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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 108 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 882 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 153 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 192 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 2589 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 240 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 2016 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 162 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 39 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 204 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 243 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 90 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 51 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 141 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 4257 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


Punishment not prescribed under the statutory rules cannot be imposed

April 30, 2012 6211 Views 0 comment Print

Undoubtedly, in a civilized society governed by rule of law, the punishment not prescribed under the statutory rules cannot be imposed. Principle enshrined in Criminal Jurisprudence to this effect is prescribed in legal maxim nulla poena sine lege which means that a person should not be made to suffer penalty except for a clear breach of existing law.

Corporate Debt Restructuring Mechanism – Need to Review/ Re-Define the Policy

April 30, 2012 1884 Views 0 comment Print

There are few hurdles in the process of effecting Corporate Debt Restructuring Mechanism and a possible threat to the Indian Economy. The objective of this article is to highlight the noble objectives of corporate debt Restructuring Mechanism; to examine the hurdles and to explore the possible solution to remove these deficiencies.

Whether Registration of Lease Hold Property in Family Member Considered as Benami Property

April 27, 2012 1035 Views 0 comment Print

Sri Marcel Martins Vs M. Printer & Ors. (Supreme Court of India) SEVERAL MEMBERS OF FAMILY PROVIDING CONSIDERATION TO CONVERT LEASE PROPERTY INTO FREEOLD BUT REGISTRATION OF PROPERTY HELD ON THE NAME OF ONE PERSON’S NAME-WHETHER CONSIDERED AS BENAMI PROPERTY? BRIEF FACTS: Ms. SM was a tenant (Lessee) of a residential house owned by Municipal […]

Can a Person be tried twice for same offence?

April 25, 2012 6253 Views 0 comment Print

Learned counsel for the appellant has further placed reliance on the judgment in G. Sagar Suri & Anr. v. State of U.P. & Ors., (2000) 2 SCC 636, wherein during the pendency of the proceedings under Section 138 N.I. Act, prosecution under Sections 406/420 IPC had been launched. This Court quashed the criminal proceedings under Sections 406/420 IPC, observing that it would amount to abuse of process of law. In fact, the issue as to whether the ingredients of both the offences were same, had neither been raised nor decided.

HC have no jurisdiction to entertain Award petition which is also Pending in Malaysian Court

April 25, 2012 579 Views 0 comment Print

In view of the judgment of the Supreme Court in Videocon Industries Ltd. v. Union of India this Court would not have jurisdiction to entertain the present challenge to the impugned Award by way of a petition under Section 34 of the Act. In this view of the matter, the preliminary objection of the Respondent to the maintainability of the present petition under Section 34 of the Act requires to be upheld. This will not preclude, of course, the Petitioner from seeking other appropriate remedies that may be available in accordance with law.

ESIC – No Need to Submit Hard Copy of Returns from March 2012

April 25, 2012 20244 Views 0 comment Print

it has been decided by Hqrs Office that for the Contribution Period Ending March 2012 also employers are not required to submit the hard or soft copies of Return of Contributions. The copy of the letter no 67/Dir/Misc/SPOC-REV dated 8/11/2011 is also being attached for necessary action.

Procedure for Conversion of Partnership firm into company

April 25, 2012 98476 Views 46 comments Print

Conversion of Firm under Part IX of the Companies Act, 1956 :- The firm may be converted into a company by following the provisions of Part IX of the Companies Act, 1956. Sections 565 to 581 deal with conversion of firms into a company under the Companies Act, 1956.

TRAI Mandates one tariff plan on Per Second Billing basis

April 20, 2012 1054 Views 0 comment Print

In order to ensure that ‗per second billing‘ remains an assured alternative option for all subscribers, it has been decided to mandate that all service providers shall offer at least one pre-paid and one post-paid tariff plan with the pulse rate of one second for local and national long distance calls. The service providers will be at liberty to offer alternative tariff plans with any pulse rate within the overall ceiling of 25 tariff plans.

Critical issues under SARFAESI Act, 2002?

April 20, 2012 14527 Views 0 comment Print

It is always welcome to enable the Banks to recover their dues using the provisions of SARFAESI Act, 2002. It is known that it is very difficult for the Banks to approach Civil Court asking for a decree and getting that decree executed. With the intention of enabling the Banks to reduce their NPAs through faster recovery of dues, ‘The Recovery of Debts Due to Banks and Financial Institutions Act, 1993’ was enacted.

IRDA – Amendment in Salary & Allowance payable to & other Terms and Conditions of Services of Chairperson and other members

April 19, 2012 2293 Views 0 comment Print

Insurance Regulatory and Development Authority (Salary and Allowance payable to and other Terms and Conditions of Services of Chairperson and other members) Amendment Rules, 2012- Amendment in rule 3 Notification No. G.S.R. No.307(E), dated 19-4-2012

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