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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


Firm to LLP Conversion: Process, Eligibility and Compliance

Corporate Law : Learn the process to convert a firm into an LLP under the LLP Act, 2008, including eligibility, required forms, compliance, and ta...

November 26, 2024 246 Views 0 comment Print

Magistrates Must Ensure that Guilty Pleas are Voluntary & Well-Advised: Madras HC

Corporate Law : Madras HC highlights the need for judicial magistrates to ensure guilty pleas are voluntary, informed, and supported by legal coun...

November 26, 2024 123 Views 0 comment Print

Disrespect to Constitution Through Words or Acts is an Offense: Kerala HC

Corporate Law : Kerala HC mandates probe into remarks by ex-minister Saji Cherian allegedly disrespecting the Constitution, emphasizing the Preven...

November 26, 2024 237 Views 0 comment Print

Inadmissible Confessions in Depositions May Influence Trial Courts: SC

Corporate Law : Supreme Court highlights risks of trial courts being influenced by inadmissible police confessions in prosecution witness depositi...

November 26, 2024 156 Views 0 comment Print

Bihar Liquor Ban Criticized by Patna HC in Key Judgment

Corporate Law : Patna HC finds Bihar Prohibition Act misused for personal gains by officials, impacting the poor. Suspension of a police inspector...

November 23, 2024 342 Views 0 comment Print


Latest News


NFRA Recommends Auditing Standards for LLPs

Corporate Law : NFRA recommends 40 Auditing Standards for LLPs under the LLP (Amendment) Act 2021, effective from April 2026, for approval by the ...

November 26, 2024 1809 Views 0 comment Print

Ministry Directs EPFO to Ensure UAN Activation via Aadhaar OTP for Employees

Corporate Law : EPFO directs employers to activate UAN for employees via Aadhaar OTP to ensure access to benefits under government schemes by Nove...

November 23, 2024 447 Views 0 comment Print

IBBI Proposes Revisions to Grievance and AFA Timelines

Corporate Law : IBBI seeks feedback on revising grievance redressal, disciplinary framework, and AFA timelines to enhance clarity and operational ...

November 21, 2024 75 Views 0 comment Print

Proposed Monitoring Committees Under CIRP: Discussion Paper

Corporate Law : IBBI proposes mandatory monitoring committees in CIRP for smoother implementation of resolution plans as per SC's recommendations....

November 21, 2024 168 Views 0 comment Print

CBDT Launches Awareness Campaign on Foreign Asset Disclosure

Corporate Law : CBDT starts a campaign for AY 2024-25 to assist taxpayers in accurately reporting foreign assets and income in ITR under Black Mon...

November 19, 2024 849 Views 0 comment Print


Latest Judiciary


Light Motor Vehicle and Transport Vehicles are not entirely separate class for licensing purpose: Supreme Court

Corporate Law : Supreme Court held that a driver holding a license for Light Motor Vehicle (LMV) class, under Section 10(2)(d) for vehicles with a...

November 26, 2024 24 Views 0 comment Print

Eligibility criteria of recruitment cannot be changed midway during recruitment process: Supreme Court

Corporate Law : Supreme Court held that eligibility criteria, notified at the commencement of the recruitment process, cannot be changed midway th...

November 26, 2024 39 Views 0 comment Print

Non-delivery of plots and delay is not an anti-competitive behavior: CCI  

Corporate Law : CCI closes the case on allegations against Greenbay Infrastructure for unfair practices and non-delivery of plots under the Compet...

November 26, 2024 33 Views 0 comment Print

Premium amount or lease rent is not part of section 14(1)(d) of IBC: NCLAT Delhi

Corporate Law : M/s Concord Infrastructure Pvt. Ltd. (Operational Creditor) filed an application u/s. 9 of the Insolvency and Bankruptcy Code, 201...

November 25, 2024 252 Views 0 comment Print

Claim of compassionate appointment is not vested right: Supreme Court

Corporate Law : This Appeal has been preferred by the son of Shri Jai Prakash, a deceased constable in Haryana Police, seeking appointment on comp...

November 25, 2024 63 Views 0 comment Print


Latest Notifications


IBBI suspends IP for failing to act in homebuyers’ interest during CIRP

Corporate Law : IBBI issues a disciplinary order against Praveen Kumar Agrawal, an Insolvency Professional, for failing to act in homebuyers' inte...

November 24, 2024 786 Views 0 comment Print

EPFO Mandates UAN Activation for ELI Scheme Benefits

Corporate Law : EPFO requires UAN activation and Aadhaar-bank seeding for ELI Scheme benefits under DBT. Employers must comply by November 30, 202...

November 23, 2024 1908 Views 0 comment Print

Retrospective amendment of Employees’ Deposit Linked Insurance scheme, 1976

Corporate Law : EDLI Scheme amendment revises assurance benefits for deceased employees’ nominees, effective retrospectively from April 28, 2024...

