12 August 2024


Search Results for Tag : 2016

Notifications & Circulars

LPG subsidy not available to those with taxable income of over Rs. 10 lakhs(28.12.2015)

The Government has revoked the subsidy on LPG cylinders for consumers (or spouses) that had taxable income of more than Rs. 10 lakhs during the previo.....

Tags : Lpg, subsidy, 2016, taxable income

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News

President Promulgates Enemy Property Ordinance, 2016(08.01.2016)

President of India has promulgated the Enemy Property (Amendment and Validation) Ordinance, 2016 on January 07, 2016 to make amendments to the Enemy P.....

Tags : President , Enemy Property (Amendment and Validation) Ordinance, 2016

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RBI issues Master Directions on Foreign Exchange(04.01.2016)

The Reserve Bank of India released 17 Master Directions covering foreign exchang.....

Tags : Rbi, master directions, fema, 2016

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Statute

Presidential assent concludes legislation season(11.01.2016)

Having been passed by the Parliament in its Winter Session, several Bills received Presidential assent on 31st December 2015 becoming the first Acts o.....

Tags : Legislation, 2016, winter session 2015

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CCI Issues Combination Regulations to Streamline Norms for M&A Filings(13.01.2016)

Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2016, has been no.....

Tags : Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2016

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SEBI Issues SEBI (Delisting of Equity Shares) (Amendment) Regulations, 2016(15.01.2016)

Securities and Exchange Board of India (SEBI) has issued Securities and Exchange Board of India (Delisting of Equity Shares) (Amendment) Regulations,.....

Tags : SEBI (Delisting of Equity Shares) (Amendment) Regulations, 2016

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EPFO withdraws 5 day grace period for depositing dues(12.01.2016)

Employees Provident Fund Organisation has withdrawn the grace period of five days for depositing dues with effect from February, 2016. The EPFO notes .....

Tags : Epfo, grace period, deposit, dues, 2016

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CCI (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2016(07.01.2016)

The Competition Commission of India released Regulations amending the Competition Commission of India (Procedure in regard to the transaction of busin.....

Tags : Competition, combination, regulations, 2016

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Report of the Companies Law Committee(01.02.2016)

The Companies Law Committee has released its Report on .....

Tags : companies act, report, 2016

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Top Story

Kerala’s attempt to regulate hartals, legislate world peace next(05.02.2016)

Public comment on Kerala’s Regulation of Hartal Bill, 2015 remained di.....

Tags : Kerala, hartal, bill, 2016, strike, labour

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Budget session 2016 from 23 February till 13 May(04.02.2016)

The Budget Session of the Parliament in 2016 will begin 23rd February and end on 13th May. The Sessions is expected to have a total of 31 sittings ove.....

Tags : Budget, session, 2016, parliament

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TRAI reveals cellular network data from ‘drive tests’(15.02.2016)

The Telecom Regulatory Authority of India released finding.....

Tags : Trai, drive test, 2016, cellular network

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Differential pricing stopped, differentiation possible still(08.02.2016)

The Telecom Regulatory Authority of India released the ‘Prohibition of Discriminatory Tariffs for Data Services Regulations, 2016’, restraining intern.....

Tags : Differential pricing, regulations, trai, 2016

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Budget to engage more through social media(22.02.2016)

The Finance Minister laid out the Economic Survey 2015-2016 in Parliament on 26 February 2016, while the General Budget 2016-2017 will be presented on.....

Tags : Budget 2016, social media, paper-saving

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Budget: It’s that time of 2016(22.02.2016)

The Parliament’s 2016 Budget Session may prove a misnomer yet what with 16 Bills waiting in the wings and another two to be introduced. Amongst the ne.....

Tags : Budget 2016, bills, pending, introduced

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Chief Justices appointed and justices shuffled(24.02.2016)

Justice Vineet Saran of the Karnataka High Court has been appointed Chief Justice of Orissa High Court. Justice Subhro Kamal Mukherjee, judge of the K.....

Tags : High court, appointment, transfer, high court, February 2016

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Finance Minister Unveils the Union Budget 2016-17(29.02.2016)

Finance Minister Arun Jaitley announced his third Union Budget. With a motive to support the small tax-payer and the small investor, the Minister anno.....

Tags : Union Budget 2016-17, Arun Jaitley

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CENVAT Credit (Third Amendment) Rules, 2016(01.03.2016)

The Ministry of Finance notified CENVAT Credit (Third Amendment) Rules, 2016 amending CENVAT Credit Rules, 2004. Among other changes the amended Rules.....

