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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...
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 produce the written agreement […]
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 […]
‘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.
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 confusion but also demands […]
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 […]
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.
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 […]
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 Agreement (LLP). LLP is a corporate business vehicle that enables professional expertise and entrepreneurial […]
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 show that goods are not originating from […]
Pendency of the serious criminal proceeding against the applicant, as noted above, adversely impacts his reputation and makes him a person who is not ‘fit and proper’ to be eligible as a registered valuer. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (Authority specified by the Central Government under section 458 of the Companies Act, 2013) ORDER […]