27 June 2022


Search Results for Tag : PAN

Blast from the Past

Winding a fine line between ‘public interest’ and interest(02.08.2004)

Tobacco advertising occupies a grey area in the debate on moral policing. On the one hand is consumer will and freedom to consume a legal substance, o.....

Tags : Pan masala, public interest, ban, state

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Statute

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

read»



Winding a fine line between ‘public interest’ and interest(02.08.2004)

Tobacco advertising occupies a grey area in the debate on moral policing. On the one hand is consumer will and freedom to consume a legal substance, o.....

Tags : Pan masala, public interest, ban, state

read»



Top Story

Supreme Court upheld linking of Aadhaar with PAN card mandatory for filing ITR(09.06.2017)

Supreme Court has upheld linking of Aadhaar card with PAN card mandatory for filing income tax returns in a judgment titled as Binoy Viswam v. Union o.....

Tags : Aadhar, PAN, Linking, Mandatory

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DARPAN – “Digital Advancement of Rural Post Office for A New India” launched(21.12.2017)

With the aim of enhancing the rural reach of the Department of Posts, the Minister of Communications launched DARPAN – “Digital Advancement of Rural P.....

Tags : DARPAN, Launch, Digital Advancement

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Prime Minister unveiled 12 key initiatives for expansion of MSMEs(02.11.2018)

The Prime Minister launched a historic support and outreach programme for the Micro, Small and Medium Enterprises (MSME) sector. Twelve key initiative.....

Tags : MSMEs, Expansion, Initiative, Launch

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RBI expands scope of non-resident Rupee Accounts(22.11.2019)

Reserve Bank of India in consultation with Government of India widens scope of Special Non-Resident Rupee accounts (SNRR) aiming to promote the usage .....

Tags : SNRR, Scope, Expansion

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CBDT Notifies PAN-Aadhaar Interchangeability(07.11.2019)

The Central Board of Direct Taxes, a statutory authority, has notified the amendments of over 100 forms and returns to provide for interchangeability .....

Tags : PAN, Aadhaar, Linakage, Notification

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Finance Minister launches facility of Instant PAN through Aadhaar based e-KYC(28.05.2020)

Union Minister for Finance & Corporate Affairs formally launched the facility for instant allotment of PAN (on near to real time basis). The facility .....

Tags : Instant PAN, Facility, Launch

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Central Government set to expand Public Electric Vehicle Charging Infrastructure across the nation(19.02.2022)

The Government of India has undertaken multiple initiatives to promote the manufacturing and adoption of electric vehicles in the country. Due to the .....

Tags : Electric Vehicle, Charging Infrastructure, Expansion

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MCA amends Nidhi Rules, 2014 to safeguard the interest of general public(20.04.2022)

Initially, there was no requirement for a company to obtain a declaration from the Central Government in order to operate as a Nidhi Company under the.....

Tags : Mandatory, Nidhi companies, declaration

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Cabinet expands the mandate of Government e Marketplace to allow procurement by Cooperatives as Buyers(01.06.2022)

The Union Cabinet, chaired by the Prime Minister has given its approval for expanding the mandate of GeM to allow procurement by Cooperatives as buyer.....

Tags : GeM, Expansion, Approval

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Ministry of Corporate Affairs amends Companies (Incorporation) Amendment Rules, 2021(25.01.2021)

Ministry of Corporate Affair (MCA) has notified Companies (Incorporation) Amendment Rules, 2021 which sought to amend the Companies (Incorporation) Ru.....

Tags : Companies, Incorporation, Rules, Amendment

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International Cases

Court can make an order relieving a person from civil liability for a broad range of contraventions if the person concerned acted honestly and no substantial injustice is caused to any person(15.07.2021)

In facts of present case, on 13 May 2021, the Plaintiff, Jit Sun Investments Pte Ltd (Jit Sun Investments), filed an originating process seeking order.....

Tags : Deregistered Company, Reinstatement, Registration

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Burden to prove that ESTA applies in relation to a specific occupier rests on the occupier who invokes the application of the Act(29.04.2022)

The issue in present application for special leave to appeal is whether a community of about 300 people who occupied the Applicant’s property known as.....

Tags : Occupants, Onus, Proof

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Japanese whalers hunt over 200 pregnant whales for ‘science’(04.04.2016)

Japanese fishermen’s haul of whales from their recent expedition in the Antarctic was met with an unsurprisingly apoplectic reaction from neighbouring.....

Tags : japan, whaling, scientific research, ban

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Judgments

Hindustan Motors continues to roll on its last cylinder(28.09.2015)

Hindustan Motors was granted reprieve against an order of the Board for Industrial and Financial Reconstruction restraining it from disposing of its a.....

Tags : Hindustan motors, sick, company, formal order

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Court dismisses food adulteration proceedings against Kishore Biyani(29.09.2015)

In a case where upon finding a violation of the Prevention of Food Adulteration Rules, 1955 for insufficient information on the label of ‘Chana Besan’.....

Tags : Food adulteration, vicarious, management, company, misbranding

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Employee of company has same locus standi as creditor(24.08.2015)

A three-judge bench of the Madhya Pradesh High Court answered the question, whether an employee of a company qualifies as a creditor of the company, i.....

Tags : Employee, creditor, company, debt

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Mere reference of numerous members not having the same interest does not raise presumption of non-maintainability(12.08.2015)

In a case where the Petitioner, with over 3,000 members, alleged non-maintainability of a suit filed by one member disputing a resolution taken in an .....

Tags : Company, jurisdiction, single member, complaint

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Death due to Covid should be specifically mentioned in death certificate issued by Appropriate Authority(30.06.2021)

Present writ petitions have been filed in Public Interest seeking directions to the Respondents-Central/State Governments to provide ex gratia monetar.....

Tags : Pandemic, Relief, Direction thereto

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Inconsistent witness testimony fails to deter SC from relying on it(16.06.2016)

The Supreme Court overlooked discrepancies in the testimony of a prosecution witness, and upheld the conviction on its basis, determining the inconsis.....

Tags : assault, prosecution witness, discrepancy

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Confession though retracted is an admission and binds the Petitioner(31.03.2022)

Present appeal has been filled against the Order-in- Original adjudicating authority vide which the request for cross examination of panch-witnesses a.....

Tags : cross examination, Panch-witnesses, Request

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Court declines exclusive use of ‘Eagle’ in trade mark(23.09.2015)

In a case where Pantaloons was found to be riding on the goodwill of the Plaintiff in respect of its trade mark ‘American Eagle Outfitters’ and ‘Ameri.....

Tags : Pantaloons, eagle, trade mark, american

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Supreme court upholds minimum educational requirements to contest polls(10.12.2015)

The Supreme Court upheld amendments effected by the Haryana Panchayati Raj (Amendment) Act, 2015 which specified educational criteria for those lookin.....

Tags : Haryana, election, panchayat, criteria

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When assessee is a capital service provider, there is no necessity to provide negative working capital adjustment(09.08.2021)

Two issues raised in present case is namely-- (i) Assessee's prayer regarding inclusion of Crystal Voxx Limited in the final list of comparable compan.....

Tags : Assessment, List, Comparable companies

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Company Court to not wield power at winding-up under SARFAESI(29.12.2015)

Provisions of the Companies Act, 1956 in respect of dues of workmen and their protection are incorporated under the Securitisation Act, 2002 and legal.....

Tags : Sarfaesi, companies act, conditions, secured asset

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There is no presumption that a decision taken by persons occupying high posts is valid(11.02.2020)

The Appellant was commissioned in the Mechanised Infantry of Indian Army on 13th June, 1981 and was subsequently transferred to the Corps of Intellige.....

Tags : Promotion, Non-empanelment, Legality

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Tribunal could only correct clerical or arithmetical errors after adjudication(08.08.2016)

In present case, Appellant claimed occupancy rights in the land by filing an application in Form 7 under Karnataka Land Reforms Rules, 1974 and invoki.....

Tags : Land, Occupancy rights, Amendment, Permissibility

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Notifications & Circulars

Fee waiver for e-filed forms extended(16.05.2016)

The one time waiver of additional fees applicable to all e-forms due for filing by companies between 25 March 2016 and 31 May 2016 has been extended a.....

Tags : companies, e-filing, fee waiver

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Foreign investment limits in Credit Information Companies revised(19.05.2016)

Foreign Direct Investment caps in Credit Information Companies have been raised significantly, including up to 100 per cent foreign ownership.

Tags : Credit information company, foreign investment

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UBS AG no longer a banking company(19.05.2016)

The Reserve Bank of India notified USB AG, the Swiss multinational financial services firm, to have ceased being a ‘banking company’ under the Banking.....

Tags : Ubs, swiss, banking company, banking act

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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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Restrictions on Promoters and Whole-Time Directors of Compulsorily Delisted Companies Pending Fulfillment of Exit Offers to the Shareholders(07.09.2016)

In terms of section 21A of the Securities Contracts (Regulation) Act, 1956 (SCR Act) read with rule 21 of the Securities Contracts (Regulation) Rules,.....

Tags : Restrictions, Promoters, Delisted Companies, Investors interest, Protection

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Third Session of the India-Namibia Joint Trade Committee (JTC)(07.09.2016)

The Third Session of the India-Namibia Joint Trade Committee was held in New Delhi, 07th September, 2016. The Indian delegation was led by Hon'ble Min.....

Tags : Economic expansion, Trade Committee

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Delisting of BSE and NSE companies(29.11.2016)

The Securities and Exchange Board of India (SEBI) has informed that Section 21A of the Securities Contracts (Regulation) Act, 1956 read with rule 21 o.....

Tags : Companies, De-listing

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CCI imposes penalties on cement companies for bid-rigging(19.01.2017)

The Competition Commission of India ('CCI') has imposed penalties on 7 cement companies for bid rigging of a tender floated by the Director, Supplies .....

Tags : Penalty, Levy, Cement companies

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Income Tax (IT) Department simplifies linking PAN with Aadhar for taxpayers using Income Tax India website(11.05.2017)

The Income Tax (IT) Department has made it easy for taxpayers to link their PAN with Aadhar. Responding to grievances of taxpayers regarding difficult.....

Tags : Simplification, Link, PAN, Aadhar

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Implementation of the expanded India-Chile PTA(14.05.2017)

India and Chile have entered into another milestone in their trade relations as an agreement on expansion of India-Chile PTA which was signed on 6th S.....

Tags : Expansion, PTA, Agreement

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Handbook, Module & Guidelines on Safe Childhood Programme for Gram Panchayats Released(05.06.2017)

A Handbook along with Module & Guidelines on protection of Child Rights at Gram Panchayat level was released jointly by National Commission for Protec.....

Tags : Guidelines, Safe Childhood, Gram Panchayats

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Report on measures for improved monitoring of CSR released(01.01.1900)

A High Level Panel constituted by the Ministry of Corporate Affairs has released a report suggesting measures for monitoring the progress of implement.....

Tags : Company, corporate social responsibility, report, high level

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Report on measures for improved monitoring of CSR released(19.10.2015)

A High Level Panel constituted by the Ministry of Corporate Affairs has released a report suggesting measures for monitoring the progress of implement.....

Tags : Company, corporate social responsibility, report, high level

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Department of Financial Services advises all Banks to take immediate steps to put restrictions on bank accounts of over two lakh 'struck off' companies(05.09.2017)

Government has stepped up decisive action against companies falling within the ambit of Section 248 of the Companies Act. The names of 2,09,032 compan.....

Tags : Bank accounts, Companies, 'Struck off'

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Comments invited on minimum alternate tax report(28.04.2016)

The Central Board of Direct Taxes is receiving comments on the recommendations of the Committee on Minimum Alternate Tax for Indian Accounting Standar.....

Tags : minimum alternate tax, company, ind as

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TRAI conducted an Open House Discussion (OHD) on Consultation Paper on "Empanelment of Auditors for Digital Addressable Systems"(18.04.2018)

The Telecom Regulatory Authority of India (TRAI) convened an Open House Discussion (OHD) on Consultation Paper on "Empanelment of Auditors for Digital.....

Tags : Discussion, Empanelment, Auditors

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UIAI to become functional soon(12.07.2016)

Marking the ever nearer constitution of the Unique Identification Authority of India, the Central government introduced the Unique Identification Auth.....

Tags : Uiai, adhaar, selection, panel

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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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RBI Working Paper No. 4/2018: Economic Activity and its Determinants: A Panel Analysis of Indian States(26.07.2018)

The Reserve Bank of India today placed on its website today a Working Paper titled "Economic Activity and its Determinants: A Panel Analysis of Indian.....

Tags : Economic Activity, Determinants, Panel Analysis

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Expansion of PNG and CNG coverage in the country(06.02.2019)

Petroleum and Natural Gas Regulatory Board (PNGRB) is the authority to grant authorization to the entities for the development of City Gas Distributio.....

Tags : Expansion, PNG, CNG coverage

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CBDT issues PAN and TAN within 1 day to improve Ease of Doing Business(11.04.2017)

In order to improve the Ease of Doing Business for newly incorporated corporates, CBDT has tied up with Ministry of Corporate Affairs (MCA) to issue P.....

Tags : PAN, TAN, Issuance

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Extension of time to submit proposals for empanelment in the panel of Auditors to carry out Audit of Digital Addressable Systems(29.04.2019)

The Telecom Regulatory Authority of India (TRAI) had issued Expression of Interest (EOI) for Empanelment of Auditors to Carry out Audit of Digital Add.....

Tags : Time, Extension, Empanelment, Auditors

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Cabinet approves Implementation of the Cabinet's decision dated 28th December, 2016 regarding pharmaceutical companies in the public sector - seeking modification therein(17.07.2019)

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the following decisions:

Modifying the earlier decision dated 28.12.2.....

Tags : Pharmaceutical companies, Decision, Implementation

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MHA clarifies Misplaced Apprehensions of Industry Associations regarding Legal liability on Company CEOs, if employees found COVID-19 positive(23.04.2020)

No Separate/Fresh Permissions required from Authorities for Industries already permitted to operate prior to 15.04.2020, in areas falling outside Cont.....

Tags : Clarification, Apprehensions, Legal liability, Company CEOs

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One-time relaxation with respect to validity of SEBI Observations(21.04.2020)

1. In view of the impact of the COVID-19 pandemic, based on representations from various industry bodies, SEBI has decided to grant the following one .....

Tags : One-time relaxation, Grant, Impact, COVID-19 pandemic

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Companies (Incorporation) Second Amendment Rules, 2021(01.02.2021)

In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby .....

Tags : Companies, Incorporation

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Producer Companies Rules, 2021(11.02.2021)

In exercise of the powers conferred by sub-section (4) of section 378H and sub-section (1) of section 378ZL read with sub-sections (1) and (2) of sect.....

Tags : Producer Companies, Investment, Rules

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SOP for listed subsidiary company desirous of getting delisted through Scheme of Arrangement wherein the listed parent holding company and listed subsidiary are in same line of business(06.07.2021)

1. SEBI, vide notification dated June 10, 2021, has notified the amendments made to the SEBI (Delisting of Equity Shares) Regulations, 2021 wherein, i.....

Tags : SOP, Subsidiary Company, Delisting

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Draft to determine company’s ‘Place of Effective Management’(23.12.2015)

The Ministry of Finance has released draft guidelines proposing principles to determine the ‘place of effective management’ of a company, for the purp.....

Tags : Income tax, company, effect management, draft, principles

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Ministry of Agriculture and Farmers welfare signs 5 MOUs with private companies for taking forward digital agriculture(14.09.2021)

Modernisation of the Agriculture sector will continue by infusing new technologies so that farmers can increase their income. Agriculture Minister Nar.....

Tags : Agriculture, MOU, Private Companies

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RBI releases the Report of the Working Group to Review the Regulatory and Supervisory Framework for Core Investment Companies(06.11.2019)

The Reserve Bank of India had constituted a Working Group (WG) to Review Regulatory and Supervisory Framework for Core Investment Companies (CICs), on.....

Tags : Report, Release, Core Investment Companies

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RBI imposes monetary penalty on Amrit Malwa Capital Limited, Jalandhar, Punjab(28.09.2021)

The Reserve Bank of India (RBI) has, by an order dated September 28, 2021, imposed a monetary penalty of Rs.10 lakh (Rupees Ten Lakh only) on Amrit Ma.....

Tags : Penalty, Imposition, Company

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Expanding and Deepening of Digital Payments Ecosystem(07.10.2019)

With a view to expanding and deepening the digital payments ecosystem, it has been decided that all State/UT Level Bankers Committees (SLBCs/UTLBCs) s.....

Tags : Expanding, Digital Payments, Ecosystem

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Notification regarding specified bank to mean a banking company which is a scheduled bank and has been appointed as an agent under Section 45 of Reserve Bank of India Act, 1934(02.09.2021)

In exercise of the powers conferred by clause (a) of Explanation to section 194P of the Income-tax Act, 1961 (43 of 1961), the Central Government here.....

Tags : Specified bank, Banking company, Notification

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Expansion of EPF Ambit(06.02.2017)

To bring in more employees from public and private sector into the ambit of Employees' Provident Fund Organization (EPFO), an Employees' Enrolment Cam.....

Tags : Expansion, EPF, Enrolment Campaign, Launch

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Special knowledge or practical experience useful to banking companies(24.11.2016)

In exercise of the powers conferred by Section 10A(2)(a)(ix) of the Banking Regulation Act, 1949, Section 19A(1)(a)(viii) of State Bank of India Act, .....

Tags : Special knowledge, Utility, Companies

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Extension of LLP Settlement Scheme, 2020(09.11.2020)

1. In continuation to this Ministry's General Circular No. 13/2020 dated 30.03.2020 and in the General Circular No. 31/2020 dated 28.09.2020 the schem.....

Tags : Pandemic, Extension, LLP Scheme, 2020

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Cabinet approves expansion of beneficiaries list under Pradhan Mantri Ujjwala Yojana(17.12.2018)

The Cabinet Committee on Economic Affairs (CCEA) chaired by Hon'ble Prime Minister, Shri Narendra Modi, cleared the proposal of Ministry of Petroleum .....

Tags : Beneficiaries list, Expansion, Approval

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Panic Button becomes available to women with launch of ERSS and pan-India Emergency number 112(19.02.2019)

Investigation Tracking System for Sexual Offences (ITSSO) and Safe City Implementation Monitoring Portal also launched Rs. 78.86 crores announced to s.....

Tags : Panic Button, Availability, Women

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Commerce Minister Holds Meeting With E-Commerce And Tech Companies(18.06.2019)

Union Minister of Commerce and Industry & Railways, Piyush Goyal, held an extensive consultation with tech industry and e-Commerce companies in New De.....

Tags : Meeting, E-Commerce, Tech Companies

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Committee on Asset Reconstruction Companies invites views and suggestions from stakeholders(28.04.2021)

As part of the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on April 7, 2021, the Reserve Bank.....

Tags : Committee, Asset Reconstruction Companies, Stakeholders

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MAT no longer applicable to foreign companies(24.09.2015)

Government of India has decided that with effect from 01.04.2001, the provisions of Section 115JB of the Income Tax Act, 1961 will not be applicable t.....

Tags : Mat, 115jb, income tax, foreign company

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Companies (Acceptance of Deposits) Second Amendment Rules, 2015(15.09.2015)

The Ministry of Corporate Affairs notified amendment to Rule 2(i)(c)(viii) of the Companies (Acceptance of Deposits) Rules, 2014. Aside from being per.....

Tags : Company, director, funds, give, declaration

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National Company Law Appellate Tribunal (Salaries, Allowances and other Terms and Conditions of Service of Chairperson and other Members) Rules, 2015(19.08.2015)

The Central government issued the Rules, 2015, enumerating the benefits available to the Chairperson of the National Company Law Appellate Tribunal u.....

Tags : chairperson, company law appellate tribunal, benefits

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National Company Law Tribunal (Salary, Allowances and other Terms and Conditions of Service of President and other Members) Rules, 2015(19.08.2015)

The Central government issued the Rules, 2015, enumerating the benefits available to the President of the National Company Law Tribunal under the Comp.....

Tags : President, company law tribunal, benefits

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Japan's ODA Loan for Chennai and Ahmedabad Metro worth Rs. 5,479 crore(29.11.2015)

The Ministry of Finance has signed an agreement with Japan, accepting funding towards the Chennai and Ahmedabad Metro projects. The loan, under Offici.....

Tags : Development assistance, japan, metro projects

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Greater vigilance for multiple directorships and common addresses of companies(03.11.2015)

The Special Investigation Team has sought permission from the Ministry of Corporate Affairs to take action against violations of the Companies Act, 19.....

Tags : Company, address, operating, directorship

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Exemption from the provisions of sections 387 to 392 Companies Act, 2013 to the specified companies(05.08.2021)

In exercise of the powers conferred by section 393A of the Companies Act, 2013 (18 of 2013), the Central Government hereby exempts, from the provision.....

Tags : Exemption, Provisions, Specified companies

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SEBI cautions investors against investing in unlisted companies(16.03.2016)

The Securities and Exchange Board of India cautioned against unlisted companies luring retail investors by issuing securities without complying with c.....

Tags : Sebi, unlisted company, investment

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Relaxation of additional fees and extension of last date in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act, 2013-UT of J&K and UT of Ladakh(31.01.2020)

Sir

In continuation to General Circular No. 15/2019 dated 28-11-2019 and keeping in view of the requests received from various stakeholders.....

Tags : Annual Return, Companies Act, 2013

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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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Advisory to citizens regarding use of caution against Ed-tech Companies(23.12.2021)

Given the pervasive impact of technology in education, many ed-tech companies have started offering courses, tutorials, coaching for competitive exams.....

Tags : Advisory, Citizens, Ed-tech Companies

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Cases pertaining to 'Panama Papers': Investigation in full swing(06.11.2017)

Pursuant to revelations made by the International Consortium of Investigative Journalists (ICIJ), a Washington based organization in April 2016 about .....

Tags : Panama Papers, Investigation

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Central Registration Centre established under Companies Act, 2013(22.01.2016)

The Ministry of Corporate Affairs has established a Central Registration Centre to process and decide applications for reservation of names under the .....

