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Corporate Law

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

Latest Articles


Union Budget and Startup Ecosystem

Corporate Law : Budget 2024 boosts startups by abolishing Angel Tax, setting up a ₹1000 crore space tech fund, and reducing long-term capital ga...

July 26, 2024 54 Views 0 comment Print

Not All Minor Female Abductions Constitute Section 366 IPC Offenses; Intent Matters: Chhattisgarh HC

Corporate Law : Chhattisgarh HC clarifies that abduction of a minor doesn’t always fall under Section 366 IPC; proving the accused’s intent is...

July 26, 2024 123 Views 0 comment Print

Bail Condition to Appear at Police Station Risks Human Rights Abuses, False Allegations: Gujarat HC

Corporate Law : Gujarat High Court: Bail conditions requiring the accused to mark their presence at the police station may lead to human rights ab...

July 25, 2024 126 Views 0 comment Print

Right to Speedy Trial Cannot Be Denied Due to Heinousness of Crime: Rajasthan HC

Corporate Law : The Rajasthan High Court ruled that the right to a speedy trial cannot be compromised due to the seriousness of the crime....

July 24, 2024 78 Views 0 comment Print

Procedure for Arrest Must Be Strictly Followed: Bombay HC

Corporate Law : Bombay HC declares arrest illegal if not following due process, emphasizes constitutional rights in Mahesh Pandurang Naik vs. Stat...

July 24, 2024 237 Views 0 comment Print


Latest News


Section 80G Amendment: National Sports Fund Update

Corporate Law : Finance Bill 2024 updates Section 80G to reflect "National Sports Development Fund" and changes approval procedures for charities....

July 24, 2024 114 Views 0 comment Print

TDS on Floating Rate Savings (Taxable) Bonds (FRSB) 2020 wef 1st Oct 2024

Corporate Law : From October 2024, tax will be deducted at source on interest exceeding ₹10,000 for Floating Rate Savings Bonds (FRSB) 2020 and ...

July 24, 2024 525 Views 0 comment Print

New Pension Scheme ‘Vatsalya’ for Minors; Contributions by Parents & Guardians

Corporate Law : Discover the 'Vatsalya' pension scheme for minors launched by the Ministry of Finance. Learn about contributions, conversion optio...

July 23, 2024 306 Views 0 comment Print

Eight New Measures to Support MSMEs in Union Budget 2024

Corporate Law : Union Budget 2024 introduces eight new MSME support measures, including credit schemes, enhanced Mudra loans, and new SIDBI branch...

July 23, 2024 294 Views 0 comment Print

Budget 2024: New Skill Development Scheme to Benefit 20 Lakh Youth

Corporate Law : New centrally sponsored scheme announced: 20 lakh youth to be skilled, 1,000 ITIs upgraded, and skill loan limits increased to ₹...

July 23, 2024 135 Views 0 comment Print


Latest Judiciary


Only parties to arbitration proceedings can challenge an arbitral award: Delhi HC

Corporate Law : Delhi High Court rules in Mukesh Udeshi vs Jindal Steel Power Ltd, emphasizing that only parties to arbitration proceedings can ch...

July 26, 2024 48 Views 0 comment Print

Approved recommendations of SNJPC will be implemented under observation of new committee: Supreme Court

Corporate Law : Supreme Court directed constitution of ‘Committee for Service Conditions of the District Judiciary’ overseeing the implementat...

July 26, 2024 57 Views 0 comment Print

Disputes on Lock-In Periods in Employment Contracts are Arbitrable Under Arbitration Act, 1996

Corporate Law : Explore Delhi High Court's rulings on arbitration of lock-in periods in employment contracts, with detailed case analyses and lega...

July 26, 2024 60 Views 0 comment Print

Royalty Not Tax, States Can Tax Mineral Lands: SC

Corporate Law : Mineral Area Development Authority & Anr. Vs Steel Authority of India & Anr Etc. (Supreme Court of India) In Mineral Area ...

July 25, 2024 2388 Views 0 comment Print

Interest not leviable as orders set aside and no taxable dues found: Gauhati HC

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...

July 25, 2024 141 Views 0 comment Print


Latest Notifications


IBBI Disciplinary Committee imposes penalty on IP for not co-operating with IBBI

Corporate Law : IBBIs recent order finds Vijaykumar Varun in violation of Insolvency Code provisions. Read details on non-compliance and disciplin...

July 24, 2024 117 Views 0 comment Print

IBBI Imposes ₹50,000 Penalty on Insolvency Professionals for Non-Cooperation

Corporate Law : Read about the IBBI Disciplinary Committee's decision on Mr. S. Diraviam regarding alleged violations during a corporate insolvenc...

July 24, 2024 120 Views 0 comment Print

IRDAI imposes penalty on Care Health Insurance for ESOP Violation

Corporate Law : Explore IRDAI's order against Care Health Insurance Ltd. for ESOP violations. Detailed analysis of legal implications, penalties i...

July 24, 2024 117 Views 0 comment Print

Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2024

Corporate Law : Latest updates to the Prevention of Money-laundering Rules, 2024, focusing on KYC processes, client verification, and record maint...

July 19, 2024 1245 Views 0 comment Print

IRDAI Fines Bandhan Life Insurance ₹1 Crore for AML & Policyholder Protection Breaches

Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...

July 17, 2024 240 Views 0 comment Print


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

November 26, 2021 1365 Views 0 comment Print

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 […]

EPFO added new validation point in Form 11

November 25, 2021 19821 Views 4 comments Print

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 […]

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

November 25, 2021 2847 Views 0 comment Print

‘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 IBC 2016

November 25, 2021 2121 Views 0 comment Print

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 […]

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

November 25, 2021 1656 Views 0 comment Print

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 […]

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

November 24, 2021 1515 Views 0 comment Print

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 Foss v. Harbottle rules

November 24, 2021 39045 Views 0 comment Print

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 […]

Overview of Limited Liability Partnership

November 24, 2021 1668 Views 0 comment Print

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 of Goods (Registration And Protection) Act 1999

November 24, 2021 4050 Views 0 comment Print

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 […]

A person cannot register as valuer if serious criminal proceeding pending against him

November 24, 2021 1176 Views 0 comment Print

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 […]

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