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Corporate Law : The article explains how the Constitution (One Hundred and Sixth Amendment) Act, 2023 introduced one-third reservation for women i...
Corporate Law : The piece states that replacing Annamalai as Tamil Nadu BJP President disrupted the partys long-term growth strategy. It suggests ...
Corporate Law : The Allahabad High Court observed that criminal case delays are caused not only by judicial officers but also by inadequate infras...
Corporate Law : LMPC Compliance regulates packaging, labeling, and sale of packaged commodities under the Legal Metrology framework in India. Busi...
Corporate Law : The Delhi High Court quashed a POCSO FIR after noting that the relationship was consensual and the parties were married with a chi...
Corporate Law : The Union Cabinet approved ECLGS 5.0 to provide guaranteed emergency credit support to MSMEs, non-MSMEs, and airlines facing liqui...
Corporate Law : The notification prohibits manufacturers acting as GATCs from charging fees for verifying their own products. It also caps re-veri...
Corporate Law : The initiative addresses delays in disaster communication across regions. The system enables instant, geo-targeted alerts using mo...
Corporate Law : The issue concerned operationalising a ₹10,000 crore startup fund. It was established that routing investments through AIFs ensu...
Corporate Law : The amendments replace the consultation committee with CoC oversight, giving creditors greater control over liquidation decisions....
Corporate Law : The Andhra Pradesh High Court held that an Insurance Company cannot avoid liability without producing evidence showing absence of ...
Corporate Law : The Bombay High Court directed constitution of a special NCLT Bench after an insolvency petition remained pending despite being re...
Corporate Law : Gujarat High Court quashed tax orders after holding that three hearing dates cannot be treated as three adjournments under Section...
Corporate Law : Bail was granted in a spurious cancer drug case under Prevention of Money Laundering Act (PMLA) as there was no clear link between...
Corporate Law : NCLT Mumbai held that protections available under the MSMED Act and RBI revival framework do not bar initiation of CIRP once finan...
Corporate Law : PFRDA clarified that Pension Agents working with multiple Points of Presence must be identified through PAN for better traceabilit...
Corporate Law : PFRDA has expanded the NPS Sanchay incentive framework to include CSC-VLEs, BCs/Pension Sakhis, and PACS operating through PoPs. T...
Corporate Law : The order highlights that delayed applications, late progress reports, and non-compliance with filing requirements amounted to ser...
Corporate Law : PFRDA has introduced NPS Sanchay as a simplified National Pension System variant aimed at expanding pension coverage for India’s...
Corporate Law : The circular clarifies that SEBI regulations on insider trading, self-dealing, and front running will apply to all NPS investment ...
The Department of Industrial Policy and Promotion (DIPP) under the ministry of commerce and industry has disagreed with the Union finance ministry’s view that there is need to regulate investment in sectors with foreign investment caps in respect of those companies which despite being technically “owned and controlled by Indians” as defined in Press Note 2, still leave scope for indirect foreign control.
I am directed to say that references have been received in this department seeking clarification on the currency in which NFE is to be calculated. The matter has been examined in this department and it is clarified that NFE is to be calculated in rupee terms only.
In exercise of the powers conferred by clauses (zb), (zc), (zd), (ze), (zf), (zg), (zh), (zi) and (zj) of sub-section (2) of Section 55 of the Special Economic Zones Act, 2005 (28 of 2005) read with Section 31, the Central Government hereby makes the following rules, namely :—
The Budget 2009-10 has introduced the provisions regarding taxation aspect of the newly introduced form of business Limited Liability Partnership. As per the Budget 2009-10 a limited liability partnership (LLP) will be taxed on the same lines as partnership firms — this would mean taxation of profit in the hands of the entity; the partners will be exempted.
Register yourself on the website of Ministry of Corporate Affairs, developed for LLP services, i.e. www.llp.gov.in. This website may also be accessed through the website of the ministry www.mca.gov.in. On the home page of the URL www.llp.gov.in click “Register” tab on top right hand corner of the page.
Medico-legal reports cannot be refused under the RTI Act, the CIC has held saying unlike normal medical cases, they are not prepared at the instance of the patient but are legal requirement.“Medico legal cases (MLCs) are indeed legal requirements in criminal cases and not prepared at the instance of the patient but to record injuries inflicted on a person, to be used by courts in criminal proceedings and hence are not held in fiduciary relation with the patient and that refusal of information under Section 8(1)(e) is unsustainable,” Information Commissioner Annapurna Dixit said.
The government is working to bring limited liability partnerships (LLPs) within the scope of foreign direct investment guidelines, a move which will facilitate the inflow of overseas capital through a corporate structure that has just recently been allowed in India.
The Union Budget 2009 presented by the Hon’ble Finance Minister, Mr. Pranav Mukherjee , inter alia also provided the much awaited tax treatment for the new corporate business vehicle viz., Limited Liability Partnerships (LLP). With this proposal, the unclear picture surrounding the tax aspects of LLPs seems to have been cleared.
Introduction: Amidst WTO & GATS, Special Economic Zones have attained a centre stage. The Central Government has enacted the SEZ Act with the major objective of generation of additional economic activity, promotion of export of goods and services, investment from domestic and foreign sources and creation of employment opportunities. This Act is unique as it […]
Introduction: This legislation may be termed as one of the rarest legislations in the Indian Legal History which provides for setting out the practical regime of ‘Right to Information’ for Citizens to secure access to information under the control of public authorities and in order to promote transparency & accountability in the working of every public […]