Tags : Central registration, company, name, reservation

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Companies (Incorporation) Amendment Rules, 2016(22.01.2016)

The Ministry of Corporate Affairs has notified Companies (Incorporation) Am.....

Tags : Company, incorporation, reservation of name

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Pan Masala Packing Machines (Capacity Determination And Collection of Duty) Amendment Rules, 2016(01.03.2016)

The Central Board of Excise and Customs notified Pan Masala Packing Machines (Capacity Determination And Collection of Duty) Amendment Rules, 2016 ame.....

Tags : pan masala, duties, packing machines

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Exemption of a Banking Company from the application of the provisions of Sections 5 and 6 of the Competition Act, 2002(11.03.2020)

In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government hereby exempts a Ban.....

Tags : Exemption, Banking Company, Application, Provisions

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RBI releases proposed changes in regulations applicable to Housing Finance Companies for public comments(17.06.2020)

Post transfer of regulation of HFCs from National Housing Bank (NHB) to Reserve Bank with effect from 9th August , 2019, a Press Release dated August .....

Tags : Changes, Regulations, Housing Finance Companies for

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Relaxations for Listed Companies having stressed assets(23.06.2020)

SEBI has decided to relax the pricing methodology for preferential issues by listed companies having stressed assets and exempt allottees of preferent.....

Tags : Relaxations, Listed Companies, Stressed assets

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National Company Law Tribunal effective 1 June 2016(01.06.2016)

The Central Government constituted the National Company Law Tribunal and Appellate Tribunal for hearing matters arising under the Companies Act and th.....

Tags : companies act, bankruptcy code, company law tribunal

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New application process to fast track the allotment of PAN and TAN(22.07.2016)

For fast tracking the allotment of PAN and TAN to company applicants, Digital Signature Certificate(DSC) based application procedure has been introduc.....

Tags : Fast track, Allotment, PAN, TAN, Application process

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RBI requires frequent updates on CP and UFCE investments(23.06.2016)

Investment by banks and financial institutions in commercial papers will have to be reported monthly to all credit information companies, the Reserve .....

Tags : commercial paper, unhedged exposure, reporting, credit company

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Review of Guidelines for Core Investment Companies(13.08.2020)

1. Please refer to the report of the Working Group (WG) to Review the Regulatory and Supervisory Framework for Core Investment Companies (CICs), const.....

Tags : Review, Guidelines, Investment Companies

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Nidhi (Amendment) Rules, 2022(19.04.2022)

In exercise of the powers conferred by sub-section (1) of section 406 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18.....

Tags : Amendment, Nidhi Companies

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News

Punjab and Haryana High Court Refuses to Stay Haryana Polls Bar(15.09.2015)

Punjab and Haryana HC has denied to stay provisions of Haryana Panchayati Raj (Amendment) Bill, 2015, through which education qualification was set up.....

Tags : Punjab and Haryana HC,Haryana Panchayati Raj (Amendment) Bill, 2015

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Bombay HC Directs Ganesh Pandal Violators to Contribute to CM Relief Fund(16.09.2015)

Bombay HC has directed Ganesh pandal organisers, on Thane-Belapur Road to pay Rs 1 lakh by Wednesday to Chief Minister’s relief fund. The court impose.....

Tags : Bombay HC,Ganesh pandal

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SC Stays Provisions Prescribing Minimum Educational Qualifications for Haryana Panchayat Polls(18.09.2015)

SC has stayed Haryana Panchayati Raj (Amendment) Act, 2015 provisions prescribing minimum educational qualifications for panchayat polls contestants, .....

Tags : SC,Haryana Panchayati Raj (Amendt.) Act, 2015

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CCI Orders Enquiry Against A Leading Taxi Aggregator For Predatory Pricing(21.09.2015)

Competition Commission of India (CCI) has ordered an enquiry against a leading taxi aggregator company in India for alleged indulging in predatory pri.....

Tags : Competition Commission of India,taxi aggregator company

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Allahabad High Court: Appointment of Uttar Pradesh Higher Education Services Chief is Illegal(23.09.2015)

Allahabad High Court has declared appointment of retired IAS officer Lal Bihari Pandey as the chairman of the UP Higher Education Services Commission .....

Tags : Allahabad High Court,Lal Bihari Pandey

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MP High Court Directs Action Against Policeman who Beat Up Lawyer in Pandarinath(23.09.2015)

MP High Court while taking a petition seeking immediate action against policemen who thrashed a lawyer during violence in Pandarinath area, has direct.....

Tags : MP High Court, Policeman,Pandarinath

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NCLT Dismisses Mistry’s Contempt Plea Against Tata Sons(19.01.2017)

National Company Law Tribunal (NCLT) has dismissed contempt plea filed by Cyrus Mistry's family firms against Tata Sons but gave Former Chairman an op.....

Tags : National Company Law Tribunal, Cyrus Mistry, Tata Sons, Contempt Plea

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Madras High Court: ‘Katta Panchayats’ Subverts Judicial Process(20.01.2017)

Madras High Court, while holding that 'katta Panchayats' (Kangaroo Courts) subverted judicial process, has warned it will frame guidelines if State Go.....

Tags : Madras High Court, Katta Panchayats’, Kangaroo Courts

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Supreme Court Directs BCCI Chief Executive To Take Charge For Interim Period(23.01.2017)

Supreme Court has directed that BCCI Chief Executive Rahul Johri will be the caretaker head of Board until the committee of administrators is appointe.....

Tags : Supreme Court, BCCI, Lodha Panel, BCCI Chief Executive

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Supreme Court Modifies Order on Disqualification For BCCI Officials(23.01.2017)

Supreme Court has modified its earlier order to say that 9-year tenure of an office bearer in Board and any State Association would not be considered .....

Tags : Supreme Court, BCCI, Lodha Panel

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Supreme Court Extends Free Ride On DND Expressway For Eight Weeks(23.01.2017)

Supreme Court, while extending free ride on Delhi-Noida DND flyway for another eight weeks, has given two more months time to Comptroller and Auditor .....

Tags : Supreme Court, DND Expressway, Toll, Noida Toll Bridge Company

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SC Seeks Centre's Response on Extending Lodha Suggestions For Other Sports Bodies(24.01.2017)

Supreme Court has sought response from Centre on a petition seeking to form a Lodha Panel-like committee, in order to look into irregularities in othe.....

Tags : Supreme Court, Lodha Panel, Sports Bodies

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Supreme Court Rejects All Names Suggested By Panel For Administrators to Run BCCI(24.01.2017)

Supreme Court has rejected all names suggested by two-member panel for functioning of Board of Cricket for Control in India (BCCI).

Tags : Supreme Court, BCCI , Lodha panel

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Supreme Court Dismisses Govt.'s Allegation Over RIL Arbitration(23.09.2015)

SC has dismissed Govt.'s allegation of biasness against an arbitrator in an ongoing arbitration to resolve a row with Reliance Industries over Panna-M.....

Tags : SC ,RIL Arbitration ,Panna-Mukta oilfields

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NCLT: Promoters Cannot Escape Liquidation of Personal Assets(19.07.2017)

National Company Law Tribunal has held that personal properties of Promoters given as security to Banks can be proceeded against, in spite of initiati.....

Tags : National Company Law Tribunal, insolvency proceedings

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SC to Centre: Recover Wages To Workmen Against Tea Companies(24.07.2017)

Supreme Court has directed Centre to proceed against erring tea companies, by calling upon the statutory authorities to issue notices to them, for rec.....

Tags : Supreme Court, Tea Companies

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Kashmiri Pandits’ Killings: Supreme Court Refuses to Reopen 215 Cases(24.07.2017)

Supreme Court has refused to reopen 215 cases in which 700 Kashmiri Pandits were killed during the 1989-90 unrest in the Valley.

Tags : Supreme Court, Kashmiri Pandits

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NCLT: Proceedings u/s 138 NI Act Have Nothing To Do With Insolvency Application Under I&B Code(28.07.2017)

National Company Law Tribunal has ruled that disclosure of fact of initiation of proceedings u/s 138 of Negotiable Instruments Act in not necessary wh.....

Tags : National Company Law Tribunal, Insolvency and Bankruptcy Code

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#Income Tax: IT Department Starts Accepting Returns Without Linking PAN-Aadhaar(31.07.2017)

Income Tax department has started accepting returns without linking PAN with Aadhaar Number upto 5 lakhs. This is due to people are facing problems wi.....

Tags : Income Tax, PAN, Aadhar

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NGT to Delhi Government: Solve Panchsheel Traffic Issue(09.12.2015)

National Green Tribunal (NGT) directed Delhi Government and police to inspect Panchsheel Park in South Delhi and find ways to avoid massive traffic co.....

Tags : National Green Tribunal, Panchsheel Park

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SC: Educational Qualification Must for Haryana Panchayat Polls(10.12.2015)

Supreme Court has upheld Haryana Govt. decision for contestant to be literate and have toilets in their home to contest panchayat election.

Tags : Supreme Court , Haryana Panchayat Polls

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Allahabad HC Allows Music System At Varanasi Ghat For Modi and Abe Visit(11.12.2015)

Allahabad High Court has granted permission for installation of music system at Dashashwamedh Ghat in Varanasi where Prime Minister Narendra Modi, acc.....

Tags : Allahabad High Court, Prime Minister Narendra Modi, Japanese counterpart Shinzo Abe

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Madras HC Orders Insurance Company to Implement Centre's Circular Regarding Women Employees’ Transfer(14.12.2015)

Madras High Court has ordered Chairman of National Insurance Company to implement circular issued by Centre directing insurance companies to post/tran.....

Tags : Madras High Court, National Insurance Company , women employees

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NCLT Dismisses Cyrus Mistry’s Plea to Transfer Case Against Tata Sons(09.10.2017)

National Company Law Tribunal (NCLT) has dismissed a petition moved by Cyrus Mistry’s firms seeking transfer of their company petition against Tata So.....

Tags : National Company Law Tribunal, Tata Sons

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Gujarat HC: Mere Allotment of PAN Would Not Make Allottee a Separate Entity(09.10.2017)

Gujarat High Court has held that mere allotment of Permanent Account Number (PAN) under section 139A of Income Tax Act, 1961 would not not make the al.....

Tags : Gujarat HC, PAN

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Supreme Court Rules Out Setting up SIT to Probe Panama Leak Cases(10.10.2017)

Supreme Court has ruled out setting up of a separate Special Investigation Team (SIT) to probe alleged revelation of offshore accounts of Indians in P.....

Tags : Supreme Court, Panama Papers Case

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Madras HC Asks Bar Council to Examine Advocate’s Conduct(24.12.2015)

Madras High Court while taking a serious view of a lawyer accusing the judiciary of conducting a Katta Panchayat (kangaroo court) when his petition wa.....

Tags : Madras High Court, Advocate’s Conduct , Katta Panchayat

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Hyderabad High Court Directs Auction of Agrigold Assets(28.12.2015)

Hyderabad High Court has directed to sell the assets of Agrigold company for returning the customers’ money.

Tags : Hyderabad High Court, Agrigold company

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Madras HC Declines to Grant any Interim Stay on Release of Movie on Veerappan(30.12.2015)

Madras High Court has declined to grant any interim stay on release of film 'Killing Veerappan' directed by Ramgopal Verma.

Tags : Madras High Court, Movie on Veerappan

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CCI Permits Union Bank's 49% Stake Buy in Union KBC AMC(31.12.2015)

Central Information Commission (CIC)has approved Union Bank of India's proposed acquisition of 49 per cent stake in Union KBC Asset Management Company.....

Tags : Central Information Commission , Union KBC Asset Management Company

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PAN Must for Cash Payment of Hotel Bill over Rs 50,000 from Tomorrow(31.12.2015)

Furnishing PAN has been made mandatory from tomorrow for cash transactions such as hotel or foreign travel bills exceeding Rs 50,000. Department of In.....

Tags : PAN , Department of Income Tax

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RBI Tightens Norms for Banks Lending to Overseas Subsidiary of Indian Companies(04.01.2016)

Reserve Bank of India (RBI) has tightened norms for banks lending to overseas subsidiary of Indian companies by raising the provisions substantially a.....

Tags : Reserve Bank of India , subsidiary of Indian companies

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UIDAI: PAN–Aadhaar Linking Not applicable to NRIs, PIOs, OCIs(21.11.2017)

Unique Identification Authority of India (UIDAI) has clarified that PAN – Aadhaar linking is not applicable to Non-Resident Indians (NRIs), Person of .....

Tags : UIDAI, PAN, Aadhaar

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Madras HC Upholds Right of Government to Keep a Check on Spending of Public Money by Panchayats(30.11.2015)

Madras HC while expressing concern over complaints of misappropriation of huge amounts of panchayat funds by their office-bearers by misusing autonomy.....

Tags : Madras HC, Panchayats

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SC Asks CBI to Accelerate Investigation in Multi-Crore Rupee Chit-Fund Scam Cases(01.12.2015)

Supreme Court has asked CBI to accelerate its investigation in multi-crore rupee chit-fund scam cases against Seashore group of companies in Odisha.

Tags : Supreme Court , multi-crore rupee chit-fund scam cases , Seashore group of companies

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SEBI Relaxes Delisting Procedure for Small Companies(01.12.2015)

Securities and Exchange Board of India (SEBI) in order to weed out a large number of illiquid stocks has relaxed delisting norms for small companies a.....

Tags : Securities and Exchange Board of India , Small Companies

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SEBI Eases Penal Provision for Deemed Public Offers(01.12.2015)

Securities and Exchange Board of India (SEBI) has said that unlisted companies raising funds through securities without having a public offer document.....

Tags : SEBI, unlisted companies

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RBI Cancels License of 56 NBFCs(07.12.2015)

Reserve Bank of India (RBI) has cancelled a bulk of Non-Banking Financial Companies (NBFCs) Licence, for either violating regulatory norms or surrende.....

Tags : Reserve Bank of India , Non-Banking Financial Companies

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Supreme Court: Panchayat Certificate No Proof of Citizenship(06.12.2017)

Supreme Court has held that a certificate issued by the Gram Panchayat secretary or the executive magistrate by itself was “no proof of citizenship” u.....

Tags : Supreme Court, Panchayat Certificate

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P&H High Court: Revisit Policy on Reserving Posts on Rotation Basis(18.04.2016)

P&H High Court, in a move to bring a significant development that may change the way gram panchayats elections are held in Haryana, has asked an Addit.....

Tags : P&H High Court, gram panchayats elections

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Allahabad HC Cancels Order Sacking Magsaysay Awardee from IIT-BHU(25.04.2016)

Allahabad HC has turned down an order terminating contract of Magsaysay awardee Sandee Pandey as a visiting faculty member by IIT-Banaras Hindu Univer.....

Tags : Allahabad HC, Sandee Pandey

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Sebi Fines Equitypandit Financial Rs 40 lakh for Unauthorised Investment Acts(03.04.2018)

SEBI has imposed a fine of Rs 40 lakh on Equitypandit Financial Services for carrying out unauthorised investment advisory services.

Tags : SEBI, Equitypandit Financial

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Supreme Court Says, 'Will Not Interfere in West Bengal Panchayat Polls'(09.04.2018)

Supreme Court has refused to interfere in the upcoming West Bengal's panchayat polls, saying parties should approach the State Election Commission wit.....

Tags : Supreme Court, West Bengal, Panchayat Polls

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Govt. Amends Income Tax Rules, Inserts New Column for Transgenders in PAN Application Form(10.04.2018)

Central Board of Direct Taxes (CBDT) has introduced a new column for Transgenders in PAN Application Form i.e., Form 49A and Form 49AA by amending the.....

Tags : Income Tax, PAN

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Calcutta High Court Stays Poll Panel Flip-flop on Panchayat Polls(11.04.2018)

Calcutta High Court has stayed an order of the State Election Commission [SEC] recalling its previous one extending the deadline for filing of nominat.....

Tags : Calcutta High Court, Panchayat Polls

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Supreme Court: Approach High Court for Bengal Panchayat Polls Issue(12.04.2018)

Supreme Court has asked the BJP to approach the Calcutta High Court with its grievances over the deadline for filing of nominations for the West Benga.....

Tags : Supreme Court, Panchayat Polls

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SC Seeks Response of Finance Ministry, RBI & SEBI on Panama Plea(10.05.2016)

SC has sought response from Finance Ministry, RBI and SEBI on a plea seeking a CBI probe against those named in the Panama papers.

Tags : SC, Panama

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SC Quashes Pansare’s Plea(13.05.2016)

SC has quashed petition of activist-academic Megha Pansare seeking a stay in framing of charges against the prime accused, Sameer Gaikwad, an activist.....

Tags : SC , Pansare

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SC Denies To Stay Non-Bailable Warrant against Pankaj Bhujbal(19.05.2016)

SC has denied to stay a Non-Bailable Warrant against Pankaj Bhujbal, son of senior NCP leader Chaggan Bhujbal, in a money laundering case in connectio.....

Tags : SC, Pankaj Bhujbal

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Bombay HC Stays Trial against Sooraj Pancholi(24.05.2016)

Bombay High Court has once again stayed the trial against actor Sooraj Pancholi, accused of abetting the suicide of actress Jiah Khan and posted the m.....

Tags : Bombay High Court, Sooraj Pancholi, Jiah Khan

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Calcutta High Court Questions New Panchayat Election Date Set By Bengal Election Body(02.05.2018)

Calcutta High Court has said that the date of Bengal rural elections will be finalised by a division bench after verifying security arrangements acros.....

Tags : Calcutta High Court, Panchayat Polls

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MCA Amends Companies (Appointment and Qualification of Directors) Rules, 2014(09.05.2018)

Ministry of Corporate Affairs (MCA) has amended Companies (Appointment and Qualification of Directors) Rules, 2014 by the Companies (Appointment and Q.....

Tags : Companies, Directors

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MCA Amends Companies (Meetings of Board and Its Powers) Rules 2014(09.05.2018)

Ministry of Corporate Affairs (MCA) has amended the Companies (Meetings of Board and Its Powers) Rules 2014 by the Companies (Meetings of Board and It.....

Tags : Companies, Directors

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Bombay HC Vacates Stay Granted to Sooraj Pancholi(03.05.2016)

Bombay HC has vacated stay granted earlier on trial against actor Sooraj Pancholi in the Jiah Khan suicide case.

Tags : Bombay HC , Sooraj Pancholi

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SC Stays NCLAT Order Allowing Reliance Communication to Sell Tower Assets(16.04.2018)

Supreme Court has stayed National Company Law Appellate Tribunal’s (NCLAT) order that allowed selling of towers and fibre assets by Reliance Communica.....

Tags : Supreme Court, National Company Law Appellate Tribunal, Reliance Communications

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Calcutta High Court Extends Stay on West Bengal Panchayat Polls Process(17.04.2018)

Calcutta High Court has extended by a day its stay on the West Bengal's panchayat election process.

Tags : Calcutta High Court, Panchayat Polls

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Madras High Court Rejects Plea Against 70% Solar Imports Safeguard(17.04.2018)

Madras High Court has dismissed the petition challenging the Directorate General of Safeguards’ recommendation of 70% safeguard duty on import of sola.....

Tags : Madras High Court, Solar Panels

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Calcutta HC: Issue Fresh Order Extending Dates For Filing Nomination For Panchayat Polls(23.04.2018)

Calcutta High Court has directed the West Bengal State Election Commission to notify fresh dates for filing of nominations for panchayat elections wh.....

Tags : Calcutta High Court, Panchayat Polls

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Calcutta HC Asks State EC To Accept Nominations on WhatsApp(26.04.2018)

Calcutta High Court has asked the State Election Commission to treat as valid the nomination papers of nine candidates from Bhangore who had sent the .....

Tags : Calcutta High Court, Panchayat Polls

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Calcutta HC Asks State EC To Accept Poll Nominations on WhatsApp(26.04.2018)

Calcutta High Court has asked the State Election Commission to treat as valid the nomination papers of nine candidates from Bhangore who had sent the .....

Tags : Calcutta High Court, Panchayat Polls

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Madras High Court Dismisses DMK Plea for Disqualification of O. Panneerselvam(01.05.2018)

Madras High Court has dismissed petitions seeking disqualification of Tamil Nadu Deputy Chief Minister O. Panneerselvam and 10 other MLAs for having d.....

Tags : Madras High Court, O. Panneerselvam

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Actor Aditya Pancholi Convicted for Assaulting His Neighbour In 2005(07.11.2016)

A Mumbai Base Court has convicted Bollywood Actor Aditya Pancholi and sentenced him to one-year imprisonment for assaulting his neighbor; however, lat.....

Tags : Aditya Pancholi, imprisonment, bail

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Bombay High Court Dismisses PIL Against Pandharkawda Tigress Shooting(24.10.2018)

Bombay High Court has dismissed a fresh PIL questioning the discrepancies between two orders regarding an operation to tranquilise and shoot the tigre.....

Tags : Bombay High Court, Pandharkawda Tigress Shooting

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Two Child Norm Valid for Contesting Panchayat Polls Even if Third Given for Adoption: Supreme Court(25.10.2018)

Supreme Court has ruled that birth of a third child would automatically disqualify a person from contesting panchayat polls and from holding the post .....

Tags : Supreme Court, Two Child Norm, Panchayat Polls

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NCLAT Stays Resolution Plan for Assam Company on SEBI Plea(26.10.2018)

National Company Law Appellate Tribunal (NCLAT) has stayed the resolution plan approved by the Guwahati Bench of National Company Law Tribunal (NCLT) .....

Tags : NCLAT, Assam Company (India) Ltd.

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NCLAT Stays Resolution Plan for Assam Company on SEBI Plea(26.10.2018)

National Company Law Appellate Tribunal (NCLAT) has stayed the resolution plan approved by the Guwahati Bench of National Company Law Tribunal (NCLT) .....

Tags : NCLAT, Assam Company (India) Ltd.

