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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


P&H HC Criticizes Job Denial to Son of Injured Soldier in J&K Anti-Terror Operation

Corporate Law : Punjab & Haryana HC grants relief to son of a soldier injured in anti-terror operation in J&K, asserting his entitlement to a job ...

February 11, 2025 96 Views 0 comment Print

Guide on Applicability of POSH Act to Private Limited Companies

Corporate Law : Understand the applicability, compliance, penalties, and best practices of the POSH Act for Private Limited Companies in India wit...

February 10, 2025 792 Views 0 comment Print

Building Stakeholder Trust: Key Strategies for Companies

Corporate Law : Learn how companies can build stakeholder trust through communication, engagement, transparency, and a structured redressal mechan...

February 10, 2025 126 Views 0 comment Print

Exploring the Types of Trademarks and Their Legal Protections

Corporate Law : Trademarks are critical for businesses to differentiate their goods or offerings from others in market. They help construct brand...

February 10, 2025 165 Views 1 comment Print

Conveyance & Deemed Conveyance in Housing Societies

Corporate Law : Understanding conveyance & deemed conveyance in housing societies, legal provisions, benefits, and challenges under MOFA, RERA, an...

February 8, 2025 2547 Views 0 comment Print


Latest News


Innovations in National Pension System and Its Accessibility

Corporate Law : The National Pension System (NPS) offers flexible, low-cost pension options with digital accessibility, aiming to expand coverage ...

February 8, 2025 237 Views 0 comment Print

ICAI Convocation 2025: 19,075 CAs Awarded Membership

Corporate Law : ICAI held its Convocation 2025 across 13 locations, awarding 19,075 Chartered Accountants with membership. The Governor of West Be...

February 8, 2025 1506 Views 0 comment Print

Government’s Stance on IBC and Tax Revenue Impact

Corporate Law : The Indian government has not assessed the IBC’s impact on tax revenue loss and has no plans to amend tax priorities under insol...

February 6, 2025 39 Views 0 comment Print

Reforms in IBC: Proposed Amendments for Insolvency Processes

Corporate Law : IBBI proposes key amendments to CIRP, liquidation, and personal guarantor insolvency, aiming to enhance efficiency, transparency, ...

February 5, 2025 153 Views 0 comment Print

FIU-IND Fines Bybit ₹9.27 Crore for PMLA Violations

Corporate Law : FIU-IND imposed a ₹9.27 crore penalty on Bybit for violating PMLA compliance. The platform operated without registration, leadin...

February 2, 2025 252 Views 0 comment Print


Latest Judiciary


Default continued beyond moratorium period not covered u/s. 10-A of IBC: Madras HC

Corporate Law : Madras High Court held that Section 10-A of the Insolvency and Bankruptcy Code, 2016 cannot be extended to cases where default con...

February 11, 2025 33 Views 0 comment Print

CBDT Approval Must Be Explicit for Valid Orders: Bombay HC

Corporate Law : Bombay HC quashes order by Additional CIT, emphasizing CBDT or its members must explicitly issue orders under Section 119(2)(b) of...

February 9, 2025 195 Views 0 comment Print

NCLAT Rejects IBC Section 9 Plea Against Hindustan Unilever Ltd (HUL)

Corporate Law : NCLAT upholds rejection of IBC Section 9 application against HUL, citing pre-existing disputes and claims below the Rs. 1 crore th...

February 8, 2025 228 Views 0 comment Print

Liquidation Withdrawal Allowed if CoC Permits CIRP Time Extension: NCLAT Delhi

Corporate Law : NCLAT Delhi upheld the CoC's decision to extend CIRP and withdraw liquidation, rejecting the appeal against the Resolution Profess...

February 8, 2025 87 Views 0 comment Print

Liquidation proceeds to be distributed in proportion to admitted claim of secured creditors

Corporate Law : NCLAT Delhi held that distribution of liquidation proceeds has to be in proportion to the admitted claim of secured creditors as p...

February 8, 2025 87 Views 0 comment Print


Latest Notifications


IBBI Mandates Timely Reporting of Insolvency Assignments

Corporate Law : IBBI updates reporting rules for insolvency professionals, requiring timely assignment updates on its portal for CIRP, liquidation...

February 11, 2025 6 Views 0 comment Print

PFRDA Master Circular on Service Charges for NPS PoPs (Updated)

Corporate Law : PFRDA issues a master circular on service charges for PoPs under NPS (All Citizen & Corporate) and NPS-Lite, consolidating past ci...

February 7, 2025 108 Views 0 comment Print

IBBI suspends registration of Insolvency Professional for a period of three years

Corporate Law : IBBI issues a disciplinary order against Akash Shinghal for non-compliance with CIRP regulations. The case involves voting and CoC...

February 7, 2025 138 Views 0 comment Print

IBBI suspends IP for charging fees of 18 lakh against admitted claim of ₹10 lakh

Corporate Law : IBBI Disciplinary Committee reviews the case of Insolvency Professional Anil Kumar Mittal for excessive fees during CIRP proceedin...

