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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


Prioritize Criminal Appeals of Elderly Accused on Bail, Especially for Old Crimes: SC

Corporate Law : Supreme Court advises High Courts to prioritize criminal appeals of elderly accused on bail, especially in old cases, to ensure fa...

March 23, 2025 51 Views 0 comment Print

Fast Changing Landscape of Jobs and Professionals on Indian Perspective

Corporate Law : AI and automation are reshaping Indian jobs. Learn about skill gaps, industry impact, and future opportunities in IT, finance, hea...

March 23, 2025 78 Views 0 comment Print

Initiation Of Corporate Insolvency Resolution Process Under IBC, 2016

Corporate Law : The initiation of Corporate Insolvency Resolution Process (CIRP) under Sections 7-10 of the IBC involves different creditors and p...

March 21, 2025 1002 Views 0 comment Print

Current Economy on Indian Social Perspective

Corporate Law : Analysis of 1989 economic policy debate between Nani Palkhivala and Madhu Dandavate, examining globalization's impact on India's s...

March 21, 2025 363 Views 0 comment Print

No 138 NI Act Case Against Director Post Insolvency Start

Corporate Law : SC rules that directors cannot face Section 138 NI Act cases if the cause of action arises after insolvency proceedings begin unde...

March 21, 2025 333 Views 0 comment Print


Latest News


Prevent FDI E-Commerce Firms from Controlling Inventory: CAIT

Corporate Law : CAIT urges the government to block FDI-backed e-commerce firms from controlling inventory, citing threats to 8 crore Kirana MSMEs ...

March 20, 2025 120 Views 0 comment Print

No Tax Limit Revision for Preventive Health Check-ups

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...

March 20, 2025 183 Views 0 comment Print

RBI launches AI-based tool, ‘MuleHunter,’ to identify money mules

Corporate Law : To combat online financial fraud, RBI has launched an AI-based tool, ‘MuleHunter,’ to identify money mules and has advised fin...

March 20, 2025 174 Views 0 comment Print

CCI Restricts WhatsApp-Meta Data Sharing; NCLAT Stays CCI Order

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...

March 16, 2025 420 Views 0 comment Print

Amendments In Insolvency And Bankruptcy Code, 2016

Corporate Law : Overview of IBC 2016's impact, amendments, and government's stance on further changes, including flat registration in insolvency c...

March 16, 2025 321 Views 0 comment Print


Latest Judiciary


Release of detained gold chain in absence of proper SCN or Hearing given

Corporate Law : The invitation card for the marriage ceremony in Guru vaguer was also placed on record as Annexure P-3. Assessee was said to have ...

March 23, 2025 90 Views 0 comment Print

CCI Dismisses Airport Monopoly Allegations against AAI, DIAL & GIL

Corporate Law : Competition Commission of India dismisses allegations of monopoly against Delhi airport operators, citing lack of prima facie evi...

March 21, 2025 303 Views 0 comment Print

SC upholds validity of e-auction sale conducted by bank

Corporate Law : Supreme Court overturns High Court ruling, upholds e-auction sale under SARFAESI Act. Bank directed to return surplus funds to bor...

March 21, 2025 369 Views 0 comment Print

SC Interprets the word ‘May’ under Negotiable Instrument Act, 1881

Corporate Law : SC quashes Punjab HC order dismissing plea under CrPC 482. Case remitted to Sessions Court for re-examination of deposit requireme...

March 21, 2025 396 Views 0 comment Print

Interim Compensation under Section 143A of NI Act Not mandatory: SC

Corporate Law : SC clarifies scope of Section 143A of NI Act, holding interim compensation as discretionary, not mandatory, in cheque bounce cases...

March 21, 2025 162 Views 0 comment Print


Latest Notifications


IBBI suspends Insolvency Professional for non-cooperation & regulatory breaches

Corporate Law : IBBI disciplinary order highlights contraventions by Mr. Kairav Trivedi in CIRP cases, including non-cooperation, resolution plan ...

March 23, 2025 30 Views 0 comment Print

Multi-State Co-op Audit Panels Merged for FY 2024-25

Corporate Law : India's Ministry of Cooperation merges audit panels for multi-state co-ops, simplifying auditor appointments for FY 2024-25....

March 23, 2025 66 Views 0 comment Print

MSME Classification Limits Revised from April 1, 2025

Corporate Law : MSME investment and turnover limits revised. New thresholds apply from April 1, 2025, increasing eligibility for micro, small, and...

March 23, 2025 294 Views 0 comment Print

FSSAI Order on Waiver of Registration Fees for Anganwadi ICDS Centers

Corporate Law : FSSAI waives registration fees for Anganwadi (ICDS) Centers, introduces a new Kind of Business (KoB), and grants five-year registr...

March 20, 2025 42 Views 0 comment Print

PFRDA Notifies Unified Pension Scheme for NPS Employees

Corporate Law : PFRDA has issued regulations for the Unified Pension Scheme under NPS, applicable to Central Government employees from April 1, 20...

