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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


Financial and Advocacy Framework of Competition Act, 2002

Corporate Law : Explore the key aspects of the Competition Act, 2002, focusing on Chapters VII and VIII on competition advocacy and financial mana...

August 26, 2024 24 Views 0 comment Print

Revised Quality Assurance Certification by MahaRERA for Real Estate Projects

Corporate Law : MahaRERA's new Form-2A enhances construction quality with detailed checks. Learn about the revised certification process and its i...

August 26, 2024 30 Views 0 comment Print

Date of declaration of NPA is not identical to date of default under IBC, 2016

Corporate Law : Explore the distinction between NPA declaration and default dates under IBC 2016, clarifying implications for insolvency resolutio...

August 26, 2024 159 Views 0 comment Print

Trademark Withdrawal Process in India: Key Steps

Corporate Law : Summary: Withdrawing a trademark application in India can occur for various reasons, such as a change in company policy or upon r...

August 26, 2024 57 Views 0 comment Print

Lawyers abstaining from Work to Condole Death Will be Contempt of Court: Allahabad HC

Corporate Law : Allahabad HC rules that any strike by lawyers will be deemed contempt of court, mandating continuous court operation and reporting...

August 25, 2024 405 Views 0 comment Print


Latest News


Discussion Paper on MSME Registration and Disclosure Framework under CIRP

Corporate Law : IBBI proposes amending CIRP regulations to require MSME status disclosure in the Information Memorandum to reduce resolution proce...

August 23, 2024 282 Views 0 comment Print

SC Recommends Three Advocates for Delhi High Court Judgeship

Corporate Law : The Supreme Court Collegium recommends three advocates—Ajay Digpaul, Harish Vaidyanathan Shankar, and Shwetasree Majumder—for ...

August 22, 2024 390 Views 0 comment Print

Information published online cannot be considered under control of public authority: IBBI

Corporate Law : IBBI dismisses appeal seeking liquidator details for Hindustan Paper Corporation, citing information available online and upholdin...

August 19, 2024 84 Views 0 comment Print

Latest Case Law Related to IBC – April to June 2023

Corporate Law : SC rules on Special Court jurisdiction; NCLAT redefines financial debt; HC upholds IBBI regulations and addresses various insolven...

August 14, 2024 402 Views 0 comment Print

बार काउंसिल ऑफ उत्तर प्रदेश में नए अधिवक्ता पंजीकरण के आवेदन की प्रक्रिया प्रारंभ हुई।

Corporate Law : उत्तर प्रदेश बार काउंसिल ने नए अधिवक्ताओं के पंज�...

August 13, 2024 1386 Views 0 comment Print


Latest Judiciary


CIRP application rejected due to pre-existing dispute between parties: NCLT Mumbai

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...

August 26, 2024 30 Views 0 comment Print

Delayed submission of Resolution Plan by one day delay should be condoned

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...

August 24, 2024 153 Views 0 comment Print

Inspection based on misidentification by VAT Authority: HC directs petitioner to file appeal

Corporate Law : Karnataka HC directs petitioner to avail statutory remedy in VAT dispute involving inspection confusion between Three 1st Enterpri...

August 24, 2024 165 Views 0 comment Print

Compliance with TRAI regulations Does Not Rule Out Competition Law Violations: CCI

Corporate Law : The CCI noted that compliance with TRAI regulations does not preclude the possibility of a violation of competition law. The Supre...

August 22, 2024 138 Views 0 comment Print

Retrospective reduction of pay scale of government employee and recovery thereof illegal: Supreme Court

Corporate Law : Held that any step of reduction in the pay scale and recovery from a Government employee would tantamount to a punitive action bec...

August 22, 2024 276 Views 0 comment Print


Latest Notifications


Unit of Measurement for Food Wrapping Paper and Foils

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...

August 24, 2024 171 Views 0 comment Print

Appeal Dismissed: IBBI Refuses to Disclose Insolvency Exam Papers

Corporate Law : IBBI denies an RTI appeal seeking Limited Insolvency Examination question papers, citing confidentiality and competitive fairness ...

August 24, 2024 90 Views 0 comment Print

Aadhaar Authentication Approved for Two Insurance Firms

Corporate Law : The Indian government permits Go-Digit and Acko Life Insurance to perform Aadhaar-based authentication under the Money-laundering ...