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NCLAT Stays NCLT's Assam Company Takeover Order(29.10.2018)

Supreme Court has ordered Central Vigilance Commissioner (CVC) to complete his inquiry into Central Bureau of Investigation director Alok Verma in two.....

Tags : NCLAT, Assam Company

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NCLAT Stays NCLT's Assam Company Takeover Order(29.10.2018)

National Company Law Appellate Tribunal has stayed till the next hearing, BRS Ventures’ Rs 12.14 billion resolution plan for taking over of Assam Comp.....

Tags : NCLAT, Assam Company

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SC Appoints Former CAG Vinod Rai As BCCI Chief(30.01.2017)

Supreme Court has announced names of four administrators to run Board of Control for Cricket in India (BCCI), which includes Former CAG Vinod Rai, His.....

Tags : Supreme Court, BCCI , Lodha panel, BCCI President

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Govt: Certificate of Incorporation Shall Mention Company’s PAN Number(31.01.2017)

Central Government has notified Companies (Incorporation) Amendment Rules, 2017 which came into force on 30.01.2017 that mandates to mention Company’s.....

Tags : Central Government, Certificate of Incorporation, PAN Number

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NCLT Rejects Plea Seeking Stay on TATA’s EGM on Feb 06(01.02.2017)

National Company Law Tribunal (NCLT) has refused to grant a stay on Tata Sons’ decision to call an Extraordinary General Meeting (EGM) on February 6, .....

Tags : National Company Law Tribunal, Tata Sons, Extraordinary General Meeting

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Government Hikes Excise Duty on Cigarettes, Tobacco, Pan Masala(01.02.2017)

Government has increased excise duty on cigars and cheroots to 12.5%, on pan masala to 9%, and on other unmanufactured tobacco to 8.3%.

Tags : Government, Excise duty, cigars, pan masala, tobacco

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Japan's Supreme Court Rejects Claim For 'Right to be Forgotten' on Google(03.02.2017)

Japan’s Supreme Court has rejected a man’s attempt to argue for “right to be forgotten” in order to have references to his arrest for child prostituti.....

Tags : Supreme Court, Japan, Right to be Forgotten, Google

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Job Experience as Assistant Company Secretary can't be Treated as That of Company Secretary: SC(07.02.2019)

Supreme Court has observed that Job Experience as Assistant Company Secretary or a Management Trainee cannot be treated 'as' that of a Company Secreta.....

Tags : Supreme Court, Company Secretary'

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Delhi HC Upholds Validity of Rule 3(2) Of Companies (Registered Valuers & Valuation) Rules(12.02.2019)

Delhi High Court has upheld validity of Rule 3(2) of the Companies (Registered Valuers and Valuation) Rules, according to which no partnership entity .....

Tags : Delhi High Court, Companies (Registered Valuers & Valuation) Rules

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Bombay HC to ACB: Complete Sion-Panvel Highway Tender Scam Probe in 3 Months(28.03.2017)

Bombay High Court has directed Anti-Corruption Bureau (ACB) to complete its open inquiry into alleged Sion-Panvel Highway tender scam within three mon.....

Tags : Bombay High Court , Sion-Panvel Highway

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Supreme Court: Companies Cannot Claim 'Premium' Received on Shares as 'Deduction'(29.03.2017)

Supreme Court has held that premium collected by companies on its subscribed share capital does not come within the ambit of “capital employed in busi.....

Tags : Supreme Court,Income Tax Act, Company

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INSOLVENCY - NCLAT Allows Implementation of Arcelor Mittal's Resolution Plan for Essar Steel(19.03.2019)

National Company Law Appellate Tribunal (NCLAT) has given conditional approval to Arcelor Mittal's Rs 42,000 crore resolution plan for Essar Steel, su.....

Tags : National Company Law Appellate Tribunal, Arcelor Mittal, Essar Steel

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COMPANY - Statutory Dues of Companies are Operational Debt: NCLAT(22.03.2019)

National Company Law Appellate Tribunal (NCLAT) has held that statutory liability, including income tax and value added tax dues, of debt-ridden compa.....

Tags : NCLAT, Statutory Dues of Companies, Operational Debt

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CRIMINAL - Delhi High Court Directs FIR Against Former Police Chief(22.03.2019)

Delhi High Court, while retaining a decision by a single judge, has directed registration of FIR against former Delhi Police commissioner Neeraj Kumar.....

Tags : Delhi High Court, Neeraj Kumar, Vinod Kumar Pandey

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INSOLVENCY - NCLAT Sets Aside Jyoti Structures Liquidation(25.03.2019)

National Company Law Appellate Tribunal (NCLAT) has set aside the order to liquidate Jyoti Structure and asked the Mumbai bench of NCLT to consider th.....

Tags : National Company Law Appellate Tribunal, Jyoti Structure, Sharad Sanghi, NCLT

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Bombay HC Questions State Over ‘No FIR’ in Sion-Panvel Expressway Tender Scam(23.03.2017)

Bombay High Court has asked Maharashtra Government to state reason why an FIR could not be filed in alleged Sion-Panvel Expressway tender scam.

Tags : Bombay High Court, Sion-Panvel Expressway

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COMPANY - SC: Companies Act Does Not Stipulate Any Fixed Period for Completion of Serious Fraud Investigation(28.03.2019)

SC while holding that there is no stipulation of any fixed period for completion of a Serious Fraud investigation observed that stipulation in Section.....

Tags : Supreme Court, Section 212(3) of the Companies Act, 2013, Serious Fraud investigation

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INSOLVENCY - NCLT Approves Revised Resolution Plan for Jyoti Structures(28.03.2019)

National Company Law Tribunal (NCLT) has approved the resolution plan for Jyoti Structures presented by the Resolution Professional on behalf of a gro.....

Tags : National Company Law Tribunal, NCLT, Jyoti Structures, Sharad Sanghi

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CRIMINAL - Bombay HC Slams Maharashtra CM for slow Investigations into Dabholkar, Pansare Murders(29.03.2019)

Bombay High Court has wondered if Maharashtra Chief Minister Devendra Fadnavis is too busy to enquire about investigations into killing of rationalist.....

Tags : Bombay High Court, Dabholkar, Pansare Murders

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ELECTION - Delhi HC Dismisses Plea Against Tamil Nadu CM E Palaniswami and Deputy CM O Paneerselvam(30.03.2019)

Delhi High Court has dismissed petition filed by former MP KC Palanisamy seeking directions to restrain AIADMK coordinator O Panneerselvam and joint c.....

Tags : Delhi High Court, E Palaniswami, O Paneerselvam

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Mere Empanelment Does Not Create Any Indefeasible Right to Appointment: SC(02.04.2019)

Supreme Court has reiterated that mere existence of vacancies or empanelment does not create any indefeasible right to appointment.

Tags : Supreme Court, Service, Right to Appointment, Empanelment

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Supreme Court Extends Lodha Panel’s Term Till December 31(10.08.2015)

Supreme Court has accepted Justice RM Lodha Committee's request and extended its term till December 31. This will help the panel to give a comprehensi.....

Tags : Supreme Court, Lodha Panel

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NCLAT: Foreign Company Having No Office, Account in India Will Not Suffer in Recovering Debt(23.05.2017)

NCLAT has rejected argument that foreign companies having no office or no account in India with any “financial institution” will suffer in recovering .....

Tags : NCLAT, Foreign Company

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NCLAT Rules 'Dispute' As Defined in IBC is Illustrative and Not Exhaustive(25.05.2017)

National Company Law Appellate Tribunal has held that the term “dispute” as defined in Insolvency and Bankruptcy Code (S. 9) is illustrative and not e.....

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

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Govt Releases Draft Companies (Registered Valuers and Valuation) Rules, 2017(30.05.2017)

Ministry of Corporate Affairs has released Draft Companies (Registered Valuers and Valuation) Rules, 2017 with an aim to introduce a robust regulatory.....

Tags : Draft Companies (Registered Valuers and Valuation) Rules, 2017

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Government Notifies Merger of COMPAT with NCLAT(30.05.2017)

Government of India (GoI) has notified May 26, 2017 as the day on which appeals that were previously being heard by Competition Appellate Tribunal (CO.....

Tags : Government of India, Competition Appellate Tribunal, National Company Law Appellate Tribunal

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CBDT Asks Taxpayers to Link Aadhaar with PAN Using SMS(31.05.2017)

Central Board of Direct Taxes (CBDT) has directed taxpayers to link their Aadhaar with their PAN, using an SMS-based facility.

Tags : Central Board of Direct Taxes, Aadhaar, PAN

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Telangana High Court: Power to Remove Encroachment Vests with Panchayat Secretary(06.06.2019)

Telangana High Court has observed that the Panchayat Secretary has got powers to remove encroachments on public places in Gram Panchayats and also got.....

Tags : Telangana High Court, Panchayat Secretary

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Bombay High Court Says 'No' to Occupancy Certificate Till June 9 Due to Water Scarcity(08.05.2017)

Bombay High Court has directed Thane Municipal Corporation (TMC) to stop issuing any fresh occupancy and commencement certificate in Ghodbunder Road a.....

Tags : Bombay High Court, Water Scarcity, Occupancy Certificate

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No TDS on Broadcast Company on Channel Placement Fees: ITAT(23.04.2019)

Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that Tax Deduction at Source (TDS) provision will not be applicable for broadcast company .....

Tags : ITAT, Broadcast Company

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CBDT Reiterates: PAN-Aadhaar Linkage Compulsory to File Income Tax Returns(25.04.2019)

Central Board of Direct Taxes (CBDT) has once again reiterated that the linking of Aadhaar with PAN Card is mandatory for filing income tax returns.

Tags : Central Board of Direct Taxes , PAN Card, Aadhar

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CBDT Reiterates: PAN-Aadhaar Linkage Compulsory to File Income Tax Returns(25.04.2019)

Central Board of Direct Taxes (CBDT) has once again reiterated that the linking of Aadhaar with PAN Card is mandatory for filing income tax returns.

Tags : Central Board of Direct Taxes , PAN Card, Aadhar

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Staff Entitled to Know About Financial Status of Company: CIC(26.04.2019)

Central Information Commission has held that an employee is entitled to know under Right to Information Act, 2005 about the financial status of the em.....

Tags : Central Information Commission, Staff Entitled to Know About Financial Status of Company

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Solve Issues of Companies Under Debt: NCLAT(29.04.2019)

National Company Law Appellate Tribunal has stated that functional companies boost the economy and are a source of income for families and also called.....

Tags : NCLAT, Companies Under Debt

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Japan Court Gives Ness Wadia Suspended Prison Term for Possessing Drugs(01.05.2019)

A Japan Court handed a two-year prison sentence for drug possession to Ness Wadia, 47-year-old son of Wadia Group's Nusli Wadia, which was later suspe.....

Tags : Japan Court, Ness Wadia

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Kerala HC Directs 43 Businessmen to Produce Permits for Carrying Business(20.10.2015)

Kerala HC while taking petition filed by residents of Panampilly Nagar questioning alleged widespread commercialization of residential zone, has direc.....

Tags : Kerala High Court, Panampilly Nagar

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Colgate-Palmolive Successfully Books Indian Patent for a Powered Toothbrush(27.10.2015)

Colgate-Palmolive Company has received Indian patent for an invention titled Powered Toothbrush, as it has satisfactorily met with various objections .....

Tags : Colgate-Palmolive Company ,Powered Toothbrush, n Patent

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Delhi HC Orders Probe into Inflated Bills Charged by Food Panda(27.10.2015)

Delhi High Court while taking serious note of a complaint filed against Food Panda alleging that they were levying an inflated Value Added Tax on unsu.....

Tags : Delhi High Court , Food Panda

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Allahabad High Court Disallows Parallel Proceedings in NCLT and DRT(12.09.2017)

Allahabad High Court has barred parallel proceedings in National Company Law Tribunal (NCLT) and the Debt Recovery Tribunal (DRT) in a case between St.....

Tags : Allahabad High Court, National Company Law Tribunal, Debt Recovery Tribunal

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Karnataka High Court: Get Power Sans Occupancy Certificate(15.09.2017)

Karnataka High Court has upheld order of Karnataka Electricity Regulatory Commission (KERC) which had in 2015 struck down state's regulation requiring.....

Tags : Karnataka High Court, Occupancy Certificate

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Delhi High Court Directs Registrar of Companies to Exercise Discretionary Powers Responsibly(14.08.2019)

Delhi High Court has directed the Registrar of Companies to exercise the powers given to it efficiently in accordance with law and without any arbitra.....

Tags : Delhi High Court, Registrar of Companies

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Bombay HC Summons Central Govt. Officials over Issue of PAN Card to a Foreign National(05.01.2016)

Bombay High Court while taking serious note of a foreign national obtaining a PAN card by claiming to be an Indian citizen and using it to open two ba.....

Tags : Bombay HC, PAN card

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CCI Approves Panasonic-GS Yuasa Acquisition Deal(08.01.2016)

Competition Commission of India (CCI) has approved acquisition of Panasonic's battery business by Japan's GS Yuasa Corp.

Tags : Competition Commission of India , Panasonic, GS Yuasa Corp.

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Bombay HC Slams CID, CBI over Report on Dabholkar-Pansare Murders(08.01.2016)

Bombay High Court has irked over failure of CBI and State CID in obtaining a ballistics report from Karnataka CID which showed link between murders of.....

Tags : Bombay High Court, Dabholkar-Pansare Murders

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President Gives Assent to Companies (Amendment) Act, 2017(04.01.2018)

President of India has given assent to Companies (Amendment) Act, 2017 which seeks to strengthen corporate governance standards, initiate strict actio.....

Tags : Companies (Amendment) Act, 2017

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Govt. Notifies Companies (Amendment) Act, 2017(05.01.2018)

Central Government has notified Companies (Amendment) Act, 2017 which aims at strengthening corporate governance standards by providing for strict act.....

Tags : Companies Amendment Act

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Central Information Commission: ED can Withhold Names of Tax Evaders in Panama Papers(10.10.2019)

Central Information Commission has ruled that the names of alleged tax evaders appearing in the Panama Papers leak can be withheld by the Enforcement .....

Tags : Central Information Commission, Panama Papers

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NGT Orders Municipal Corporations and Traffic Police to Make Action Plan to Control Noise Pollution(28.10.2015)

National Green Tribunal (NGT) has asked the three municipal corporations and traffic police to make an action plan to control noise pollution in Panch.....

Tags : National Green Tribunal , three municipal corporations , raffic police , Panchsheel Park

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RBI Grants NBFCs More Power to Change Ownership in Stressed Firms(30.10.2015)

Reserve Bank of India (RBI) has allowed Non-Banking Finance Companies (NBFCs) to upgrade credit facilities extended to borrowing entities whose owners.....

Tags : Reserve Bank of India, Non-Banking Finance Companies

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SC Directs Aditya Pancholi to Vacate Bungalow(09.11.2015)

Supreme Court has refused to grant relief to Bollywood actor Aditya Pancholi's on his plea to retain tenancy rights over a bungalow in Juhu in Mumbai .....

Tags : Supreme Court, Aditya Pancholi

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Supreme Court Rejects Plea for Probe into Mass Killing of Kashmiri Pandits(27.10.2017)

Supreme Court has rejected Kashmiri Pandit's plea for an investigation into the mass killing of community members in the late 80s, which resulted in .....

Tags : Supreme Court, Kashmiri Pandits

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Supreme Court: Undertrial Review Panel's Functioning Needs Fine-Tuning(01.11.2017)

Supreme Court has said that jail officials must be made part of Undertrial Review Committees (UTRCs) in the states and a standard operating procedure .....

Tags : Supreme Court, Undertrial Review Panel

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Uttarakhand High Court Says Parents of More than Two Children can Contest Upcoming Panchayat Polls(19.09.2019)

Uttarakhand High Court has read down a law which disqualified candidates with more than two children from contesting panchayat elections in the State......

Tags : Uttarakhand High Court, Panchayat

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Companies Law Committee Submits Report to Government(03.02.2016)

Companies Law Committee, constituted in June 2015 to make recommendations on issues related to implementation of Companies Act, 2013, has submitted it.....

Tags : Companies Law Committee,Companies Act, 2013,

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Karnataka HC Stays Polls to Chittapur Taluk Panchayat(04.02.2016)

Karnataka HC has stayed election process which has already begun in Chittapur Taluk Panchayat of Kalaburagi district and imposed a stiff fine on couns.....

Tags : Karnataka HC , Chittapur Taluk Panchayat , Polls

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Form INC-1 No More Valid, MCA Advises to Use RUN / SPICe Form for Company Incorporation(31.01.2018)

Ministry of Corporate Affairs has announced that the Form INC-1 for which no incorporation forms were filed before 17th January has been expired. The .....

Tags : Company Incorporation

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Form INC-1 No More Valid, MCA Advises to Use RUN / SPICe Form for Company Incorporation(31.01.2018)

Ministry of Corporate Affairs has announced that the Form INC-1 for which no incorporation forms were filed before 17th January has been expired. The .....

Tags : Company Incorporation

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Delhi High Court Stays Ministry Panel(09.12.2019)

Delhi High Court has stayed the operations of a new committee that was formed by the Sports Ministry to ‘review the Draft National Code for Good Gover.....

Tags : Delhi High Court, Ministry Panel

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NGT Pulls Up Power Distribution Companies in Delhi(25.03.2016)

National Green Tribunal (NGT) has pulled up power distribution companies in Delhi for putting high tension cables on trees and warned them of action a.....

Tags : National Green Tribunal , Power Distribution Companies

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Govt. Allows 100% FDI in E-Commerce Companies(30.03.2016)

Government has allowed 100% Foreign Direct Investment (FDI) in marketplace e-commerce companies.

Tags : Government, e-commerce, companies, FDI

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Companies With Over Rs 500 Crore Net-Worth Now to Follow New Accounting Rules(31.03.2016)

Companies with a net-worth of Rs 500 crore or more will have to follow the new Indian Accounting Standards (Ind AS) from April 1. The new standards ar.....

Tags : Companies, New Accounting Rules

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Any Attempt Made by Khap Panchayat to Scuttle Marriage Between Consenting Adults is Illegal: SC(27.03.2018)

Supreme Court has ruled that intervention of Khap Panchayats in marriages will be illegal. It said that any attempt made by Khap Panchayat to scuttle .....

Tags : Supreme Court, Khap Panchayats

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Govt. Extends Due Date of Linking Aadhaar with PAN till 30th June, 2018(28.03.2018)

Central Board of Direct Taxes ( CBDT ) has extended the due date of Linking Aadhaar with PAN till 30th June 2018.

Tags : Aadhaar, PAN

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NCLT Refuses to Stay Rebidding for Essar(28.03.2018)

National Company Law Tribunal has declined to stay the second round of bidding for the bankrupt Essar Steel or defer the deadline for it as sought by .....

Tags : National Company Law Tribunal

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National Company Law Appellate Tribunal Asks DLF to Register Transfer of Shares to Legal Heirs(20.01.2020)

National Company Law Appellate Tribunal has directed DLF Ltd. to register the transfer of 60,000 shares to the legal heirs of one of its deceased shar.....

Tags : National Company Law Appellate Tribunal, DLF Ltd.

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RBI Issues Draft Norms for Account Aggregators(04.03.2016)

Reserve Bank of India (RBI) has issued draft guidelines for setting up of Non-Banking Finance Companies (NBFC) that would act as account aggregators a.....

Tags : Reserve Bank of India , Non-Banking Finance Companies

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Government Amends Companies (Audit and Auditors) Rules, 2014(20.02.2018)

Government has amended Companies (Audit and Auditors) Rules, 2014 wherein Forms ADT-1 which provides for notice to RoC by the company for appointment .....

Tags : Companies, Audit, Auditors

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National Companies Law Tribunal Rejects Sun Pharma’s Plan to Demerge Overseas Subsidiary(02.01.2020)

National Companies Law Tribunal has rejected the Sun Pharmaceutical Industries’ plan to demerge an overseas unit. The company’s plan to consolidate th.....

Tags : National Companies Law Tribunal, Sun Pharma

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National Companies Law Appellate Tribunal Removes Strictures on ROC in Tata Sons’ Case(03.01.2020)

National Companies Law Appellate Tribunal has removed strictures against the Registrar of Companies, Mumbai, from its order that ruled that Tata Sons’.....

Tags : National Companies Law Appellate Tribunal, Tata Sons

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National Company Law Appellate Tribunal Rejects Registrar of Company’s Plea in Tata- Mistry Case(07.01.2020)

National Company Law Appellate Tribunal has dismissed the petition filed by the Registrar of Companies and refused to modify its judgement passed in t.....

Tags : National Company Law Appellate Tribunal, Tata

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National Company Law Tribunal Orders Two Nicco Parks & Resorts Directors to Quit(07.01.2020)

National Company Law Tribunal has passed an order asking the two directors of Nicco Parks & Resorts, Rajive Kaul and daughter Pallavi Priyadarshini, t.....

Tags : National Company Law Tribunal, Nicco Parks

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IT Department: Infrastructure Companies can Choose the Year from Which They Want Tax Benefit(16.02.2016)

The Income Tax Department has said that infrastructure companies will have option to choose the year from which they desire to claim tax benefits for .....

Tags : IT Department, infrastructure companies

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Gujarat HC Issues Notice to GIFT City(17.02.2016)

Gujarat HC has issued a notice to Gujarat Internat-ional Finance Tec-City Company (GIFT City) after hearing a public interest litigation (PIL) that a.....

Tags : Gujarat HC , Gujarat Internat-ional Finance Tec-City Company

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RBI Revises Norms for NBFC Factor Firms(19.02.2016)

Reserve Bank of India (RBI) has came out with clarifications for NBFC factor companies to remove any possible regulatory arbitrage with banks that pro.....

Tags : Reserve Bank of India , NBFC factor companies

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Supreme Court: No One Should Interfere When Two Adults Get Married(05.02.2018)

Supreme Court, while hearing a petition by non-profit Shakti Vahini which had demanded a ban on khap panchayats, has said that there should be no inte.....

