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Corporate Law - In the wake of India’s move towards achieving a status of Developed Nation by providing its people various initiative like “Make in India”, Startup India, Promoting MSME, Skill India to start their own business platforms, the founder of any business set up is essentially required to direct its business strategy in a legally sound ma...
Read MoreCorporate Law - FORM V [See Rule 22] ABSTRACT OF THE PAYMENT OF WAGES ACT, 1936 (Central Act IV of 1936) AND THE RULES MADE THEREUNDER 1. Whom the Act affects The Act applies to the payment of wages to persons in this factory/Industrial Establishment receiving less than 1[Rs. 24000] a month. 2. No employed person can give […]...
Read MoreCorporate Law - FORM ‘O’ (See rule 15) (Abstract of the Maternity Benefit Act, 1961, and the rules mode thereunder) 1. No employer shall knowingly employ a woman during the six weeks immediately following the day her delivery or; mismanage and no woman shall work in any establishment during the said period. 2. No pregnant woman shall, on a request ...
Read MoreCorporate Law - Forex refers to the foreign exchange market, and involves the selling and buying of fiat currencies. This is the largest and most liquid market on a global scale. Forex trading has become a popular practice for investors, due to the financial potential involved. Accumulating wealth and reaching impressive monetary gains is possible throug...
Read MoreCorporate Law - Shared Economy is essentially an economic model that facilitates sharing of goods and services over an online platform. It may exist in two forms- a commercial model which allows customers and suppliers to get in touch to obtain goods and services ( Uber and Airbnb), and a charity model in which goods and services are provided for free or...
Read MoreCorporate Law - To take Indian economy to 1 trillion dollar exports in goods, and 1 trillion dollar exports in services in the next five years, the Commerce Minister reiterated the importance of availability of credit at low rate of interest. He emphasised that it is the joint responsibility of banks and Government to ensure that export credit at competi...
Read MoreCorporate Law - RBI data on frauds reported to it by banks has been cited in sections of the media to paint a picture of rising frauds in banks in recent years. The fact is that this data is by the year of reporting and not the year of occurrence of the fraud or sanction of loan, Letter of Undertaking etc., which in many cases is of an earlier period....
Read MoreCorporate Law - In Some Major decisions Government has decided to give pension coverage to Traders, PM-KISAN Scheme extension to include all eligible farmer families irrespective of the size of land holdings and Pension scheme to secure lives of 5 crore farmers in three years. 1. Traders to get pension coverage! Cabinet clears pension scheme for traders ...
Read MoreCorporate Law - Shri Anurag Singh Thakur assumed charge of office as the Union Minister of State (MoS) for Finance & Corporate Affairs here today. Shri Thakur took the charge in the august presence of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman....
Read MoreCorporate Law - Smt. Nirmala Sitharaman assumed charge as the Union Minister of Finance & Corporate Affairs here today. She was greeted at the office in North Block by Minister of State for Finance & Corporate Affairs designate, Shri Anurag Singh Thakur, Finance Secretary Shri Subhash Chandra Garg and other Secretaries of the Ministry. Smt. Sit...
Read MoreSajeev Bhargav Ezhava Vs. Versus State Of Gujarat (Ahmedabad High Court) - Petitioner Sajeev Ezhava, filed public interest litigation before Hon’ble Gujarat High Court contending that the parking fee collected by malls and commercial establishments is illegal and against the basis of exempting them from municipal taxes. ...
Read MoreFederation of Hotel and Restaurant Association of India (Supreme Court of India) - Federation of Hotel and Restaurant Association of India (Supreme Court of India); Hon’ble SC held that that neither the Standards of Weights and Measures Act, 1976 read with the enactment of 1985, or the Legal Metrology Act, 2009, would apply so as to interdict the sale of mineral water in hot...
Read MoreJadhav Case - India V. Pakistan (International Court Of Justice) - In the present case, the Applicant claims that Mr. Jadhav, who is an Indian national, was arrested, detained, tried and sentenced to death by Pakistan and that, despite several attempts, India was given no access to him and no possibility to communicate with him....
Read MoreM/s. Aero Club (Woodland) Vs Rakesh Sharma (NCDRC) - Once it has come on record that the MRP of the product includes all taxes, it was not open for the trader to impose VAT again on the discounted price....
Read MoreShree Cement Ltd. Vs State of Rajasthan (Rajasthan High Court) - Another caveat on legislative practices, particularly subordinate legislation and executive policy decisions and the decision making process, which is amenable to judicial review by courts is that, it is high time that subordinate legislations in the form of notifications issued by Executive should ...
Read MoreO.N. 136(E) - (25/05/2019) - Partywise, Statewise and Constituency list of candidate won in recent Lok Sabha Election ELECTION COMMISSION OF INDIA NOTIFICATION New Delhi, the 25th May, 2019 .—Whereas, in pursuance of the Notifications No. H.11024(1)/2019-Leg-II, issued by the President of India on 18th March 2019, 19th Marc...
Read MoreF.No.16(35)/2018-NER - (01/01/2019) - The scheme will be called Lakshadweep and Andaman & Nicobar Islands Industrial Development Scheme, (LANIDS) 2018 and will cover Union Territories of Lakshadweep and Andaman & Nicobar Islands. It will be effective from 01.04.2018 and will remain in force up to 31.03.2020 with committed liabilities ac...
Read MoreNotification No. G.S.R. 397(E) - (24/04/2018) - (1) These rules may be called the Fugitive Economic Offenders (Receipt and Management of Confiscated Properties) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette....
Read MoreNotification No. G.S.R. 395(E) - (24/04/2018) - (1) These rules may be called the Fugitive Economic Offenders (Issuance of Provisional Attachment Order) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette....
Read MoreNotification No. G.S.R. 394(E) - (24/04/2018) - (1) These rules may be called the Fugitive Economic Offenders (Issuance of Attachment Order) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette....
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