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 : Article analyses the IBC (Amendment) Act, 2026, covering creditor-driven reforms, CIIRP, liquidation, avoidance actions and cross-...
Corporate Law : A detailed guide to LLP incorporation covering RUN-LLP, Form FILLIP, Form LLP-3, required documents, CRC approval and post-incorpo...
Corporate Law : Allahabad HC quashed demolition proceedings, adopted Supreme Court directions, and issued further directions governing demolition ...
Corporate Law : Allahabad HC examined criminal cases against advocates, Bar Council processes, verification issues, and issued compliance directio...
Corporate Law : Explains extra-judicial killings, constitutional and statutory provisions, Supreme Court guidelines and the legal framework govern...
Corporate Law : Government outlines FTAs, Export Promotion Mission, e-commerce export reforms and logistics initiatives to diversify export market...
Corporate Law : Finance Ministry states ED is investigating under PMLA, has attached ₹68.09 crore in properties and shared information with Biha...
Corporate Law : Finance Ministry outlines CBDT e-Filing portal upgrades, peak filing readiness and contractual penalties imposed on the Managed Se...
Corporate Law : CCPA begins action against 41 restaurants over default service charges, citing consumer complaints, 2022 Guidelines and the Consum...
Corporate Law : CBI filed its 16th chargesheet in a homebuyers fraud investigation alleging conspiracy, cheating and criminal breach of trust invo...
Corporate Law : CCPA ordered removal of default service charge from billing software, imposed a ₹30,000 penalty, and directed compliance within ...
Corporate Law : CCPA directed immediate discontinuation of service charge, noting the restaurant stopped the practice after the Delhi HC judgment ...
Corporate Law : CCPA imposed a ₹10 lakh penalty for misleading walkie-talkie listings lacking mandatory disclosures and directed future complian...
Corporate Law : CCPA imposed a ₹1 lakh penalty for misleading walkie-talkie advertisements lacking mandatory regulatory disclosures and directed...
Corporate Law : CCI closed proceedings after finding no prima facie evidence of input foreclosure, denial of market access, or abuse of dominance ...
Corporate Law : Bill introduced in Lok Sabha proposes increasing Supreme Court Judges from 33 to 37, replacing the 2026 Ordinance with retrospecti...
Corporate Law : BCI directs State Bar Councils and law colleges to immediately implement its Circular on social media conduct, digital ethics and ...
Corporate Law : IBBI cancelled an Insolvency Professional's registration over CIRP compliance lapses, disclosure failures and Code violations in t...
Corporate Law : FSSAI amends the notified food laboratory list, updating accredited laboratories, registrations and scopes across multiple States ...
Corporate Law : PFRDA notifies Regulatory Sandbox Regulations, 2026 enabling controlled testing with limited relaxations while protecting subscrib...
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.
Karnataka High Court quashed reassessment notices and orders for AY 2019-20, ruling they were issued without proper jurisdiction and violated the framework of Section 151A. This decision voids the proceedings due to a jurisdictional defect, granting the Revenue liberty to revive the case only after the Supreme Court’s final decision.
The tribunal ruled that commissions earned through LIC policies linked to a scheduled offence were rightly treated as proceeds of crime, justifying provisional attachment of property.
A Supreme Court ruling classifying homebuyers with buyback/assured returns as ‘speculative investors’ bars them from IBC relief, exposing real estate contract unfairness.
Rajasthan’s 2024 amendment to Rule 181 empowers registrars to cancel property registrations obtained through fraud. The law now mandates administrative action without court orders.