Tags : Supreme Court, Khap Panchayats

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Supreme Court: Statutory Prescribed Limitation Period for Filing Appeal Cannot be Extended(08.02.2018)

Supreme Court has held that the limitation period for filing an appeal under provisions of the Companies Act, 2013 cannot be extended beyond what is p.....

Tags : Supreme Court, Companies Act

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SC: Insurance Company Cannot Raise Delay as Basis for Repudiation First Time Before Consumer Forum(24.12.2019)

Supreme Court has observed that an Insurance Company cannot raise delay as a ground for repudiation for the first time before Consumer Forum if it has.....

Tags : SC, Insurance Company

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RBI Directs Banks to Cap Stake in Insurance Companies at 30%(27.12.2019)

Reserve Bank of India has directed lenders to cut their stakes in insurers to 30%, as the banking regulator attempts to shield banks from risks arisin.....

Tags : RBI, Insurance Companies

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P&H High Court: Can’t Lease Out Panchayat Land for More Than 2 Years(30.06.2016)

Punjab and Haryana High Court has made it clear that gram panchayat/shamlat deh land would not be leased out for more than two years as prescribed und.....

Tags : Punjab and Haryana High Court, gram panchayat, shamlat deh land

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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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Bombay HC Junks Rs 6,300-Crore Tenders Pankaja Munde Dept Issued(12.07.2016)

Bombay HC has struck down tenders worth Rs 6,300 crore issued earlier this year by Women and Child Development Department headed by BJP Minister Panka.....

Tags : Bombay HC, Pankaja Munde, Take Home Ration

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Bombay HC Denies to Grant Relief to Pankaj Bhujbal(14.07.2016)

Bombay HC has denied to quash plea of Nationalist Congress Party (NCP) leader Pankaj Bhujbal to cancel Non-Bailable Warrant (NBW) issued against him i.....

Tags : Bombay HC, Pankaj Bhujbal

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NCLT Orders JAL to Return Land to Jaypee Infra(18.05.2018)

Allahabad bench of National Company Law Tribunal (NCLT) has ordered that 858 acres of land of bankrupt Jaypee Infratech which was transferred by the f.....

Tags : National Company Law Tribunal, JAL

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National Company Law Appellate Tribunal Orders Reverse Real Estate Insolvency Process(12.02.2020)

National Company Law Appellate Tribunal has passed an order for a reverse insolvency process, which could set a template for stressed real estate proj.....

Tags : National Company Law Appellate Tribunal, Reverse Real Estate Insolvency Process

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West Bengal Panchayat Poll'18: Calcutta High Court Directs SEC to Accept Online Nominations(09.05.2018)

Calcutta High court has directed the State Election Commission to accept the nominations of candidates who have filed it online.

Tags : Calcutta High Court, Panchayat Polls

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Supreme Court Stays Calcutta High Court Order on West Bengal Panchayat Polls(11.05.2018)

Supreme Court has stayed the Calcutta High Court’s order asking the West Bengal poll panel to accept nominations through e-mail for the rural polls.

Tags : Calcutta High Court, Panchayat Polls

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ITAT, Kolkata: Swapping Company Shares Among Shareholders Does Not Attract Addition u/s 68(03.03.2020)

Income Tax Appellate Tribunal (ITAT), Kolkata has held that the provisions of Section 68 of the Income Tax Act, 1961 would not be applicable in case o.....

Tags : Income Tax Appellate Tribunal, Swapping Company Shares

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ITAT, Pune: French Company Can’t be Taxed for Rendering IT Support Services to Indian Entities(03.03.2020)

Income Tax Appellate Tribunal (ITAT), Pune bench has held that the Information Technology (IT) support services rendered by a French Company to an Ind.....

Tags : Income Tax Appellate Tribunal, French Company Rendering IT Support

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NCLAT: Creditors Belonging to Different Classes Can be Given Different Treatment(03.03.2020)

National Company Law Appellate Tribunal has reconfirmed the principle that the touchstone for judging the benevolence of a resolution plan does not de.....

Tags : National Company Law Appellate Tribunal, Differential Treatment of Creditors

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National Company Law Tribunal Clears NBCC Offer for Jaypee Infratech(04.03.2020)

National Company Law Tribunal has approved NBCC’s offer to take over Jaypee Infratech, which has to deliver apartments, plots and villas to nearly 21,.....

Tags : National Company Law Tribunal, TAkeover of Jaypee Infratech

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NCLAT Directs Competition Commission of India to Probe into Flipkart(05.03.2020)

National Company Law Appellate Tribunal has directed the Competition Commission of India to start probing Flipkart for alleged misuse of dominant posi.....

Tags : National Company Law Appellate Tribunal, Flipkart

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NCLAT Stays NCLT’s Order Prohibiting Appointment of Ex- Bankers as Resolution Professional(21.01.2020)

National Company Law Appellate Tribunal has stayed National Company Law Tribunal’s Order which prohibited appointing a former bank official as indepen.....

Tags : National Company Law Appellate Tribunal, Appointment of Ex- Bankers

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Allahabad High Court: Section 164(2) of Companies Act is Constitutionally Valid(21.01.2020)

Allahabad High Court has upheld the constitutional validity of Section 164(2) of the Companies Act, 2013, which stipulates that a Director whose compa.....

Tags : Allahabad High Court, Constitutional Validity, Section 164 (2) Companies Act, 2013

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AAR: Activity Concerning Any Function Entrusted to Panchayat or Municipality, Exempted from GST(22.01.2020)

Authority for Advance Ruling, Goa has held that the activities in relation to any function entrusted to a Panchayat or Municipality are exempted from .....

Tags : Authority for Advance Ruling, Activity of Panchayats or Municipality

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National Company Law Appellate Tribunal Reverses Tribunal Order Against Raheja Developers(24.01.2020)

National Company Law Appellate Tribunal has set aside a Tribunal Order to appoint an interim resolution professional for Raheja Developers and has all.....

Tags : National Company Law Appellate Tribunal, Raheja Developers

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National Company Law Tribunal Clears SNJ’s Takeover of Empee Distilleries(27.01.2020)

National Company Law Tribunal, Chennai has approved the bid of SNJ Group to acquire the Empee Distilleries for Rs 475 Crores.

Tags : National Company law Tribunal, SNJ Takeover

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ITAT Cuttack: Non-Availability of PAN of Deductee Cannot be Used to Escape from Filing TDS(28.01.2020)

Income Tax Appellate Tribunal (ITAT), Cuttack has held that the non-availability of a Permanent Account Number (PAN) of the deductee is not an excuse .....

Tags : Income Tax Appellate Tribunal, Non- Availability of PAN, Filing of TDS

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Government Notifies Constitution of NCLT and NCLAT(02.06.2016)

Government as a move to resolve corporate disputes faster and improve the ease of doing business in India has notified the constitution of the Nationa.....

Tags : Company Law Tribunal, National Company Law Appellate Tribunal

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Jammu and Kashmir High Court: Extend PM's job plan to Pandits(06.06.2016)

Jammu & Kashmir High Court has directed the Centre to consider a plea of Kashmir-based Pandits to bring them under the ambit of the Prime Minister's j.....

Tags : Jammu and Kashmir, PM, Pandit

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Bombay High Court Extends Interim Relief to Pankaj Bhujbal and Others(08.06.2016)

Bombay High Court has extended the interim protection from arrest granted to Pankaj Bhujbal and over 10 others who are facing charges of money launder.....

Tags : Bombay High Court, Pankaj Bhujbal

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NCLAT Admits Jaiprakash Associates' Plea Against NCLT Order(04.06.2018)

National Company Law Appellate Tribunal (NCLAT) has admitted the petition of debt ridden Jaiprakash Associates challenging NCLT order, which had direc.....

Tags : National Company Law Appellate Tribunal

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NCLT Admits Proceedings Against Shri Lakshmi Cotsyn(05.06.2018)

National Company Law Tribunal has admitted insolvency proceedings against BSE-listed Shri Lakshmi Cotsyn after the Kanpur-based textile manufacturer f.....

Tags : National Company Law Tribunal, Insolvency

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PAN Mandatory for Sending Money Abroad: Government(08.06.2018)

Central Government has decided to make Permanent Account Number (PAN) mandatory for remitting money abroad as the Reserve Bank of India has decided to.....

Tags : RBI, PAN Card

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NCLAT Upholds CCI's Findings on Anti-Competitive Conduct by Malayalam Cinema Actors Body(18.03.2020)

National Company Law Appellate Tribunal has dismissed a bunch of Appeals filed by the Film Employees Federation of Kerala, Association of Malayalam Mo.....

Tags : National Company Law Appellate Tribunal, Malayalam Cinema Actors Body

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Delhi HC Pulls Up Ebay against Violation of Its Order(20.06.2016)

Delhi HC has pulled up e-commerce company, ebay, that violation of its order stopping the site from selling products under any name deceptively simila.....

Tags : Delhi HC , e-commerce company, ebay

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CBDT Grants TDS Exemption for Seven Transactions(23.06.2016)

Central Board of Direct Taxes (CBDT) has helped improve cash flows for Payment System Companies by exempting seven types of transactions from TDS obli.....

Tags : Central Board of Direct Taxes , TDS, Payment System Companies

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Bombay HC Slams CBI, SIT in Dabholkar-Pansare Murders Case(24.06.2016)

Bombay HC has slammed Central Bureau of Investigation (CBI) and Special Investigation Team (SIT) probing the murders of rationalists Govind Pansare an.....

Tags : Bombay HC, Govind Pansare , Narendra Dhabolkar

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Bombay HC Denies to Grant Interim Protection from Arrest to Pankaj Bhujbal(28.06.2016)

Bombay HC has denied to grant interim protection from arrest to NCP legislator Pankaj Bhujbal in a money laundering case registered by Enforcement Dir.....

Tags : Bombay HC, Pankaj Bhujbal

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NCLT Rebukes SBI for "Lackadaisical Approach"(29.06.2018)

National Company Law Tribunal’s Mumbai chapter has rebuked State Bank of India for its “lackadaisical approach” in sanctioning a Rs 334 crore loan to .....

Tags : National Company Law Tribunal, SBI

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NCLAT Declines to Stay ElectroSteel Steels' Delisting(29.06.2018)

National Company Law Appellate Tribunal (NCLAT) has refused to stay the delisting process of debt-ridden firm ElectroSteel Steel under the resolution .....

Tags : National Company Law Tribunal, ElectroSteel

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CBDT Extends Aadhaar-PAN Linking Deadline To 31 March, 2019(02.07.2018)

Central Board of Direct Taxes (CBDT) has extended deadline for linking Aadhaar with Permanent Account Number (PAN) till 31 March, 2019.

Tags : CBDT, Aadhaar, PAN

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NCLT Urges Litigants to File Joint Memo of Written Submissions to Avoid Delay in Disposal(08.04.2020)

National Company Law Tribunal (NCLT) has urged all the litigants to file "Joint Memo" of written submissions, to avoid the lengthy process of filing r.....

Tags : National Company Law Tribunal, Joint Memo of Written Submissions

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Madras High Court Dismisses DMK Plea for Disqualification of O. Panneerselvam(01.05.2018)

Madras High Court has dismissed petitions seeking disqualification of Tamil Nadu Deputy Chief Minister O. Panneerselvam and 10 other MLAs for having d.....

Tags : Madras High Court, O. Panneerselvam

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National Company Law Tribunal, Delhi Approves Adani’s Bid to Buy Aditya Estates(24.02.2020)

National Company Law Tribunal, Delhi has approved the resolution plan of Adani Properties to acquire Aditya Estates for a total deal value of Rs 400 C.....

Tags : National Company Law Tribunal, Aditya Estates Takeover

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National Company Law Appellate Tribunal Rejects Insolvency Plea Against Sintex Infra(24.02.2020)

National Company Law Appellate Tribunal has dismissed the Lloyd Insulations India Ltd’s plea to initiate proceedings against Sintex Prefab and Infra L.....

Tags : National Company Law Appellate Tribunal, Sintex Infra

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NCLAT: Auditor Cannot be Debarred for 5 Years in Absence of Evidence(26.02.2020)

National Company Law Appellate Tribunal has set aside an order passed by National Company Law Tribunal in a matter relating to debarring of an auditor.....

Tags : National Company Law Appellate Tribunal, Debarring of Auditor

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NCLT, Mumbai Orders to Restore E-way Bill Facility for Taxpayers Undergoing Insolvency Proceedings(26.02.2020)

National Company Law Tribunal (NCLT), Mumbai has ordered to restore the e-way bill facility for taxpayers undergoing insolvency proceedings.

Tags : National Company Law Tribunal, E-way Bill Facility for Taxpayers Undergoing Insolvency Proceedings

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National Company Law Tribunal, Chandigarh Approves HUL-GSK Merger(27.02.2020)

National Company Law Tribunal, Chandigarh has approved the merger of GlaxoSmithKline (GSK) Consumer with Hindustan Unilever (HUL).

Tags : National Company Law Tribunal, HUL-GSK Merger

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National Company Law Appellate Tribunal Sets Aside Flipkart’s Insolvency Proceedings(28.02.2020)

National Company Law Appellate Tribunal has set aside the order of the National Company Law Tribunal to initiate insolvency proceedings against Flipka.....

Tags : National Company Law Appellate Tribunal, Flipkart’s Insolvency Proceedings

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National Company Law Appellate Tribunal Dismisses Pleas of Deloitte, BSR(05.03.2020)

National Company Law Appellate Tribunal has dismissed the pleas of auditors of debt-rid Buyback Tax Caseden Infrastructure Leasing & Financial Service.....

Tags : National Company Law Appellate Tribunal, Deloitte, BSR

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NCLT Allows Government to Reopen CG Power’s Accounts for 5 Fiscals(06.03.2020)

National Company Law Tribunal has allowed the corporate affairs ministry to reopen the books of CG Power for the last 5 financial years so that it cou.....

Tags : National Company Law Tribunal, CG Power

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NCLT: Rs. 750 Cr. Paid by JAL for Obligation of JIL Should be Treated As Asset of Corporate Debtor(06.03.2020)

National Company Law Tribunal has observed that Rs. 750 Crore deposited by Jaypee Infratech’s (JIL) parent firm Jaiprakash Associates (JAL) with the S.....

Tags : National Company Law Tribunal, Jaypee Infratech

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NCLAT Upholds CCI Order on Adani Gas for Abuse of Dominant Position(11.03.2020)

National Company Law Appellate Tribunal has upheld the Competition Commission of India’s order holding Adani Gas Ltd. guilty of abuse of dominant posi.....

Tags : National Company Law Appellate Tribunal, Competition Commission of India, Adani Gas

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NCLT, Chennai Approves Cochin Shipyard's Resolution Plan to Acquire TSL(11.03.2020)

National Company Law Tribunal, Chennai has accepted the resolution plan filed by public sector company, Cochin Shipyard Limited to acquire Chennai-bas.....

Tags : National Company Law Tribunal, TSL Takeover

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NCLAT Seeks Resolution of IL&FS Cases in 90 Days(13.03.2020)

National Company Law Appellate Tribunal has approved the resolution framework for Infrastructure Leasing & Financial Services Limited (IL&FS) Group an.....

Tags : National Company Law Appellate Tribunal, IL&FS Cases

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National Company Law Tribunal Orders Videocon Foreign Arms to be Included in Insolvency Process(13.02.2020)

National Company Law Tribunal has ordered the inclusion of Videocon’s oil businesses in Brazil and Indonesia as part of insolvency proceedings being c.....

Tags : National Company Law Appellate Tribunal, Videocon

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NCLAT: CIRP Against Real Estate Company to Affect the Only Project Concerned(13.02.2020)

National Company Law Appellate Tribunal has held that an insolvency process against a real estate company will impact only the project concerned and n.....

Tags : National Company Law Appellate Tribunal, Appointment of Ex- Bankers

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NCLAT, New Delhi: Interest Alone Cannot Be Construed as Operational Debt(13.02.2020)

National Company Law Appellate Tribunal (NCLAT), New Delhi has held that claim amount towards Interest on loan alone, cannot be termed as an ‘Operatio.....

Tags : National Company Law Appellate Tribunal, Operational Debt

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SC Issues Contempt Notices Against Telecom Companies Which Have Not Paid AGR Dues(14.02.2020)

Supreme Court has issued contempt notices to the telecom companies which have not yet paid the dues arising out of the October 2019 judgment which int.....

Tags : Supreme Court, AGR Dues, Telecom Companies

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SC: Discrepancies in Evidence Against Delinquent Not to Interfere with Disciplinary Inquiry(17.02.2020)

Supreme Court has observed that the findings of disciplinary inquiry cannot be interfered with only on the ground that there are discrepancies in the .....

Tags : Supreme Court, Discrepancies in Evidence Against Delinquent

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National Company Law Appellate Tribunal Gives JSW Steel Immunity from All Criminal Probes(18.02.2020)

National Company Law Appellate Tribunal has given JSW Steel immunity from all criminal investigations after it takes over Bhushan Power & Steel, whose.....

Tags : National Company Law Appellate Tribunal, JSW Steel Ltd., Immunity

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NCLAT Decides to Close Umang Realtech Insolvency Resolution Process(19.02.2020)

National Company Law Appellate Tribunal has decided to close the corporate insolvency resolution process against Umang Realtech if the company manages.....

Tags : National Company Law Appellate Tribunal, Umang Realtech Insolvency Resolution Process

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Madras HC to State: Frame Law to Use EVMs in Civic Polls(22.09.2016)

Madras HC has directed State Government “in its wisdom” to take immediate steps to bring in legislation incorporating appropriate provision in the Tam.....

Tags : Madras HC, Panchayats

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Calcutta High Court: All Proceedings Under Companies Act 1956 Stands Transferred To NCLT(10.09.2018)

Calcutta High Court has held that HC has lost jurisdiction from 15th December 2016 to entertain all proceedings under Companies Act, 1956 and the same.....

Tags : Calcutta High Court, NCLT, Companies Act, 1956

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Challenge Against RBI Circular By Power Companies: SC Transfers All Pending Matters To Itself(13.09.2018)

SC has directed that twelve cases pertaining to the Insolvency Proceedings under the new RBI circular pending before High Courts of Madras, Gujarat, A.....

Tags : Supreme Court, Power companies, RBI Circular

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NCLAT Sets Aside NCLT's Order for Acquisition of RICOH by Dharamshi- Jhunjhunwala Consortium(13.08.2020)

National Company Law Appellate Tribunal (NCLAT) has allowed the appeal challenging an order passed by National Company Law Tribunal (NCLT), Mumbai whi.....

Tags : National Company Law Appellate Tribunal, Acquisition of RICOH by Dharamshi- Jhunjhunwala Consortium

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SC Sets Aside Delhi HC's Direction to Insurance Company to Plant 100 Trees(14.08.2020)

Supreme Court has set aside the direction issued by the Delhi High Court to Oriental Insurance Company Ltd to plant hundred trees in a claims matter.

Tags : Supreme Court, Oriental Insurance Company Ltd

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NCLAT Upholds NCLT's Order of No Insolvency Proceedings Against Tata Chemicals(20.08.2020)

National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by Allied Silica Limited challenging the National Company Law Tribunal, .....

Tags : National Company Law Appellate Tribunal, Tata Chemicals

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Orissa HC Notices Centre, State, District Collector over Japanese Encephalitis Death(18.11.2016)

Orissa High Court has issued notices to Centre, State Government and Malkangiri District Collector, asking them to file their responses over plea seek.....

Tags : Orissa High Court, Japanese Encephalitis

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Punjab & Haryana HC Summons UGC Chairman, Secretary over Panjab University Financial Crisis(22.11.2016)

Punjab and Haryana HC has ordered Chairman and Secretary, University Grants Commission (UGC) that either of two will remain present on December 5 to a.....

Tags : Punjab and Haryana HC, University Grants Commission, Panjab University

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SC: Cancel Licences, Spectrum if AGR Dues of Insolvent Telecom Companies Not Paid(25.08.2020)

Supreme Court has stated that the Government must cancel licences and spectrum of telecom companies that refuse to pay pending adjusted gross revenue .....

Tags : Supreme Court, AGR Dues of Telecommunication Companies

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SC Declines to Entertain Plea Seeking CBI Probe into Rakesh Pandey's Encounter(25.08.2020)

Supreme Court has declined to entertain a Public Interest Litigation (PIL) seeking probe by the Central Bureau of Investigation (CBI) into the alleged.....

Tags : Supreme Court, Rakesh Pandey’s Encounter

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SC Grants 10 Years Period for Telecommunication Companies to Clear AGR Dues(01.09.2020)

Supreme Court has held that the telecom companies who are liable to pay Aggregate Gross Revenue dues shall make payment of 10% of the dues by 31st Mar.....

Tags : Supreme Court, AGR Dues of Telecommunication Companies

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NCLT Clears IL&FS Education Arm Sale to JV Partner(03.09.2020)

National Company Law Tribunal has approved the sale of Schoolnet India, a subsidiary of IL&FS, to an arm of Lexington Equity Holdings (LEHL).

Tags : National Company law Tribunal, Schoolnet India

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SC Seeks Response on Impleadment of SEBI in Panama Papers Case(25.11.2016)

Supreme Court has sought response on plea of market regulator SEBI that it has been dragged as a party in a PIL seeking a court-monitored CBI probe ag.....

Tags : Supreme Court, SEBI, Panama papers

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SICA Repeal Act Shall Come into Force From Dec. 01, 2016(30.11.2016)

Ministry of Finance has appointed December 1, 2016 as the date on which provisions of Sick Industrial Companies (Special Provisions) Repeal Act, 2003 .....

Tags : Ministry of Finance, SICA Repeal Act, Sick Industrial Companies

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Ministry of Finance Repeals SICA With Effect From Today(01.12.2016)

Ministry of Finance has repealed Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) with effect from today.

Tags : Ministry of Finance, Sick Industrial Companies (Special Provisions) Act, 1985

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Punjab and Haryana HC Slams UGC over Financial Crisis at Panjab University(05.12.2016)

Punjab and Haryana High Court has pulled up University Grants Commission (UGC) after noticing that it was trying to pass buck to Ministry of Human Res.....