Tags : cenvat credit, rules 2016

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Busy Budget: Snapshot of the 2016 proposals(29.02.2016)

The Central Government's Budget for 2016-2017 is out and has faced great scrutiny in the public spotlight. Being a large proposal, the devil is in the.....

Tags : budget, 2016-2017, employment, pension, welfare

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Lok Sabha Passes Enemy Property (Amendment and Validation) Bill, 2016(10.03.2016)

Lok Sabha has passed the Enemy Property (Amendment and Validation) Bill, 2016, which amends the Enemy Property Act, 1968.

Tags : Lok Sabha, Enemy Property (Amendment and Validation) Bill, 2016

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Lok Sabha Passes The Aadhaar Bill 2016(11.03.2016)

Lok Sabha has passed the Aadhaar Bill 2016, which seeks to give legal sanction to the unique identification number programme or Aadhaar as a single wi.....

Tags : Lok Sabha, Aadhaar Bill 2016

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Houses of Parliament pass several Bills(14.03.2016)

The Lok Sabha and Rajya Sabha kept up frenetic legislative activity, passing several Bills in the ‘first half’ of the Budget session. Of note is the R.....

Tags : Budget session, 2016, parliament, legislation

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Balbir Singh Chauhan appointed Chairman of Law Commission(14.03.2016)

Former judge of the Supreme Court, Balbir Singh Chauhan, has been appointed as Chairman of the 21st Law Commission, a position he will hold in additio.....

Tags : Law commission, 2016, chairman

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Real estate bill passed, aadhaar number changes rejected(15.03.2016)

The Parliament kept up its newfound legislation fervour, approving the Real Estate (Regulation and Development) Bill, 2016, which aside from providing.....

Tags : Parliament, legislation, budget 2016, companies amemendment

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Real estate bill passed, aadhaar number changes rejected(15.03.2016)

The Parliament kept up its newfound legislation fervour, approving the Real Estate (Regulation and Development) Bill, 2016, which aside from providing.....

Tags : Parliament, legislation, budget 2016, companies amendment

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Punjab Assembly Passes Indian Penal Code (Punjab Amendment) Bill, 2016(23.03.2016)

Punjab Assembly has passed Indian Penal Code (Punjab Amendment) Bill, 2016 that seeks life imprisonment for sacrilege of the Guru Granth Sahib.

Tags : Punjab Assembly, Indian Penal Code (Punjab Amendment) Bill, 2016

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Regional Centre for Biotechnology Bill, 2016(15.03.2016)

The Regional Centre for Biotechnology Bill 2016 was introduce.....

Tags : regional centre, biotechnology, bill 2016

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Cabinet Introduces The Uttarakhand Appropriation (Vote on Account) Ordinance, 2016(01.04.2016)

Ministry of Law and Justice has introduced the Uttarakhand Appropriation (Vote on Account) Ordinance, 2016.

Tags : The Uttarakhand Appropriation (Vote on Account) Ordinance, 2016

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Bio-Medical Waste Management Rules 2016(27.03.2016)

The government has heralded the Bio-Medical Waste (Management and Handling) Rules 2016 as bringing a sea change in the way bio-medical waste will be m.....

Tags : bio-medical waste, rules 2016, management, disposal

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Union Environment Ministry Notifies New Hazardous Waste Management Rules(04.04.2016)

The Hazardous and Other Wastes (Management and Transboundary Movement) Rules, 2016 have been notified by the Union Environment Ministry, replacing its.....

Tags : Hazardous and Other Wastes (Management and Transboundary Movement) Rules, 2016

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RBI Releases First Bi-monthly Monetary Policy Statement, 2016-17(05.04.2016)

Reserve Bank of India (RBI) has released First Bi-monthly Monetary Policy Statement, 2016-17, lowered key interest rates by 25 basis points to 6.5 per.....

Tags : Reserve Bank of India , First Bi-monthly Monetary Policy Statement, 2016-17

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Rajasthan Passes Bills to Ease Land Acquisition(08.04.2016)

Rajasthan has passed the Rajasthan Urban Land (Certification Of Titles) Bill, 2016 and Rajasthan Land Pooling Schemes Bill, giving a landmark legislat.....

Tags : Rajasthan Urban Land (Certification Of Titles) Bill, 2016

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More Forms for e-ITR, more security(04.04.2016)

The Central Board of Direct Taxes announced the electronic filling and filing of Forms 1 and 4S for income tax returns. Furthering the shift to electr.....

Tags : Income tax, electronic filing, 2016

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Govt. Notifies SC/ST (Prevention of Atrocities) Amendment Rules, 2016(18.04.2016)

Amendments done in the Principal Rules namely the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Rules, 1995 by the Scheduled Ca.....

