Delhi High Court clarifies that reasonable payments to trustees do not automatically revoke a trust’s tax exemption under Sections 11 and 12, overturning the Revenue’s challenge.
Supreme Court ruling on employee wages during CIRP: Only those who worked are eligible for CIRP costs. Provident, gratuity, and pension funds are excluded from liquidation estate.
Understand the “Pari Delicto” doctrine in contract and tort law, meaning “in equal fault.” Learn how it affects recovery in illegal agreements, its exceptions, and application in insurance contracts in India.
ITAT ruled DTAA exemption cannot be denied solely for non-availability of a Tax Residency Certificate (TRC). Circumstantial evidence can suffice, and DTAA prevails over domestic law.
Defining sexual harassment at the workplace as per Indian law (POSH Act, 2013) and international norms. Covers unwelcome conduct, types of harassment (quid pro quo, hostile environment), who is protected, and what constitutes a workplace.
IRDAI’s Bima Vahak initiative aims to expand insurance reach in rural areas. It introduces a women-centric distribution channel for Bima Vistar, an affordable bundled policy.
Understand Own Damage Motor Insurance, its coverage for natural and man-made disasters, and the step-by-step claim process. Learn about essential documents and key considerations.
An analysis of the Audit Committee’s authority over omnibus approvals for related party transactions under Indian company law, including criteria, limitations, and the implications of unratified transactions.
The Supreme Court clarified the definition of ‘owner’ under Section 2(30) of the Motor Vehicles Act, establishing that the registered person is liable, especially in unregistered vehicle transfers, for compensation claims.
Overview of insolvency resolution for non-corporate MSMEs, detailing current IBC provisions, the Pre-packaged Insolvency Resolution Process (PPIRP) for corporate MSMEs, and international approaches to address non-corporate insolvencies.