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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


AI in Law: Ethical Challenges, Regulatory Hurdles & Future Prospects

Corporate Law : Explore ethical dilemmas, regulatory obstacles, and transformative potential of integrating AI in law. Dive deep into complexities...

May 1, 2024 546 Views 0 comment Print

Choosing the Right Business Structure: Analysis & Tax Impact

Corporate Law : Explore various business structures in India and their tax implications. Understand the advantages, disadvantages, and regulatory ...

April 30, 2024 534 Views 0 comment Print

Rules of Inheritance of Coparcenary Property

Corporate Law : Understand the Hindu Succession Act's rules of inheritance for coparcenary property, including amendments for daughters' rights. L...

April 30, 2024 1833 Views 0 comment Print

Guardians of Digital Realm: Exploring Synergy between AI and Cybersecurity

Corporate Law : Delve into the fusion of AI and cybersecurity, exploring how these realms collaborate to protect our digital infrastructure agains...

April 30, 2024 105 Views 0 comment Print

Fair Trial in Cross-Complaint Criminal Cases Requires Joint Trial by Same Judge: AP HC

Corporate Law : Discover the significance of joint trials for case and counter case as mandated by the Andhra Pradesh High Court. Explore the deta...

April 30, 2024 120 Views 0 comment Print


Latest News


Pension Disbursing Banks’ Portals to Integrate for Pensioners’ Ease: P&PW Secretary

Corporate Law : Govt announced a significant step towards enhancing the ease of living for pensioners by integrating the pension portals of all pe...

April 28, 2024 5166 Views 0 comment Print

Notice inviting comments, by MCA, on review of rules prescribed under IBC 2016

Corporate Law : Join the discussion on MCA's proposed changes to Insolvency and Bankruptcy Code rules. Learn how to participate and share your ins...

April 19, 2024 498 Views 0 comment Print

Ayushman Bharat Health Account (ABHA) – Frequently Asked Questions

Corporate Law : Discover what ABHA is, its benefits, how to enroll, and debunked myths. Learn about digital health records and the CGHS integratio...

April 6, 2024 1416 Views 0 comment Print

Animal Husbandry Infrastructure Development Fund Guidelines

Corporate Law : Circulation of Amended Implementation Guidelines for Animal Husbandry Infrastructure Development Fund (AHIDF) Animal Husbandry Inf...

April 1, 2024 300 Views 0 comment Print

Live Webinar: How can MSME recover payment without going to court

Corporate Law : This webinar titled “How MSMEs Recover Payment without Court” provides valuable insights and strategies for recovering...

March 29, 2024 15288 Views 0 comment Print


Latest Judiciary


Appellant is unsecured Financial Creditor as creation of security interest on assets of Corporate Debtor not proved: NCLAT Delhi

Corporate Law : NCLAT Delhi held that as creation of security interest on the assets of Corporate Debtor not proved by any documents, Resolution P...

April 30, 2024 204 Views 0 comment Print

Amounts covered by security deposits under agreements constitute financial debt: SC

Corporate Law : Supreme Court held that that the amounts covered by security deposits under the agreements constitute financial debt. Accordingly,...

April 29, 2024 225 Views 0 comment Print

Upon Repeal, Old Provision Ends; Substituted One Activates Upon Replacement

Corporate Law : Supreme Court held that subject to statutory stipulation, a repealed provision ceased to operate from the date of repeal, and the ...

April 29, 2024 270 Views 0 comment Print

SC explains Tests for granting interim injunctions/ stay orders

Corporate Law : Explore Supreme Court of India's tests for granting interim injunctions/stay orders, highlighting three-fold test, additional fact...

April 28, 2024 384 Views 0 comment Print

SC Allows Exclusion of Time Spent in Good Faith Pursuit Before Wrong Forum

Corporate Law : SC allows Exclusion of Time spent bonafidely and diligently and in good faith before wrong forum under Section 14(2) of Limitati...

April 28, 2024 156 Views 0 comment Print


Latest Notifications


PFRDA (Mechanism for Making and Review of Regulations) Regulations, 2024

Corporate Law : Delve into the Pension Fund Regulatory and Development Authority's (PFRDA) latest regulations for making and reviewing regulations...

April 26, 2024 108 Views 0 comment Print

Copper Products (Quality Control) Order, 2024

Corporate Law : Understand the implications of the Copper Products (Quality Control) Order, 2024 issued by the Ministry of Commerce and Industry. ...

April 25, 2024 447 Views 0 comment Print

MahaRERA invites suggestions on Draft Regulation for Quality Assurance

Corporate Law : Explore MahaRERA's proactive approach to quality assurance in real estate, focusing on prevention and rigorous standards. Submit y...

April 24, 2024 168 Views 0 comment Print

Overstatement of profits: NFRA imposes Rs. 5 Lakh Penalty on Auditors of Vikas WSP Limited

Corporate Law : Dive into the NFRA order against M/s S. Prakash Aggarwal & Co., revealing professional misconduct in auditing Vikas WSP Limited fo...

