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
Corporate Law : Opinion article criticises the Ayodhya Bar resolution refusing to defend accused, citing constitutional protections, Bar Council r...
Corporate Law : Learn when a Board Meeting is mandatory and when a Circular Resolution can be used under the Companies Act, 2013. Explore the comp...
Corporate Law : Foreign Contribution (Regulation) Amendment Rules, 2026 introduce key changes to FCRA compliance, including key functionaries, Sta...
Corporate Law : The article explains ghost assets, their financial and audit impact, CARO 2020 requirements, and the importance of periodic physic...
Corporate Law : Explains climate litigation, judicial doctrines, global trends, key arguments, critiques, and its role alongside legislation and g...
Corporate Law : EPFO's Amnesty Scheme 2026 offers retrospective PF Trust regularisation, specified compliance waivers and application window of si...
Corporate Law : DPIIT amends footwear QCOs by extending legacy stock clearance to 31 July 2027 and permitting annual import of 4,500 footwear samp...
Corporate Law : PIB issues a detailed FAQ on the Ethanol Blended Petrol Programme covering policy evolution, E20 rollout, vehicle compatibility, p...
Corporate Law : PIB outlines Indias E20 ethanol blending progress, programme milestones, industry views, and responses to frequently raised concer...
Corporate Law : NSE FAQs explain Regulation 42 Record Date filing, NEAPS submission, timelines, rights issue requirements and compliance under SEB...
Corporate Law : NCLT Chandigarh dismissed homebuyers’ plea, upheld the RP’s claim admission methodology, and declined re-computation of intere...
Corporate Law : NCLT Mumbai rejected a Section 7 IBC plea, holding that the DRT review order only corrected errors and did not extend limitation....
Corporate Law : Kerala HC quashed a composite GST show cause notice covering 2019-20 to 2023-24 and allowed issuance of separate notices for each ...
Corporate Law : NCLT Delhi dismissed a perjury application, holding no exceptional case existed as the Section 9 petition was decided after consid...
Corporate Law : NCLAT Chennai dismissed the appeal, upholding leave under Section 33(5) IBC to challenge agreement termination before the Civil Co...
Corporate Law : IRDAI has revised financial result formats for listed insurers adopting Ind AS to meet SEBI LODR disclosure requirements, effectiv...
Corporate Law : IBBI extends the deadline for filing PGIRP-1 to PGIRP-6 forms to 30 September 2026 and defers penalties while directing accurate e...
Corporate Law : PFRDA expands NPS investment options for CAB subscribers by adding two Auto Choice schemes through Circular No. PFRDA/2026/39 date...
Corporate Law : IBBI suspended an Insolvency Professional for three years over wrongful rejection of an admitted CIRP claim and non-compliance wit...
Corporate Law : The IBBI First Appellate Authority held that although the CPIO failed to respond within the statutory 30-day period under the RTI ...
Has your income-tax return been picked up for scrutiny by the income-tax department? You may not get to know the reason. The department is against bringing scrutiny under the purview of the Right To Information (RTI) Act. This means an assessee will not have the right under the RTI Act to ascertain as why his case was selected for scrutiny by the department.
The Hon’ble Court held that the fact that parties were in discussions on the issue of payment for the extra work items undertaken by the Appellant and the exact work to be executed where-after the Respondent submitted its final bill followed by the No-Claim Certificate would be “clear cut evidence” to show that there was an accord on all disputes between the parties which was arrived at after protracted correspondence and claims in respect of the disputes settled in the accord could not have been raised and the accord reopened.
The Applicant, an informer of the department, filed a RTI application seeking inspection & copies of all records available with the income tax department including assessment orders of Escorts Ltd, Dr. Naresh Trehan and connected parties. The application was rejected by the PIO on the ground that there was no overriding public interest in disclosing the information relating to third parties and the disclosure would lead to an invasion of privacy of the assessees. On appeal by the applicant, HELD allowing the appeal:
Units undertaking to export their entire production of goods and services except to the extent of permissible sales in the DTA. Second hand capital goods, without any age limit, may also be imported duty free.
In the case of Vijay v. State of Maharashtra & others (2006) 6 SCC 286 Apex Court held that It is now well-settled that when a literal reading of the provision giving retrospective effect does not produce absurdity or anomaly, the same would not be construed to be only prospective. The negation is not a rigid rule and varies with the intention and purport of the legislature
(1) This Act may be called the Micro, Small and Medium Enterprises Development Act, 2006. (2) It shall come into force on such date as the Central Government may, by notification, appoint; and different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.
The doctrine of fairness also is now considered to be a relevant factor for construing a statute. In a case of this nature where the effect of a beneficent statute was sought to be extended keeping in view the fact that the benefit was already availed of by the agriculturalists of tobacco in Guntur, it would be highly unfair if the benefit granted to them is taken away,
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 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.
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.
