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Corporate Law : Supreme Court advises High Courts to prioritize criminal appeals of elderly accused on bail, especially in old cases, to ensure fa...
Corporate Law : AI and automation are reshaping Indian jobs. Learn about skill gaps, industry impact, and future opportunities in IT, finance, hea...
Corporate Law : The initiation of Corporate Insolvency Resolution Process (CIRP) under Sections 7-10 of the IBC involves different creditors and p...
Corporate Law : Analysis of 1989 economic policy debate between Nani Palkhivala and Madhu Dandavate, examining globalization's impact on India's s...
Corporate Law : SC rules that directors cannot face Section 138 NI Act cases if the cause of action arises after insolvency proceedings begin unde...
Corporate Law : CAIT urges the government to block FDI-backed e-commerce firms from controlling inventory, citing threats to 8 crore Kirana MSMEs ...
Corporate Law : The government has no plans to revise the ₹5,000 tax limit for preventive health check-ups. AI-based health initiatives focus on...
Corporate Law : To combat online financial fraud, RBI has launched an AI-based tool, ‘MuleHunter,’ to identify money mules and has advised fin...
Corporate Law : Update on CCI's order regarding WhatsApp and Meta's data sharing. NCLAT's interim stay and government measures to prevent data mis...
Corporate Law : Overview of IBC 2016's impact, amendments, and government's stance on further changes, including flat registration in insolvency c...
Corporate Law : Competition Commission of India dismisses allegations of monopoly against Delhi airport operators, citing lack of prima facie evi...
Corporate Law : Supreme Court overturns High Court ruling, upholds e-auction sale under SARFAESI Act. Bank directed to return surplus funds to bor...
Corporate Law : SC quashes Punjab HC order dismissing plea under CrPC 482. Case remitted to Sessions Court for re-examination of deposit requireme...
Corporate Law : SC clarifies scope of Section 143A of NI Act, holding interim compensation as discretionary, not mandatory, in cheque bounce cases...
Corporate Law : Mere exchange of draft MoUs or discussions on WhatsApp does not amount to a binding contract, especially when a formal agreement r...
Corporate Law : IBBI disciplinary order highlights contraventions by Mr. Kairav Trivedi in CIRP cases, including non-cooperation, resolution plan ...
Corporate Law : India's Ministry of Cooperation merges audit panels for multi-state co-ops, simplifying auditor appointments for FY 2024-25....
Corporate Law : MSME investment and turnover limits revised. New thresholds apply from April 1, 2025, increasing eligibility for micro, small, and...
Corporate Law : FSSAI waives registration fees for Anganwadi (ICDS) Centers, introduces a new Kind of Business (KoB), and grants five-year registr...
Corporate Law : PFRDA has issued regulations for the Unified Pension Scheme under NPS, applicable to Central Government employees from April 1, 20...
Status of sending the monthly details of the Provident Fund accounts to employees is as follows: (i) The updated Provident Fund (PF) accounts are available online on the EPFO website i.e. wwe.epfindia.gov.in from August 2012 and the Provident Fund accounts of members are updated as and when the contribution is received. Members can view and […]
It is very clear that the Banks should follow RBI guidelines on Asset-Classification before classifying any loan account as ‘Non-performing Asset (NPA)’. There were judgments saying that it is mandatory for the Banks to follow RBI guidelines while classifying an account as ‘Non-Performing Asset (NPA)’ and any deviation in this regard can vitiate the proceedings […]
The National Manufacturing Policy was notified by Govt. of India vide Press Note No. 2 dated 4th November, 2011. Paragraph 6 of the Press Note states that while the NIMZs are an important instrumentality, the proposals contained in the Policy apply to manufacturing industry throughout the country including wherever industry is able to organize itself into ‘clusters’ and adopt a model of self-regulation as enunciated (copy enclosed).
According to Mr. Diwan, no real basis for the Adjudicating Authority and the Tribunal to hold that Bountiful was a paper company and that it was being controlled by the Desais from India. Mr. Diwan made a strenuous attempt to persuade us to reverse the findings of fact recorded by the Adjudicating Authority and the Tribunal on this aspect. We regret our inability to do so. Whether or not Bountiful Ltd. is a paper Company and whether or not it was controlled and operated by the appellants is essentially a question of fact to be determined on the basis of the material collected in the course of the investigation. The Adjudicating Authority and Tribunal have answered that question in the affirmative taking into consideration the statements made by the appellants as also the documents that were recovered from their premises.
Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Bill, 2013 Passed by Parliament The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Bill, 2012 was passed by the Rajya Sabha on 26th February 2013. Lok Sabha has passed it in September 2012. Sexual Harassment at workplace is a violation of women’s […]
With great pain from the bottom of my heart, I have been writing this article. I have got great respect for legal profession, legal professionals and Indian Court System. I have had the privilege of reading some of the land-mark cases like ‘breach of legislative privilege case’ where late Shri H.M.Seervai has argued infavour of […]
The EPFO’s board discussed the rate of interest for 2012-13. After detailed discussion, the board decided to recommend a rate of interest of 8.5% for the year. Decision to pay 8.5% interest rate was taken unanimously by the board.
There is every need for the Government to enable/assist the Banks in reducing their NPAs (Non-performing Assets) and it is beyond doubt that the Banks are now well assisted/equipped through the legal frame-work in recovering their dues.
There was nothing to show that unfair pricing was done by Microsoft in selling identical licence at different prices. No evidence was brought. The respondent was not tying its OEM with new computers. The purchase of personal computer has the choice to have the programme of Microsoft Office or Words getting installed in its computer if he so chooses. This cannot be, therefore, an example of tying up. There was no compulsion on the appellant to purchase Microsoft software to purchase the computers only as the OEM licensee was free to sell their product, i.e., personal computer even without the warranty that would clearly end the argument about the tying up.
Penetration of Insurance Policies; IRDA to Come-Out With a New Policy Giving Automatic Clearance to Standard Life Insurance Products and Relax Investment Guidelines to Encourage Flow of Funds into Infrastructure Sector