April 23, 2024 12360 Views 0 comment Print

CCI Launches Market Study on Artificial Intelligence and Competition

Corporate Law : Discover the Competition Commission of Indias in-depth study on AI's impact on competition, efficiency, and innovation. Get insigh...

April 22, 2024 333 Views 0 comment Print


Taxation of Limited Liability Partnerships (LLP) in India

December 13, 2009 19550 Views 0 comment Print

Limited Liability Partnership Act, 2008 (LLP Act) was passed by the Parliament in December, 2008. Some of the sections of the LLP Act were made effective on 1-4-2009. Sections relating to conversion of existing partnership firms and private as well as public unlisted companies into LLP have been brought into force on 31-5-2009. Sections relating to liquidation and winding up of LLP have not yet come into force. LLP Rules, 2009, have also been made and they have now come into force.

Government proposes to extend benefits of SEZ to food parks

December 13, 2009 955 Views 0 comment Print

Government proposes to extent benefits of Special Economic Zones (SEZ) to food parks so that the country could quickly emerge as a regional hub for food processing and SEZ benefits are available only to SEZ Developers and units. Mega Food Park Scheme presently operates under different set of guidelines framed by the Government.

FEMA – Summons issued by Enforcement Directorate in exercise of power vested in them cannot be quashed: Madras HC

December 9, 2009 5402 Views 0 comment Print

A summons issued by the Enforcement Directorate, Government of India, under Section 37 of the Foreign Exchange Management Act, 1999 could not be interdicted by the High Court on the ground that there was no application of mind and the documents sought for would amount to a roving enquiry by the Directorate, the Madras High Court has held.

Government looking for changes in RTI Act

December 8, 2009 492 Views 0 comment Print

Chief Justice of India K G Balakrishnan’s recent request to Prime Minister Manmohan Singh to protect the judiciary from increasingly ‘‘intrusive’’ queries appears to have triggered an exercise to look for options to effect changes in the RTI Act. Following the CJI’s impassioned letter, which said questions asked by chronic litigants about the judiciary could erode its independence, the government has started looking into possible changesin the RTI Act, highly placed sources said.

ED claimed to have proof of violation of FDI guidelines by Emaar MGF

December 7, 2009 807 Views 0 comment Print

The Enforcement Directorate(ED) on Friday claimed to have found evidence of “large-scale” violations of Foreign Direct Investment(FDI) guidelines by real-estate major Emaar MGF in purchase of land. During its searches carried out at 13 premises of the group on Thursday, ED also claimed to have recovered about Rs nine crore in cash, two kg of gold and foreign currency worth Rs 5 lakh.

Liability of Partners of LLP- is it Limited?

December 5, 2009 1300 Views 0 comment Print

The Limited Liability Partnership Act, 2008 (‘the LLP Act’) was brought into force with effect from 31st March 2009 to permit formation of Limited Liability Partnerships (‘LLPs’) in India. The main focus of the LLP Act is to permit a partnership structure and at the same time, limit the liability of partners which was heretofore unlimited under the provisions of the Indian Partnership Act, 1932 (‘the Partnership Act’). This article discusses briefly the limitation of liability of partners under the LLP Act as compared to the limitation of liability of a shareholder of a limited company formed and registered under the Companies Act, 1956 (‘the Companies Act’) and the manner in which such liabilities are limited under the LLP Act.

FDI applicants must furnish three years audited financial statements to FIPB: Revenue Department

December 5, 2009 649 Views 0 comment Print

The Revenue Department, which scrutinises all foreign investments from the tax angle, has asked the Foreign Investment Promotion Board (FIPB) to ensure that FDI applicants furnish three years audited financial statements of the investor.Such disclosures will be useful to determine the source of funds as also to assess the ability of the actual and the immediate investor to make such investments.

Radio broadcasters expressed concerns over the proposed move to introduce Section 33A in the Copyright Act

December 4, 2009 684 Views 0 comment Print

RADIO broadcasters have expressed concerns over the proposed move to introduce Section 33A in the Copyright Act which would give unfair powers to the music societies to fix tariff and could potentially derail the radio industry already reeling under massive losses.

Absence of tax free climate affected inflows of foreign investment in the shipping sector

December 4, 2009 532 Views 0 comment Print

Absence of tax-free climate has affected inflows of foreign investment in the shipping sector, reducing its competitiveness, the government informed Rajya Sabha. “The Indian flag suffers from certain barriers in terms of tax and duty structures which may have impeded the growth of foreign direct investment (FDI),” shipping minister GK Vasan told Rajya Sabha. As per him new taxes in the form of service tax, FBT etc reduced its competitiveness.

Under the Revised Copyright Act one song may cost 1.50 lakh to Broadcasters

December 1, 2009 1239 Views 0 comment Print

Asking for transparency in functioning, leading broadcasters like Zee TV, STAR, Sony and others have taken a strong objection to a proposed move by the Ministry of Human Resource Development (HRD) to amend the existing Copyright Act without consulting them. Under the proposed changes, even news broadcasters may also have to cough up a similar amount for every telecast of matches and old clippings.

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