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Corporate Law : India’s procurement framework requires registration for specified bidders from land-border countries before participating in gov...
Corporate Law : The Allahabad High Court held that filing or pendency of a stay vacation, recall, or modification application does not suspend an ...
Corporate Law : The article examines whether Telangana’s new Advocates Protection Act can effectively curb violence, harassment, and malicious p...
Corporate Law : The article argues that differences between BJP leadership and Annamalai are strategic rather than ideological. It urges reconcili...
Corporate Law : The article explains why a PSARA License is compulsory for operating a private security agency in India. The key takeaway is that ...
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 : IBBI has notified amendments across several insolvency regulations to operationalize the Insolvency and Bankruptcy Code (Amendment...
Corporate Law : PFRDA has introduced the StAR NPS platform to enable a fully digital and assisted onboarding process for NPS subscribers. The fram...
Corporate Law : The IBBI has amended liquidation regulations to place the Committee of Creditors at the center of the process. The changes aim to ...
Corporate Law : IBBI has amended the CIRP Regulations to enhance disclosures, strengthen information access, and introduce time-bound claim commun...
Corporate Law : The IBBI imposed a two-year suspension after finding that the Insolvency Professional misrepresented before the adjudicating autho...
The Cabinet is likely to consider the changes in the new Foreign Trade Bill to give a leg-up to exports. The Foreign Trade (Development and Regulation) Amendment Bill, which was introduced in the Rajya Sabha in 2009, was later referred to the standing committee of commerce.
The Vice President of India Shri M. Hamid Ansari has said that the RTI Act imposes new obligations on all stakeholders. The government is called upon to be more transparent and accountable in decision and policy making, and manage its records better. Addressing at the launch of “RTI Portal developed by Institute of Management in Government (IMG)” at Thiruvananthpuram (Kerala) today
The Commerce Ministry is likely to come out with strict norms for SEZ units engaged in recycling of plastic next week in wake of the Environment Ministry’s concern on illegal import of the hazardous waste. Businesses interested in setting up new plastic recycling units in Special Economic Zones (SEZs), would have to invest a minimum of Rs 1 crore in plant and machinery and export 80 per cent of the turnover by the fifth year of their operations.
The government will bring a bill in the monsoon session to seek Parliament’s sanction for the ordinance it issued to end the dispute between Irda and Sebi over regulation of unit-linked plans, or Ulips, of insurance companies. “The ordinance was approved at the highest level by the Cabinet and we are preparing to introduce the bill,” said a senior finance ministry official.
India Infrastructure Finance Company Ltd (IIFCL) has urged the Government to frame a bankruptcy code. Such a code should be introduced if the country wants to develop an infrastructure bond market, Mr S.K. Goel, Chairman and Managing Director, IIFCL, said here on Monday.
I have taken on rent particular premises. Later I entered into a partnership. The firm so formed is carrying on its business on the premises taken on rent by me. Does it amount to subletting? A. It does not amount to sub letting. When a person after taking premises on rent, enters into partnership firm to carry business, it did not amount to sub letting because the premises continues to remain in possession of the tenant.
The government has increased the existing limit of the Employees Deposit Linked Insurance amount from Rs 60,000 to Rs 1,00,000. The amount will be paid to the next of kin of an employee in case of his death. In a notification issued on June 18, the government in the newly modifed Employees’ Deposit Linked Insurance (Amendment) Scheme, 2010, said the benefits will be for employees of both the public and private sector.
The Hindu Civil Code, based on earlier religious practice, selected for the purpose, gives women to whom it applies various financial rights. This has been done through legal recognition of the ancient Hindu concept of stridhana. There is also an equal right to inheritance, under a separate law. Stridhana (woman’s wealth) consists of all the gifts a woman receives before, during and after her marriage from her family, friends and relatives, as well as from her husband and his family. It may be in the form of immovable property, jewellery or cash.
Earlier, when Manjusha Wadhawa, counsel for the petitioner, said the accounts should be audited by the CAG for the transparent functioning of the BCCI as it represented the Indian team, Chief Justice S.H. Kapadia asked her whether at present the board’s accounts were not being audited as per the Companies Act. Counsel said the BCCI did not come under the RTI Act.
Two-wheeler makers will now have to sell a helmet along with their bikes and scooters after the Supreme Court today dismissed a plea by the Society of Indian Automobile Manufacturers against such a step. A bench comprising Justice G S Singhvi and Justice A K Ganguly dismissed the petition filed by the Society of Indian Automobile Manufacturers (SIAM) challenging an earlier order of the Delhi High Court.
