Corporate Law - Page 763

Format of Partnership Deed and Forms

1. Deed of Modification in Partnership 2. Model Partnership Deed 3. Admitting New Partner 4. Retirement Deed 5. Dissolution of Partnership Involving Immovable Property 6. Admitting Minor 7. Modifying the Partnership Deed...

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Sixth Central Pay Commission Recommendations relating to LTC

31011/4/2008-Estt.(A) 23/09/2008

DoPT's O.M. No. 31011/4/2008-Estt.(A), dated 23rd September, 2008 Consequent upon the acceptance of the recommendations of Sixth Central Pay Commission, it has been decided to make necessary additions/changes in the CCS (LTC) Rules, 1988 as indicated below:-...

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Faq on Employees' Family Pension Scheme, 1971 and Employees Pension Scheme,1995

Who will be covered by the Pension Scheme? Every member of the ceased Family Pension Scheme 1971 and anyone who joins any covered establishment on or after 16-11-95 is compulsorily to join this scheme, provided his/her salary/wage is less than Rs. 6500/- per month at the date of appointment....

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Posted Under: Corporate Law |

Right to Information Act, 2005 (RTI)

It comes into force on the 12th October, 2005 (120th day of its enactment on 15th June, 2005). Some provisions have come into force with immediate effect viz. obligations of public authorities [S.4 (1)], designation of Public Information Officers and Assistant Public Information Officers[S.5( 1) and 5(2)], constitution of Central Informat...

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Posted Under: Corporate Law |

Mere mention of corruption can't bring intelligence under RTI

A mere allegation of corruption not backed by credible evidence would not be sufficient to direct the country's intelligence organisations to reveal information under the RTI Act, the Central Information Commission (CIC) has held....

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Posted Under: Corporate Law |

RTI Act – Income Tax Department determined to deny information – fails in second Appeal

JUST a week ago, we carried a story and case where a Single Bench of the Delhi High Court had taken serious note of the lackadaisical approach of the Department in releasing the information. The High Court had directed the department to furnish the information within two weeks....

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Posted Under: Corporate Law |

Citizens cannot question government policies and plans

The Central Information Commission (CIC) has held that citizens cannot question government policies and plans by utilising the Right to Information Act. The Commission noted this while dismissing an application filed by a Mumbai resident Amin Merchant who had sought information from Finance Ministry as to why certain tariff policy was fra...

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Posted Under: Corporate Law |

No export obligation burden on SEZs

There is good news in store for SEZ units. The government is likely to put on hold its plan of placing an export obligation on units operating in SEZs. The commerce department has suggested to the finance ministry that the government should consider imposing an export obligation only if exports from such zones fall below a threshold limit...

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Posted Under: Corporate Law |

Scrutiny of I-T return, why's not for you to ask

Has your income-tax return been picked up for scrutiny by the income-tax department? You may not get to know the reason. The department is against bringing scrutiny under the purview of the Right To Information (RTI) Act. This means an assessee will not have the right under the RTI Act to ascertain as why his case was selected for scrutin...

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Posted Under: Corporate Law |

No-Claim Certificate issued post due deliberations cannot be voided by party claiming duress

Mecon Ltd. Vs Pioneer Fabricators Pvt. Limited(Delhi High Court)

The Hon’ble Court held that the fact that parties were in discussions on the issue of payment for the extra work items undertaken by the Appellant and the exact work to be executed where-after the Respondent submitted its final bill followed by the No-Claim Certificate would be “clear cut evidence” to show that there was an accord o...

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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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