Corporate Law - Page 4

Informative note on section 13 of SARFAESI Act, 2002

Note on Section 13 of SARFAESI Act, 2002 ENFORCEMENT OF SECURITY INTEREST 1. any security interest created in favour of any secured creditor may be enforced, without the intervention of the court or tribunal, by such creditor.  2. When SARFAESI trigger: A. borrower, who is under a liability to a secured creditor B. under a […]...

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Posted Under: Corporate Law |

Credit of story & screenplay, doesn’t acknowledge copyright of film to author

S.J.Suryah (a.k.a. S.Justin Selvaraj) Vs S. S. Chakravarthy (Madras High Court)

S.J.Suryah (a.k.a. S.Justin Selvaraj) Vs S. S. Chakravarthy (Madras High Court) Facts- According to appellant, the credit for the story, screenplay and dialogue pertaining to the film ‘Vaalee’ was given to him. The appellant argued that the Trial Court had erred in granting interim injunction, merely because the Petitioner could not p...

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EPFO added new validation point in Form 11

In the New Form : 11 – Declaration Form, EPFO has added new validation point at Serial No. 12 asking employee to confirm whether he/she was EPF/EPS member on or before September 2014 and if he/she has withdrawn this amount or not.  Format of Form 11 is as follows:- New Form : 11 – Declaration […]...

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Posted Under: Corporate Law |

IBBI invites comments on Cross-Border Insolvency under IBC, 2016

‘Cross-border insolvency’ denotes circumstances in which an insolvent debtor has assets and/or creditors in more than one country. With the rapid increase in globalisation and the advent of sophisticated communications technology, cross-border trade and investment has increased the dependence of national economies on each other....

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Posted Under: Corporate Law |

Status of Liability of Personal Guarantors under IBC 2016

Status of Liability of Personal Guarantors under the Insolvency and Bankruptcy Code, 2016 (IBC 2016) The law of Insolvency and Bankruptcy has been newly harvested and on account of this, various situations arise day-in and day-out concerning different provisions of this law and their implementation which not only causes ambiguity and conf...

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Posted Under: Corporate Law |

No violation by IP if he appoints internal auditor for ensuring transparency

Order No. IBBI/DC/78/2021 25/11/2021

The DC notes the submission of Mr. Garg as to the allegation of charging the fee of the independent auditors to CIRP cost that there was a complete mistrust between the allottees & the Corporate Debtor. To bridge that mistrust between the Corporate Debtor & the allottees and for ensuring disclosure and greater transparency in [&he...

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Filing of list of creditors under IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

Circular No. IBBI/CIRP/47/2021 24/11/2021

IBBI issued the Circular No. IBBI/CIRP/36/2020 dated 27th November, 2020 directing the IP to file the list of creditors and modification thereof in the stipulated format on electronic platform viz. www.ibbi.gov.in....

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Exception of Foss v. Harbottle rules

Exception of the rules of FOSS V HARBOTTLE The rule in Foss v. Harbottle is not absolute but is subject to certain exceptions. That are the exception of rule Foss V. Harbottle. 1. Ultra Vires Acts. Where the company or its directors representing the majority of shareholders and perform any such activities which is not […]...

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Posted Under: Corporate Law |

Overview of Limited Liability Partnership

Article explains Nature of Limited Liability Partnership (LLP), Advantages of Limited Liability Partnership (LLP) Disadvantages of Limited Liability Partnership (LLP), Procedure for Incorporation of LLP,  Limited Liability Partnership Agreement (LLP Agreement/Deed) and Some of the Essential Clause in Limited Liability Partnership Agreeme...

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Posted Under: Corporate Law |

Geographical Indication of Goods (Registration And Protection) Act 1999

Geographical Indication In India – Geographical Indication of Goods (Registration And Protection) Act 1999: Until recently, people were not able to register Geographical indications in India and as there was an absence of statutory protection; Indian geographical indications had been also misused by persons stays outside India to sh...

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Posted Under: Corporate Law |

Corporate Law News

Corporate law deals with the operations and formation of corporations and is related to contract and other commercial law. Corporations are legal entities which are created through the incorporation laws of the state, the corporation is a legal and a distinct person which can sue and can be sued, separate from the stockholders. Until a corporation formally dissolves, it has a perpetual life; the demise of its stockholders or officials does not amend the structure of the corporation. Creation, operation, and their dissolution are governed by several laws such as the Company Law, Insolvency and the Bankruptcy law, Real Estate law, Gratuity Act, Minimum wages Act, Negotiable Instrument Act, Essential Commodities, SRFAESI Act, Competition Act, FDI Regulations etc.

At Taxguru, we provide you the latest corporate law news and corporate law articles. Learn about all the important developments in the corporate laws with our extensive coverage of the latest news on corporate law. Our group of expert law professionals provides a cohesive and comprehensive understanding of all the Indian corporate and other allied laws. At Taxguru, we cover all the aspects of corporate law and all the major laws and regulations as mentioned above. We regularly post blogs and articles on corporate law for the benefit of our viewers. Keep a track of all the significant notifications and updates on corporate law with us. Get to know more on the corporate law here at Taxguru.

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