March 20, 2025 678 Views 0 comment Print


Right to appointment of an Arbitrator does not get automatically forfeited after expiry of 30 days as prescribed under Section 11(4) & 11(5) of the Act – SC

January 20, 2012 4601 Views 0 comment Print

Denel (Proprietary Limited) Vs. GOI, Ministry of Defence (SC) – Exercising its powers under Section 11 (6) of the Arbitration and Conciliation Act, 1996 reiterated that right to appointment of an Arbitrator does not get automatically forfeited after expiry of 30 days as prescribed under Section 11(4) & 11(5) of the Act unless petition is filed for appointment of Arbitrator under Section 11(6) of the Act prior to appointment by opposite party. The SC appointed an independent Sole Arbitrator due to apprehensions of bias and impartiality, contrary to the clauses of the contract necessitating appointment of DGOF or government servant, as the Sole Arbitrator. 

In case of default by the employer by an exempted establishment, in making its contribution to the Provident Fund Section 14B of the Act will be applicable – SC

January 20, 2012 1657 Views 0 comment Print

RPFC Vs. The Hooghly Mills Co. Ltd. & Ors.(SC) – .The question which falls for consideration before this Court in this case is whether the employer of an establishment which is an ‘exempted establishment’ under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (hereinafter, ‘the Act’ ) is subject to the provisions of Section 14B of the said Act whereby in cases of default in the payment of contribution to the provident fund, proceedings for recovery of damages can be initiated against the employer of such an ‘exempted establishment’. The question was raised by the respondent before the High Court and both the Single Bench and the Division Bench of the High Court have recorded a finding in favour of the respondent and held that the respondent being an ‘exempted establishment’ cannot be subjected to the provisions of Section 14(B) of the Act.

Corporate Affairs Minister calls for Making Country’s Growth more Inclusive

January 19, 2012 462 Views 0 comment Print

Union Corporate Affairs Minister Dr. M.Veerappa Moily has called for making country’s growth more inclusive – a growth that benefits all regions and all sections of our society, particularly the poor and the under-privileged. Dr. Moily was addressing the 1st National Conclave on Corporate Social Responsibility here in New Delhi today. He said Corporates’ social responsibility is a matter intrinsically ingrained in the Constitution of India which envisages an economic development that does not result in the concentration of wealth and means of production to the common detriment and that material resources of the community are so distributed as best to subserve the common good.

Insurance – Standard Instructions and Guidelines Applicable for Approval/Renewal of Agents Training Institutes

January 11, 2012 715 Views 0 comment Print

Circular no. IRDA/AGTS/CIR/GLD/017/01/2012, A. As per clause 3 (b) of the guidelines only entities registered as Company under the Companies Act, 1956 and Societies and Trusts registered under Societies Registration Act shall be eligible to apply for accreditation as ATIs. The following is added in the above clause:

If the working condition and responsibilities and nature of duties are same than all staff should be equally paid -HC

January 10, 2012 1394 Views 0 comment Print

Central Provident Fund Commissioner Vs. Central Provident Fund Employees’ Union (Delhi HC)- Though some merit is found in the contention of the petitioner employer that the award does not render any finding of parity in educational qualification, method of recruitment, duties and responsibilities of the Assistants/Stenographers/Hindi Translators/Superintendents employed with the petitioner employer and persons with the same designation in the Central Secretariat and a perusal of the records of the

‘Red Label’ cannot be trade mark as words are common to the trade and not distinctive

January 10, 2012 4625 Views 0 comment Print

Hindustan Unilever Limited Vs Girnar Exports (IPAB)- The four appeals are against the orders passed by the Deputy Registrar, Trade Marks at Chennai in three proceedings and the Deputy Registrar at Kolkata in one. The mark is Red Label. Application No. 397359 is for registration of the mark which is a label consisting of the word Red Label with a colour scheme of red and yellow in Roman and Arabic character in respect of tea (Class 30) which is the subject matter of TA/47/2003/TM/CH.

Guidelines on Handling of Court Cases and Other Litigation Matters Relating to Sezs

January 9, 2012 1985 Views 0 comment Print

In all other matters, the concerned DC, SEZ should take all necessary steps, including consultation with Government Counsel and represent the matter before the relevant Court on behalf of UoI also.

If refrence to BIFR was rejected in previous years on merits then fresh references in subsequent years should not be mechanically entertained

January 6, 2012 1525 Views 0 comment Print

Present case appears to be one where prima facie the provisions of Section 22 of the SICA are taken undue advantage of. Therefore, at least in those cases where the reference was rejected in previous years on merits by the BIFR, guidelines can be issued to ensure that fresh references in subsequent years should not be mechanically entertained. Learned counsel for the respondent may be right in contending that while registering the references, the Registrar cannot act as quasi judicial authority which is the function of the Board.

Govt to notify 100% FDI in single-brand retail soon

January 6, 2012 415 Views 0 comment Print

The government says it will soon notify 100 per cent foreign direct investment in single-brand retail. Secretary in the Department of Industrial Policy and Promotion (DIPP) P K Chaudhery said this in response of a question about issuance of notification of 100 per cent FDI in single-brand retail.

Insurance – Clarification on the Guidelines for Pension Products

January 5, 2012 838 Views 0 comment Print

The IRDA had issued guidelines for pension products vide its circular dated November 8, 2011 and insurance companies were required to withdraw all insurance products which do not conform to the guidelines with effect from January 1, 2012. In accordance with this circular, insurance companies had filed 22 revised products as on date out of which 21 products were filed only in the month of December 2011 and of which the largest number were filed in the last week of December 2011. During examination of the products, certain insurers have sought clarifications and in that context, the IRDA issues clarification on clause (17) of the Circular dated November 8, 2011 as follows:

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