November 22, 2024 510 Views 0 comment Print

Revised Guidelines for Capital Restructuring of CPSEs

Corporate Law : The Ministry of Finance issues updated capital restructuring guidelines for CPSEs to align with market evolution and improve opera...

November 21, 2024 405 Views 0 comment Print

RTI Act: Respondent’s Obligation Limited to Information ‘Held or Controlled’ by Public Authority

Corporate Law : An RTI appeal challenging IBBI's refusal to disclose information under Sections 8(1)(d) and (e) of the RTI Act was dismissed....

November 19, 2024 339 Views 0 comment Print


Faq on Employees' Family Pension Scheme, 1971 and Employees Pension Scheme,1995

August 27, 2008 41372 Views 14 comments Print

Who will be covered by the Pension Scheme? Every member of the ceased Family Pension Scheme 1971 and anyone who joins any covered establishment on or after 16-11-95 is compulsorily to join this scheme, provided his/her salary/wage is less than Rs. 6500/- per month at the date of appointment.

Enhancing MSE Supplier Identification: Key MSME Policy Update

August 26, 2008 633 Views 0 comment Print

Discover the latest MSME policy urging MSEs to include EM numbers on documents for better identification and compliance with income tax provisions.

Validity of sale agreement executed on two stamp papers purchased on different dates and more than six months prior to date of execution

February 19, 2008 9018 Views 0 comment Print

Civil – Specific performance – Validity of – Stamp paper – Opinion of experts – Section 54 of the Indian Stamp Act, 1899 – Indian Stamp Rules, 1925 – Section 45 of the Indian Evidence Act, 1872 – Plaintiff-Appellant alleged that the First Defendant agreed to sell suit property by an agreement and received some amount as advance – Plaintiff issued a notice to execute the sale deed and receive the balance amount – Defendant denied the agreement and executed the sale deed in favour of Second Defendant – Plaintiff filed a suit for specific performance – Defendant contended that the sale agreement put forth by the Plaintiff was forged and concocted – Trial Court dismissed the suit on the ground that the sale put forth by Plaintiff was false –

Right to Information Act, 2005 (RTI)

January 28, 2008 2979 Views 1 comment Print

It comes into force on the 12th October, 2005 (120th day of its enactment on 15th June, 2005). Some provisions have come into force with immediate effect viz. obligations of public authorities [S.4 (1)], designation of Public Information Officers and Assistant Public Information Officers[S.5( 1) and 5(2)], constitution of Central Information Commission (S.12 and 13), constitution of State Information Commission (S.15 and 16), non-applicability of the Act to Intelligence and Security Organizations (S.24) and power to make rules to carry out the provisions of the Act (S.27 and 28).

Mere mention of corruption can't bring intelligence under RTI

January 16, 2008 444 Views 0 comment Print

A mere allegation of corruption not backed by credible evidence would not be sufficient to direct the country’s intelligence organisations to reveal information under the RTI Act, the Central Information Commission (CIC) has held.

RTI Act – Income Tax Department determined to deny information – fails in second Appeal

January 3, 2008 841 Views 0 comment Print

JUST a week ago, we carried a story and case where a Single Bench of the Delhi High Court had taken serious note of the lackadaisical approach of the Department in releasing the information. The High Court had directed the department to furnish the information within two weeks.

Citizens cannot question government policies and plans

December 18, 2007 444 Views 0 comment Print

The Central Information Commission (CIC) has held that citizens cannot question government policies and plans by utilising the Right to Information Act. The Commission noted this while dismissing an application filed by a Mumbai resident Amin Merchant who had sought information from Finance Ministry as to why certain tariff policy was framed by the Centre.

No export obligation burden on SEZs

November 22, 2007 598 Views 0 comment Print

There is good news in store for SEZ units. The government is likely to put on hold its plan of placing an export obligation on units operating in SEZs. The commerce department has suggested to the finance ministry that the government should consider imposing an export obligation only if exports from such zones fall below a threshold limit in the coming years. While the government was deliberating making it compulsory for all SEZs to export 51% of what they produce, the present average export figures of SEZs is much higher at 82%.

Scrutiny of I-T return, why's not for you to ask

November 22, 2007 1556 Views 0 comment Print

Has your income-tax return been picked up for scrutiny by the income-tax department? You may not get to know the reason. The department is against bringing scrutiny under the purview of the Right To Information (RTI) Act. This means an assessee will not have the right under the RTI Act to ascertain as why his case was selected for scrutiny by the department.

No-Claim Certificate issued post due deliberations cannot be voided by party claiming duress

November 21, 2007 843 Views 0 comment Print

The Hon’ble Court held that the fact that parties were in discussions on the issue of payment for the extra work items undertaken by the Appellant and the exact work to be executed where-after the Respondent submitted its final bill followed by the No-Claim Certificate would be “clear cut evidence” to show that there was an accord on all disputes between the parties which was arrived at after protracted correspondence and claims in respect of the disputes settled in the accord could not have been raised and the accord reopened.

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