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Corporate Law : Understand tax, valuation, and GST implications in the takeover of a proprietorship firm by a private limited company under Indian...
Corporate Law : Supreme Court rules Urdu can be used on public signboards, clarifying it is not tied to any religion and has equal status with Mar...
Corporate Law : Allahabad HC: Anticipatory bail under BNSS is applicable in Gangsters Act cases initiated before July 1, 2024, if arrest apprehens...
Corporate Law : Explore privacy and legal concerns around facial recognition in India, and the need for a clear regulatory framework to manage its...
Corporate Law : Learn about Dividend Distribution Policy, its importance, factors affecting dividend payout, and the balance between retention and...
Corporate Law : IBBI's First Appellate Authority dismisses Ravinder Aggarwal's RTI appeal seeking details on MSA Developers' resolution plan imple...
Corporate Law : India's IBC shows significant recovery rates. 8,000+ CIRPs initiated, with 3,485 debtors rescued. Learn about amendments & reforms...
Corporate Law : EPFO adds 15 banks for employer contributions, expanding to 32 banks. The move aims to enhance efficiency and reduce transactional...
Corporate Law : DoT and MHA take steps to curb telecom frauds, block spoofed calls, and promote cybercrime reporting through NCRP and Sanchar Saat...
Corporate Law : CBDT signed 174 Advance Pricing Agreements in FY 2024-25, including a record number of bilateral agreements, to improve transfer p...
Corporate Law : Supreme Court held that in the case under Section 138 of the Negotiable Instruments Act, 1881 [NI Act], complainant is not require...
Corporate Law : On pursuits by the resolution professional the earlier notices issued by the Respondent Authority in regard to the Hotel were prov...
Corporate Law : Supreme Court affirms that an agreement to 'conduct' a hotel business does not automatically confer tenancy rights under the Bomba...
Corporate Law : A Rajendra Vs Gonugunta Madhusudhan Rao & Ors (Supreme Court of India) The Supreme Court of India has upheld an order by the N...
Corporate Law : Supreme Court upheld Karnataka High Court's decision, declaring a single satisfaction note for multiple years under Section 153C i...
Corporate Law : The Government of India has increased the Dearness Relief for Central Government Pensioners and Family Pensioners to 55% effective...
Corporate Law : The government has announced an increase in Dearness Relief for 5th CPC series CPF beneficiaries receiving basic ex-gratia payment...
Corporate Law : IBBI's First Appellate Authority disposes of RTI appeals concerning information on actions against a Resolution Professional and C...
Corporate Law : IRDAI warns Heritage Health Insurance TPA for closing claims and issuing repudiations directly, violating regulations. Action repo...
Corporate Law : IRDAI warns Heritage Health TPA for non-compliance in claims handling. Advisory issued to follow regulations in health insurance c...
Concerned over the plight of patients after withdrawal of the cashless treatment facility by some hospitals at the behest of PSU insurance firms, noted heart surgeon Naresh Trehan on Monday said all-out efforts are underway to resolve the issue.
The sectoral regulator Irda today said it has finalised the IPO guidelines for insurance companies and has referred the same to the capital markets watchdog Sebi for final approval which is expected soon.”We are expecting the guidelines shortly. We have given our observations. The matter is currently with the Securities and Exchange Board of India (Sebi),” Insurance Regulatory and Development Authority (Irda) chairman J Harinarayan told PTI.
The Employees Provident Fund (EPF) is expected to retain the interest rate for its six crore account holders at 8.5 per cent in 2010-11, with a formal announcement likely to be made in August.”I hope that the recommendation of 8.5 per cent by the Finance and Investment Committee of the EPFO will be retained,” Central Provident Fund Commissioner S Chatterjee told PTI.
The Cabinet is likely to consider the changes in the new Foreign Trade Bill to give a leg-up to exports. The Foreign Trade (Development and Regulation) Amendment Bill, which was introduced in the Rajya Sabha in 2009, was later referred to the standing committee of commerce.
The Vice President of India Shri M. Hamid Ansari has said that the RTI Act imposes new obligations on all stakeholders. The government is called upon to be more transparent and accountable in decision and policy making, and manage its records better. Addressing at the launch of “RTI Portal developed by Institute of Management in Government (IMG)” at Thiruvananthpuram (Kerala) today
The Commerce Ministry is likely to come out with strict norms for SEZ units engaged in recycling of plastic next week in wake of the Environment Ministry’s concern on illegal import of the hazardous waste. Businesses interested in setting up new plastic recycling units in Special Economic Zones (SEZs), would have to invest a minimum of Rs 1 crore in plant and machinery and export 80 per cent of the turnover by the fifth year of their operations.
The government will bring a bill in the monsoon session to seek Parliament’s sanction for the ordinance it issued to end the dispute between Irda and Sebi over regulation of unit-linked plans, or Ulips, of insurance companies. “The ordinance was approved at the highest level by the Cabinet and we are preparing to introduce the bill,” said a senior finance ministry official.
India Infrastructure Finance Company Ltd (IIFCL) has urged the Government to frame a bankruptcy code. Such a code should be introduced if the country wants to develop an infrastructure bond market, Mr S.K. Goel, Chairman and Managing Director, IIFCL, said here on Monday.
I have taken on rent particular premises. Later I entered into a partnership. The firm so formed is carrying on its business on the premises taken on rent by me. Does it amount to subletting? A. It does not amount to sub letting. When a person after taking premises on rent, enters into partnership firm to carry business, it did not amount to sub letting because the premises continues to remain in possession of the tenant.
The government has increased the existing limit of the Employees Deposit Linked Insurance amount from Rs 60,000 to Rs 1,00,000. The amount will be paid to the next of kin of an employee in case of his death. In a notification issued on June 18, the government in the newly modifed Employees’ Deposit Linked Insurance (Amendment) Scheme, 2010, said the benefits will be for employees of both the public and private sector.
