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Corporate Law : PIB outlines the FCRA framework, proposed 2026 Amendment Bill and notified Rules covering registration, reporting, asset vesting a...
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Corporate Law : HC allowed the appeal against conviction under Section 13(1)(e) of the Prevention of Corruption Act after examining investigation,...
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Corporate Law : Supreme Court dissolved marriage under Article 142 citing irretrievable breakdown after over a decade of separation, while allowin...
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Corporate Law : Finance Ministry issues draft 2026 rules replacing “intermediary or insurance intermediary” with “insurance intermediary”;...
Corporate Law : Finance Ministry issues draft LIC General (Second Amendment) Rules, 2026 proposing omissions in Rules 14, 15, 16, 18 and 19; comme...
Corporate Law : Ministry of Finance issued Notification G.S.R. 653(E) proposing draft amendments to the Insurance Inquiry Procedure Rules, 2016; i...
Corporate Law : Ministry of Finance issued draft Insurance Rules, 2026 under Section 114, Insurance Act, 1938 to supersede 1939 rules; invites com...
Corporate Law : IRDAI directs insurers to submit SCNs within 7 days, additional documents within 3 days, and clear pending requests within 30 days...
National Consumer Disputes Redressal Commission observed that Educational matters do not come within the purview of the Consumer Protection Act, 1986 and therefore Educational Institute would also not fall within the purview of it.
In present facts of the case, the National Consumer Disputes Redressal Commission have observed that contract of insurance is a contract of indemnity and, therefore, there is no question of commercial purpose in obtaining insurance coverage. Therefore, the complaint against Insurance Company is maintainable.
Overseas Insurer applying for opening of LO should have a financially sound track record. A profit making track record during the immediately preceding three financial years in the home country and net worth of not less than USD 65 million shall be the minimum requirement for applying for opening a Liaison office in India.
CCI observes that there must be some autonomy available to the manufacturers to deal with their goods the way they want, in alignment with their business requirements. Nobody can ask for an absolute right to deal with a particular business.
It was alleged that the various associations of Kraft Paper Manufacturers, by way of periodic meetings and correspondences, direct their members (i.e., Kraft Paper Mills) to: (i) increase the price of the paper to be sold to the buyers, i.e., corrugated box manufacturers; and (ii) create a condition of shortage to enforce the unjust price increase and shut the operation of the paper mills in a region collectively.
CCI held that, Punjab Medical Council is well within its jurisdiction to prescribe certain standards, guidelines, etc., for maintaining quality in medical education and practice.
CCH held that sporadic communications between OPs exchanging information, which is already available in public domain, cannot be construed as collusion between OPs.
Rakesh Khare Vs Krishna Engineering Works (Competition Commission of India) CCI issues cease and desist order against firms found guilty of bid rigging and cartelization in tender floated by Eastern Railway The Competition Commission of India (CCI) issued a final order today against eight firms which were found to have contravened the provisions of Sections […]
Monthly subscription by a subscriber under GPF during a financial years together with amount of arrear subscriptions deposited shall not exceed Rupees Five Lakh
In present facts of the case, the Honble Madras High Court while disposing of the writ petition observed that the petitioner have alternative remedy to file appeal and have also directed to deposit Rs. 25,00,000/- for saving the premises from getting sealed by authorities.