Tags : Punjab and Haryana High Court, UGC, Panjab University, financial crunch

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Ensure There is No Suppression of Dissent, Discussion or Debate: Bombay HC(27.11.2018)

Bombay High Court, while directing CBI and Maharashtra CID to make sincere efforts to trace the accused in the murder of anti-superstition crusader Na.....

Tags : Bombay High Court, Narendra Dabholkar, Govind Pansare

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MP HC Refuses to Grant Bail to Computer Baba for Allegedly Manhandling Panchayat Staffer(17.11.2020)

Madhya Pradesh High Court has refused to grant interim bail to Computer Baba alias Namdev Das Tyagi in a criminal case registered by Gandhinagar polic.....

Tags : Madhya Pradesh High Court, Manhandling Panchayat Staffer

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Supreme Court Junks BCCI’s Review Petition Against Lodha Panel Reforms(14.12.2016)

Supreme Court has refused to review its verdict in which a slew of direction was passed to transform World's richest cricket body by barring ministers.....

Tags : Supreme Court, BCCI , Lodha panel

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Punjab & Haryana HC Seeks Government’s Reply to Telcos’ Understated Income(14.12.2016)

Punjab & Haryana HC has sought responses from Government, Ministry of Communications, Ministry of Electronics & Information Technology and Comptroller.....

Tags : Punjab & Haryana High Court, telecom companies, Understated Income

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Bombay HC Accepts Intervention Plea by Sooraj Pancholi in Jiah Khan Case(15.12.2016)

Bombay High Court has permitted actor Sooraj Pancholi, accused of having abetted suicide of his actor girlfriend, Jiah Khan, to intervene in petition .....

Tags : Bombay High Court, Sooraj Pancholi, Jiah Khan, suicide

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Supreme Court Warns BCCI Prez of Perjury & Contempt Proceedings over False Affidavit(16.12.2016)

Supreme Court of India has hinted at instituting perjury case against BCCI president Anurag Thakur for filing a false affidavit and reserved its order.....

Tags : Supreme Court, BCCI , Lodha panel

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Punjab & Haryana HC Stays Appointments of 668 Panchayat Secretaries in Punjab(19.12.2016)

Punjab & Haryana High Court has stayed appointment of 668 Panchayat Secretaries in Punjab Government’s Department of Rural Development and Panchayats.

Tags : Punjab & Haryana High Court, Panchayat Secretaries

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Uttarakhand HC: Big Cats Cannot Be Killed or Declared “Man-Eaters”(20.12.2016)

Uttarakhand High Court has said that tigers, leopards and panthers posing a threat to human life should be captured alive with tranquilizer guns in pr.....

Tags : Uttarakhand High Court, tigers, leopards, panthers, Man-Eaters

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Calcutta HC Declares Bengal Pandals No-Entry Zones for Visitors(19.10.2020)

Calcutta High Court has ordered that Durga Puja celebrations will be regulated in West Bengal in view of the Covid-19 pandemic. The Court has further .....

Tags : Calcutta High Court, Durga Puja Pandals

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Delhi HC Restrains UK-based Portal From Copying Contents of OLX(27.12.2016)

Delhi High Court has permanently restrained a UK-based online classifieds company and its website from copying material and contents of OLX, an Indian.....

Tags : Delhi HC, OLX, classifieds company

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Uttarakhand High Court Orders Ramdev Company to Share Profits with Locals(29.12.2018)

Uttarakhand High Court has directed a company run by yoga guru Ramdev to share a percentage of its profits with local farmers and communities.

Tags : Uttarakhand High Court, Ramdev Company, Share Profits with Locals

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J&K HC Denies Bail to Pankaj Sharma who Allegedly Supplied Information to ISI Pakistan(08.12.2020)

Jammu & Kashmir High Court has denied bail to Pankaj Sharma who allegedly hobnobbed with ISI of Pakistan and passed on photographs of vital installati.....

Tags : Jammu and Kashmir High Court, Pankaj Sharma

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Bombay HC Dismisses Plea Challenging Penalty Provision of Pan Masala Rules as Ultra Vires(09.12.2020)

Bombay High Court has dismissed the plea challenging Rule 17(2) of the Pan Masala Packing Machines (Capacity, Determination and Collection of Duty) Ru.....

Tags : Bombay High Court, Penalty Provision of Pan Masala Rules

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Delhi HC Seeks Reply From RBI, SEBI, NPCI on Plea Seeking Regulation of Tech-Fin Companies(10.12.2020)

Delhi High Court has sought reply from the Ministry of Law, Finance Ministry, Reserve Bank of India, Securities and Exchange Board of India, and Natio.....

Tags : Delhi High Court, Regulation of Tech-Fin Companies

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SC Stays NGT Order Which Led to Halting of Highway Expansion Work of NH-844(11.12.2020)

Supreme Court has stayed the National Green Tribunal order to the extent it required the National Highway Authority of India to first procure the Envi.....

Tags : Supreme Court, Highway Expansion Work of NH-844

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Bombay High Court Refuses Relief to Govt Employee in Bribery Case(07.03.2017)

Bombay High Court has refused to grant relief to a MSEDCL (Maharashtra State Electricity Distribution Company Ltd) employee who was charged with accep.....

Tags : Bombay High Court, Maharashtra State Electricity Distribution Company Ltd

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Supreme Court Directs Centre to File Reports on Panama Paper Leak Case Probe(08.03.2017)

Supreme Court has asked Centre to place before it in a sealed cover all six reports of Multi-Agency Group (MAG) constituted to probe Panama Papers lea.....

Tags : Supreme Court, Panama papers

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Madras High Court Directs State to Conduct Panchami Lands Survey(10.03.2017)

Madras High Court has directed State Government to conduct a State-wide survey to find out extent of Panchami lands available and the extent under occ.....

Tags : Madras High Court, Panchami Lands

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CIVIL - Set Up Panel to Monitor Doctors: Madras HC(14.03.2019)

Madras High Court has suggested to state government to constitute a monitoring committee to supervise attendance and assess performance of its doctors.....

Tags : Madras High Court, Panel to Monitor Doctors

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CRIMINAL - Govind Pansare Case: Bombay HC Calls State a 'Laughing Stock'(15.03.2019)

Bombay High Court has said state has been reduced to a "laughing stock" by adopting elementary methods in probing rationalist Govind Pansare's killing.....

Tags : Bombay High Court, Govind Pansare Case

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CIVIL - Karnataka HC Gives Relief to Renewable Energy Companies(18.03.2019)

Karnataka High Court has quashed state Karnataka Electricity Regulatory Commission's (KERC) order imposing ‘wheeling and banking’ charges on wind, hy.....

Tags : Karnataka High Court, Renewable Energy Companies

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Supreme Court Grants Five Days Interim Bail for Siddique Kappan(15.02.2021)

Supreme Court has allowed the interim bail application filed by Kerala Union of Working Journalists, seeking release of journalist Siddique Kappan, ci.....

Tags : Supreme Court, Siddique Kappan

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Why Only Bureaucrats on RTI Panels, Asks Supreme Court(30.01.2019)

Supreme Court has asked the Centre as to why only retired or sitting bureaucrats were being shortlisted by the search committee for appointment as inf.....

Tags : Supreme Court, RTI Panels

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Insurance Company can't Unilaterally Delete Policy Terms to Reduce Coverage: SC(01.02.2019)

Supreme Court has quashed the action of New India Assurance Company Ltd. in unilaterally deleting policy terms to reduce coverage and also held that a.....

Tags : Supreme Court, Insurance Company

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Delhi HC Orders Review After Discrepancies in Judicial Exam(01.02.2019)

Delhi High Court has ordered a drawing up of fresh results of preliminary examination for Delhi Judicial Service (DJS) after it found discrepancies in.....

Tags : Delhi High Court, Review After Discrepancies in Judicial Exam

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Delhi HC Orders Review After Discrepancies in Judicial Exam(01.02.2019)

Delhi High Court has ordered a drawing up of fresh results of preliminary examination for Delhi Judicial Service (DJS) after it found discrepancies in.....

Tags : Delhi High Court, Review After Discrepancies in Judicial Exam

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NCLAT Turns Down Reference Seeking Re-Consideration of Decision in V. Padamakumar Case(23.12.2020)

National Company Law Appellate Tribunal has turned down a reference made by a three-member Bench, seeking re-consideration of the decision in V. Padam.....

Tags : National Company Law Appellate Tribunal, V. Padamakumar v. Stressed Assets Stabilization Fund (SASF) & Anr.

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SC Dismisses Plea Against Consecutive Reservation of Panchayat President Posts in Kerala(24.12.2020)

Supreme Court has dismissed a plea which challenged the reservation notification issued by the State Election Commission for local body heads on the g.....

Tags : Supreme Court, Reservation of Panchayat President Posts

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Andhra Pradesh HC Dismisses Pleas Challenging SEC Decision to Conduct Gram Panchayat Elections(05.02.2021)

Andhra Pradesh High Court has dismissed a couple of writ petitions that challenged the State Election Commission (SEC)'s decision to conduct Gram Panc.....

Tags : Andhra Pradesh High Court, Gram Panchayat Elections

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SC Stays Arrest of Shashi Tharoor and Others Over Tweets About Farmer’s Death During Tractor Rally(09.02.2021)

Supreme Court has stayed the arrest of Shashi Tharoor MP, journalists Rajdeep Sardesai, Vinod K Jose, Mrinal Pande, Zafar Agha, Anant Nath and Paresh .....

Tags : Supreme Court, Shashi Tharoor, Rajdeep Sardesai, Vinod K Jose, Mrinal Pande, Zafar Agha, Anant Nath, Paresh Nath

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Delhi HC Directs Centre in Plea Challenging Non-Provision of Field to Register Companies/LLPs(10.02.2021)

Delhi High Court has directed Central Government to file an affidavit in the plea filed challenging the non-providing of a field for Advocates to regi.....

Tags : Delhi High Court, Registration of Companies/LLPs

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SC Stays Delhi HC’s Direction to Insurance Company to Provide Life-Time Warranty on Prosthetic Limbs(11.02.2021)

Supreme Court has issued notice in a plea filed challenging the Delhi High Court's order directing the Insurance Company to provide a life time warran.....

Tags : SC, Insurance Company

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NCLAT Refuses to Entertain Devas Shareholder's Appeal Against Order Appointing Liquidator(15.02.2021)

National Company Law Appellate Tribunal(NCLAT), Chennai has refused to entertain an appeal filed by Devas Mauritius Employees Private Ltd - a sharehol.....

Tags : National Company Law Appellate Tribunal, Devas Multimedia Private Ltd., Antrix Corporation Ltd

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INSOLVENCY-Workmen's Dues of Pension, Gratuity, PF Not Included in Liquidation Assets of Debtor: NCLT(26.03.2019)

National Company Law Tribunal has ruled that dues of provident fund, pension and gratuity do not form part of liquidation estate of corporate debtor a.....

Tags : National Company Law Tribunal, NCLT

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CIVIL - Orissa HC Allows Vedanta to Take Part in NALCO's Tender for Alumina(27.03.2019)

Orissa High Court has allowed Vedanta Limited to participate in the tender floated by the National Aluminum Company Ltd. (NALCO) for the sale of its 3.....

Tags : Orissa High Court, National Aluminum Company Ltd., Vedanta Limited

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SC Bars NCLT, Mumbai from Passing Final Orders on Future Plea for Calling Shareholders’ Meeting(23.02.2021)

Supreme Court has allowed the National Company Law Tribunal (NCLT), Mumbai, to continue proceedings on Kishore Biyani-led Future Retail’s plea seeking.....

Tags : Supreme Court, National Company Law Tribunal, Future Retail

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NCLT Benches to Resume Physical Hearing from March 1(24.02.2021)

National Company Law Tribunal (NCLT) has decided to resume physical hearing of cases filed before it from 1st March, 2021. However, if any party expre.....

Tags : National Company Law Tribunal, Physical Hearing

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Karnataka HC Asks About Action Taken Over Violation of Guidelines at Panchamasali Rally(02.03.2021)

Karnataka High Court has directed the State government and the city police to submit a report on the action taken over the violation of COVID-19 norms.....

Tags : Karnataka High Court, Panchamasali Rally

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Karnataka HC Set Aside Criminal Case against Founders of Unocoin Company(02.03.2021)

Karnataka High Court set aside the criminal case against founders namely B V Harish and Sathvik Vishwanath of Unocoin company for setting up a Bitcoin.....

Tags : Karnataka High Court, Unocoin Company

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Supreme Court Allows Centre, BCCI To Suggest Names of Administrators(25.01.2017)

Supreme Court has allowed Centre and BCCI to suggest names for appointment in Committee of Administrators to run apex cricket body, making it clear th.....

Tags : Supreme Court , BCCI, Lodha Panel

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J&K HC Upholds PM's Employment Package for Kashmiri Pandits(18.02.2019)

Jammu and Kashmir High Court has turned down plea challenging special dispensation in the matter of employment given in favour of Kashmiri Pandits, li.....

Tags : Jammu and Kashmir High Court, Employment Package for Kashmiri Pandits

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CIVIL - Triple Talaq and Companies (Amendment) Ordinance Gets President Ram Nath Kovind's Approval(22.02.2019)

President of India has given assent to The Muslim Women (Protection of Rights on Marriage) Second Ordinance, 2019 (Ord. 4 of 2019) and The Companies (.....

Tags : Triple Talaq, Companies Amendment

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CIVIL - Triple Talaq and Companies (Amendment) Ordinance Gets President Ram Nath Kovind's Approval(22.02.2019)

President of India has given assent to The Muslim Women (Protection of Rights on Marriage) Second Ordinance, 2019 (Ord. 4 of 2019) and The Companies (.....

Tags : Triple Talaq, Companies Amendment

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CIVIL - Bombay HC Raps Anil Ambani Firms for 'Attempt to Mislead'(22.02.2019)

Bombay High Court has described arguments of Reliance group companies regarding alleging misconduct on part of Edelweiss group companies in sale of pl.....

Tags : Bombay High Court, Anil Ambani Firm, Reliance Group Companies, Edelweiss group

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NCLT, Kochi Allows Reduction of Paid Up Share Capital Structure of Josco Jewellers Pvt. Ltd.(12.01.2021)

National Company Law Tribunal, Kochi has allowed a company petition filed by Josco Jewellers Pvt. Ltd. for reduction of its share capital from Rs. 120.....

Tags : National Company Law Tribunal, Josco Jewellers Pvt. Ltd.

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Govt Notifies New Exemptions to Private Ltd Companies(15.06.2017)

Govt has notified exemption to Pvt Ltd Companies which says that exceptions, modifications and adaptations provided in it shall be applicable to a com.....

Tags : Government of India, Companies Act, 2013

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Govt Empowers CBDT to Provide PAN Related Information to National Intelligence Grid(22.06.2017)

Central Government has issued a notification empowering CBDT to provide Permanent Account Number (PAN) related information to National Intelligence Gr.....

Tags : Central Government, CBDT, PAN

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Gujarat HC: Principle of Mutuality Applies to Club Run by a Company(23.06.2017)

Gujarat High Court, while deleting addition in respect of life membership and entrance fees received by assessee-Company, held that principle of mutua.....

Tags : Gujarat High Court, company

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MCA Relaxes Norms on Auditors Term for Pvt Cos With Paid Up Share Capital of 50 Crores(23.06.2017)

Ministry of Corporate Affairs has notified amendment to Companies (Audit and Auditors) Rules, 2014 wherein it amended Auditors’ rules with respect to .....

Tags : Ministry of Corporate Affairs, Companies (Audit and Auditors) Rules

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Delhi High Court: Insurance Companies Must Accept Claims at All Hospitals(13.06.2019)

Delhi High Court has held that insurance companies would have to honour claims by valid medical policy holders who have received treatment at any gove.....

Tags : Delhi High Court, Insurance Companies

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NCLT Sets 90-day Deadline for Jet Airways Bankruptcy Resolution(21.06.2019)

National Company Law Tribunal (NCLT) while admitting insolvency petition moved by State Bank of India against Jet Airways has instructed that the reso.....

Tags : National Company Law Tribunal, NCLT, Jet Airways

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Manipur HC Stresses on Need for Taking Steps to Tackle Third Wave of Covid-19 Pandemic(04.06.2021)

Manipur High Court has stated that it would be necessary for the State to demonstrate the steps already taken, in terms of the demands raised for medi.....

Tags : Manipur High Court, Steps to Tackle Third Wave of Covid-19 Pandemic

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Punjab and Haryana High Court Asks Panjab University to Pay 50,000 As Damages to Asst Prof.(22.02.2017)

Punjab and Haryana High Court has directed Panjab University to pay Rs 50,000 in damages to a former Assistant Professor in one of its affiliated coll.....

Tags : Punjab and Haryana High Court, Panjab University

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NGT Raps Oil Companies Over Data on Diesel Trucks(27.02.2017)

National Green Tribunal has rapped public sector oil companies for not submitting status report on their 10-year old diesel trucks used for transporti.....

Tags : National Green Tribunal, Oil Companies

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MCA Notifies Procedure for Disposal of Application for Conversion of Public Company into Private(27.01.2021)

Ministry of Corporate Affairs (MCA) has notified the procedure for disposal of application for conversion of a public company into private in case of .....

Tags : Ministry of Corporate Affairs, Disposal of Application for Conversion of Public Company to Private

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Ministry of Corporate Affairs Notifies Companies (Incorporation) Amendment Rules, 2021(28.01.2021)

Ministry of Corporate Affair (MCA) has notified Companies (Incorporation) Amendment Rules, 2021 which sought to amend the Companies (Incorporation) Ru.....

Tags : Ministry of Corporate Affairs, Companies (Incorporation) Amendment Rules, 2021

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MCA Notifies Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021(03.02.2021)

Ministry of Corporate Affairs (MCA) has notified the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 so as to enable the.....

Tags : Ministry of Corporate Affairs, Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021

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Sebi: Submit Corporate Governance Report in 15 days From Closure of Quarter(25.09.2015)

Sebi has directed listed companies to submit quarterly compliance report on corporate governance in a prescribed format within 15 days from close of e.....

Tags : Sebi,listed companies

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Punjab and Haryana HC Seeks Complete Details of Mobile Towers in City(30.09.2015)

Punjab and Haryana High Court has ordered cellular companies operating in Chandigarh to submit details, within 10 days, of all their mobile towers ere.....

Tags : Punjab and Haryana High Court ,cellular companies

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RBI Permits Companies to Raise $750 mn through Rupee Bonds(30.09.2015)

Reserve Bank of India (RBI) has permitted companies to raise up to $750 million from overseas markets under automatic route, through rupee-denominated.....

Tags : Reserve Bank of India ,companies

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Supreme Court Directs Ayodhya Mediation Panel to Submit Report by July 18(12.07.2019)

Supreme Court has directed the Ayodhya mediation panel to submit a report on its progress by next Thursday(July 18), after one of the Plaintiffs moved.....

Tags : Supreme Court, Ayodhya Mediation Panel

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NCLAT Directs Partial Temporary Relaxation on Physical Filing Due to Surge in Covid 19 Cases(25.05.2021)

National Company Law Appellate Tribunal has directed partial temporary relaxation in physical filing as per its earlier Standard Operating Procedure d.....

Tags : National Company Law Appellate Tribunal, Partial Temporary Relaxation on Physical Filing

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NCLT, Bengaluru Orders Forcible Liquidation and Winding Up of Devas Multimedia(27.05.2021)

National Company Law Tribunal, Bengaluru has ordered the forcible liquidation and winding up of Devas Multimedia by allowing a petition filed Indian S.....

Tags : National Company Law Tribunal, Winding Up of Devas Multimedia

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MP HC Directs State to Finish Construction Of Karopani Tank Meant For Black Bucks Conservation(18.05.2017)

MP High Court has directed State Government to grant sanction for completion of Karopani water tank within two months and thereafter work shall be com.....

Tags : MP High Court, Karopani Tank, Black Bucks

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NCLAT: 14 Days Timeline to Admit or Reject Case Under IBC a 'Mere Directive'(22.05.2017)

National Company Law Appellate Tribunal (NCLAT) has said that 14-day timeline for rejecting or admitting a case under Insolvency and Bankruptcy Code (.....

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

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NCLAT Prepones Summer Vacation from April 26 to May 20(20.04.2021)

National Company Law Appellate Tribunal has modified its calendar for summer vacation of this year in light of the recent surge in Covid-19 cases thro.....

Tags : National Company Law Appellate Tribunal, Preponing of Summer Vacation

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Supreme Court Panel Gives Clean Chit to UP Police in Vikas Dubey Encounter Case(22.04.2021)

Supreme Court Panel has found no evidence of wrongdoing on the part of Uttar Pradesh police in the encounter killings of gangster Vikas Dubey and his .....

Tags : Supreme Court Panel, Vikas Dubey Encounter Case

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Madras HC Enquires About State’s Preparedness to Handle Covid-19 Pandemic(23.04.2021)

Madras High Court has enquired about the State's preparedness to handle the COVID-19 pandemic, taking suo motu notice of newspaper reports about diver.....

Tags : Madras High Court, Covid-19 Pandemic

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Supreme Court Directs Govt. to Produce Medical Records of Siddique Kappan(27.04.2021)

Supreme Court has directed the State Government to produce medical records of Kerala based Journalist Siddique Kappan, who is allegedly "chained like .....

Tags : Supreme Court, Medical Records of Siddique Kappan

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Bombay HC Orders Insurance Company To Pay Rs 38 lakh With 9% Interest to Family of Deceased Engineer(25.08.2015)

Bombay High Court has ordered insurance company to pay around Rs 38 lakh, along with 9% interest to wife, son and widowed mother of deceased victim, a.....

Tags : Bombay High Court,Insurance Company

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Panchkula Violence: Punjab & Haryana High Court Orders SIT Probe(30.08.2017)

Punjab and Haryana High Court has ordered constitution of Special Investigation Teams for monitoring cases registered for the incidents of violence in.....