Tags : SC/ST (Prevention of Atrocities) Amendment Rules, 2016

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Amendments in Compensatory Afforestation Fund Bill 2015(20.04.2016)

The Union Cabinet approved amendments to the read»



Real Estate Bill Becomes Act Now(02.05.2016)

Real Estate (Regulation and Development) Bill, 2016 has became an act on May 1.

Tags : Real Estate (Regulation and Development) Bill, 2016

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Six members nominated to Rajya Sabha(25.04.2016)

The President has nominated members to the Rajya Sabha to fill seats left vacant by recent retirements. Persons nominated by the President are Swapan .....

Tags : Rajya sabha, members, nominated, 2016

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Lok Sabha Passes Finance Bill 2016(05.05.2016)

Lok Sabha has approved the Finance Bill 2016 with minor changes including withdrawal of the proposal to tax withdrawal on provident fund.

Tags : Lok Sabha, Finance Bill 2016

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Finance Bill, 2016 Receives Presidential Assent(16.05.2016)

The Finance Bill, 2016 has been enacted as The Finance Act No. 28 of 2016, by receiving Presidential assent as on 14 May 2016.

Tags : The Finance Act No. 28 of 2016

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National Intellectual Rights Policy approved(13.05.2016)

The Union Cabinet approved the National Intellectual Property Rights Policy. The Policy’s Mission Statement states: ‘Stimulate a dynamic, vibrant and .....

Tags : ipr, national policy, 2016

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Submission of statement in XBRL(19.05.2016)

The Reserve Bank of India advised Indian Agents (Authorised Dealer Category – I banks) under the Money Transfer Service Scheme to report MTSS transact.....

Tags : Xbrl, money transfer service, 2016, indian agent

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Special Court provisions in Companies Act now in force(18.05.2016)

The Ministry of Corporate Affairs notified 18 May 2016 as the date on which Sections 2(29)(iv), 435 to 438 and 440 of the Companies Act 2013 came into.....

Tags : Special court, companies act, 2016

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Six institutions incorporated as IITs(25.05.2016)

The Union Cabinet granted retrospective approval to amendment of the Institutes of Technology Act 1961 for the incorporation of six new Indian Institu.....

Tags : indian institution of technology, incorporation, 2016

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Accounting code for payment of Krishi Kalyan Cess(26.05.2016)

The Ministry of Finance allotted ‘Krishi Kalyan Cess’, levied on all taxable services from 1 June 2016, its distinct accounting code.

The t.....

Tags : krishi kalyan cess, accounting code, 2016

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Model Juvenile Justice Rules encompass 49 Forms(25.05.2016)

Draft Model Rules under the Juvenile Justice (Care and Protection of Children) Act 2015 were released by the Ministry of Women and Child Development.<.....

Tags : juvenile justice, draft rules, 2016, rehabilitation, adoption

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Income Declaration & Tax Dispute Resolution Schemes to Come into Force from Tomorrow(31.05.2016)

Central Board of Direct Taxes (CBDT) has said that the Income Declaration Scheme, 2016 and the Direct and Indirect Tax Dispute Resolution Schemes 2016.....

Tags : Central Board of Direct Taxes, Income Declaration Scheme, 2016, Tax Dispute Resolution Schemes

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Indirect Tax Dispute Resolution Scheme Rules, 2016(31.05.2016)

The Ministry of Finance introduced Rules to give effect to Section 18 of the Finance Act 2016.

The Rules provide declarations and manner of.....

Tags : indirect tax, dispute resolution, finance act, 2016

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Direct Tax Dispute Resolution and Equalisation Levy effective 1 June 2016(31.05.2016)

The Direct Tax Dispute Resolution Scheme 2016 under Chapter X of the Finance Act 2016 came into effect on 1 June 2016. Declarations in respect of tax .....

Tags : direct tax, dispute resolution, equalisation levy, finance act, 2016

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Parliament’s monsoon session begins 18 July 2016(29.06.2016)

Parliament will convene in its Monsoon session between 18 July and 12 August, 2016.

20 sittings of the Houses are planned over 26 days, wit.....

Tags : parliament, monsoon session 2016

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Govt. Eases Salary Reporting Norms(05.07.2016)

Govt. has notified Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016 and simplified salary reporting requirements.....

Tags : Govt. , Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016

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Govt. Notifies Aadhaar Act, Operationalises Some of Its Provisions(13.07.2016)

Union Government has notified Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 and operationalised some o.....

