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System-Generated vs. Officer-Initiated: A Guide to Deploying DRC-01B & ASMT-13

January 5, 2026 1425 Views 0 comment Print

This article clarifies the legal distinction between system-generated mismatch intimations and officer-led best judgment assessments, explaining when each form can lawfully be issued.

Resolution Below Liquidation Value: Commercial Wisdom or Legal Time Bomb?

January 5, 2026 528 Views 0 comment Print

This article examines whether approving resolution plans below liquidation value aligns with economic logic under insolvency law and highlights the long-term legal risks such approvals may trigger.

India’s Labour Laws Simplified: Four Codes Replace 29 Outdated Acts

January 5, 2026 1542 Views 0 comment Print

The new labour codes unify wages, industrial relations, social security, and workplace safety laws, making compliance simpler and protections broader for all workers.

Checklist for Interim Dividend under Companies Act, 2013

January 5, 2026 3891 Views 0 comment Print

Interim dividend can be declared solely by the Board of Directors under the Companies Act. Shareholder consent is not required if statutory conditions are met.

Marble Industry In Rajasthan: Upcoming Challenges And Future Prospects

January 5, 2026 1461 Views 0 comment Print

The industry struggles with extraction cost inflation, compliance pressures, and outdated technology. Strategic modernization and green practices are essential for sustainability and growth.

Why India’s Microfinance Boom Triggered a Regulatory Clampdown

January 5, 2026 1005 Views 1 comment Print

Rapid expansion led to overleveraging and rising defaults, forcing regulators to shift focus from growth to stability. The key takeaway is that unchecked lending can undermine both financial health and inclusion.

Understanding Boundaries of LRS and Foreign Asset Compliance

January 5, 2026 582 Views 0 comment Print

The Tribunal held that while overseas remittances under LRS may be lawful, their end-use must comply with FEMA regulations. LRS cannot override statutory restrictions on foreign lending or account holding.

Merger of EOU Pharmaceutical Companies: A Compliance & Regulatory Perspective

January 5, 2026 534 Views 0 comment Print

The case highlights how mergers involving EOU pharmaceutical entities demand approvals under GST, DGFT, Customs, and sectoral laws. The key takeaway is that EOU benefits survive only with prior permissions and strict procedural compliance.

New Era of Indian Labour Laws: A Strategic Impact Analysis for IT Industry

January 5, 2026 1086 Views 0 comment Print

The case framework explains how the new wage definition mandates that at least 50% of remuneration must qualify as wages. This directly impacts minimum wage compliance and statutory contributions.

What Qualifies as Salary Income: Taxability of Basic Pay, Allowances & Perquisites

January 5, 2026 1608 Views 0 comment Print

The article breaks down salary components such as basic salary, allowances, and perquisites. It highlights which parts are fully taxable and which may qualify for exemptions.

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