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Corporate Law : Overview of the Constitution (106th Amendment) Act, 2023 covering women’s reservation in Parliament and Assemblies, its scope, t...
Corporate Law : Supreme Court holds safe road passage integral to Article 21 and issues nationwide directions on highway safety, enforcement, and ...
Corporate Law : The resolution plan was approved despite a higher competing offer, as creditors prioritized upfront payment and execution certaint...
Corporate Law : The Court examined misuse of anti-conversion laws through third-party complaints lacking factual basis. It held that such false FI...
Corporate Law : Explains the requirement of CTE before setup and CTO before operations. Highlights how both approvals ensure compliance and preven...
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 : 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 Tribunal held that insolvency proceedings cannot be avoided when total debt is higher than the arbitral claim. It ruled that u...
Corporate Law : The issue involved rejection of a delayed claim in bankruptcy proceedings. The Tribunal held that concealment of material facts by...
Corporate Law : The court interpreted the scope of Section 91 CrPC in summoning documents. It ruled that parties cannot demand documents as a matt...
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...
Corporate Law : EPFO permits de-linking of wrongly linked Member IDs even when contributions exist, subject to limits. The circular outlines a str...
Regulation 2B details the process for compromise or arrangement during corporate liquidation, setting 90-day completion and 30-day filing deadlines. It excludes ineligible parties.
Understand liquidator fees under IBC Sections 34(8), 34(9), and Regulation 4, including CoC determination, default fee slabs, and IBBI clarifications on realization and distribution.
The Madras High Court has deemed the non-consideration of a Deputy Commissioner’s promotion representation as dereliction of duty. The court directs prompt review for K. Chandrasekaran, a top-ranked official, citing concerns over juniors being promoted instead.
Madras High Court rules ED needs a predicate offense to investigate, preventing arbitrary action and emphasizing adherence to jurisdictional limits in PMLA cases.
Supreme Court directs High Courts to require disclosure of criminal history and prior bail pleas in applications, aiming for greater transparency and judicial review.
The Madras High Court condoned a 44-day delay in Form 10B audit report filing for Centre for Educare and Research Charitable Trust, citing the auditor’s Covid-19 illness. A Rs. 5,000 cost was imposed.
NCLAT upheld the dismissal of IBC proceedings against Kerala Medical Services Corporation, citing D.J. Laboratories’ material concealment of facts regarding pending disputes and a demand notice reply.
Property tax couldn’t be levied without following statutory assessment procedure under Section 233 of Kerala Municipality Act, 1994 as in the absence of a valid levy, there could not have been an assessment to tax
Karnataka High Court held that Gram Panchayat has no jurisdiction to impose property tax on properties situated within a notified industrial area governed by the Karnataka Industrial Areas Development Act, 1966 [KIAD Act]. Accordingly, writ petition is allowed.
Allahabad High Court rules appeal against remand order remains valid even after trial court passes subsequent orders, citing statutory right and Section 105(2) CPC.