Tags : Union Government, Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016

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Sovereign Gold Bonds 2016-17 - Series I(15.07.2016)

The Reserve Bank of India announced subscription of the Sovereign Gold Bonds 2016-2017 open from 18 July 2016 to 22 July 2016.

The date of .....

Tags : Gold bond, 2016-2017, july 2016

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Companies (Share Capital and Debentures) Third Amendment Rules, 2016(19.07.2016)

The government introduced the Companies (Share Capital and Debentures) Third Amendment Rules 2016, amending the extant 2014 rules.

Among th.....

Tags : company, share capital, rules, amendment, 2016

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Lok Sabha Passes The Lokpal and Lokayuktas Bill, 2016(27.07.2016)

Lok Sabha has passed the Lokpal and Lokayuktas Bill, 2016.

Tags : Lok Sabha, Lokpal and Lokayuktas Bill, 2016

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Rajya Sabha Passes Lokpal and Lokayuktas (Amendment) Bill, 2016(29.07.2016)

Rajya Sabha has passed Lokpal and Lokayuktas (Amendment) Bill, 2016, doing away with time limit for public servants to furnish details of their assets.....

Tags : Rajya Sabha , Lokpal and Lokayuktas (Amendment) Bill, 2016

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President Gives Assent to Lokpal and Lokayuktas (Amendment) Act, 2016, Along with Other Two(01.08.2016)

President has given assent to the Child Labour (Prohibition and Regulation) Amendment Act, 2016, the Regional Centre for Biotechnology Act, 2016 and t.....

Tags : President, the Child Labour (Prohibition and Regulation) Amendment Act, 2016, the Regional Centre for Biotechnology Act, 2016 , the Lokpal and Lokayuktas (Amendment) Act, 2016

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MCA Notifies Companies (Incorporation) Third Amendment Rules, 2016(01.08.2016)

Ministry of Corporate Affairs (MCA) has notified Companies (Incorporation) Third Amendment Rules,2016 to amend the Companies (Incorporation) Rules, 20.....

Tags : Ministry of Corporate Affairs , Companies (Incorporation) Third Amendment Rules, 2016

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Rajya Sabha Passes Indian Medical Council (Amendment) Bill and Dentist (Amendment) Bill(02.08.2016)

Rajya Sabha has passed the Indian Medical Council (Amendment) Bill, 2016, and the Dentist (Amendment) Bill, 2016, seeking to amend the Indian Medical .....

Tags : Rajya Sabha , the Indian Medical Council (Amendment) Bill, 2016,, the Dentist (Amendment) Bill, 2016

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Lok Sabha Passes Bill Seeking Expeditious Recovery of Bad Loans by Banks(02.08.2016)

Lok Sabha has passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, which provid.....

Tags : Lok Sabha, Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016

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Parliament Passes Benami Transactions Bill and Institutes of Technology Bill(03.08.2016)

Parliament has passed the Benami Transactions (Prohibition) Amendment Bill, 2016 and the Institutes of Technology (Amendment) Bill, 2016.

Tags : Parliament, Benami Transactions (Prohibition) Amendment Bill, 2015 , the Institutes of Technology (Amendment) Bill- 2016

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Nitin Gadkari Introduces The Motor Vehicles (Amendment) Bill, 2016, in Lok Sabha(09.08.2016)

Nitin Gadkari, Minister of Road Transport and Highways has introduced the Motor Vehicles (Amendment) Bill, 2016, in the Lok Sabha, proposing hefty pen.....

Tags : the Motor Vehicles (Amendment) Bill, 2016, Lok Sabha

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Lok Sabha Passes Employee’s Compensation (Amendment) Bill, 2016(10.08.2016)

Lok Sabha has passed the Employee's Compensation (Amendment) Bill, 2016, that would raise the cap on amount of compensation to be taken up by high cou.....

Tags : Lok Sabha, Employee's Compensation (Amendment) Bill, 2016

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Rajya Sabha Passes a Bill to Expedite Disposal of Debt Recovery Applications(10.08.2016)

Rajya Sabha has passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, which amen.....

Tags : Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, Rajya Sabha

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President Nods for Two More Bills(11.08.2016)

President has given assent to Institutes of Technology (Amendment) Bill, 2016 and National Institutes of Technology, Science Education and Research (A.....

Tags : Institutes of Technology (Amendment) Bill, 2016 , National Institutes of Technology, Science Education and Research (Amendment) Bill, 2016

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Delhi HC Declines Para-Athlete’s Plea(12.08.2016)

Delhi HC has declined to order a re-selection trial for a slot in the Rio 2016 Paralympics on the petition of a national para-athlete saying that qual.....

