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Corporate Law : Himachal Pradesh HC stresses the need for police and prosecutors to avoid selective evidence and uphold justice, ensuring innocent...
Corporate Law : Insights into recent Supreme Court and High Court judgments on IBC cases, covering corporate guarantees, auction timelines, liquid...
Corporate Law : Bombay High Court rules that a woman entering a hotel room with a man does not imply her consent for sex. Court orders trial to pr...
Corporate Law : Explore the effectiveness of India’s environmental laws, the role of judiciary, regulatory agencies, and the challenges faced in...
Corporate Law : Explore India's obscenity laws, their historical context, key cases, and how they balance societal values with individual freedoms...
Corporate Law : IBBI proposes changes to improve real estate insolvency under IBC, addressing issues like CoC representation, land allotment, and ...
Corporate Law : IRDAI revises regulations for the Insurance Advisory Committee, enhancing meeting flexibility and clarifying advisory roles. Publi...
Corporate Law : IRDAI proposes updates to re-insurance committee regulations, introducing flexibility in meetings and member resignation or remova...
Corporate Law : IRDAI proposes amendments to its meeting regulations to enhance clarity and efficiency, including changes to meeting frequency, no...
Corporate Law : IBBI suggests mediation for operational creditors before Section 9 insolvency filing, aiming to reduce disputes and expedite case ...
Corporate Law : Meghalaya High Court didn’t entertained petition under Article 226 of the Constitution, for demand raised by EPF authorities for...
Corporate Law : Assessee- TAAI filed the appeal under Section 53B of the Competition Act, 2002, challenging the Competition Commission of India‘...
Corporate Law : Kerala High Court held that transferring 1st floor of the building to wife for reducing limit below prescribed threshold limit for...
Corporate Law : Madras High Court directed depositing of 25% to be deposited via electronic cash register since petitioner failed to participate i...
Corporate Law : Supreme Court while adjudicating matters emphasized the need to follow the legal framework laid down by statutory provisions for t...
Corporate Law : The Ministry of Home Affairs lists reasons for denial of FCRA registration and renewal applications, clarifying common issues like...
Corporate Law : IRDAI drafts new regulatory sandbox amendments to encourage insurance sector innovation and streamline compliance. Public comments...
Corporate Law : IRDAI proposes new regulations for insurers to maintain and share information securely. Comments requested by November 20, 2024....
Corporate Law : Govt clarifies that a daughter’s name cannot be deleted from a pensioner’s family record, with eligibility for family pension ...
Corporate Law : The Department of Pension announces a Dearness Relief hike to 53% for Central Govt pensioners and family pensioners, effective Jul...
Though the government has initiated the process of registering Limited Liability Partnership (LLP) firms, it would take a while before the chartered accountant (CA), company secretary (CS) and cost accounting firms convert to LLPs. The three regulators — Institute of Chartered Accountants of India (ICAI), Institute of Company Secretaries of India (ICSI) and Institute of […]
LLP Act comes into effect from 01.04.2009 but legal and tax hurdles remain The Ministry of Corporate Affairs (MCA) has started registering firms under the newly-enacted Limited Liability Partnership (LLP) Act. However, a flow of applications is unlikely till tax laws are changed, say experts. At present, the Income Tax Act does not recognise LLP […]
The legal consultants Handoo and Handoo have become the first Limited Liability Partnership firm of India, a new form of business structure where the partners’ liability is limited to the extent of their stake, introduced by the governemnt from April 1. Delhi-based R K Handoo and Associates is the first LLP that has opted for the LLP form of entity. […]
The Central Information Commission feels that details of property belonging to government servants and even judges of the high courts and the Supreme Court are subject to the purview of the Right To Information (RTI) Act but some government departments, including the Income-Tax department, seem to think otherwise.
The Central Government has issued a Notification („subject Notification?) granting exemption from service tax in respect of the taxable services which are provided in relation to the authorized operations in a Special Economic Zone (SEZ) and are received by a developer or a unit of an SEZ. This Notification supercedes the earlier exemption granted in […]
It’s a move that is bound to raise the hackles of the special economic zones (SEZ) lobby. On Tuesday, the Finance Ministry came out with a new notification on the levy of service tax for SEZ developers and units. As per the new norms, SEZ developers and units will get an exemption on service tax. […]
Special Economic Zones (SEZ) units and developers will now be able to claim refund for tax paid on all input services, irrespective of whether they are consumed inside or outside the zone. The government’s decision to refund taxes implies that all developers and units in SEZs will now have to first pay a tax on […]
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This is one problem litigants across the country face when they try to procure certified copies of court orders. Their applications get stuck in red tape and they have to wait for months to get the copies. In many cases, officials summarily refuse to give the papers, saying the matter is sub-judice.But an order passed by the Central Information Commission (CIC) may bring relief to litigants; it said citizens can use the Right To Information route to get even certified copies of court papers.
The guidelines on transfer of ownership or control of Indian companies in sectors with caps from resident Indian citizens to non-resident entities would ensure that, in sectors with caps, Government approval/FIPB approval would be required in all cases where an Indian company is being established with foreign investment and is owned or controlled by a non-resident entity; or the ownership or control of an existing Indian company,