Tags : Delhi High Court, Panchkula Violence

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NCLAT: Pendency of Appeal Under Arbitration Act Does Not Bar Insolvency Process Under IBC(01.09.2017)

National Company Law Appellate Tribunal has observed that pendency of S.37 appeal under Arbitration Act cannot be treated as an ‘existence of dispute’.....

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

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Govt Extends Deadline for Linking Aadhaar to PAN(01.09.2017)

Government has extended by four months the deadline for linking PAN with biometric identifier Aadhaar till December 31.

Tags : Aadhaar, PAN

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Rajya Sabha Passes Public Premises (Eviction of Unauthorised Occupants) Amendment Bill, 2019(07.08.2019)

Rajya Sabha has passed the Public Premises (Eviction of Unauthorised Occupants) Amendment Bill, 2019. The Bill aims at the speedy eviction of unauthor.....

Tags : Rajya Sabha, Public Premises (Eviction of Unauthorised Occupants) Amendment Bill, 2019

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Allahabad HC Directs State Election Commission to Ensure Free and Fair Elections(02.07.2021)

Allahabad High Court has directed the State Election Commission of Uttar Pradesh to ensure free and fair elections to be conducted of Zila Panchayat C.....

Tags : Allahabad High Court, Zila Panchayat Chairperson Elections

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Bombay HC Orders for Making RoC Website a “Protected System”(08.10.2015)

Bombay High Court has ordered 3 Union Ministries to consider making website of Registrar of Companies (RoC) a 'protected system' under Section 70 of I.....

Tags : Bombay High Court ,Registrar of Companies

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SC Takes Exception at Arguments against Haryana's New Panchayat Election Law(08.10.2015)

Supreme Court has taken exception to argument that those who have defaulted in paying electric bills should not be barred from contesting panchayat po.....

Tags : Supreme Court ,Harayan, Panchayat poll

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Calcutta High Court Questions IAS Officer Alapan Bandyopadhyay’s Appointment as SEC(12.10.2015)

Calcutta HC has questioned State Govt’s decision to appoint senior IAS officer Alapan Bandyopadhyay, as the acting State Election Commissioner (SEC) a.....

Tags : Calcutta HC , State Govt, IAS Officer Alapan Bandyopadhyay, State Election Commissioner

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Madras High Court Allows Veerappan's Wife to Conduct Ritual(13.10.2015)

Madras High Court has allowed widow of sandalwood smuggler Veerappan to conduct 'Annadanam' (feeding the poor) on his 11th death anniversary but made .....

Tags : Madras High Court, Veerappan'

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Delhi High Court Permits App-Based Taxis to Continue Diesel-Run Taxis till March 1, 2016(15.10.2015)

Delhi High Court has permitted app-based cab companies to ply diesel-run taxis from point to point in Delhi till March 1 next year by when they will h.....

Tags : Delhi High Court , app-based cab companies

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LCIA Rules Against Djibouti’s Port Company in Dispute with DP World(13.07.2021)

London Court of International Arbitration (LCIA) has ruled against Djibouti’s port company, Port de Djibouti S.A. (PDSA), in its dispute with DP World.....

Tags : London Court of International Arbitration, Djibouti’s Port Company

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#Insolvency Code: NCLAT Sets Aside Inox Wind’s Insolvency Proceedings(31.07.2017)

National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against Inox Wind Ltd, on grounds that “principles of natural jus.....

Tags : National Company Law Appellate Tribunal, Inox

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Parliament Passes Companies (Amendment) Bill, 2019(31.07.2019)

Parliament has passed the Companies (Amendment) Bill, 2019 which seeks to tighten Corporate Social Responsibility norms and ensure stricter action for.....

Tags : Parliament, Companies (Amendment) Bill, 2019

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National Company Law Tribunal Approves Plan to Revive Defunct Jet Airways(23.06.2021)

National Company Law Tribunal has approved a plan to revive the defunct Jet Airways submitted by the United Kingdom’s Kalrock Capital and the UAE-base.....

Tags : National Company Law Tribunal, Jet Airways

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NCLT, Mumbai Directs Reliance Home Finance to Repay Dues to NCD Holders(25.06.2021)

National Company Law Tribunal, Mumbai has directed Reliance Home Finance Ltd (RHFL) to repay its debt obligations to 19,000 non-convertible debenture .....

Tags : National Company Law Tribunal, Reliance Home Finance

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National Company Law Tribunal, Mumbai Orders Liquidation of Nakshatra World(29.06.2021)

National Company Law Tribunal (NCLT), Mumbai has ordered the liquidation of Nakshatra World, a subsidiary of Gitanjali Gems, one of the group companie.....

Tags : National Company Law Tribunal, Nakshatra World

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NCLAT Declines Plea Challenging Order Approving Piramal Bid for DHFL(29.06.2021)

National Company Law Appellate Tribunal has declined a plea by US-based Prudential International Insurance Holdings Ltd challenging a National Company.....

Tags : National Company Law Appellate Tribunal, Prudential International Insurance Holdings Ltd

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Madras High Court Cancels Attack Pandi’s Detention Order(15.01.2016)

Madras High Court has set aside detention of V.P. Pandi alias Attack Pandi, the prime accused in murder of DMK functionary Pottu Suresh, on ground tha.....

Tags : Madras High Court, Attack Pandi

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Karnataka HC Rejects Pleas Against Elections(19.01.2016)

Karnataka High Court has dismissed all petitions, which had challenged laws and methodology related to reserving seats for various castes in taluk and.....

Tags : Karnataka High Court, panchayats

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Panchayat Members Can't Insist Upon Encroaching on Govt Land : Bombay HC(21.12.2017)

Bombay High Court has held that no member of a village panchayat can insist upon encroaching on government land and have immunity from disqualificatio.....

Tags : Bombay High Court, Panchayat Act

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MCA Extends Due Date of Filing Annual Return and Financial Statement(31.10.2019)

Ministry of Corporate Affairs (MCA) has extended the due date of filing of Forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Compa.....

Tags : Ministry of Corporate Affairs, Companies Act,2013, Extension of date

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AP High Court Vacates Stay on Genco’s Pre-closure Order(01.11.2019)

Andhra Pradesh High Court has vacated the stay imposed by it on the order given by APGenco for termination of the Polavaram hydel power plant contract.....

Tags : Andhra Pradesh High Court, APGenco, Navayuga Engineering Company Limited

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CBDT Notifies PAN-Aadhaar Interchangeability(08.11.2019)

Central Board of Direct Tax has notified the amendments of over 100 forms and returns to provide for interchangeability between permanent account numb.....

Tags : CBDT, PAN

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Delhi HC Seeks Police's Stand on Swami Chakrapani's Plea Seeking Restoration Of Z Security(30.09.2021)

Delhi High Court has sought response from the Delhi Police on the plea filed by National President of Hindu Sant Mahasabha, Swami Chakrapani, seeking .....

Tags : Delhi High Court, Swami Chakrapani

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NCLAT Rejects Government Plea to Remove Board of 63 Moons Technologies(13.03.2020)

National Company Law Appellate Tribunal has set aside the Government’s plea to supersede the board of 63 Moons Technologies. The Tribunal further uphe.....

Tags : National Company Law Appellate Tribunal, 63 Moon Technologies

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NCLAT Sets Aside CAIT’s Plea Against Flipkart-Walmart Deal(13.03.2020)

National Company Law Appellate Tribunal has dismissed a Petition filed by Confederation of All India Traders (CAIT) against the Competition Commission.....

Tags : National Company Law Appellate Tribunal, Flipkart-Walmart Deal

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NCLAT: Limitation Period Applicable to Application Filed by Financial Creditor(16.03.2020)

National Company Law Appellate Tribunal has reversed the order of the National Company Law Tribunal, Ahemdabad holding that the order of admission of .....

Tags : National Company Law Appellate Tribunal, Limitation on Application by Financial Creditor

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NCLT Benches to Function Through Virtual Mode from January 3 to January 31(03.01.2022)

National Company Law Tribunal (NCLT) has decided to revert to Virtual Mode of hearing from January 3, 2022, to January 31, 2022, taking note of the pr.....

Tags : National Company Law Tribunal, Virtual Mode of Functioning

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SC: No Statutory Appeal Against Order u/s 14B of Maharashtra Village Panchayats Act(06.01.2022)

Supreme Court has held that no statutory appeal lies against an order passed under Section 14B(1) of the Maharashtra Village Panchayats Act, 1959, ref.....

Tags : Supreme Court, Appeal Against Order u/s 14B of Maharashtra Village Panchayats Act

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NCLT Allows Jet Airways Extension for Filing of CIRP(19.03.2020)

National Company Law Tribunal has allowed the plea filed by the resolution professional (RP) of Jet Airways seeking an extension of 90 days for the co.....

Tags : National Company Law Tribunal, Jet Airways

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NCLAT Withdraws Roster for Urgent Listing(24.03.2020)

National Company Law Appellate Tribunal (NCLAT) has withdrawn the rosters issued in regard to hearing of urgent matters on 25th March, 2020 and 1st Ap.....

Tags : National Company Law Appellate Tribunal, Withdrawal of rosters

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NCLT Extends Limitation Period in Pursuance of Supreme Court Orders(25.03.2020)

National Company Law Tribunal (NCLT) has issued a notice intimating all the litigants that the extension of limitation period granted by the Supreme C.....

Tags : National Company Law Tribunal, Extension of Limitation

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NCLT, Kochi: Initiation of CIRP Not Mandatory for Application Against Personal Guarantors(28.02.2022)

National Company Law Tribunal, Kochi has held that when an application for initiation of corporate insolvency resolution process (CIRP) is pending bef.....

Tags : National Company Law Tribunal, Application Against Personal Guarantors

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NCLT, Jaipur: Personal Guarantors of NBFC/FSC Cannot be Proceeded Against Unless Threshold Satisfied(28.02.2022)

National Company Law Tribunal, Jaipur has held that Personal Guarantors of Non-Banking Finance Company/ Financial Services Provider cannot be proceede.....

Tags : National Company Law Tribunal, Personal Guarantors of NBFC/FSC

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Punjab and Haryana HC Orders ‘Re-Employment’ of PU’s Retired Teachers(23.08.2016)

Punjab and Haryana HC has directed Panjab University to ‘re-employ’ teachers who were ordered to be retired with immediate effect by a single-judge be.....

Tags : Punjab and Haryana HC , Panjab University

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NGT: Uttarakhand Floods Not 'Act of God'(26.08.2016)

National Green Tribunal while rejecting GVK Group firm Alaknanda Hydro Power Company's contention that the 2013 cloudburst and floods in Uttarakhand w.....

Tags : National Green Tribunal, Alaknanda Hydro Power Company

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Madras High Court Allows Solar Import Release Without Paying Safeguard Duty(13.08.2018)

Madras High Court has permitted Shapoorji Pallonji Infrastructure to get its consignment of imported solar panels and modules from overseas released b.....

Tags : Madras High Court, Solar Panels

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Companies Rules Amended to Mandate Disclosure of Compliance With Sexual Harassment Act(16.08.2018)

Ministry of Corporate Affairs has amended Companies (Accounts) Rules, 2014 to mandate the disclosure regarding the implementation of Sexual Harassment.....

Tags : Companies Rules, Sexual Harassment

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Karnataka HC Quashes Proceedings Against Bengaluru Police Commissioner Kamal Pant(08.02.2022)

Karnataka High Court has quashed the proceedings initiated against Bengaluru Police Commissioner Kamal Pant and two other police officers, for alleged.....

Tags : Karnataka High Court, Bengaluru Police Commissioner Kamal Pant

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NCLT Chennai Admits Application Initiating CIRP Against Coastal Energen Pvt. Ltd.(11.02.2022)

National Company Law Tribunal, Chennai has admitted the application of State Bank of India/ Financial Creditor for initiation of corporate insolvency .....

Tags : National Company Law Tribunal, Coastal Energen Pvt. Ltd.

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IRDA Stays Mandatory Listing of Insurance Companies(17.10.2016)

Insurance Regulatory & Development Authority (IRDA) has said that it is having second thoughts about mandatory listing of Insurance Companies on the S.....

Tags : Insurance Regulatory & Development Authority, listing, Insurance Companies, Finance Ministry

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Supreme Court Dismisses BCCI Review Petition(19.10.2016)

Supreme Court has dismissed a review petition filed by Board of Control for Cricket in India (BCCI) to look into the verdict passed by Court in Lodha .....

Tags : Supreme Court, BCCI , Lodha panel

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Aadhaar Not Mandatory for Bank Account, Mobile Number but Must for Allotment of PAN: SC(26.09.2018)

Supreme Court has held that while Aadhaar would remain mandatory for filing of income tax returns and allotment of PAN, it would not be mandatory to l.....

Tags : Supreme Court, Aadhaar, PAN, Mobile Connections

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Supreme Court Takes Note of Insurance Companies Not Reimbursing Cost of COVID Treatment(06.08.2020)

Supreme Court has taken note of complaints of insurance companies not reimbursing the full cost of COVID-19 treatment and told the Union government to.....

Tags : Supreme Court, Insurance Companies, Cost of COVID Treatment

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NCLT Delhi Seeks Reply of Bhushan Steel's Monitoring Committee on Policy for Retirement(07.08.2020)

National Company Law Tribunal, Delhi has sought response from the Monitoring Committee of Bhushan Power & Steel Limited in relation to its retirement .....

Tags : National Company Law Tribunal, Bhushan Power & Steel Limited

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NCLAT, Delhi: Fresh Resolution Plan Cannot be Considered by Committee of Creditors(25.04.2022)

National Company Law Appellate Tribunal (NCLAT), Delhi has held that a fresh resolution plan cannot be considered by a Committee of Creditors (COC) on.....

Tags : National Company Law Appellate Tribunal, Fresh Resolution Plan

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NCLAT, Delhi: Amount Given as Share Application Money is Not Covered Under Financial Debt(25.04.2022)

National Company Law Appellate Tribunal (NCLAT) , Delhi has held that money given as Share Application Money cannot be treated as a financial debt in .....

Tags : National Company Law Appellate Tribunal, Share Application Money

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Patna HC Quashes Bihar Notification Over Ban on Gutka and Pan Masala(20.07.2016)

Patna HC has quashed Bihar Government's notification banning manufacture, storage, distribution, transportation, sale of any type of gutka and pan mas.....

Tags : Patna HC, Bihar Notification , Gutka, Pan Masala

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Madras HC Denies Bail to ‘Attack’ Pandi(22.07.2016)

Madras HC has dismissed a bail application preferred by V.P. Pandi alias ‘Attack’ Pandi, once a close aide of ex-Union Minister M.K. Alagiri, in a cas.....

Tags : Madras HC, V.P. Pandi alias ‘Attack’ Pandi

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SC to Centre, RBI: File Response to Plea on Panama Papers(26.07.2016)

SC has asked Centre and RBI to file their response in four weeks to a plea seeking CBI probe against Indian offshore bank account holders named in the.....

Tags : SC, Centre, RBI, Panama papers

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NGT Directs Cavelossim Panchayat to Clean “Nullah”(26.07.2016)

National Green Tribunal (NGT) has directed Cavelossim panchayat to clean a polluted nullah in the village, stating that it cannot escape its responsib.....

Tags : National Green Tribunal, Cavelossim panchayat

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Orissa High Court Stays Safeguard Duty on Imported Solar Panels(30.07.2018)

Orissa High Court has stayed the imposition of safeguard duty on imported solar panels until August 20.

Tags : Orissa High Court, Solar Panels

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NCLAT Sets Aside NCLT Order to Add MCA as Party in All IBC Cases and Company Petitions(26.05.2020)

National Company Law Appellate Tribunal (NCLAT) has set aside an order of National Company Law Tribunal (NCLT) which mandated the impleadment of the U.....

Tags : National Company Law Appellate Tribunal, Ministry of Corporate Affairs, Party to IBC Matters

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NCLAT, New Delhi Dismisses NOIDA Appeal Against Order Directing Participation in CIRP Process(09.03.2022)

National Company Law Appellate Tribunal, New Delhi has dismissed the Appeal preferred by New Okhla Industrial Development Authority (NOIDA) against th.....

Tags : National Company Law Appellate Tribunal, Participation in CIRP Process

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Gauhati High Court Directs Authorities to Test Pan Masala Products Available in Market(19.02.2020)

Gauhati High Court has directed the state of Assam to take appropriate action under the Food Safety & Standards Act, 2006, against all those Pan Masal.....

Tags : Gauhati High Court, Test of Pan Masala Products

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NCLAT: Ola Has Not Abused Its Dominant Position, Not Used Predatory Pricing(18.01.2022)

National Company Law Appellate Tribunal has refused to set aside the order passed by the Competition Commission of India in 2017 and held that Ola has.....

Tags : National Company Law Appellate Tribunal, Ola, Predatory Pricing

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Supreme Court Grants Protection from Arrest to Poonam Pandey in Porn Films Racket Case(19.01.2022)

Supreme Court has granted protection from arrest to actress Poonam Pandey in porn films racket case in the SLP assailing Bombay High Court's judgement.....

Tags : Supreme Court, Poonam Pandey, Porn Films Racket Case

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NCLAT: Asset Can be Kept Out of Liquidation Estate if Asset is Sub-Judice Before High Court(24.01.2022)

National Company Law Appellate Tribunal has held that an asset can be kept out of liquidation estate if the said asset is sub-judice before the High C.....

Tags : National Company Law Appellate Tribunal, Asset, Liquidation

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NCLAT: Approval of Committee of Creditors Not Mandatory When Seeking Exclusion of Time(24.01.2022)

National Company Law Appellate Tribunal has held that the approval of the Committee of Creditors is not mandatory when seeking exclusion of time in vi.....

Tags : National Company Law Appellate Tribunal, Exclusion of Time

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NCLT, Delhi: Advanced Deposit Towards Licence Fee Considered as Operational Debt(25.01.2022)

National Company Law Tribunal, Delhi has held that advanced deposit towards license fee would be considered as an Operational Debt and issuance of not.....

Tags : National Company Law Tribunal, Advanced Deposit Towards Licence Fee

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SC Issues Notice to Rajasthan in Panchayati Raj Case(28.07.2016)

SC has issued notice to Rajasthan Govt. on constitutional validity of legislation fixing minimum qualification for contesting panchayat elections in t.....

Tags : SC , Rajasthan Govt., panchayat

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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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NCLT Chandigarh Allows Fortis to Withdraw SRL Demerger Scheme(18.06.2018)

National Company Law Tribunal, Chandigarh has allowed Fortis Healthcare to withdraw its scheme to demerge SRL diagnostics from the group and merge it .....

Tags : National Company Law Tribunal, Fortis

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NCLAT: Superseded Director Not Entitled to Notice of CoC Meeting(31.01.2022)

National Company Law Appellate Tribunal has held that there exists a difference between supersession of Directors under the Reserve Bank of India Act,.....

Tags : National Company Law Appellate Tribunal, Superseded Director

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SC Sets Aside Delhi HC Orders Initiating Coercive Steps Against Companies and Promoters Biyani(01.02.2022)

Supreme Court has set aside the orders of the Delhi High Court which initiated coercive steps against the companies and its promoters Biyanis for alle.....

Tags : Supreme Court, Coercive Steps Against Companies and Promoters Biyani

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#Union Budget 2022-2023: Finance Minister Informs on Expansion of Parivesh for Green Clearances(01.02.2022)

Finance Minister informs on expansion of scope of Parivesh - single window portal for all green clearances. e-Passports to be rolled out in 2022-23 wi.....

Tags : Union Budget, Finance Minister, Expansion of Parivesh for Green Clearances

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Bombay HC Dismisses Bengal Club’s Plea for Larger Pandal for Durga Puja(06.10.2016)

Bombay HC has dismissed Bengal Club’s plea for a larger pandal for Durga and Kali puja celebrations on Shivaji Park.

Tags : Bombay HC, Shivaji Park, Durga Puja, Pandal

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SC Slams BCCI for Disbursing Money to States(07.10.2016)

SC has threatened to dismiss top rung of BCCI following allegations of defiance of sweeping reforms recommended by Lodha Panel set up to clean up worl.....

Tags : SC, BCCI, Lodha Panel

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Person Who Remains in Encroached Property Disqualified From Being Member of Panchayat: SC(20.09.2018)

Supreme Court has held, overruling its previous decision, that a person who shares an encroached property by residing there, he/she has to be treated .....

Tags : Supreme Court, Panchayath, Property

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Bombay High Court Imposes Fine of Rs.1.5 Cr on Two Pharma Companies(24.09.2018)

Bombay High Court has imposed a cost of Rs.1.5 Cr on two pharma companies for repeatedly infringing copyright and selling illegal drugs.

Tags : Bombay High Court, Pharma Companies

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Supreme Court: No Recalculation of AGR Dues of Telecommunication Companies(21.07.2020)

Supreme Court has stated that there will be no recalculation of the adjusted gross revenue (AGR) dues that need to be paid by the telecommunication co.....

Tags : Supreme Court, AGR Dues of Telecommunication Companies

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NCLAT Upholds Insolvency Proceedings Against Housing Development & Infrastructure Ltd.(21.07.2020)

National Company Law Appellate Tribunal (NCLAT) has upheld the order against the real estate giant, Housing Development & Infrastructure Limited (HDIL.....

Tags : National Company Law Appellate Tribunal, Housing Development & Infrastructure Limited

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SC: Appeal to NCLAT Shall Be Filed Within Period of 30 Days(13.05.2022)

Supreme Court has reiterated that an appeal against the order of National Company Law Tribunal (NCLT) shall be filed before the NCLAT within a period.....

Tags : Supreme Court, National Company Law Tribunal , thirty days, fifteen days

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Gujarat HC Rejects PIL against Appointment of P P Pandey as Gujarat DGP(03.08.2016)

Gujarat High Court has rejected a PIL filed by EX- Cop Julio Ribeiro challenging appointment of P P Pandey, accused in Ishrat Jahan encounter case, as.....