Tags : Delhi HC, Rio 2016 Paralympics

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President Gives Assent to Recovery Laws(19.08.2016)

President has given assent to the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016.

Tags : President, Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016

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Direct Tax Dispute Resolution Scheme, 2016 Can be Availed Up to 31st December, 2016(16.09.2016)

Direct Tax Dispute Resolution Scheme, 2016, which came into force from 1st June, 2016, can be availed up to 31st December, 2016.

Tags : Direct Tax Dispute Resolution Scheme, 2016

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Lok Sabha Passes Income Tax Amendment Bill(29.11.2016)

Taxation Laws (Second Amendment) Bill 2016, which proposes 30% tax on undisclosed income plus 10% penalty beside a 33% surcharge and 75% tax and 10% p.....

Tags : Taxation Laws, Taxation Laws (Second Amendment) Bill 2016, demonetisation, Lok Sabha

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Taxation Laws (Second Amendment) Act, 2016 Receives President’s Assent(16.12.2016)

Taxation Laws (Second Amendment) Bill, 2016 which was passed by Lok Sabha on 29.11.2016 has received President’s Assent.

Tags : Taxation Laws (Second Amendment) Bill, 2016

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Centre Notifies Regulations for Liquidation Process Under New Bankruptcy Code(19.12.2016)

Central Government has notified rules by which companies can go through liquidation under Insolvency and Bankruptcy Code (IBC), 2016.

Tags : Central Government, liquidation, Insolvency and Bankruptcy Code (IBC), 2016

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Rajya Sabha Passes Enemy Property (Amendment and Validation) Bill, 2016(14.03.2017)

Rajya Sabha has passed Enemy Property (Amendment and Validation) Bill, 2016 that seeks to amend Enemy Property Act, 1968, to vest all rights, titles a.....

Tags : Rajya Sabha, Enemy Property (Amendment and Validation) Bill, 2016

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Maternity Bill, 2016 Receives Prez Assent(29.03.2017)

Maternity Benefit (Amendment) Bill, 2016 which entitles women working in organised sector to paid maternity leave of 26 weeks, up from 12 weeks has re.....

Tags : Maternity Benefit (Amendment) Bill, 2016

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Mental Healthcare Act, 2016: Suicide Attempt by Mentally Ill People Not Punishable(10.04.2017)

President Pranab Mukherjee has given his assent to Mental Healthcare Act, 2016 that decriminalizes attempts to commit suicide by a mentally ill person.....

Tags : Mental Healthcare Act, 2016

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Lok Sabha Passes Motor Vehicles Amendment Bill 2016, Fines Raised by 5 Times(11.04.2017)

Lok Sabha has passed Motor Vehicles (Amendment) Bill, which seeks to reduce crashes, deaths and injuries on roads and bring reforms in road transport .....

Tags : Lok Sabha, Motor Vehicles Amendment Bill 2016

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Government Notifies Remaining Sections of RERA, Act Shall Come into Full Force From May 1, 2017(20.04.2017)

Central Government has issued a notification announcing that sections 3-19, 40, 59-70, 79 and 80 of Real Estate (Regulation and Development) Act, 2016.....

Tags : Central Government, Real Estate (Regulation and Development) Act, 2016,

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Madras High Court Seeks Jayalalithaa's Fingerprint Details From Bengaluru Jail(29.11.2017)

Madras High Court Seeks Jayalalithaa's Fingerprint Details From Bengaluru Jail

Tags : The matter relates to a petition filed by P Saravanan, DMK candidate for the November 2016 Thirupparankundram Assembly bypoll, challenging the election of AIADMK's A K Bose.

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CONSTITUTION - Delhi HC Dismisses PIL Challenging Amendments to PMLA Through Finance Act(28.02.2019)

Delhi High Court has dismissed the PIL filed by Congress Leader Jairam Ramesh challenging the amendments to Prevention of Money Laundering Act, 2002 t.....

Tags : Delhi High Court, Prevention of Money Laundering Act, 2002, Finance Acts of 2015, 2016 and 2018

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Rajasthan High Court Rules Benami Amendment Act, 2016 Cannot be Enforced Retrospectively(26.07.2019)

Rajasthan High Court has ruled that Benami Transactions (Prohibition) Amendment Act, 2016 cannot have retrospective effect. Under the amended law whic.....

Tags : Rajasthan High Court, Benami Amendment Act, 2016

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Supreme Court Upholds High Court Decision to Quash Manipur Public Service Commission Exam, 2016(25.11.2019)

Supreme Court has upheld the decision of the Manipur High Court to quash Manipur Public Service Commission 2016 (Main) Exam with directions to conduct.....