August 23, 2024 1092 Views 0 comment Print

Kerala: New PMLA Special Courts Designated in August 2024

Corporate Law : The Ministry of Finance designates new special courts in Kerala for PMLA cases, updating jurisdiction for various districts in the...

August 19, 2024 159 Views 0 comment Print

Geographical Indication of Goods Holding Inquiry and Appeal Rules 2024

Corporate Law : New Geographical Indications Inquiry and Appeal Rules 2024 simplify procedures for handling complaints and appeals under the GI Ac...

August 16, 2024 57 Views 0 comment Print


Requirement for formation of LLP in India

June 29, 2009 6013 Views 0 comment Print

There should be atleast 2 persons (natural or artificial) are required to form a LLP. In case any Body Corporate is a partner, than he will be required to nominate any person (natural) as its nominee for the purpose of the LLP.

Budget will not address taxation issue related to LLPs

June 16, 2009 315 Views 0 comment Print

Corporate Affairs Minister Salman Khursheed has said, contrary to expectation, the Budget will not address the taxation issue related to limited liability partnerships. The issue will be clarified only next year, he added. “It is too short a time for us to sort out the issue, but it is flagged,” Khursheed told. The Ministry of […]

LLPs may be treated on par with Partnerships for taxation

June 12, 2009 375 Views 0 comment Print

THE Union Budget is expected to provide clarity on taxation of limited liability partnerships (LLPs) by treating them like partnership firms for tax purposes. A corporate tax is likely to be levied on the income of an LLP, with the partners being exempted from taxation, as in the case of partnership firms. The government is likely to amend […]

Step in incorporation of LLP

June 7, 2009 2384 Views 0 comment Print

Discover the benefits of incorporating an LLP: combine professional expertise and limited liability in a flexible and efficient business vehicle.

Clarification on Lease of space on shift basis in IT/ITES SEZ & Disaster Management/Recovery Centre

June 3, 2009 957 Views 0 comment Print

F.No.C.3/6/2009-SEZ Government of India Ministry of Commerce and Industry Department of Commerce Udyog Bhawan, New Delhi Dated the 3rd June , 2009 INSTRUCTION NO. 13 Subject: Clarification on Lease of space on shift basis in IT/ITES SEZ & Disaster Management / Recovery Centre Reference has been received as to whether a Developer can lease space […]

ICAI asked amnesty for firms formed in Maharashtra

June 2, 2009 414 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) is a statutory body established by the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for regulation of the profession of Chartered Accountants in India. During its six decades of existence, ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for its contribution in the fields of education, professional development, maintenance of high accounting, auditing, ethical standards. ICAI now is the second largest accounting body in the world.

Area limit of 5,000 hectares will not applicable for SEZs if two or more such zones are merged

May 29, 2009 972 Views 0 comment Print

NEW DELHI: The government has decided not to apply an area limit of 5,000 hectares for special economic zones (SEZs) if two or more such zones are merged, clearing the way for big SEZs in the country. In an amendment to the SEZ rules, the government has also allowed developers more freedom on selecting the […]

Govt. May Exempt SEZ export profits under section 10AA

May 22, 2009 3352 Views 0 comment Print

The three-year long wait of companies to avail full income tax benefits on export profits from their SEZ units will come to an end in two months. Official sources said the government has firmed up plans to bring changes in Section 10AA of the Income Tax Act in the forthcoming Union Budget to rectify an anomaly in the wording of the Section that adversely affected SEZ units.

LLP conversion – Notifications for making conversion effective

May 22, 2009 738 Views 0 comment Print

Notification No. SO 1324(E) Date of Notification : 22.05.2009 Effective date of implementation of specified Rules of Limited Liability Partnership Rules, 2009 S.O.1324(E).–In pursuance of clause (b) of sub-rule (2) of Rule 1 of the Limited Liability Partnership Rules, 2009, made under Section 79 of the Limited Liability Partnership Act, 2008 (6 of 2009), the […]

Cold response to new LLP Act, Only 10 Firm Registered in one Month

May 19, 2009 610 Views 0 comment Print

A month after the government allowed registration of Limited Liability Partnerships, only 10 firms have availed this new form of doing business that provides advantages of a partnership firm and also a corporation. This is because the government is yet to notify key sections (Sections 55 to 58) of the law that would enable conversion of […]

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