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Corporate Law : Budget 2024 boosts startups by abolishing Angel Tax, setting up a ₹1000 crore space tech fund, and reducing long-term capital ga...
Corporate Law : Chhattisgarh HC clarifies that abduction of a minor doesn’t always fall under Section 366 IPC; proving the accused’s intent is...
Corporate Law : Gujarat High Court: Bail conditions requiring the accused to mark their presence at the police station may lead to human rights ab...
Corporate Law : The Rajasthan High Court ruled that the right to a speedy trial cannot be compromised due to the seriousness of the crime....
Corporate Law : Bombay HC declares arrest illegal if not following due process, emphasizes constitutional rights in Mahesh Pandurang Naik vs. Stat...
Corporate Law : Finance Bill 2024 updates Section 80G to reflect "National Sports Development Fund" and changes approval procedures for charities....
Corporate Law : From October 2024, tax will be deducted at source on interest exceeding ₹10,000 for Floating Rate Savings Bonds (FRSB) 2020 and ...
Corporate Law : Discover the 'Vatsalya' pension scheme for minors launched by the Ministry of Finance. Learn about contributions, conversion optio...
Corporate Law : Union Budget 2024 introduces eight new MSME support measures, including credit schemes, enhanced Mudra loans, and new SIDBI branch...
Corporate Law : New centrally sponsored scheme announced: 20 lakh youth to be skilled, 1,000 ITIs upgraded, and skill loan limits increased to ₹...
Corporate Law : Delhi High Court rules in Mukesh Udeshi vs Jindal Steel Power Ltd, emphasizing that only parties to arbitration proceedings can ch...
Corporate Law : Supreme Court directed constitution of ‘Committee for Service Conditions of the District Judiciary’ overseeing the implementat...
Corporate Law : Explore Delhi High Court's rulings on arbitration of lock-in periods in employment contracts, with detailed case analyses and lega...
Corporate Law : Mineral Area Development Authority & Anr. Vs Steel Authority of India & Anr Etc. (Supreme Court of India) In Mineral Area ...
Corporate Law : Gauhati High Court held that once the assessment order of the authorities are set aside and matter is remanded back and on assessm...
Corporate Law : IBBIs recent order finds Vijaykumar Varun in violation of Insolvency Code provisions. Read details on non-compliance and disciplin...
Corporate Law : Read about the IBBI Disciplinary Committee's decision on Mr. S. Diraviam regarding alleged violations during a corporate insolvenc...
Corporate Law : Explore IRDAI's order against Care Health Insurance Ltd. for ESOP violations. Detailed analysis of legal implications, penalties i...
Corporate Law : Latest updates to the Prevention of Money-laundering Rules, 2024, focusing on KYC processes, client verification, and record maint...
Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...
Thanikodi Vs Parameswari (Madras High Court) The learned counsel for the appellant would contend that though the driver of the offending vehicle does not posses driving licence, the insurance company cannot be exonerated from the liability and they have to pay and recover and relied upon the National Insurance Company Limited vs. Swaran Singh & […]
Definition of Affidavit 1. In India, As per General Clauses Act Section 3(3)- ‘Affidavit’ shall include affirmation and declaration in the case of person by law allowed to affirm or declare instead of swearing. 2. Black’s Law Dictionary defines affidavit as: “A voluntary declaration of facts written down and sworn to by the declarant before […]
Trial Court and the first appellate Court concluded that the Will was true and valid and that there were no suspicious circumstances. Held that the absolute owner of a property is entitled even to bequeath his properties in favour of strangers.
APEX COURT in its recent decision in held that merely labelling a cheque as a security would not obviate its character as an instrument designed to meet a legally enforceable debt or liability.
Q.1 When was Consumer Protection Act 2019 enacted? Ans. The Consumer Protection Act 2019 was notified on August 9th 2019. However, it came into effect from July 20th 2020. Q.2 What are the main features of Consumer Protection Act 2019? Ans. While retaining certain old provisions, the New Act has certain new provisions that tightens […]
The Central Bureau of Investigation has arrested a Recovery officer, DRT-I, Chandigarh for demanding & accepting bribe of Rs. 70,000/- from the Complainant.
Is the Limited Insolvency Examination mandated under any law, for what purpose? The Limited Insolvency Examination (examination) is mandated under regulation 5 of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 made under the Insolvency and Bankruptcy Code, 2016. It is one of the mandatory conditions for registration as an insolvency professional.
Guidance on termination of employees. Legal reference: a) Industrial Dispute Act, 1947 (IDA) b) Industrial Relations Code, 2020 (IRC) I. INDUSTRIAL DISPUTE ACT, 1947 Pursuant to relevant provision of the IDA, where any employer discharges, dismisses, retrenches, or otherwise terminates the services of an individual workman, any dispute or difference between that workman and his […]
Approval of the model of imported goods under Legal Metrology is of two ways which include services for Non-Weight and Measuring instruments under which the registration of Packer or manufacturer is done and the registration for Legal Metrology packed commodities certificate is covered for the importer. Then another type of approval and services are for […]
The Central Government hereby makes the following rules further to amend the Limited Liability Partnership Rules, 2009, namely: – (1) These rules may be called the Limited Liability Partnership (Amendment) Rules, 2022. (2) They shall come into force with effect from the 01st April, 2022. (3) All LLPs registered under Limited Liability Act, 2008 have […]