February 4, 2025 4236 Views 0 comment Print

IBBI publishes syllabus for Phase 9 of Limited Insolvency Examination

Corporate Law : IBBI releases Phase 9 syllabus for Limited Insolvency Examination. Applicable from May 5, 2025, details available on the IBBI webs...

February 4, 2025 408 Views 0 comment Print


Upward revision of freight by railways cannot be considered as abuse of dominant position

January 15, 2013 607 Views 0 comment Print

By the statutory provision, the legislature has authorized the Central Government to classify and revise rates/freight with respect to carriage of passenger and goods. The impugned rate instructions/circulars issued by OP were uniformly applicable for all the entities who wanted to avail the services of Indian railways for transporting their goods.

Khaps’ diktat on women’s dress & cell phone unlawful – SC

January 15, 2013 1520 Views 0 comment Print

The Supreme Court today said that Khap panchayats’ diktat on dress code for women and asking them not to carry mobile is unlawful.A bench of justices Aftab Alam and Ranjana Prakash Desai said such diktats are against the fundamental right to life and asked Khap Panchayats (caste-based councils) to file their replies on the issue.

Even in absence of separate proceeding alleging unfair, monopolistic or restrictive trade practice, an application for compensation u/s. 12B of MRTP Act is maintainable

January 12, 2013 654 Views 0 comment Print

Section 12B was introduced in the MRTP Act by Act 30 of the 1984 as an independent remedy for a claimant in addition to a suit that he may file to claim any loss or damage that he may suffer by reason of any monopolistic or restrictive or unfair trade practice as would be clear from sub-section (4) of section 12B. There is no reference at all in section 12B of the MRTP Act to the provisions of either section 10

Company to pay employee bonus who proved that he was employee of the company

January 7, 2013 594 Views 0 comment Print

The bunch of correspondence relied upon by the petitioner has been collectively annexed as annexure “C” to the petition and referred to at paragraph 8 of the petition. The affidavit-in-opposition deals with paragraph 8 of the petition at paragraph 9 thereof and does not question the authenticity of the copy documents appended as annexure C to the petition.

Direct recruitee’s entitlement to promotion is based on year of examination and not appointment – SC

December 30, 2012 6188 Views 0 comment Print

Having interpreted the effect of the OMs dated 7.2.1986 and 3.7.1986, we are satisfied, that not only the requisition but also the advertisement for direct recruitment was issued by the SSC in the recruitment year in which direct recruit vacancies had arisen.

Overview of Pharmaceutical Industry with Specific Reference to Laws Of India

December 25, 2012 1621 Views 0 comment Print

The main aim of the Pharmaceutical Industry is to develop, research and distribute drugs in order to provide health care for the people in the society. Pharmaceutical companies are allowed to deal in generic and/or brand medications and medical devices. Just like any other industry, they are also subject to various rules and regulations regarding the patenting, testing and ensuring safety and efficacy and marketing of drugs.

PF Circular on definition of ‘basic wages’ Kept in Abeyance

December 18, 2012 14722 Views 0 comment Print

Circular No. 7(1)2012/RCs Review Meeting/345 dated 30th November, 2012 on Guidelines for Quasi-judicial proceedings under Section 7A of the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952.

Deemed Conveyance Scheme for Co-Op. Hsg Societies in Maharashtra

December 16, 2012 40817 Views 109 comments Print

Maharashtra State has introduced the DEEMED CONVEYANCE SCHEME FOR CO-OP. HSG SOCIETIES.This scheme will help societies in getting conveyance of the land in their name in a fast track manner. Scheme is starting from 15/12/2012 to 30/06/2013.One more scheme for Registration of societies is also starting wherein all unregistered societies can get registered.

Guidelines for Quasi-judicial Proceedings u/s. 7A of EPF Act

December 16, 2012 9239 Views 0 comment Print

The Central Provident Fund Commissioner has circulated Notification No. 7(1)2012/RCs Review Meeting/345 dated 30 November 2012 [read with No. 7(1)2012/RCs Review Meeting/ dated 5 December 2012] for streamlining and standardizing the assessment procedures under Section 7A of the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 (EPF Act), with a view to minimize the hardship on the employers.

HUF cannot be a partner in firm but it is competent to the manager or karta acting on behalf of the HUF to enter into a valid partnership

December 14, 2012 13302 Views 0 comment Print

Coal India Ltd. & Anr. Vs Continental & Eastern Agencies (Delhi HC)- In the case reported as (1967) 66 ITR 613 (SC) Ram Laxman Sugar Mills v,Commissioner of Income-Tax, U.P. & Ors. the Hon’ble Supreme Court has categorically held that it is open to the manager of a joint Hindu Family as representing the family to agree to become a partner with another person. The partnership agreement in that case is between the manager and the other person and by the partnership agreement no members of family, except the manager acquires a right or interest in the partnership. The junior members of the family may make a claim against the manager for treating the income or profits received from the partnership as a joint family asset, but they cannot claim to exercise the rights of partners nor be liable as partners.

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