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Companies Act Section 92 & 137: Default & Penalties for Filings

August 18, 2025 2076 Views 0 comment Print

This case study examines if the ROC can prosecute a company for filing defaults under the Companies Act if the company rectifies the issue within 30 days of receiving a notice.

IBC, 2016: Validity of RP’s Actions in CoC Meeting

August 18, 2025 624 Views 0 comment Print

This case study examines the validity of a Resolution Professional’s actions under the IBC, 2016. It analyzes if an RP can convene a meeting based on a request from a CoC member with less than 33% voting rights and if a notice of less than 24 hours is legally permissible.

SEBI SAST Regulations: Can Escrow Accounts Be Forfeited for Open Offer Defaults?

August 18, 2025 564 Views 0 comment Print

This case study examines if SEBI can forfeit an open offer escrow account for non-compliance with the Takeover Regulations, and details the conditions for the release of these funds.

Greenwashing & Limits of ESG Law: A Call for Regulatory Reform in India

August 18, 2025 1572 Views 0 comment Print

Explore how greenwashing undermines India’s ESG framework. This summary examines regulatory gaps, legal challenges, and the need for stronger laws to ensure transparency and trust.

Never Miss an IPO: The Investor’s Blueprint for Tracking Upcoming Listings in India

August 18, 2025 681 Views 0 comment Print

Stay ahead in the Indian stock market. Learn how to track upcoming IPO dates, subscription windows, and essential data with a reliable IPO calendar.

SC Cancels Bail of Actor Darshan in Murder Case, Says No One Above Law

August 17, 2025 1755 Views 0 comment Print

Supreme Court cancels bail granted by Karnataka HC to actor Darshan and others in Renukaswamy murder case, holding that celebrity status cannot override rule of law.

Section 87A Rebate against Tax computed on STCG: ITAT Judgement

August 17, 2025 8418 Views 0 comment Print

Introduction When I wrote an article on this topic last year, for the very first time, I stated that rebate was not being allowed from 5th June 2024. After that, I received many mails and comments asking what happened to the writs or appeals on it. Later, we taxpayers won that appeal in the High […]

Taxation of Agricultural Income under Indian Law

August 17, 2025 18327 Views 14 comments Print

Explore rules of agricultural income taxation in India. This guide clarifies how agricultural income is defined, what qualifies as tax-exempt, and how it impacts your tax liability.

Accounting for Construction Contracts under AS 7 and Ind AS 115

August 17, 2025 13656 Views 0 comment Print

Executive Summary: Construction contracting in India spans EPC, turnkey, design–build, BOT/BOOT service concessions, real estate development and long‑term project management consulting. Accounting for these arrangements has historically been governed by Accounting Standard (AS) 7 “Construction Contracts” under Indian GAAP and, for Ind AS reporters, by Ind AS 115 “Revenue from Contracts with Customers” read with relevant […]

Overview of Punjab State Development Tax Act, 2025

August 17, 2025 3819 Views 0 comment Print

A summary of the Punjab State Development Tax Act, 2018, as amended in 2025, covering key definitions, tax rates, compliance rules, penalties, and payment requirements.

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