Tags : Gujarat HC, P P Pandey , Ishrat Jahan encounter case

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Bombay HC Extends Interim Protection from Arrest to Pankaj Bhujbal and Others(09.08.2016)

Bombay High Court has extended interim protection from arrest granted to Nationalist Congress Party (NCP) Legislator Pankaj Bhujbal and others accused.....

Tags : Bombay High Court, Pankaj Bhujbal

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Uttarakhand HC Revokes Expulsion of GB Pant University Students(11.08.2016)

Uttarakhand HC has revoked expulsion of eight students of GB Pant University of Agriculture and Technology, Pantnagar, allowing them to enroll for the.....

Tags : Uttarakhand HC , GB Pant University

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NCLAT Directs NBCC to Implement Resolution Plan Pending Appeal in Jaypee Infratech Matter(27.04.2020)

National Company Law Appellate Tribunal has declined to stay the implementation of the modified resolution plan and directed NBCC Limited to acquire t.....

Tags : National Company Law Appellate Tribunal, Jaypee Infratech

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SC Issues Notice on NCLT Bar Association's Petition Challenging MCA Notification(06.04.2022)

Supreme Court has issued notice in a writ petition that seeks to change the term of 3 years fixed by a notification issued by the Ministry for the mem.....

Tags : Supreme Court, 3 years, National Company Law Tribunal, 5 years, Section 408 of the Companies Act, 2013

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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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SC Grants 2 More Weeks to Centre to File Reply on Panama Papers(30.08.2016)

SC has granted two more weeks to Centre to file its response on a plea seeking CBI probe against Indian offshore bank account holders named in the Pan.....

Tags : SC , Centre, Panama papers

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National Company Law Tribunal Asks Astro to Not to Exit AskMe for 6 Weeks(31.08.2016)

National Company Law Tribunal has asked Astro Entertainment Networks Ltd not to exit e-commerce website AskMe.com, in which it is an investor, for six.....

Tags : National Company Law Tribunal, Astro Entertainment Networks Ltd

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NCLAT, Delhi: Operational Creditor is At Liberty to File Legal Proceedings to Recover Claims(21.02.2022)

National Company Law Appellate Tribunal (NCLAT), Delhi has held that the Operational Creditor is at liberty to file appropriate legal proceedings to r.....

Tags : National Company Law Appellate Tribunal, Operational Creditor

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Delhi HC Dismisses PIL Challenging Tender Invitations Issued By PSUs for Empanelment of Law Firms(21.02.2022)

Delhi High Court has dismissed a public interest litigation challenging the Tender invitations issued by Public Sector Undertakings and other register.....

Tags : Delhi High Court, Empanelment of Law Firms

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Bombay HC Sets Aside Show Cause Notice Against Bombay Dyeing Company(21.02.2022)

Bombay High Court has set aside a show-cause notice issued 15 years back against Bombay Dyeing and Manufacturing Company Limited, observing that a par.....

Tags : Bombay High Court, Bombay Dyeing Company

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NCLAT: Penalty Can Only be Under IBC Code and Not Companies Act Before Adjudicating Authority(22.02.2022)

National Company Appellate Law Tribunal has held that when proceedings before the Adjudicating Authority are being carried out under the Insolvency an.....

Tags : National Company Appellate Law Tribunal, Proceedings Before Adjudicating Authority

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SC Limits BCCI's Financial Powers, Asks Panel to Appoint Independent Auditor(21.10.2016)

Supreme Court, while imposing limits on Board of Control for Cricket in India's (BCCI) financial powers, has said that, India’s cricket board will hav.....

Tags : Supreme Court, Board of Control for Cricket in India, BCCI, Lodha Panel

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SC Upholds Centre’s Mechanism to Control Drug Prices(24.10.2016)

Supreme Court has upheld Centre's power to specify prices of essential medicines to curb profiteering by Pharmaceutical Companies.

Tags : Supreme Court, Pharmaceutical Companies, Drug Prices

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Bombay HC Directs Insurance Companies to Pay Insured Accident Victims Having Fake Licenses(24.10.2016)

Bombay High Court has held that Insurance Companies are liable to pay compensation to victims of road accidents even if they possessed a fake or unaut.....

Tags : Bombay High Court, Insurance Companies , Fake Licenses

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Investment can’t be Written Off as Bad Debt if Project fails to Take Off: ITAT(12.10.2018)

Income Tax Appellate Tribunal (ITAT ) has given major setback to Aditya Birla Power Company Limited and held that investment in the project which fail.....

Tags : ITAT, Investment, Aditya Birla Power Company Limited

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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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Rajasthan HC: Panchayat Has No Authority to Decide Question of Revenue Entries(18.04.2022)

Rajasthan High Court has held that Panchayat has no right to decide the question of the revenue entries as the same lies in the domain of the revenue .....

Tags : Rajasthan High Court, Panchayat, revenue entries, revenue authority, State of Rajasthan

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NCLAT Hauls Unitech Ltd for Defaulting Payment to Deposit Holders(28.02.2020)

National Company Law Appellate Tribunal has directed Unitech Limited to repay the amount(s) to its deposit holder’s penedente lite along with future i.....

Tags : National Company Law Appellate Tribunal, Unitech Ltd

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Kerala High Court Stays Granting of Njanappana Award to Poet Prabhavarma(02.03.2020)

Kerala High Court has stayed the granting of Njanappana award to poet Prabha Varma, the author of Syama Madhavam.

Tags : Kerala High Court, Njanappana Award

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Calcutta HC Seeks Response in Plea Challenging Expansion of BSF Jurisdiction in West Bengal(15.12.2021)

Calcutta High Court has sought response from the Central government in a Public Interest Litigation (PIL) petition challenging the Central government'.....

Tags : Calcutta High Court, Expansion of BSF Jurisdiction

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Supreme Court Issues Notice on Petition Alleging Discrepancies in NEET-PG 2021 Scores(20.12.2021)

Supreme Court has issued notice on a petition alleging serious instances of discrepancies in the scores for NEET-PG 2021 and to further bring to the n.....

Tags : Supreme Court, Discrepancies in NEET-PG 2021 Scores

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MP HC Dismisses Plea Seeking to Take Effective Measures to Rule Out Discrepancies in EVMs(22.12.2021)

Madhya Pradesh High Court has dismissed a plea seeking a direction to the Election Commission of India (ECI) to take effective measures to rule out th.....

Tags : Madhya Pradesh High Court, Discrepancies in EVMs

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NCLT Directs Indiabulls Real Estate to Discuss Embassy Merger with Shareholders(27.12.2021)

National Company Law Tribunal (NCLT) has directed realty developer Indiabulls Real Estate to convene a meeting of its shareholders to discuss and seek.....

Tags : National Company Law Tribunal, Merger of Indiabulls with Embassy Group

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Punjab and Haryana HC Rejects Plea Seeking Enhancement of PU Faculty Retirement Age(16.08.2016)

Punjab and Haryana HC has rejected a bunch of petitions filed by faculty members of Panjab University (PU), Chandigarh seeking enhancement of their re.....

Tags : Punjab and Haryana HC , Panjab University

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NCLT Allows Merger of LLP, Private Companies(31.07.2018)

National Company Law Tribunal has given the green signal to merger of a Limited Liability Partnership with a private company.

Tags : NCLAT, LLP, Private Companies

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Central Government Sets Up NCLT Bench in Kochi(01.08.2018)

Central Government has constituted a Bench of the National Company Law Tribunal (NCLT) in Kochi which will be effective from August 1 this year.

Tags : National Company Law Tribunal, Kochi

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NCLT Cancels Summer Vacation 2020 for All Its Benches(06.05.2020)

National Company Law Tribunal has cancelled the Summer Vacation, 2020 for all its benches, in view of loss of work due to the lockdown.

Tags : National Company Law Tribunal, Summer Vacations

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NCLT Refuses Petition Against India Steel(11.05.2020)

National Company Law Tribunal has refused to admit an insolvency Petition filed by India Resurgence Asset Reconstruction Company, a joint venture betw.....

Tags : National Company Law Tribunal, India Steel

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SEBI Eases Norms on Consolidated Numbers for Banks, Insurance Companies(13.05.2020)

Securities and Exchange Board of India (SEBI) has exempted banks and insurance companies from publishing consolidated financial results for the June q.....

Tags : Securities and Exchange Board of India, Banks, Insurance Companies

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NCLT: Filing of Default Record Necessary for Section 7 IBC Filings(13.05.2020)

National Company Law Tribunal has directed filing of default record from Information utility along with new Petitions under Section 7 of the Insolvenc.....

Tags : National Company Law Tribunal, Filing of Default Record

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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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SC: Concerned That AGR Dues Will Be 'Wiped Out' in IBC Process(21.08.2020)

Supreme Court has remarked that it was wary of Aggregate Gross Revenue-related dues owed to the Government being wiped out in light of the insolvency .....

Tags : Supreme Court, AGR Dues of Telecommunication Companies

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NCLT, Mumbai Initiates Insolvency Process Against Anil Ambani Over Personal Guarantee(24.08.2020)

National Company Law Tribunal, Mumbai has allowed an application filed by State Bank of India to initiate insolvency proceedings against Reliance Comm.....

Tags : National Company law Tribunal, Anil Ambani

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SC Asks DoT Details of Spectrum Sharing Arrangements by Telecom Companies(24.08.2020)

Supreme Court has directed the Department of Telecom (DoT) to inform of the basis of spectrum sharing done by telecom companies and how much is the li.....

Tags : Supreme Court, Spectrum Sharing Arrangements by Telecom Companies

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NCLAT Upholds Dismissal of Petition Filed During Prohibited Period(24.05.2022)

National Company Law Appellate Tribunal while adjudicating an appeal has upheld that Corporate Insolvency Resolution Process cannot be initiated over .....

Tags : National Company Law Appellate Tribunal, Corporate Insolvency Resolution Process, Insolvency and Bankruptcy

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NCLAT: Article 1 of Limitation Act,1963 not Apply to Proceedings Under IB Code, 2016(26.05.2022)

National Company Law Appellate Tribunal (NCLAT) Principal Bench has held that the Article 1 of Limitation Act, 1963 is not applicable to the Petition .....

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

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NCLT: Salary During Notice Period Does Not Fall Within the Definition of 'Operational Debt' Under IBC(26.05.2022)

National Company Law Tribunal, Mumbai Bench has held that salary for purported notice period amounts to specific performance of the appointment letter.....

Tags : National Company Law Tribunal, Operational Debt, Operational Creditor

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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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NCLT, Bengaluru Dismisses Insolvency Petition Against Café Coffee Day(07.04.2022)

National Company Law Tribunal, Bengaluru has dismissed the insolvency petition filed against the parent company of Cafe Coffee Day namely Coffee Day G.....

Tags : National Company Law Tribunal, parent company, Cafe Coffee Day, Coffee Day Global Limited, Cooperative Rabobank U.A

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Supreme Court: Mere Amalgamation Would Not invalidate Income Tax Proceedings(07.04.2022)

Supreme Court has held that whether corporate death of amalgamating entity upon amalgamation invalidates an order of assessment issued under the Incom.....

Tags : Supreme Court, amalgamation, Income Tax Act, 1961, Section 481 of the Companies Act, 1956

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Delhi HC: Breach of Contract u/s 74 Not Applicable at Pre-Formation Stage(07.04.2022)

Delhi High Court has admitted a writ petition that seeks refund of bid security paid by Indian Hotels Company Limited (IHCL) and has dismissed the all.....

Tags : Delhi High Court, bid security, Indian Hotels Company Limited, pre-formation stage, breach of contract

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NCLT, Kolkata: Corporate Debtor Cannot Be Sent Into Liquidation(08.04.2022)

National Company Law Tribunal, Kolkata has observed that just because the liquidation value is being projected higher than the value of the resolutio.....

Tags : National Company Law Tribunal, liquidation value, resolution plan, Corporate Debtor, liquidation

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NCLT, Kolkata: IRP Against Legal Heirs of Personal Guarantor by Financial Creditor Not Permissible(11.04.2022)

National Company Law Tribunal, Kolkata has held that the application is not maintainable against legal heirs of the Personal Guarantor under the Insol.....

Tags : National Company Law Tribunal, Financial Creditor, Personal Guarantor, Bank of Baroda

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NCLT Cuttack: CIRP Can’t be Initiated Over Undecided Claims or Unstamped Agreements(26.04.2022)

National Company Law Tribunal, Cuttack has ruled that Corporate Insolvency Resolution Process cannot be initiated based on undecided claims and/or uns.....

Tags : National Company Law Tribunal, Corporate Insolvency Resolution Process, compulsory registration

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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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Calcutta HC: Electricity Distribution Company Can Install Electric Poll on Private Land(28.04.2022)

Calcutta High Court has observed that West Bengal State Electricity Distribution Company Limited has the right to install electric polls on private la.....

Tags : Calcutta High Court, West Bengal State Electricity Distribution Company Limited, electric connection

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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 Allows BCCI to Spend Rs. 2.83 crore for Remaining Matches in Ind-Eng Series(08.12.2016)

Supreme Court has permitted Board of Control for Cricket in India (BCCI) to spend a sum of Rs 2.83 crore for two Tests, three One-day Internationals (.....

Tags : Supreme Court, BCCI , Lodha panel

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Pending Companies Act Matters to be Transferred to NCLT(12.12.2016)

MCA has issued a notification stating that pending proceedings under the Companies Act with a few exceptions shall be transferred from the district an.....

Tags : NCLT, Pending Companies Act matters

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Converting Company to LLP is a ‘Transfer’: ITAT(07.12.2018)

Income Tax Appellate Tribunal (ITAT) has held that the conversion of a company into an LLP constitutes a “transfer” for the purpose of the Income Tax .....

Tags : ITAT, Converting Company to LLP

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NCLAT: Registration of Vehicle Does Not Qualify As Registered ‘Charge’ for Valid Claim(30.10.2020)

National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by Volkswagen Finance Pvt Ltd against an order of the National Company L.....

Tags : National Company law Appellate Tribunal, Registration of Vehicle

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Kerala HC Dismisses Plea Against EC’s Decision Disqualifying Members of Gram Panchayat(02.11.2020)

Kerala High Court has dismissed Writ Petitions filed against the decision of Election Commission of India declaring the petitioners "disqualified" for.....

Tags : Kerala High Court, Gram Panchayat

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Government Amends Income Tax Rules, Direct Banks to Obtain PAN of A/cs, Except Savings(09.01.2017)

Income Tax rules have been amended to provide that banks shall obtain and link PAN or Form No 60 (where PAN is not available) in all existing bank acc.....

Tags : Income Tax rules, PAN, Form No 60

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Supreme Court Agrees to Decide Upon Setting Up SIT to Probe Panama Papers(10.01.2017)

Supreme Court has agreed to examine whether an SIT should be appointed to probe the Panama Papers in which 500 Indians, including some with political .....

Tags : Supreme Court, Panama Papers, SIT

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Sebi Streamlines Norms for Mergers Involving Listed Companies to Increase Public Shareholding to 25%(16.01.2017)

Securities and Exchange Board of India (SEBI) has introduced more checks and balances for Mergers & Acquisition (M&A) involving unlisted companies, un.....

Tags : Securities and Exchange Board of India, Listed-Unlisted Companies, Merger, Public Shareholding

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Conduct Independent Probe in Dabholkar, Pansare Cases: Bombay HC to CBI(18.01.2019)

Bombay High Court has told CBI and the Maharashtra CID not to completely rely on the revelations made in the Gauri Lankesh case and conduct an indepen.....

Tags : Bombay High Court, Dabholkar, Pansare Cases

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Conduct Independent Probe in Dabholkar, Pansare Cases: Bombay HC to CBI(18.01.2019)

National Green Tribunal (NGT) has asked the Union ministry of environment and forests to examine effect of hookah with respect to indoor air pollution.....

Tags : Bombay High Court, Dabholkar, Pansare Cases

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NCLT, Mumbai Approves Reliance Jio;s Resolution Plan for Reliance Infratel(04.12.2020)

National Company Law Tribunal (NCLT), Mumbai has approved Reliance Jio’s resolution plan for the bankrupt Reliance Infratel.

Tags : National Company Law Tribunal, Reliance Jio

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Supreme Court Removes Anurag Thakur From Post of BCCI Chief(02.01.2017)

Supreme Court has removed Anurag Thakur from post of BCCI President for not complying with orders of the Apex Court with regards to implementation of .....

Tags : Supreme Court, BCCI , Lodha panel, Anurag Thakur, BCCI President

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Supreme Court Clarifies Disqualification Criteria For BCCI Officials(04.01.2017)

Supreme Court has made it clear that a person shall be disqualified from being an office bearer of BCCI if he or she has been in cash-rich cricket boa.....

Tags : Supreme Court, BCCI, Lodha Panel

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Bombay High Court Restrains SEBI from Auctioning Pancard Clubs' Properties(11.01.2019)

Bombay High Court, in an interim order, has restrained the Securities and Exchange Board of India (SEBI) from auctioning off private properties of Pan.....

Tags : Bombay High Court, SEBI, Pancard Clubs' Properties

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Supreme Court Mulls Setting Up Expert Panel to Study Effect of Mining Near Eco-Sensitive Zones(05.11.2020)

Supreme Court has observed that it was thinking of setting up an expert committee to assess the effect of mining in the coal blocks near eco-sensitive.....

Tags : Supreme Court, Expert Panel to Study Effect of Mining Near Eco-Sensitive Zones

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Karnataka HC Directs SEC to Announce Schedule of Panchayat Elections(17.11.2020)

Karnataka High Court has directed the State Election Commission (SEC) to finalise the schedule of conducting elections to Grama Panchayats in the stat.....

Tags : Karnataka High Court, Schedule of Panchayat Elections

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NCLAT, Delhi: Arrears of Salary Accumulated for More Than Three Years Are Not Eligible for CIRP(13.05.2022)

National Company Law Appellate Tribunal, New Delhi has ruled that arrears of salary due beyond a period of three years would be barred by limitation f.....

Tags : National Company Law Appellate Tribunal, three years, Corporate Insolvency Resolution Process, limitation

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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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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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P&H HC Directs Panjab University to Reconsider Scrapping of Entrance Exam(15.09.2020)

Punjab and Haryana High Court has directed the Panjab University, Chandigarh to reconsider its decision to scrap the UGLAW entrance examination for th.....

Tags : Punjab and Haryana High Court, Panjab University

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NCLAT Sets Aside NCLT Order Dismissing Initiation of CIRP Against Mittal Corp(15.09.2020)

National Company Law Appellate Tribunal (NCLAT) has set aside an order passed by the National Company Law Tribunal (NCLT), Mumbai which had dismissed .....

Tags : National Company Law Appellate Tribunal, Mittal Corp Limited

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Allahabad HC Issues Notice on Plea Against Custody of Persons Arrested with Siddique Kappan(19.11.2020)

Allahabad High Court has issued notices on a Habeas Corpus petition filed by 3 alleged PFI Members, arrested by the Deputy Superintendent of Police wh.....

Tags : Allahabad High Court, Siddique Kappan

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Bombay HC: NCLT Has No Jurisdiction to Examine Legality of Action Taken Under MPID Act(23.11.2020)

Bombay High Court has held that the National Company Law Tribunal has no jurisdiction to examine the legality or validity of action taken under the Ma.....

Tags : Bombay High Court, National Company Law Tribunal, Jurisdiction

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SC: Pandemic Situation Likely to Worsen, States and Centre Must be Well Equipped(23.11.2020)

Supreme Court has observed that the pandemic situation is likely to worsen across the country in the coming months and States as well as the Centre mu.....

Tags : Supreme Court, COVID-19 Pandemic

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ITAT, Mumbai: Company Granting Bonus to Employees or Shareholder Entitled to Tax Benefits(25.11.2020)

Income Tax Appellate Tribunal (ITAT), Mumbai has held that the company which is granting bonuses to its employees or shareholders is entitled to tax b.....

Tags : Income Tax Appellate Tribunal, Company Granting Bonus

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Calcutta HC Modifies Order on Entry Restrictions in Durga Puja Pandals(22.10.2020)

Calcutta High Court has modified its order making Durga Puja pandals as no-entry zones to allow Dhakis, traditional drummers who play Dhak, in the no-.....

Tags : Calcutta High Court, Entry Restrictions in Durga Puja Pandals

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MP HC Stresses Need for Orientation Program for Fresher-Panel Lawyers(23.10.2020)

Madhya Pradesh High Court has stressed on the need to provide Panel Lawyers, who are freshers and are representing the State for the first time, prope.....

Tags : Madhya Pradesh High Court, Orientation Program for Fresher-Panel Lawyers

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National Company Law Tribunal Suspends Delhi Gymkhana Club's Board(15.02.2021)

National Company Law Tribunal (NCLT) has ordered the suspension of the Delhi Gymkhana Club's board. The Tribunal has also asked the Ministry of Corpor.....

Tags : National Company Law Tribunal, Delhi Gymkhana

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P&H High Court Sets Aside Govt Nod to Transfer Panchayat Land to Private Developer(16.02.2021)

Punjab and Haryana High Court has quashed an order passed by the Punjab Government permitting the exchange of over 42 kanals of gram panchayat land ab.....

Tags : Punjab and Haryana High Court, Transfer of Panchayat Land

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Bombay HC: Plea Challenging Rejection of Nomination Papers Cannot be Entertained(18.01.2021)

Bombay High Court has held that a writ petition under Article 226 of the Constitution of India, 1949 challenging the rejection of nomination papers by.....

Tags : Bombay High Court, Gram Panchayat election process

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NCLT, Mumbai: Advance Amount Received by Property Owner is Operational Debt(18.01.2021)

National Company Law Tribunal (NCLT), Mumbai has ruled that the advance amount received by a property owner from the real-estate developer for a re-de.....

Tags : National Company Law Tribunal, Operational Debt

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NCLT Admits ISRO-Arm Antrix's Plea to Wind Up Devas Multimedia(20.01.2021)

National Company Law Tribunal, Bengaluru, has admitted the petition filed by Indian Space Research Organization's commercial arm Antrix Corporation Lt.....

