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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


J&K&L HC Quashes Preventive Detention of Nazir Ahmad Ronga

Corporate Law : The J&K&L HC quashed Nazir Ahmad Ronga’s detention under the Public Safety Act, citing vague allegations and lack of evidence, s...

March 18, 2025 147 Views 0 comment Print

Equity in Taxation: Principles of Fair Tax Systems

Corporate Law : Explore the equity principle in taxation, covering fairness, horizontal & vertical equity, progressive vs. regressive taxes, and g...

March 18, 2025 309 Views 0 comment Print

Assumption That Indian Woman Won’t File False Sexual Assault Case Incorrect: Kerala HC

Corporate Law : Kerala HC quashes rape case, stressing case-specific analysis of allegations. Assumption that women won’t file false sexual assa...

March 17, 2025 270 Views 0 comment Print

SC Must Take Note of the Need for Equitable High Court Benches in India

Corporate Law : Bihar, despite its population and legal challenges, lacks even one High Court Bench. Examining the disparity in bench distribution...

March 17, 2025 99 Views 0 comment Print

Legal Implications of Corporate Dividend Policy in India

Corporate Law : Explore the concept, types, and legal aspects of dividend policies in India, covering profitability, taxation, and shareholder eli...

March 17, 2025 468 Views 2 comments Print


Latest News


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 378 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 264 Views 0 comment Print

Issues Faced By Import-Export Companies Due To Falling Rupee Value

Corporate Law : Rupee depreciation affects imports and exports. RBI intervenes to manage volatility, using forex reserves to stabilize the currenc...

March 16, 2025 99 Views 0 comment Print

Govt Removes FIR Requirement for claims of share valued up to ₹5 lakh

Corporate Law : Clarification on share certificate claims under Rs. 5 lakh, legal heir acceptance, and applicant authenticity measures by the Inve...

March 16, 2025 252 Views 1 comment Print

IBC does not have provisions for declaring companies as “corrupt”

Corporate Law : Government clarifies the status of Barshi Textile Mills under IBC 2016, addressing worker payments, company status, and cooperativ...

March 16, 2025 240 Views 0 comment Print


Latest Judiciary


Gujarat HC Grants Bail in ₹537 Cr ITC Fraud

Corporate Law : Gujarat High Court grants bail to Pragnesh Manharbhai Kantariya in ₹537 crore fake transaction case, allowing conditional releas...

March 19, 2025 2103 Views 0 comment Print

Supreme Court Dismisses SLP on Delay in KIIT Case

Corporate Law : Supreme Court dismisses SLP by CIT (Exemptions) against KIIT due to a 504-day delay in filing. Development fees were treated as ca...

March 19, 2025 141 Views 0 comment Print

Supreme Court Rejects 1011-Day Delay in Second Appeal

Corporate Law : The Supreme Court overturned the Andhra Pradesh High Court's decision to condone a 1011-day delay in filing a second appeal, citin...

March 18, 2025 129 Views 0 comment Print

Police Can’t Act on Cognizable Offences Under Drugs & Cosmetics Act: SC

Corporate Law : Supreme Court rules on police authority in cognizable drug-related offences under Chapter IV of the Drugs Act, emphasizing the rol...

March 18, 2025 96 Views 0 comment Print

Penalties imposed by NCDRC are regulatory & not constitute debt under IBC: SC

Corporate Law : Supreme Court held that the penalties imposed by the National Consumer Disputes Redressal Commission [NCDRC] are regulatory in nat...

March 18, 2025 1854 Views 0 comment Print


Latest Notifications


IRDAI Appoints New Members to Insurance Advisory Committee

Corporate Law : IRDAI reconstitutes its Insurance Advisory Committee, appointing five new members. The notification takes effect from its publicat...

March 19, 2025 27 Views 0 comment Print

IBBI Circular: Disclosure of Carry Forward Losses in Information Memorandum

Corporate Law : IBBI mandates detailed disclosure of carry forward losses in the Information Memorandum (IM) to enhance transparency in corporate ...

March 17, 2025 126 Views 0 comment Print

FSSAI Mandates Form IX Updates & Introduces Auto-Approval

Corporate Law : FSSAI directs FBOs to update Form IX nominee details and enables auto-approval for Non-Form C modifications in FoSCoS from Februar...

March 16, 2025 858 Views 0 comment Print

Immigration and Foreigners Bill 2025, introduced in Lok Sabha

Corporate Law : The Immigration and Foreigners Bill 2025, introduced in Lok Sabha, consolidates laws on passports, visas, and foreigner registrati...

March 16, 2025 366 Views 0 comment Print

IRDAI Guidelines on Bond Forwards for Insurers

Corporate Law : IRDAI permits insurers to use Bond Forwards for hedging, subject to compliance with RBI directions, prudential norms, and operatio...

