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Corporate Law : The Court examined whether prior orders and perceived bias justified recusal and held they did not. It ruled that unsubstantiated ...
Corporate Law : The paper examines whether recent labour law reforms deliver real gender equality or merely formal compliance. It concludes that d...
Corporate Law : Explains that outsourcing does not transfer legal responsibility under the DPDP Act. Data fiduciaries remain fully liable for vend...
Corporate Law : The issue highlights mandatory annual return filing for LLPs. The key takeaway is that delayed filing attracts heavy daily penalti...
Corporate Law : The issue explains how businesses qualify as local suppliers under procurement rules. The key takeaway is that proper local conten...
Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....
Corporate Law : The proposal focuses on enabling creditors to initiate resolution while retaining debtor management under supervision. It sets out...
Corporate Law : The amendments arise from the inclusion of a unified “service provider” definition under the Code. The move expands regulatory...
Corporate Law : The issue addressed is ambiguity in authentication and evidentiary value of financial information in insolvency cases. The propose...
Corporate Law : The proposal aligns grievance regulations with the newly introduced definition under the amended Code. It aims to ensure uniform a...
Corporate Law : The court directed payment for restoration costs after authorities admitted using private land. It held that such use affecting la...
Corporate Law : Allegations of an implied anti-competitive agreement between a regulator and a software provider were rejected. The Commission fou...
Corporate Law : The Court held that repeated dishonour of cheque and non-payment after notice established a prima facie case. It refused to quash ...
Corporate Law : Bank of India Vs Neurostar Hospital Private Limited (NCLT Mumbai) The application was filed under Section 7 of the Insolvency and ...
Corporate Law : The Tribunal held that appeals filed beyond the statutory 45-day limit cannot be entertained. It ruled that delay exceeding the co...
Corporate Law : The authority held that confusion arising from interim orders did not absolve the professional from taking proactive steps. The ca...
Corporate Law : IRDAI delegates Section 34 powers between Whole Time Members and Chairperson. The move aims to streamline enforcement actions and ...
Corporate Law : The Bill mandates seat allocation using updated census figures, replacing decades-old data. It ensures fair representation aligned...
Corporate Law : The notification addressed mandatory reinsurance cession for general insurance policies. It mandates 4% cession to GIC Re, ensurin...
Corporate Law : The government approved a major fund to enhance startup funding through AIFs. The scheme aims to strengthen innovation, especially...
Laws are peculiar in their own ways and for the reasons best known to the judicial system of India. The experiences faced in the real life are presented to understand the gravity of the above question. In a cheque bounce case, the court postponed the hearing on several occasions for one or other reason. Each time, the banker promptly attended the case as a witness to the duel.
The Government has not issued any guidelines regarding minimising daily financial transactions in cash to curb money laundering, black money and so on. However, the plans of Government to render black money and fake notes circulating in the market ineffective are as under: –
We have a World Bank report on the ease of doing business and also it is not a denying fact that World Bank report on India is the best available analysis of doing business in India. But the ground reality is different from what we witness on papers. For company registration, the World Bank report still considers the old registration process while India has already launched the new registration process.
Considering the reality of industrial practices as well as the wage security for the contract workers, proposal for rationalization of wages for contract workers, so as to ensure that the minimum monthly wage of such workers does not fall below Rs. 10,000/-, was under consideration of the Government.
Repealing and Amending Act, 2016 repeal 295 Acts and make minor amendments to (i) the Sexual Harassment of Women at the Work Place (Prevention, Prohibition and Redressal) Act, 2013, and (ii) the Governors (Emoluments, Allowances and Privileges) Amendment Act, 2014.
Hon’ble presidents has given his assent to the Appropriation Acts (Repeal) Act, 2016 as passed by Rajya Sabha on 27.04.2016. The Act repeal 758 Appropriation Acts, including Appropriation Acts for the railways, passed during the period of 1950-2012. These laws have ceased to be in force after one year of their enactment, and are hence obsolete. Out of the 758 acts, 111 state appropriation acts enacted by Parliament during 1950 to 1976 are repealed.
The Insolvency and Bankruptcy Code, 2015 was Introduced in Lok Sabha on 21.12.2015 and it is passed by Lok Sabha after Various discussion on 05.05.2016. The bill was edited by Joint Committee of Parliament on Insolvency and Bankruptcy Code, 2015. Joint committee has given its Report on Insolvency & Bankruptcy Code, 2015 on 28.04.2016.
Amit Jain This is in continuation of the previous article on the start ups, wherein we try to throw more light on the subject. Also, we have received several queries from the article which we try of answer herewith. In the outset we do clarify that the GOI has not come up with any clarification […]
In Sikh Gurdwaras Act, 1925 in section 49, for the proviso, the following proviso shall be substituted, namely:— Provided that no person shall be registered as an elector who—(a) trims or shaves his beard or keshas; (b) smokes; and (c) takes alcoholic drinks.
MCA has ordered investigations through SFIO U/s. 235 of the Companies Act, 1956 and Section 212 of Companies Act, 2013 into affairs of 187 companies (as on 13-04-2016) against whom complaints had been received regarding alleged collection of funds through MLM/ Ponzi activities from the people in different States of the country.