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Corporate Law : Learn the legal due diligence process, key review areas, challenges, and the role of corporate lawyers in business transactions an...
Corporate Law : Article examines LLM risks in tax practice and outlines a framework for verification, confidentiality, citation checks, and profes...
Corporate Law : A UAE visa or company does not establish tax residency. Tax depends on residence tests, income, management, and supporting evidenc...
Corporate Law : P&H HC refused regular bail under the UAPA, holding prima facie material linked the accused to the alleged conspiracy and funding ...
Corporate Law : Article examines persistent exam paper leaks, their causes, impact on students, and suggests technology, stricter enforcement, eth...
Corporate Law : PIB outlines the FCRA framework, proposed 2026 Amendment Bill and notified Rules covering registration, reporting, asset vesting a...
Corporate Law : PIB outlines the FCRA 2026 Amendment Bill and revised Rules, covering registration, reporting, asset vesting, renewal, investigati...
Corporate Law : DRI dismantled an alleged Mephedrone manufacturing facility in Ankleshwar, seized drugs, chemicals and ₹21 lakh, and arrested th...
Corporate Law : MSME Ministry outlines CGTMSE measures including ₹10 crore guarantee ceiling, reduced AGF, enhanced coverage and awareness initi...
Corporate Law : Government outlines FTAs, Export Promotion Mission, e-commerce export reforms and logistics initiatives to diversify export market...
Corporate Law : Supreme Court clarifies the nature of Section 26(1) proceedings, appealability of CCI directions, notice requirements, and the sta...
Corporate Law : Kerala High Court held the property was not partible, upheld mandatory injunction for vacant possession, and dismissed the partiti...
Corporate Law : HC allowed the appeal against conviction under Section 13(1)(e) of the Prevention of Corruption Act after examining investigation,...
Corporate Law : HC upheld quashing of a vague wilful defaulter notice but allowed fresh proceedings under the RBI Master Circular with proper part...
Corporate Law : Supreme Court dissolved marriage under Article 142 citing irretrievable breakdown after over a decade of separation, while allowin...
Corporate Law : Finance Ministry issues draft 2026 rules replacing “intermediary or insurance intermediary” with “insurance intermediary”;...
Corporate Law : Finance Ministry issues draft LIC General (Second Amendment) Rules, 2026 proposing omissions in Rules 14, 15, 16, 18 and 19; comme...
Corporate Law : Ministry of Finance issued Notification G.S.R. 653(E) proposing draft amendments to the Insurance Inquiry Procedure Rules, 2016; i...
Corporate Law : Ministry of Finance issued draft Insurance Rules, 2026 under Section 114, Insurance Act, 1938 to supersede 1939 rules; invites com...
Corporate Law : IRDAI directs insurers to submit SCNs within 7 days, additional documents within 3 days, and clear pending requests within 30 days...
Presently Authorized Dealers Category- I bank (AD) is permitted to open Escrow account and Special account on behalf of non-resident corporates for acquisition / transfer of shares / convertible debentures of an Indian company through open offers / delisting / exit offers, subject to compliance with the relevant SEBI [Substantial Acquisition of Shares and Takeovers] Regulations, 1997 and other applicable SEBI regulations. In all other cases, opening / maintaining of Escrow accounts for FDI related transactions required prior approval from RBI.
The Government of India has issued updates to the FAQ on Provident Fund [PF] for international workers [IWs] on 6 May 2011 with a view to provide greater clarity on the applicability of PF regulations. This FAQ addresses few of the open issues that were present after the earlier notification tightening PF withdrawal provisions. This article sets out the key clarifications provided in the FAQ whilst highlighting the open issues.
– Cabinet Committee on Economic Affairs of the Government of India have decided to permit Foreign Direct Investment (FDI) in Limited Liability Partnership (LLP) which are formed under the Limited Liability Partnership Act, 2008 [LLP Act]. Presently, FDI is allowed in Indian companies. It is allowed in a firm or a proprietary concern, subject to certain conditions. FDI in a trust is also allowed with prior Government approval, provided it is a Venture Capital Fund (VCF) registered with Securities and Exchange Board of India [SEBI]. LLP Act permits setting up of hybrid entity, which has the features of a body corporate and a partnership for the purpose of undertaking business in India.
The Supreme Court today banned the production, sale and use of controversial pesticide Endosulfan in the country for the next eight weeks, holding that human life is more important than anything else. Keeping in mind various judgements of this court under Article 21 (right to life and liberty) of the Constitution and particularly keeping in mind the precautionary principle we, hereby, direct and pass ad-interim order for immediate ban on production and use of Endosulfan all over India, a bench headed by Chief Justice S H Kapadia said.
The Intellectual Property regime in India underwent significant changes after India’s accession to WTO in 1995. After an intense national debate a number of safeguards were included in amendments to the Patents Act made in 1995, 2002 and 2005. These safeguards were designed to prevent evergreening of patents and included a higher threshold for inventive step and a prohibition from patenting new forms of known substances which do not result in the enhancement of the know efficacy of these substances. We have also opposed the provision of data exclusivity and patent linkage. Such a stance has been consistent with our obligations under TRIPS and seeks to meet our developmental objectives specially relating to ensuring the availability and affordability of essential medicines. When concern was raised by various quarters about the Indian stand in various Free Trade Agreements, especially in the context of the Indian Pharma products, the Prime Minister firmly directed that the Indian side shall not take on any obligation beyond TRIPS/ Domestic Law. This stand, that we shall not exceed TRIPS/Domestic law in respect of Patents, has now been decisively ingrained in our IPR policy.
The Employees’ Provident Fund Organisation (‘EPFO’) has issued updated Frequently Asked Questions (FAQs) on 6 May 2011 in context of applicability of the Employees’ Provident Fund Scheme, 1952 (EPFS) and Employees’ Pension Scheme, 1995 (EPS), which are primary social security scheme in India, to International Workers .
Categories of transactions not likely to have appreciable adverse effect on competition in India. In view of the duty cast upon the Commission under section 18 and powers conferred under section 36 of the Act, and having regard to the mandate given to the Commission to, inter alia, regulate combinations which have caused or are likely to cause appreciable adverse effect on competition in terms of sub-section (1) of section 6 of the Act, it is clarified that since the categories of combinations mentioned in Schedule I are ordinarily not likely to cause an appreciable adverse effect on competition in India, notice under sub-section (2) of section 6 of the Act need not normally be filed.
The Finance Ministry will take up 42 foreign direct investment (FDI) proposals, including that of BNP Paribas , Tata Steel and PTC India Financial Services, next week. The Foreign Investment Promotion Board (FIPB) headed by Economic Affairs Secretary R Gopalan is scheduled to meet on May 20 here.
Edelweiss Tokio Life Insurance Company Limited, a joint venture life insurance company promoted by Edelweiss Capital Limited and Tokio Marine and Nichido Fire Insurance Company, Japan has been registered as a Life Insurer under Section 3 of the Insurance Act, 1938 with the Authority. The Certificate of Registration (Forms IRDA/ R3) has been issued by the Authority on 10.05.2011. With this registration, the total number of Life Insurers registered with the Authority has gone up to 24.
Approval for FDI in Limited Liability Partnership firms The Cabinet Committee on Economic Affairs today approved the proposal to amend the policy on allowing Foreign Direct Investment (FDI) in Limited Liability Partnership (LLP) firms. The FDI in LLPs will be implemented in a calibrated manner, beginning with the ‘open’ sectors where monitoring is not required, subject to the following conditions:
