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Corporate Law : Economic reforms have reshaped employer-employee dynamics and legal structures. The analysis underscores balancing efficiency with...
Corporate Law : Organized crime laws relax traditional evidence rules to secure convictions. Courts balance this with safeguards against misuse. K...
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 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...
Contracts of Guarantee are required in cases when a party requires a loan, goods or employment. There are three parties in this form of contract, namely, Principal Debtor, Creditor and Guarantor/Surety. The person in respect of whom the surety is given is called the Principal Debtor, and the person to whom the guarantee is given is called the Creditor.
1. (1) These rules may be called the Employees’ State Insurance (Central) Amendment Rules, 2019. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Employees’ State Insurance (Central) Rules, 1950, in rule 52, for the words rupees one hundred thirty seven, the words rupees one hundred seventy six shall be substituted.
IBBI approves MCA 21 database of the Ministry of Corporate Affairs and the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) registry as repositories under regulation 21(2)(c)(ii) of the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017. Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, […]
National Consumer Disputes Redressal Commission orders M/s. Golden Peacock to refund 4,12,98,926/- with 12% interest for delayed possession. Case details.
1. Sole Proprietorship Business You have control over every aspect of the business, from the company’s finances to marketing decisions. You need no consent from partners or board members to make important business-making decisions. This lets you react quickly to market trends and other business conditions. You are not required to file formation documents with the state or local government to begin the company. […]
M/S M3M India Pvt Ltd & Anr Vs Dr Dinesh Sharma & Anr (Delhi High Court) Judgment in Pioneer Urban Land and Infrastructure Ltd. & Anr. vs. Union of India & Ors. constitutes the law declared by the Supreme Court under Article 141 of the Constitution, even in respect of the question raised in these […]
Demanding details pertaining to the bank account of a person and of remittances made to the Income Tax Department towards discharge of tax liability shall amount to infringement of Right to Privacy, therefore, assessee was not bound to furnish their income tax returns and the bank account statements, as a condition for continuing the petroleum retail dealership granted to them.
Declaration of certain individuals as terrorists under the Unlawful Activities (Prevention) Act, 1967 Invoking the recent amendments in the Unlawful Activities (Prevention) Act, 1967, the Central Government has decided to declare the following individuals as terrorists and add their names to Schedule 4 of the Act: 1. Maulana Masood Azhar : chief, founder and key […]
Kishore Sharma Vs Sachin Dubey (Supreme Court of India) The present appeal takes exception to the order dated 15th November, 2018 passed by the High Court of Madhya Pradesh, Indore Bench, thereby it allowed the application filed by the respondent for quashing of proceedings instituted against him under Section 138 of the Negotiable Instruments Act, […]
Article contains update on Amendment to Companies Act, 2013 and its Rules, Amendment to SEBI Law, NCLT Order, Highlights of Consumer Protection Bill, Labour laws, E-commerce guidelines for Consumer Protection ICSI – Recognition to Company Secretaries to act as Arbitrator under the Arbitration and Conciliation (Amendment) Act, 2019, updates on Decisions taken by the Council […]