Tags : Supreme Court,Manipur Public Service Commission Exam, 2016

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Calcutta HC Sets Aside 2016 Recruitment Process for Assistant Teachers in Upper Primary Schools(14.12.2020)

Calcutta High Court has cancelled and set aside the 1st State Level Selection Test, 2016 for recruitment of Assistant Teachers in Upper Primary school.....

Tags : Calcutta High Court, 2016 Recruitment Process for Assistant Teachers

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Supreme Court Rejects Aadhaar Review Plea in 4:1 Verdict(21.01.2021)

Supreme Court has dismissed a petition seeking re-examination of its 2018 verdict by which the Aadhaar Act, 2016 was declared valid and constitutional.....

Tags : Supreme Court, Validity of Aadhar Act, 2016

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Delhi Court Grants Bail to Kanhaiya Kumar, Umar Khalid and Ors in 2016 JNU Sedition Case(16.03.2021)

Delhi Court has granted bail to all the accused persons in the 2016 JNU Sedition case involving former JNU Students' Union president Kanhaiya Kumar, U.....

Tags : Delhi Court, 2016 JNU Sedition Case

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SC Upholds Constitutional Validity of the Rajasthan Schools (Regulation of Fee) Act 2016(04.05.2021)

Supreme Court has upheld the constitutional validity of the Rajasthan Schools (Regulation of Fee) Act, 2016. The Court has however read down Sections .....

Tags : Supreme Court, Rajasthan Schools (Regulation of Fee) Act, 2016

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Jharkhand HC Quashes Merit List of 6th Combined Civil Service Examination 2016(08.06.2021)

Jharkhand High Court has quashed the merit list of the 6th Combined Civil service Examination, 2016 which was conducted by the State Public Service Co.....

Tags : Jharkhand High Court, Merit List of 6th Combined Civil Service Examination 2016

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Madras HC: Benami Transactions (Prohibition) Amendment Act, 2016 Can Be Applied Retrospectively(06.09.2021)

Madras High Court has opined that in respect of the benami transactions entered into prior to the Benami Transactions (Prohibition) Amendment Act, 201.....

Tags : Madras High Court, Benami Transactions (Prohibition) Amendment Act, 2016

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Karnataka High Court Dismisses Batch of Petitions Challenging 2016 Yogesh Gowda Murder Case(19.10.2021)

Karnataka High Court has dismissed a batch of petitions including that filed by former State Minister Vinay Kulkarni, challenging entrustment of the 2.....

Tags : Karnataka High Court, 2016 Yogesh Gowda Murder Case

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Karnataka HC Directs to Comply with UGC (Institutions Deemed to be Universities) Regulations, 2016(03.12.2021)

Karnataka High Court has directed the University Grants Commission (UGC) and the Central Government to comply with the mandate of the UGC (Institution.....

Tags : Karnataka High Court, UGC (Institutions Deemed to be Universities) Regulations, 2016

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NCLAT: No Bar in Pendency of Execution Proceedings u/s 9 IBC(07.04.2022)

National Company Law Appellate Tribunal has observed that the pendency of an execution petition does not bar the operational creditor from filing a pe.....

Tags : National Company Law Appellate Tribunal, execution petition, Section 9 of the Insolvency and Bankruptcy Code, 2016

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NCLAT Delhi: Resolution Professional Cannot Decide Eligibility Under Section 29A IBC(07.04.2022)

National Company Law Appellate Tribunal has observed that the Resolution Professional is not required to take a decision in regard to the ineligibili.....

Tags : National Company Law Appellate Tribunal, Resolution Professional, Section 29A of the Insolvency & Bankruptcy Code, 2016, Resolution Applicant

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CESTAT, Ahmedabad: Service Tax Cannot be Levied Based on Income Declared Under IDS(13.04.2022)

Customs, Excise, and Service Tax Appellate Tribunal, Ahmedabad has observed that service tax cannot be levied merely because the income declared under.....

Tags : Customs, Excise, and Service Tax Appellate Tribunal, service tax, Income Declaration Scheme, 2016

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Rajasthan HC: Appeals u/s 58 RERA Act to be Filed with Court Fees(13.04.2022)

Rajasthan High Court has held that where there is no specific provision for payment of Court fees on appeals under Section 58 of the Real Estate Regul.....

Tags : Rajasthan High Court, Real Estate Regulatory Authority Act, 2016, Rule 37, Section 58

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Allahabad HC: Compliance of Pre-Deposit Mandatory Under RERA Act Before Entertainment(18.04.2022)

Allahabad High Court has ruled that the statutory compliance of a pre-deposit under Section 43(5) of the Real Estate (Regulation and Development) Act,.....

