The concept of reverse CIRP is not within the ambit of IBC and it is more of a judicial innovation propounded by the Hon’ble NCLAT. The sole purpose of IBC to rehabilitate the corporate debtor by replacing its management through a resolution plan is not fulfilled with the concept of Reverse CIRP....

This article explores the merger between T-mobile and Sprint in the telecom industry. Highlighting the mega driving forces of such merger, issues of antitrust laws which reference to the ruling of the U.S judge Victor Marrero. This article will first outline certain background concepts necessary to understand why – the merger,  foc...

MSME sector is the backbone of Indian Economy. It generates huge employment in India. The Government of India also wants to empower the MSME Industries. Various steps are being taken by Government to enhance MSME Industry. Out of many, today we will discuss 2 major steps, which are taken in the Form of Udyam Registration […]...

Recently the Ministry of Home Affairs (MHA) has cancelled the license of Rajiv Gandhi Trust and one other for violation of provisions under Foreign Contribution Regulation Act. What is Foreign Contribution Regulation Act? It is basically a law which was enacted in 1976 and amended in 2010 with the primary purpose of regulating the inflow ...

Exemptions from tax, also known as non-taxable income, refer to the income that is not subject to income tax. This income may be exempt from tax for a variety of reasons, such as being below a certain threshold or being earned through certain sources. In this article, we will delve deeper into the concept of […]...

Compliances, Registration, Registers and Returns under Shops and Commercial Establishment Acts for State of Karnataka and Union Territory of Delhi Under the Constitution of India, power to make Labour laws is a subject in the Concurrent List where both Union and State Governments are competent to enact legislation subject to certain matte...

The Government has notified E-waste Management Rules, 2022, which shall come into force from the 1st day of April, 2023. These rules shall apply to every manufacturer, producer, refurbisher, dismantler and recycler involve the d in manufacture, sale, transfer, purchase, refurbishing, dismantling, recycling and processing of e -waste or el...

Advisory shares are a type of equity instrument that are used to provide advice and consultation to the company. These shares do not confer voting rights, and the holder is not entitled to receive any dividends or other distribution of profits. In India, advisory shares are becoming increasingly popular, particularly among start-ups and e...

Ministry of Corporate Affairs issued Gazette Notification as on 22.01.2021, to amend the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021, which is notified with immediate effect. Though it’s not effective retrospective or retroactive it affects on CSR spending for the year 2020-21 and also affects the projects u...

A Limited Liability Partnership (LLP) is a partnership firm that provides the benefits of limited liability to its owners while retaining the flexibility of a traditional partnership. LLP is a popular business structure in India as it offers the best of both worlds: the protection of limited liability and the ease of doing business in [&h...