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Higher Payment to Trustee Not Automatically Disqualify Trust from Tax Exemption: Delhi HC

July 29, 2025 1503 Views 0 comment Print

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.

Salaries during CIRP are CIRP Costs; PF, Gratuity Excluded from Liquidation Estate: SC

July 29, 2025 1623 Views 0 comment Print

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.

Pari Delicto Doctrine: Meaning and Legal Implications

July 29, 2025 1680 Views 0 comment Print

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.

DTAA Exemption cannot be denied for non-availability of TRC: ITAT Hyderabad

July 29, 2025 1794 Views 0 comment Print

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.

Meaning of Sexual harassment at the workplace

July 29, 2025 1707 Views 0 comment Print

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.

Bima Vahak: A New Women Centric Insurance Distribution Approach

July 29, 2025 1377 Views 0 comment Print

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.

What Is Own Damage Motor Insurance Policy & Claim Process

July 29, 2025 1260 Views 0 comment Print

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.

Analysis of Power of Audit Committee On Omnibus Approvals

July 29, 2025 2706 Views 0 comment Print

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.

Supreme Court Defines ‘Owner’ Under Motor Vehicles Act

July 29, 2025 14706 Views 0 comment Print

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.

Insolvency Resolution Process For Non-Corporate MSMEs

July 29, 2025 615 Views 0 comment Print

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.

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