Tags : Allahabad High Court, Section 43(5) of the Real Estate (Regulation and Development) Act, 2016, Appellate Tribunal

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NCLAT, Delhi: Quantum of Debt Not to be Decided At Stage of Admission of S. 7 IBC Application(18.04.2022)

National Company Law Appellate Tribunal, Delhi has observed that the quantum of debt is not to be considered at the stage of admission of a petition u.....

Tags : National Company Law Appellate Tribunal, Section 7 of the Insolvency and Bankruptcy Code, 2016, admission

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NCLAT, Delhi: Time Period Under Regulation 35A is Directory, Not Mandatory(27.04.2022)

National Company Law Appellate Tribunal, has observed that period of time prescribed under Regulation 35A of the IBBI (Insolvency Resolution Process f.....

Tags : National Company Law Appellate Tribunal, Regulation 35A, IBBI (Insolvency Resolution Process for Corporate Persons) (CIRP) Regulations, 2016

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NCLAT, Delhi: Time Period Under Regulation 35A is Directory, Not Mandatory(27.04.2022)

National Company Law Appellate Tribunal, has observed that period of time prescribed under Regulation 35A of the IBBI (Insolvency Resolution Process f.....

Tags : National Company Law Appellate Tribunal, Regulation 35A, IBBI (Insolvency Resolution Process for Corporate Persons) (CIRP) Regulations, 2016

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Bombay HC: No Bar on Court Exercising Jurisdiction Even When Application U/S 7 of IBC is Filed(27.04.2022)

Bombay High Court has ruled that since application under Section 7 of the Insolvency and Bankruptcy Code, 2016 is filed, which is pending for consider.....

Tags : Bombay High Court, Section 7, Insolvency and Bankruptcy Code, 2016, Section 11, Arbitration and Conciliation Act, 1996

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NCLAT: Interest Free Security Deposit is an Operational Debt(28.04.2022)

National Company Law Appellate Tribunal has observed that an interest free security deposit towards advance license fee will qualifies as an operation.....

Tags : National Company Law Appellate Tribunal, interest free, security deposit, Insolvency & Bankruptcy Code, 2016

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NCLAT: Territorial Jurisdiction Cannot be Taken Away by Agreement Between Parties(28.04.2022)

National Company Law Appellate Tribunal has observed that the territorial jurisdiction of NCLT to decide a case under the Insolvency and Bankruptcy Co.....

Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code, 2016, territorial jurisdiction

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Supreme Court: Insolvency And Bankruptcy Code is Not for Money Recovery Proceedings(28.04.2022)

Supreme Court has reiterated that the provisions of Insolvency and Bankruptcy Code, 2016 are basically intended to bring the corporate debtor to its f.....

Tags : Supreme Court, Insolvency and Bankruptcy Code, 2016

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Rajasthan HC: Respondents Have Right to Legal Representation Before Regulatory Authority/ Tribunal(29.04.2022)

Rajasthan High Court has observed that Section 56 of the Rajasthan Real Estate (Regulation and Development) Act, 2016, inasmuch as it excludes right o.....

Tags : Rajasthan High Court, Section 56 of the Rajasthan Real Estate (Regulation and Development) Act, 2016, Appellate Tribunal, Regulatory Authority, adjudicating officer, ultra vires

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NCLAT: Resolution Professional Can Submit An Additional Report Under Section 99 I&B Code(29.04.2022)

National Company Law Appellate Tribunal has observed that the Resolution Professional can submit an additional report under Section 99 of the Insolven.....

Tags : National Company Law Appellate Tribunal, Section 99, Insolvency & Bankruptcy Code, 2016

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NCLAT: If Credit Facility Agreement is Unstamped, Petition U/S Section 7 is Maintainable(29.04.2022)

National Company Law Appellate Tribunal has observed that if a credit facility agreement is unstamped, then petition under Section 7 of the Insolvency.....

Tags : National Company Law Appellate Tribunal, credit facility, Section 7, Insolvency and Bankruptcy Code, 2016

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NCLT, Chennai: No Conflict Among Prohibition of Benami Property Transaction Act and IBC, 2016(06.05.2022)

National Company Law Tribunal, Chennai has ruled that there is no conflict between the Prohibition of Benami Property Transaction Act, 1988 and the In.....

Tags : National Company Law Tribunal, Prohibition of Benami Property Transaction Act, 1988, Insolvency and Bankruptcy Code, 2016, attachment of property

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NCLAT: Threshold of Rs.1 Crore Is Required for Initiation of CIRP(12.05.2022)

National Company Law Appellate Tribunal (NCLAT) has ruled that an application filed after 24.03.2020 under Section 7 of the Insolvency and Bankruptcy .....

