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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


Conveyance & Deemed Conveyance in Housing Societies

Corporate Law : Understanding conveyance & deemed conveyance in housing societies, legal provisions, benefits, and challenges under MOFA, RERA, an...

February 8, 2025 1785 Views 0 comment Print

Union vs Central vs State Government: Constitutional Analysis

Corporate Law : A critical analysis of Union, Central, and State governments under the Indian Constitution, highlighting legislative powers, finan...

February 8, 2025 123 Views 0 comment Print

Legal Challenges of Deep-Sea Mining: UNCLOS & Global Disputes

Corporate Law : Deep-sea mining faces legal uncertainties, environmental risks, and jurisdictional disputes. Learn about UNCLOS, ISA regulations, ...

February 8, 2025 54 Views 0 comment Print

SC: Arrest Illegal Without Reasons; Bail Granted if Article 22(1) Violated

Corporate Law : Supreme Court rules that failure to inform grounds of arrest violates Article 22(1), making the arrest illegal and warranting bail...

February 8, 2025 255 Views 0 comment Print

Careful & Cautious Approach in Dowry Harassment Allegation Cases Needed: SC

Corporate Law : The Supreme Court stresses careful scrutiny in dowry harassment cases to prevent legal misuse, ruling in favor of quashing baseles...

February 8, 2025 426 Views 0 comment Print


Latest News


Innovations in National Pension System and Its Accessibility

Corporate Law : The National Pension System (NPS) offers flexible, low-cost pension options with digital accessibility, aiming to expand coverage ...

February 8, 2025 129 Views 0 comment Print

ICAI Convocation 2025: 19,075 CAs Awarded Membership

Corporate Law : ICAI held its Convocation 2025 across 13 locations, awarding 19,075 Chartered Accountants with membership. The Governor of West Be...

February 8, 2025 777 Views 0 comment Print

Government’s Stance on IBC and Tax Revenue Impact

Corporate Law : The Indian government has not assessed the IBC’s impact on tax revenue loss and has no plans to amend tax priorities under insol...

February 6, 2025 27 Views 0 comment Print

Reforms in IBC: Proposed Amendments for Insolvency Processes

Corporate Law : IBBI proposes key amendments to CIRP, liquidation, and personal guarantor insolvency, aiming to enhance efficiency, transparency, ...

February 5, 2025 132 Views 0 comment Print

FIU-IND Fines Bybit ₹9.27 Crore for PMLA Violations

Corporate Law : FIU-IND imposed a ₹9.27 crore penalty on Bybit for violating PMLA compliance. The platform operated without registration, leadin...

February 2, 2025 249 Views 0 comment Print


Latest Judiciary


CBDT Approval Must Be Explicit for Valid Orders: Bombay HC

Corporate Law : Bombay HC quashes order by Additional CIT, emphasizing CBDT or its members must explicitly issue orders under Section 119(2)(b) of...

February 9, 2025 30 Views 0 comment Print

NCLAT Rejects IBC Section 9 Plea Against Hindustan Unilever Ltd (HUL)

Corporate Law : NCLAT upholds rejection of IBC Section 9 application against HUL, citing pre-existing disputes and claims below the Rs. 1 crore th...

February 8, 2025 108 Views 0 comment Print

Liquidation Withdrawal Allowed if CoC Permits CIRP Time Extension: NCLAT Delhi

Corporate Law : NCLAT Delhi upheld the CoC's decision to extend CIRP and withdraw liquidation, rejecting the appeal against the Resolution Profess...

February 8, 2025 48 Views 0 comment Print

Liquidation proceeds to be distributed in proportion to admitted claim of secured creditors

Corporate Law : NCLAT Delhi held that distribution of liquidation proceeds has to be in proportion to the admitted claim of secured creditors as p...

February 8, 2025 51 Views 0 comment Print

Illegal Termination of Employment is a Civil Dispute, Not Criminal Intimidation: SC

Corporate Law : Supreme Court held that illegal termination of employment constitutes a civil dispute rather than criminal intimidation. According...

February 6, 2025 144 Views 0 comment Print


Latest Notifications


PFRDA Master Circular on Service Charges for NPS PoPs (Updated)

Corporate Law : PFRDA issues a master circular on service charges for PoPs under NPS (All Citizen & Corporate) and NPS-Lite, consolidating past ci...

February 7, 2025 69 Views 0 comment Print

IBBI suspends registration of Insolvency Professional for a period of three years

Corporate Law : IBBI issues a disciplinary order against Akash Shinghal for non-compliance with CIRP regulations. The case involves voting and CoC...

