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Corporate Law : Kerala HC rules that agreements to settle rape cases are void as they oppose public policy, emphasizing the necessity for prosecut...
Corporate Law : Himachal Pradesh High Court rules that offences under the NI Act can be compounded even after conviction, following settlement bet...
Corporate Law : Explore the key aspects of the Competition Act, 2002, focusing on Chapters VII and VIII on competition advocacy and financial mana...
Corporate Law : MahaRERA's new Form-2A enhances construction quality with detailed checks. Learn about the revised certification process and its i...
Corporate Law : Explore the distinction between NPA declaration and default dates under IBC 2016, clarifying implications for insolvency resolutio...
Corporate Law : IBBI proposes amending CIRP regulations to require MSME status disclosure in the Information Memorandum to reduce resolution proce...
Corporate Law : The Supreme Court Collegium recommends three advocates—Ajay Digpaul, Harish Vaidyanathan Shankar, and Shwetasree Majumder—for ...
Corporate Law : IBBI dismisses appeal seeking liquidator details for Hindustan Paper Corporation, citing information available online and upholdin...
Corporate Law : SC rules on Special Court jurisdiction; NCLAT redefines financial debt; HC upholds IBBI regulations and addresses various insolven...
Corporate Law : उत्तर प्रदेश बार काउंसिल ने नए अधिवक्ताओं के पंज�...
Corporate Law : Calcutta HC dismisses IT department's appeal against Snowwhite Infrastructure on share capital addition, finding no substantial qu...
Corporate Law : Patna HC quashes re-assessment order against liquidated company, emphasizing the Liquidator's right to be heard under the IBC. Re-...
Corporate Law : NCLT Mumbai held that the object of the Insolvency and Bankruptcy Code, 2016 [IBC] is not to admit a Corporate Debtor [CD] into Co...
Corporate Law : Delayed submission by one day of the Resolution Plan by the Applicant should be condoned as it had not caused any delayed or preju...
Corporate Law : Karnataka HC directs petitioner to avail statutory remedy in VAT dispute involving inspection confusion between Three 1st Enterpri...
Corporate Law : FSSAI proposes amendments to 2011 food additives regulations, including new limits for natamycin in dairy products. Comments due i...
Corporate Law : Govt seeks feedback on labeling food wrapping paper and aluminum foils in both weight (kg) and size (meter x meter) for accurate c...
Corporate Law : IBBI denies an RTI appeal seeking Limited Insolvency Examination question papers, citing confidentiality and competitive fairness ...
Corporate Law : The Indian government permits Go-Digit and Acko Life Insurance to perform Aadhaar-based authentication under the Money-laundering ...
Corporate Law : The Ministry of Finance designates new special courts in Kerala for PMLA cases, updating jurisdiction for various districts in the...
It is common knowledge that public information officers often do not furnish the information sought by the applicant under Right to Information Act (RTI). Is an appeal to the appellate authority of the Information Commission the only remedy? Or would failure to furnish information without valid reason constitute a deficiency in service for which compensation can be sought by filing a consumer complaint? This issue has been decided by the National Commission in a trendsetting judgment.
After perusing the submissions made during the hearing and considering the submissions made during the hearing, it appears that the following exemptions have been claimed by the Department and the Third parties- Section 8(1)(b), (d), (e), (h), and (j). Section 3 of the RTI Act very succinctly states `Subject to the provisions of this Act, all citizens shall have the right to information. ‘ Thus according to the RTI Act, if the information as defined under Section 2(f) is not exempt from di
Limited Liability Partnership Act, 2008 (LLP Act) was passed by the Parliament in December, 2008. Some of the sections of the LLP Act were made effective on 1-4-2009. Sections relating to conversion of existing partnership firms and private as well as public unlisted companies into LLP have been brought into force on 31-5-2009. Sections relating to liquidation and winding up of LLP have not yet come into force. LLP Rules, 2009, have also been made and they have now come into force.
Government proposes to extent benefits of Special Economic Zones (SEZ) to food parks so that the country could quickly emerge as a regional hub for food processing and SEZ benefits are available only to SEZ Developers and units. Mega Food Park Scheme presently operates under different set of guidelines framed by the Government.
A summons issued by the Enforcement Directorate, Government of India, under Section 37 of the Foreign Exchange Management Act, 1999 could not be interdicted by the High Court on the ground that there was no application of mind and the documents sought for would amount to a roving enquiry by the Directorate, the Madras High Court has held.
Chief Justice of India K G Balakrishnan’s recent request to Prime Minister Manmohan Singh to protect the judiciary from increasingly ‘‘intrusive’’ queries appears to have triggered an exercise to look for options to effect changes in the RTI Act. Following the CJI’s impassioned letter, which said questions asked by chronic litigants about the judiciary could erode its independence, the government has started looking into possible changesin the RTI Act, highly placed sources said.
The Enforcement Directorate(ED) on Friday claimed to have found evidence of “large-scale” violations of Foreign Direct Investment(FDI) guidelines by real-estate major Emaar MGF in purchase of land. During its searches carried out at 13 premises of the group on Thursday, ED also claimed to have recovered about Rs nine crore in cash, two kg of gold and foreign currency worth Rs 5 lakh.
The Limited Liability Partnership Act, 2008 (‘the LLP Act’) was brought into force with effect from 31st March 2009 to permit formation of Limited Liability Partnerships (‘LLPs’) in India. The main focus of the LLP Act is to permit a partnership structure and at the same time, limit the liability of partners which was heretofore unlimited under the provisions of the Indian Partnership Act, 1932 (‘the Partnership Act’). This article discusses briefly the limitation of liability of partners under the LLP Act as compared to the limitation of liability of a shareholder of a limited company formed and registered under the Companies Act, 1956 (‘the Companies Act’) and the manner in which such liabilities are limited under the LLP Act.
The Revenue Department, which scrutinises all foreign investments from the tax angle, has asked the Foreign Investment Promotion Board (FIPB) to ensure that FDI applicants furnish three years audited financial statements of the investor.Such disclosures will be useful to determine the source of funds as also to assess the ability of the actual and the immediate investor to make such investments.
RADIO broadcasters have expressed concerns over the proposed move to introduce Section 33A in the Copyright Act which would give unfair powers to the music societies to fix tariff and could potentially derail the radio industry already reeling under massive losses.