March 16, 2025 150 Views 0 comment Print


Press Note No. 2 (2011 Series) National Manufacturing Policy

November 6, 2011 910 Views 0 comment Print

The Government of India has announced a national manufacturing policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. It also seeks to empower rural youth by imparting necessary skill sets to make them employable. Sustainable development is integral to the spirit of the policy and technological value addition in manufacturing has received special focus.

National Manufacturing Policy

November 6, 2011 555 Views 0 comment Print

In the last two decades, Indian economy has witnessed a transformational change and has emerged as one of the fastest growing economies of the world. Industrial development in Independent India was catalysed by three major industrial policy resolutions of Government of India in 1948, 1956 and 1991, which provided a strong industrial base. Economic reforms unveiled in 1991, have brought about a structural shift enabling the private sector to assume a much larger role in all sectors of economy. However, the growth of GDP in India has largely been enabled by a dynamic growth in the services sector.

Amendment in Employees’ Pension Scheme, 1995 and in EDLI, 1976 for submission of E-returns

November 4, 2011 4353 Views 0 comment Print

Amendment in Employees’ Pension Scheme, 1995 and in Employees’ Deposit Linked Insurance Scheme, 1976 for submission of E-returns – HO No. Coord./40(1)2011/claim settlement/33462 dated 04/11/2011

SEZ – Section 4 Of The Special Economic Zones Act, 2005 – Calica Constructions And Impex Pvt. Ltd.

November 1, 2011 1855 Views 0 comment Print

Whereas, M/s. Calica Constructions and Impex Private Limited, a private organisation, had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a sector specific Special Economic Zone for Information Technology and Information Technology enabled services at Village Ognaj, Taluka Dascroi, District Ahmedabad in the State of Gujarat;

Non pecuniary damages also to be calculated in case of petition filed u/s. 166 of Motor Vehicles Act 1988 and compensation amount can exceed the claimed amount – SC

October 31, 2011 1654 Views 0 comment Print

Under the MV Act, there is no restriction that the Tribunal/court cannot award compensation amount exceeding the claimed amount. The function of the Tribunal/court is to award just compensation which is reasonable on the basis of evidence produced on record. Further, in such cases there is no question of claim becoming time-barred or it cannot be contended that by enhancing the claim there would be change of cause of action. It is also to be stated that as provided under sub-section (4) to Section 166, even the report submitted to the Claims Tribunal under sub-section (6) of Section 158 can be treated as an application for compensation under the MV Act. If required, in appropriate cases, the court may permit amendment to the claim petition.”

Corrigendum to Circular 2 of 2011 – Consolidated FDI Policy

October 31, 2011 1210 Views 0 comment Print

Circular 2 of 2011 was issued on 30th September, 2011. Para NO.3.3.2.1 of the above Circular hereby stands deleted. Erstwhile paragraph 3.3.2.1 of ‘Circular 2 of 2011’ went like this:

Altered Will Must be Signed by Testator – SC

October 31, 2011 1242 Views 0 comment Print

The Supreme Court has said that alterations made in the will by a person do not have legal sanctity unless corrections are executed in the same manner as was done in the case of the original documents. A SC bench said those claiming benefits under an altered will must prove with convincing evidence that the testator did make such alterations to the original will in conformity with the rules governing the Indian Succession Act.

Young Lawyers with no privileged background – an advice?

October 30, 2011 8050 Views 6 comments Print

Legal profession is a wonderful profession if young lawyers know as to how to succeed in profession. I have recently heard an interview of Shri Gopal Subramaniyam where he was emphasizing on various law colleges in the country apart from ‘National Law Schools’. He was clearing the doubts about the ‘Qualifying Examination’. On another occasion, I have heard him referring to the responsibilities of ‘Senior Advocates’ in profession and as to how the Senior Advocates should provide an opportunity to the young professionals who has no privileged background.

LLP – Reminder for filing Form 8 and Form 11

October 25, 2011 5302 Views 0 comment Print

All LLPs registered upto 30-September-2010 have to mandatorily close the financial year as on 31-03-2011 and file Form-11 by 30-May-2011 and Form-8 by 30- October-2011. LLPs registered from 01-10-2010 to 31-03-2011 have option either to close financial year as on 31-03-2011 or 31-03-2012 and to file Form-8 & 11 accordingly.

Role of Foreign Investment Promotion Board (FIPB)

October 21, 2011 7959 Views 0 comment Print

The Foreign Investment Promotion Board (FIPB) is a government body that offers a single window clearance for proposals on Foreign Direct Investment (FDI) in India that are not allowed access through the automatic route. FIPB comprises of Secretaries drawn from different ministries with Secretary, Department of Economic Affairs, MoF in the chair. This inter-ministerial body examines and discusses proposals for foreign investments in the country for sectors with caps, sources and instruments that require approval under the extant FDI Policy (prescribed vide Circular 1 of 2011) on a regular basis.

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