Supreme Court rules a subsidiary’s asset mortgage for its holding company’s loan is a preferential transaction. Lenders become secured creditors, not financial creditors, of the subsidiary in its CIRP.
Delhi High Court rules that inter-se disputes between LLP partners are to be tried under Commercial Courts Act, not before NCLT under LLP Act provisions.
NCLAT rules that licensors claiming license fees for premises are Operational Creditors and such fees constitute Operational Debt under IBC, clarifying previous judicial divergence on the matter.
Supreme Court upheld a clause in an Employment appointment letter requiring the employee to either serve a minimum of three years or pay ₹2,00,000 in case of early resignation.
Explore comprehensive motor insurance policies in India, detailing covered damages, optional add-ons, and crucial aspects of third-party liability limits. Understand how policy terms define insurer responsibility.
Understand the conditions under which a company can revoke declared dividends. Learn the legal differences between final and interim dividends and their revocability based on shareholder approval and company circumstances.
A comprehensive vehicle insurance claim for theft cannot be repudiated or settled on a non-standard basis due to alleged taxi use, as established by Supreme Court precedent on breach of policy conditions.
In a significant decision, the Supreme Court of India dismisses an NCLT petition for oppression and mismanagement, citing a pending civil case regarding shareholding disputes in Oswal Agro Mills Ltd. and Oswal Greentech Ltd. Details on the legal battle and implications.
Understand Stridhan under Hindu Law and its taxation in India. Learn about a woman’s absolute property rights, income tax treatment, and CBDT guidelines on gold jewelry ownership.
Companies (Audit and Auditors) Amendment Rules, 2025, which becomes effective on July 14, 2025, directly impacts the filing of Form ADT-1, particularly concerning the appointment of a company’s first auditor.
