeal filed under Section 82 of the Employees‟ State Insurance Act, 1948 is directed against the judgment and order FAO 124/2002 15.02.2002 passed by the learned Senior Civil Judge, ESI Court, Delhi in ESI Petition No.19/99, whereby it was held that the appellant is covered by the Employees State Insurance Act, 1948 (hereinafter referred to as “the Act”) and is not entitled to the relief claimed by it in the petition filed under Section 75 of the Act.

Pre Printed Form Contracts-Validity

May 4, 2011 1480 Views 0 comment Print

The Bombay High Court in Road Transport Corpn Vs. Kirloskar Bros Ltd (AIR 1981 Bom 299) has said that it is for the carrier to plead and prove that the print on the receipt was brought to the notice of the consignor and that he had agreed to and accepted the same. The Court held that it is necessary that serious terms of a contract must be specifically brought to the notice of the parties whose rights are sought to be curtailed. In Oriental Fire and General Ins Co Vs. New Suraj Transport Co (AIR 1985 All 136) the consignment note was not even signed by the booking party or his agent, the Allahabad High Court held that the consignor was not bound by a printed term about the exclusive jurisdiction. THE COURT SAID THAT SOMETHING MORE MUST BE DONE THAN MERELY PRINTING THE TERMS ON CONSIGNMENT DOCUMENTS.

Director’s Personal Guarantee – A Void Agreement

May 4, 2011 46054 Views 17 comments Print

A division bench of Delhi High Court in J B Exports Ltd and another vs. BSES Rajdhani Power Ltd (2006 134 Comp cas 106 Del. decided on 3.3.2006) observed that the concept that a company is a distinct legal entity apart from its shareholders, vide Salomon vs. Salomon & Co. (1897 AC 22 HL) had a historical purpose. Its main purpose was to encourage entrepreneurs to start new business ventures and, thus, help in the process of industrialisation.” This background is so important that it merits consideration in detail as follows.

FCRA Comes into Force W.E.F May 2011

May 2, 2011 2660 Views 0 comment Print

Foreign Contribution Regulation Act (FCRA) 2010 has been notified and it has come into force with effect from 1/5/2011. FCR Rules 2011 have also come into force from 1/5/2011. Key features of FCRA 2010 include the following- Concept of ‘permanent’ registration done away with; A five-year registration is provided so that dorman organisations do not continue. All existing registered organisations are deemed to be on a five-year validity from now.

Compliance with Corporate Governance Guidelines (CG Guidelines)

May 2, 2011 3022 Views 0 comment Print

I. Annual Filing of Compliance Status- a) All insurers are required to file a Report on status of compliance with the C G Guidelines on an annual basis w.e.f. the Financial Year 2010-11. This report shall be filed within 90 days from the end of the Financial year (i.e., before 30th June). The report should be filed in the format as placed in Annexure-1. b) Clause 9 of the CG Guidelines requires confirmation of disclosures made in the Annual Accounts. In such instances, where the finalization of Annual Accounts extends beyond 90 days of the close of the financial year, the status on disclosure in the Financial Statements as required under the aforementioned clause may be made within 15 days of adoption of the Annual Accounts by the Board of Directors of the insurers. This is in line with the stipulations issued by IRDA vide Circular No. IRDA/F&A/013/2005-06 dated 9th June, 2005.

IRDA – Selection of Implementation Agency (IA) for Business Analytics Project

May 2, 2011 727 Views 0 comment Print

Based on the detailed scrutiny of the Technical & Commercial Proposals submitted by the Shortlisted IT firms and further evaluation based on Combined Quality Cum Cost Based System (CQCCBS), M/s L & T Infotech has been formally selected as an Implementation Agency for the implementation of Business Analytics Project.

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