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
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 : Understand the role of IP clauses in commercial contracts, covering ownership, licensing, and legal considerations to prevent disp...
Corporate Law : IBBI mandates detailed disclosure of carry-forward losses in insolvency cases, improving transparency for resolution applicants un...
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 : 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...
Corporate Law : IRDAI reconstitutes its Insurance Advisory Committee, appointing five new members. The notification takes effect from its publicat...
Corporate Law : IBBI mandates detailed disclosure of carry forward losses in the Information Memorandum (IM) to enhance transparency in corporate ...
Corporate Law : FSSAI directs FBOs to update Form IX nominee details and enables auto-approval for Non-Form C modifications in FoSCoS from Februar...
Banks used to take advantage of the provisions of SARFAESI Act, 2002 earlier in taking possession of the ‘secured asset’ even when the tenant was in possession of the property. Absolutely, there is no difficulty in taking the possession of the ‘secured asset’ using the protection and assistance under Section 14 of the Act if the property was actually in possession of the borrower or the guarantor.
An Act to provide for the institution of provident funds, pension fund and deposit-linked insurance fund for employees in factories and other establishments. Be it enacted by Parliament as follows:-1. Short title, extent and application.- (1) This Act may be called the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.
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.
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.
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 […]
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.
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.
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.
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.
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.
