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
Corporate Law : The Bombay High Court explained that wrongful possession is the foundation of a claim for mesne profits. The amount is determined ...
Corporate Law : The article explains visa requirements, documentation, and compliance obligations for foreign nationals seeking medical treatment ...
Corporate Law : The court ruled that using a registered trademark as a keyword to divert online traffic can amount to trademark infringement. The ...
Corporate Law : LMPC Registration is mandatory for manufacturers, packers, and importers of pre-packaged commodities. The key takeaway is that reg...
Corporate Law : The rise of GDPR, CCPA, and India’s DPDP Act is opening significant opportunities for Chartered Accountants. The key takeaway is...
Corporate Law : The Competition Commission of India has proposed amendments to address administrative and procedural issues identified during impl...
Corporate Law : The Ministry of Corporate Affairs highlighted that the IBC resolution process facilitated creditor recoveries exceeding ₹4 lakh ...
Corporate Law : The IBBI has announced contractual vacancies for Research Associates and Consultants in law and business management disciplines. T...
Corporate Law : PFRDA has proposed major reductions in grievance resolution timelines under the NPS framework. The draft aims to improve accountab...
Corporate Law : The Supreme Court upheld joint insolvency proceedings against two interconnected real estate companies due to common management an...
Corporate Law : The CCI found a prima facie case against restrictive contractual clauses that allegedly prevented participants from joining compet...
Corporate Law : The Supreme Court ruled that Section 7 of the Prevention of Corruption Act covers attempts to obtain undue advantage through subor...
Corporate Law : The Tribunal held that for a guarantee payable on demand, limitation begins from the date the guarantee is invoked and not from th...
Corporate Law : The Authority found that a pre-selected donation mechanism added charges unless consumers actively opted out, impairing informed c...
Corporate Law : CCPA held that a subscription renewal interface using the phrase Accept Risk amounted to multiple prohibited dark patterns, includ...
Corporate Law : FSSAI has provided a transition period until 1 July 2027 for compliance with new vegan logo specifications. The amendment focuses ...
Corporate Law : FSSAI has amended the Food Safety and Standards (Prohibition and Restrictions on Sales) Regulations, 2011 by removing clause (8) o...
Corporate Law : The case involved a broker implementing substantial shareholding changes without obtaining IRDAI's prior approval as required by r...
Corporate Law : The regulator held that agreements lacking clear fee provisions undermined contractual clarity and regulatory compliance. A penalt...
Corporate Law : The First Appellate Authority held that details of the official who uploaded CIRP documents were exempt from disclosure under Sect...
NCLAT dismissed PNB’s insolvency plea against Concast Morena as time-barred, ruling that a pending recovery case in DRT doesn’t qualify for Section 14 exclusion. the rejection of a bank’s Section 7 petition, stating the application was time-barred and the RDDB Act recovery suit didn’t reset the deadline.
NCLAT Delhi dismisses appeals by personal guarantors against Bank of Baroda, upholding NCLT’s direction for the bank to allow inspection of lending documents.
FSSAI’s 2025 amendment standardizes imported food testing methods, allowing internationally recognized standards when FSSAI manuals lack a method, and mandates a 5-day reporting limit.
IBBI’s First Appellate Authority dismissed an RTI appeal for data on cross-border insolvency cases, noting no formal statutory framework is currently notified under the IBC.
Karnataka High Court quashed reassessment notices and orders for AY 2020-21, ruling they were issued without proper statutory jurisdiction under the framework of Section 151A. The ruling reinforces that procedural non-compliance in the faceless scheme voids the notices, while granting Revenue liberty to revive the case post-Supreme Court verdict.
The High Court allowed the petition, ruling that the reassessment proceedings were initiated without jurisdiction because they contravened the procedural requirements of Sec. 151A of the Income Tax Act. This key takeaway reiterates the requirement for strict procedural adherence in the faceless regime, while preserving the Revenues right to revive the case post-Apex Court clarity.
Karnataka High Court quashed reassessment notices issued beyond four years, finding AO had full knowledge of AE payments during original Section 143(3) scrutiny. Key takeaway is that re-examining previously disclosed facts or material known through TPO proceedings constitutes a mere change of opinion, which is invalid under Section 147.
Delhi High Court dismisses anticipatory bail plea for POCSO accused, ruling that friendship does not permit repeated sexual assault, confinement, or violence against a minor.
The Supreme Court clarified that a minor, on attaining majority, does not need to file a formal suit to cancel a guardian’s unauthorized sale of their property. The act of the former minor executing a fresh sale deed is sufficient conduct to legally repudiate the voidable transaction, making the subsequent sale valid.
Karnataka High Court quashes all reassessment notices and orders issued under the faceless scheme for being outside the permissible scope of Section 151A of the Income Tax Act. This ruling voids notices due to a lack of statutory jurisdiction, though the Revenue is allowed to seek a revival if the Supreme Court later rules in its favor.