Tags : National Company Law Appellate Tribunal, Section 7, Insolvency and Bankruptcy Code, 2016, threshold, One Crore

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NCLAT: NCLT Doesn't Have Power to Classify Transaction As Preferential Transaction(16.05.2022)

National Company Law Appellate Law Tribunal, has observed that NCLT does not have the power to suo-moto classify a transaction as a Preferential Trans.....

Tags : National Company Law Appellate Law Tribunal, Section 44, Insolvency and Bankruptcy Code, 2016, Preferential Transaction

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Delhi HC: Pendency of Insolvency Petition Is Not Bar to Appointment of Arbitrator(16.05.2022)

Delhi High Court has observed that the mere pendency of an insolvency petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 is not a ba.....

Tags : Delhi High Court, Section 9, Insolvency and Bankruptcy Code, 2016, Arbitrator

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NCLAT: Salary Incrementation is Valid by Employment Agreement or Board Resolution(16.05.2022)

National Company Law Appellate Tribunal, (NCLAT) has observed that salary incrementation is valid only by an employment agreement or board resolution .....

Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code, 2016, Section 9

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NCLAT: Insolvency Cannot be Initiated on Basis of Unpaid LTC And Leave Encashment Dues(16.05.2022)

National Company Law Appellate Tribunal, has ruled that the welfare claims such as Leave Encashment, superannuation dues are not operational debt for .....

Tags : National Company Law Appellate Tribunal, Leave Encashment, Corporate Debtor, Section 9, Insolvency & Bankruptcy Code, 2016, superannuation dues

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NCLAT: Salary Incrementation is Valid by Employment Agreement or Board Resolution(16.05.2022)

National Company Law Appellate Tribunal, (NCLAT) has observed that salary incrementation is valid only by an employment agreement or board resolution .....

Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code, 2016, Section 9

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SC: Appeal Under IBC is Valid Only if it is Initiated Within 30 days From Date of Order(17.05.2022)

Supreme Court has ruled that an appeal under the Insolvency and Bankruptcy Code, 2016 (IBC) is only acceptable if it is filed within 30 days from the .....

Tags : Supreme Court, Insolvency and Bankruptcy Code, 2016, 30 days, National Company Law Tribunal

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SC Declares Noida As Operational Creditor Under IBC(18.05.2022)

Supreme Court has ruled that the NOIDA is an operational creditor under the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC).

Tags : Supreme Court, NOIDA, Insolvency and Bankruptcy Code, 2016, creditor

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Supreme Court Reiterates Section 18 Limitation Act Is Applicable To IBC Proceedings(19.05.2022)

Supreme Court reiterates that the provisions of Section 18 of the Limitation Act are applicable to proceedings under the Insolvency and Bankruptcy C C.....

Tags : Supreme Court, Insolvency and Bankruptcy Code, 2016, Section 18 Limitation Act

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Supreme Court Expresses Disappointment Over Inadequate Implementation of RPwD Act, 2016(23.04.2024)

SC while expressing its disappointment at dismal state of enforcement of Rights of Persons with Disabilities Act, 2016, has directed Department of Dis.....

Tags : Supreme Court, RPwD Act, 2016, Dismal

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NCLAT: Payment of Lease Amount, Rent & Premium Arising During CIRP Cannot Be Considered as CIRP Costs(28.10.2024)

The National Company Law Appellate Tribunal (NCLAT) has observed that the payment of lease amount, lease rent and premium arising during CIRP cannot b.....

Tags : National Company Law Appellate Tribunal, CIRP Cost, Section 14, Insolvency and Bankruptcy Code, 2016

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NCLAT: Dissenting Financial Creditor Entitled to Liquidation Value of its Secured Interest only(28.10.2024)

The National Company Law Appellate Tribunal (NCLAT) has observed that as per Section 30(2)(b) of Insolvency and Bankruptcy Code, 2016 (IBC), a dissent.....

Tags : National Company Law Appellate Tribunal, Section 30(2)(b), Insolvency and Bankruptcy Code, 2016

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NCLAT: Section 43(1) of IBC applicable when Corporate Debtor has given a preference in transaction(09.12.2024)

National Company Law Appellate Tribunal (NCLAT) has observed that the condition precedent for attracting Section 43(1) of Insolvency and Bankruptcy Co.....

Tags : National Company Law Appellate Tribunal, Insolvency and Bankruptcy Code, 2016

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