February 7, 2025 105 Views 0 comment Print

IBBI suspends IP for charging fees of 18 lakh against admitted claim of ₹10 lakh

Corporate Law : IBBI Disciplinary Committee reviews the case of Insolvency Professional Anil Kumar Mittal for excessive fees during CIRP proceedin...

February 4, 2025 4092 Views 0 comment Print

IBBI publishes syllabus for Phase 9 of Limited Insolvency Examination

Corporate Law : IBBI releases Phase 9 syllabus for Limited Insolvency Examination. Applicable from May 5, 2025, details available on the IBBI webs...

February 4, 2025 384 Views 0 comment Print

IBBI Amends CIRP Regulations 2025: Key Changes Explained

Corporate Law : The Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency Resolution Process for Corporate Persons (CIRP) Reg...

February 4, 2025 618 Views 0 comment Print


Court cannot amend or alter statutory provisions: SC

March 12, 2003 3966 Views 0 comment Print

The law is well settled that a person who claims exemption or concession has to establish that he is entitled to that exemption or concession. A provision providing for an exemption, concession or exception, as the case may be, has to be constructed strictly with certain exceptions depending upon the settings on which the provisions has been placed in the statue and the object and purpose to be achieved.

The Competition Act, 2002

January 13, 2003 838 Views 0 comment Print

The mention of the particular matters referred to in sub-sections (3) to (8) shall not be held to prejudice or affect the general application of section 6 of the General Clauses Act, 1897 (10 of 1897) with regard to the effect of repeal.

SC explain principles for amending an act retrospectively

July 12, 1994 9928 Views 0 comment Print

The Apex Court in Hitendra Vishnu Thakur v. State of Maharashtra (1994) 4 SCC 602 held that a law which affects the substantive rights of any of the parties, the law cannot be retrospective. Every party has a vested right in substantative law but no such right exists in procedural law.

Employee Joined as Trainee is Eligible for Gratuity

May 2, 1994 7854 Views 0 comment Print

The issue under consideration is whether the employee joined as a trainee is eligible for gratuity as per Payment of Gratuity Act, 1972?

Allowability of retrospective amendment which impairs existing right or obligation

February 14, 1989 3568 Views 0 comment Print

A retrospective operation is not to be given to a statute, so as the impair existing right or obligation otherwise than as regards matter of procedure unless that effect cannot be avoided without doing violence to the language of the enactment.

Benami Transactions (Prohibition) Act, 1988

September 5, 1988 23758 Views 0 comment Print

In 1973, the Law Commission of India after studying various Acts and prevailing benami system, recommended formulating an Act to tackle the issue. Accordingly, the Benami Transactions (Prohibition) Act, 1988 was enacted by the Parliament which came into force on 05.09.1988 and it prohibits benami transactions and the right to recover property held benami. The […]

The Standards of Weights and Measures (Packaged Commodities) Rules, 1977

September 26, 1977 47347 Views 2 comments Print

In exercise of the powers conferred by section 83 of the Standards of Weights and Measures Act, 1976 (60 of 1976), the Central Government hereby makes the following rules, namely:- 1. Short Title, Extent, Application and Commencement:- These rules may be called the Standards of Weights and Measures (Packaged Commodities) Rules, 1977. 2) They shall extend to the whole of India

UOI & others vs. Ogale glass Works – Supreme Court -1971 AIR 2577

September 1, 1971 1548 Views 0 comment Print

Hon’ble Supreme Court in the case of Union of India and others v Ogale glass Works 1971 AIR 2577 held that the award of industrial tribunal cannot stand in the way of enforcing the statutory provision cast on the Regional Provident Fund Commissioner under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.

Employees’ Provident Funds and Miscellaneous Provisions Act, 1952

March 4, 1952 3109 Views 0 comment Print

Short title, extent and application.- (1) This Act may be called the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) Subject to the provisions contained in section 16, it applies – (a) to every establishment which is a factory engaged in any industry specified in Schedule I and in which twenty or more persons are employed and

Resolution Plan cannot be rejected merely for receipt after Cut-Off Date

February 21, 1201 10356 Views 0 comment Print

Spirit of the Code is first and then comes the other things. The rejection of the Resolution Plan by the CoC even without opening the envelope containing the Resolution Plan on the ground that the same is submitted after the expiry of the stipulated time fixed by the CoC, is certainly against the law/Code.

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