Tags : National Company Law Tribunal, Devas Multimedia

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P&H HC Issues Notice on Plea Challenging Haryana Panchayati Raj (Second Amendment) Act(20.01.2021)

Punjab and Haryana High Court has issued notice on a writ petition challenging the vires of the Haryana Panchayati Raj (Second Amendment) Act, 2020, w.....

Tags : Punjab and Haryana High Court, Haryana Panchayati Raj (Second Amendment) Act, 2020

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Allahabad HC Dismisses Plea by Hindu Mahasabha Leader for Quashing FIR and Stay of Arrest(25.01.2021)

Allahabad High Court has dismissed a writ petition filed by Ashok Kumar Pandey, Hindu Mahasabha Leader from Aligarh praying for quashing of a First In.....

Tags : Allahabad High Court, Ashok Kumar Pandey

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SC Directs Bajaj Allianz to Come Up with Draft Guidelines for Compensation Disbursement Process(15.02.2021)

Supreme Court has directed the Bajaj Allianz General Insurance Company, to come up with draft guidelines for facilitating compensation disbursement pr.....

Tags : Supreme Court, Bajaj Allianz General Insurance Company, Compensation Disbursement Process

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Supreme Court on Aadhar, PAN Row: We Cannot Preclude Parliament from Enacting Statutory Provisions(28.04.2017)

Supreme Court has put a poser as to why there was no objection from lawmakers on Government's decision to make Aadhaar mandatory for making PAN cards,.....

Tags : Supreme Court, Aadhaar, PAN

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Principles of Natural Justice to be Followed Before Branding a Company a Shell Company: Gauhati HC(19.04.2019)

Gauhati High Court has held that an order branding any company as a shell company, without serving notice or hearing, violates principles of natural j.....

Tags : Gauhati High Court, Shell Company, Principles of Natural Justice

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SC Issues notice on Plea Challenging Govt Notification on Road Expansions(10.03.2021)

Supreme Court has issued notice in Advocate Prashant Bhushan's plea challenging government notification that states that road expansion projects less .....

Tags : Supreme Court, Road Expansion

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Delhi HC Seeks Chamber Allotment Committee's Reply Over Pan, Cigarette Shops on Court Premises(12.04.2017)

Delhi High Court has asked Chamber Allotment Committee of High Court to look into issue whether a shop, which is granted licence to sell pan, cigarett.....

Tags : Delhi High Court, Pan, Cigarette Shops

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Madras HC Stays Arrest of O Panneerselvam's Son, Brother in Rioting, Criminal Intimidation Case(12.04.2017)

Madras High Court has restrained Tamil Nadu police from arresting Ex-Chief Minister O Panneerselvam's son O P Ravindranath Kumar and brother O Raja ti.....

Tags : Madras High Court, O Panneerselvam, Criminal Intimidation

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Lenders Having Vested Interest in Debtor shouldn’t be Part of Creditors’ Panel: NCLT(15.04.2019)

National Company Law Tribunal (NCLT), Chennai Bench has held that a party having a vested interest /relation with a corporate debtor should not be a p.....

Tags : National Company Law Tribunal, Committee of Creditors

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Allahabad HC Quashes Order Reserving Seats for Polls Taking 1995 as Base Year(16.03.2021)

Allahabad High Court has quashed an order issued by the Uttar Pradesh government dealing with the reservation of seats for various categories of candi.....

Tags : Allahabad High Court, Uttar Pradesh Panchayat Polls

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Bombay HC: NCLAT Has No Jurisdiction Over Petition Under Arbitration Act(14.04.2021)

Bombay High Court has held that the National Company Law Appellate Tribunal has absolutely no jurisdiction over it in a petition under the Arbitration.....

Tags : Bombay High Court, National Company law Appellate Tribunal, Jurisdiction Over Petition Under Arbitration Act

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ITAT, Ahmedabad: Shares at Face Value by Amalgamated Company Not Covered Under Income Tax Act(16.04.2021)

Income Tax Appellate Tribunal (ITAT), Ahmedabad has ruled that the Shares at ‘face value’ by the amalgamated company to shareholders in pursuance of s.....

Tags : Income Tax Appellate Tribunal, Shares at Face Value by Amalgamated Company

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Delhi HC Rejects PIL Seeking Release of Persons "Illegally" Detained During Farmers' Tractor Rally(03.02.2021)

Delhi High Court has dismissed a Public Interest Litigation (PIL) petition filed by a law graduate seeking release of participants of farmers tractor .....

Tags : Delhi High Court, Release of Participants of Farmers Tractor Rally

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Supreme Court Seeks Centre's Opinion Over Special SIT to Probe Panama Papers Case(18.04.2017)

Supreme Court has asked Centre to obtain instructions on whether a separate SIT can be set up for investigation in a matter relating to investigation .....

Tags : Supreme Court, Panama Papers Case

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Supreme Court Upholds AP High Court Judgment Annulling 'Hereditary Job' Scheme in SCCL(20.04.2017)

Supreme Court has upheld Andhra Pradesh High Court judgment which had quashed ‘hereditary jobs’ scheme for Singareni Collieries Company Limited (SCCL).....

Tags : Supreme Court, Singareni Collieries Company Limited, hereditary jobs

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Pakistan SC Orders JIT Probe Against PM Nawaz Sharif in Panama Leaks Case(21.04.2017)

Pakistan Supreme Court has constituted a Joint Investigation Team (JIT) to conduct further investigation into corruption allegations levelled by oppos.....

Tags : Pakistan Supreme Court, Panama Leaks

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NCLT Dismisses Mistry's Plea Alleging Mismanagement, Minority Oppression at Tata Sons(24.04.2017)

National Company Law Tribunal, while dismissing Cyrus Mistry petition that alleged mismanagement and minority shareholder oppression at Tata Sons, has.....

Tags : National Company Law Tribunal, Mismanagement, Minority Oppression, TATA

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Allahabad High Court Refuses to Postpone UP Panchayat Elections Due to Covid Surge(08.04.2021)

Allahabad High Court has refused to postpone the Uttar Pradesh Panchayat Election, scheduled to be held from 15th April, 2021, in light of the recent .....

Tags : Allahabad High Court, UP Panchayat Elections

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CBDT: Aadhaar Mandatory For ITR From July 1, As SC Ordered Only Partial Relief(12.06.2017)

Central Board of Direct Taxes (CBDT) has clarified that for filing of tax returns and for obtaining Permanent Account Number (PAN), Aadhaar was compul.....

Tags : CBDT, Aadhaar, PAN

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CBDT: People Not Having PAN Card Can File Form 60 Manually/Electronically Using E-Verification(12.06.2017)

Central Board of Direct Taxes (CBDT) has notified amended rules regarding furnishing of Form 60 either in manually or electronically by using e-verif.....

Tags : Central Board of Direct Taxes, Form 60, PAN Card

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Karnataka HC Directs Penal Action Against Participants of Public Rally for Not Wearing Facemasks(25.03.2021)

Karnataka High Court has directed the State Government to ensure that penal and other actions are initiated in accordance with law against those perso.....

Tags : Karnataka High Court, Participants of Public Rally

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NCLT, Kochi: Only Debts Under ‘Operational Debt’ Can File Application u/s 9 of IBC(26.03.2021)

National Company Law Tribunal (NCLT), Kochi has ruled that only debts covered under the definition of ‘Operational Debt’ can file an application under.....

Tags : National Company Law Tribunal, Application u/s 9 of IBC

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Central Government Extends Aadhaar-PAN Linking Deadline Till June 30th(01.04.2021)

Central Government has extended the last date for linking of Aadhaar number with PAN from March, 31 2021 to June, 30 2021.

Tags : Central Government, PAN

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Central Government Extends Aadhaar-PAN Linking Deadline Till June 30(02.04.2021)

Central Government has extended the last date for linking of Aadhaar number with PAN has from March, 31 2021 to June, 30 2021, keeping in mind the dif.....

Tags : Central Government, Aadhaar-PAN Linking Deadline

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Madras HC Dismisses Plea Seeking Setting Aside of Notice for Alleged Involvement in Katta Panchayat(19.05.2021)

Madras High Court has dismissed a petition filed by an Inspector of Police attached to the District Crime Branch, Pudukkottai, seeking setting aside o.....

Tags : Madras High Court, Notice for Alleged Involvement in Katta Panchayat

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Allahabad HC Issues Notice Over Death of 135 Panchayat Election Duty Staff(28.04.2021)

Allahabad High Court has taken Judicial notice of the death of 135 persons, who were on election duty during Panchayat elections in the State, due to .....

Tags : Allahabad High Court, Death of 135 Panchayat Election Duty Staff

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Government: Aadhaar Mandatory for PAN application Form from July 1(29.06.2017)

Income Tax Amendment Rules [Income Tax (17th Amendment) Rules, 2017] which makes quoting Aadhaar mandatory for PAN Application from July-1, has been n.....

Tags : Income Tax Amendment Rules, Aadhaar, PAN

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Supreme Court Directs Shifting of Siddique Kappan from Mathura Jail to Delhi for Treatment(28.04.2021)

Supreme Court has directed that Kerala journalist Siddiqque Kappan be shifted from Mathura Jail in Uttar Pradesh to a government hospital in Delhi for.....

Tags : Supreme Court, Siddique Kappan

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Ministry of Corporate Affairs Extends Period for Holding Meetings of Board of Companies(04.05.2021)

Ministry of Corporate Affairs has notified that the requirement of holding meetings of the Board of the companies as per section 173 of the Companies .....

Tags : Ministry of Corporate Affairs, Meetings of Board of Companies

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NCLT Kochi Allows Promoter of Corporate Debtor MSME to File Resolution Plan in Individual Capacity(07.05.2021)

National Company Law Tribunal, Kochi has held that the promoter of an MSME can submit a Resolution Plan Application in his individual capacity, and th.....

Tags : National Company Law Tribunal, Filing of Resolution Plan

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Consumer can't be Made to Suffer for Delay in Issuance of Occupancy Certificate: NCDRC(02.05.2019)

National Consumer Disputes Redressal Commission (NCDRC) has held that a consumer cannot be made to suffer for any delay in the issuance of Occupancy C.....

Tags : NCDRC, Occupancy Certificate

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Allahabad HC Directs Lucknow DM to File ATR If Private Hospitals Created Unnecessary Panic(10.05.2021)

Allahabad High Court has sought response from the Lucknow District Magistrate with respect to two private hospitals that claimed that several Covid-19.....

Tags : Allahabad High Court, Unnecessary Panic Due to Oxygen Shortage

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Karnataka HC Directs State to Consider Suggestions Made by Inquiry Panel on Oxygen Shortage(13.05.2021)

Karnataka High Court has directed the State Government to consider the suggestions made by the committee of Karnataka State Legal Service Authority, h.....

Tags : Karnataka High Court, Inquiry Panel on Oxygen Shortage

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Bombay HC Directs Expert Panel to Suggest Steps to Catch Learning Disability Early in Kids(04.09.2015)

Bombay HC has directed four-member expert committee comprising doctors, a special educator and a psychiatrist, to give presentation and suggestions on.....

Tags : Bombay HC ,Expert Panel

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Pansare-Dabholkar Murder Case: Bombay High Court Raps CBI For Not Taking Investigation Ahead(05.07.2019)

Bombay High Court has slammed investigating agencies for giving excuses and not taking the probe in the murder of activist Govind Pansare and rational.....

Tags : Pansare-Dabholkar Murder Case, Bombay High Court

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Supreme Court Convicts 12 for Murder of Former Gujarat Home Minister Haren Pandya in 2003(05.07.2019)

Supreme Court has convicted 12 accused in the March 2003 murder of former Gujarat Home Minister Haren Pandya. All have been sentenced to life term.

Tags : Supreme Court, Haren Pandya

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Union Budget, 2019 – AADHAAR and PAN to be Used Interchangeably(05.07.2019)

Union Finance Minister Nirmala Sitharaman has informed that now AADHAAR and PAN can be used interchangeably.

Tags : Union Budget 2019, AADHAAR, PAN

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Kerala HC: Section 164(2) Companies Act not Retrospective(21.06.2021)

Kerala High Court has dismissed a batch of petitions challenging the disqualification of around 250 Directors of Companies under Sections 164 and 167 .....

Tags : Kerala HC, Companies Act

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Delhi HC Directs Centre to Release 14 Crores to Panacea Biotech for Manufacturing Vaccine(07.06.2021)

Delhi High Court has directed the Centre to release an amount of Rs. 14 Crores along with the interest of 12% to Panacea Biotech for manufacturing Spu.....

Tags : Delhi High Court, Panacea Biotech, Manufacturing of Sputnik V Vaccine

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Karnataka HC Asks on Details of Health Policy in Plea Seeking Hospital Facility in Gram Panchayats(08.06.2021)

Karnataka High Court has asked the State government to submit details of its health policy, if any, as a litigant has sought a direction to the govern.....

Tags : Karnataka High Court, Hospital Facility in Gram Panchayats

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SC Directs State to Ensure No Break in Education of Children Orphaned by Pandemic(09.06.2021)

Supreme Court has directed State Governments and Union Territories to ensure that there is no break in the education of children who have become orpha.....

Tags : Supreme Court, No Break in Education of Children Orphaned by Pandemic

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Gujarat HC Directs SEC to Proceed with Taluka Panchayat Bye Election(19.07.2021)

Gujarat High Court has observed that an election candidate dying after the polls but before declaration of result will not be able to fill the seat an.....

Tags : Gujarat High Court, Taluka Panchayat Bye Election

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Punjab and Haryana High Court Pulls Up Panjab University for Wasting 4 BDS Seats(20.11.2015)

Punjab and Haryana High Court has pulled up Panjab University for not using technology to inform students about vacant seats in the BDS course, result.....

Tags : Punjab and Haryana High Court, Panjab University

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RBI Notifies P2P Lending Platforms as NBFCs(21.09.2017)

Reserve Bank of India has notified that Peer-to-Peer (P2P) lending platforms will fall under the ambit of a Non-Banking Financial Company (NBFC).

Tags : Reserve Bank of India, Non-Banking Financial Company

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NCLAT Grants Shareholding Waiver to Mistry(22.09.2017)

National Company Law Appellate Tribunal (NCLAT) has waived the minimum shareholding rule for Ousted Tata Sons chairman Cyrus Mistry to file a case of .....

Tags : National Company Law Appellate Tribunal

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Delhi High Court to Government: Formulate Training Module for Child Welfare panel(27.09.2017)

Delhi High Court has asked the Delhi Government to formulate a training module of functioning for the Child Welfare Committee jointly with the Delhi J.....

Tags : Delhi High Court, Child Welfare Panel

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NCLT Allows IL&FS to Sell 51% in Wind Units to Japanese Investor(29.08.2019)

National Company Law Tribunal (NCLT) has approved the sale of the wind energy assets of IL&FS to Japan’s Orix Corp, one of the original investors in t.....

Tags : NCLT, Japanese Investor

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Ministry of Consumer Affairs Issues Draft Rules for Regulation of Direct Selling Companies(05.07.2021)

Ministry of Consumer Affairs has issued draft rules for mandatory registration of direct selling companies such as Amway, Oriflame, Tupperware and sim.....

Tags : Ministry of Consumer Affairs, Direct Selling Companies

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Allahabad HC: Government Efforts to Subdue Pandemic Not Successful Unless Public Adheres to Norms(09.07.2021)

Allahabad High Court has observed that even though the Uttar Pradesh Government has taken satisfactory steps to enhance medical infrastructure in the .....

Tags : Allahabad High Court, Government Efforts to Subdue Pandemic

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Calcutta HC Quashes No Confidence Motion Against Nandigram Panchayat President(09.07.2021)

Calcutta High Court has quashed a 'no confidence' motion initiated against Pabitra Kar, President of Boyal-I, Gram Panchayat in the District of Purba .....

Tags : Calcutta High Court, No Confidence Motion Against Nandigram Panchayat President

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SC: Court Cannot Direct Continued Maintenance by Insurance Company of Prosthetic Limb(18.08.2021)

Supreme Court has observed that while determining compensation under the Motor Vehicle Act, 1988, a Court cannot direct the continued maintenance by I.....

Tags : Supreme Court, Continued Maintenance by Insurance Company of Prosthetic Limb

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Kerala High Court Permits Minor Girl to Accompany Her Father to Sabarimala Temple(18.08.2021)

Kerala High Court has passed an interim order permitting a 9-yr-old girl to accompany her father to the Sabarimala temple for darshan. The Court has c.....

Tags : Kerala High Court, Minor Girl to Accompany Her Father to Sabarimala Temple

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SC Dismisses Plea to Allow Warkaris to Perform Pilgrimage to Temple in Pandharpur(19.07.2021)

Supreme Court has dismissed the petition seeking directions to State of Maharashtra to grant permission to Warkaris of Sant Namdev Maharaj Sansthan an.....

Tags : Supreme Court, Pilgrimage to Temple in Pandharpur

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NCLAT Stays Vedanta Group’s Winning Bid for Videocon Industries(20.07.2021)

National Company Law Appellate Tribunal (NCLAT) has stayed Vedanta Group’s winning bid for debt-laden Videocon Industries after an appeal by dissentin.....

Tags : National Company Law Appellate Tribunal, Videocon Industries

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SC: Fact That Kirpan Can be Used as Weapon Does Not Ipso Facto Make it Weapon of Offence(09.08.2021)

Supreme Court has acquitted an accused of murder charge, observing that the fact that kirpan carried by members of a specific community as part of rel.....

Tags : Supreme Court, Kirpan

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Delhi Court Dismisses Plea Seeking NIA Probe into Origins of Covid 19 Pandemic(13.08.2021)

Delhi Court has dismissed the plea moved by Former Director General of Health Services and Padma Shree Awardee Dr. Jagdish Prasad seeking registration.....

Tags : Delhi Court, NIA Probe into Origins of Covid 19 Pandemic

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Companies Now to Pay Service Tax on Services Availed from Govt. from Next Fiscal Year(09.03.2016)

Govt. has notified provision making Indian companies to pay service tax on any service they avail from Government or local authority from the next fis.....

Tags : Govt., Indian companies , service tax

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Government set to settle retrospective tax disputes(21.03.2016)

The Government is set to approve a scheme allowing firms mired in retrospective-tax disputes to settle them after paying principal tax. The scheme is .....

Tags : Retrospective tax, companies, settlement

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Government set to settle retrospective tax disputes(21.03.2016)

The Government is set to approve a scheme allowing firms mired in retrospective-tax disputes to settle them after paying principal tax. The scheme is .....

Tags : Retrospective tax, companies, settlement

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Contempt of Court If Pandals Not Allowed for Fests: Bombay High Court(15.03.2018)

Bombay High Court has warned all major municipal corporations of issuing contempt of court if they fail to abide by the court's directions over granti.....

Tags : Bombay High Court, Pandals

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#Union Budget 2020-2021: New Power Generation Companies to be Taxed at 15%(01.02.2020)

Central Government with an aim to boost power generation capacity, has extended the new corporate tax regime for new manufacturing plants to new power.....

Tags : Union Budget 2020-2021, Power Generation Companies

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Ministry of Corporate Affairs Notifies Amendment to Companies Rules, 2020(05.02.2020)

Ministry of Corporate Affairs has notified an amendment to the Companies (Compromises, Arrangements and Amalgamations) Rules, 2020, adding a provision.....

Tags : Ministry of Corporate Affairs, Companies (Compromises, Arrangements and Amalgamations) Rules, 2020

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CBI Court, Panchkula Sentences Life Imprisonment to Accused in Ranjit Singh Murder Case(19.10.2021)

Central Bureau of Investigation Court, Panchkula has sentenced Dera Sacha Sauda chief Gurmeet Ram Rahim Singh and 4 others to life imprisonment in the.....

Tags : Central Bureau of India Court, Panchkula, Ranjit Singh Murder Case

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Singapore Arbitration Panel: Future Retail Must Take Part in Arbitration Over Dispute with Amazon(22.10.2021)

Singapore Arbitration Panel has ruled that Future Retail must take part in arbitration over a commercial dispute with Amazon.com Inc, rejecting the In.....

Tags : Singapore Arbitration Panel, Future Retail, Amazon

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Bombay High Court Suggests BMC to Invite Fresh Applications for Junior Panel Lawyers(28.01.2020)

Bombay High Court has asked the Brihanmumbai Municipal Corporation (BMC) to invite applications from lawyers interested in being empaneled on the Juni.....

Tags : Bombay High Court, Brihanmumbai Municipal Corporation, Fresh Applications for Junior Panel Lawyers

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National Company Law Tribunal Allows Videocon to Extend the Insolvency Process(29.01.2020)

National Company Law Tribunal has allowed Videocon to extend the corporate insolvency resolution process for 90 days.

Tags : National Company Law Appellate Tribunal, Videocon

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SC Upholds Manipur HC's Directions on Pandemic Management(07.09.2021)

Supreme Court has dismissed a special leave petition filed by the Manipur State Government challenging the High Court's order in which the Court had d.....

Tags : Supreme Court, Pandemic Management

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Karnataka HC Directs to Ensure Insurance Companies Transfer Unclaimed Policy Amounts(09.09.2021)

Karnataka High Court has directed the Insurance Regulatory and Development Authority (IRDA) to ensure that all insurance companies follow the master c.....

Tags : Karnataka High Court, Insurance Companies Transfer Unclaimed Policy Amounts

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SC: NCLAT Has No Jurisdiction to Condone Delay Exceeding 15 Days From Period Of 30 Days(15.09.2021)

Supreme Court observed that the National Company Law Appellate Tribunal (NCLAT) has no jurisdiction to condone the delay exceeding 15 days from the pe.....

Tags : Supreme Court, National Company Law Appellate Tribunal, Condonation of Delay

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NCLT Allows Initiation of Personal Insolvency Against Venugopal Dhoot(02.09.2021)

National Company Law Tribunal (NCLT), Mumbai has admitted a personal insolvency petition against Videocon promoter Venugopal Dhoot just a day after th.....

Tags : National Company Law Tribunal, Venugopal Dhoot

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SEBI Directs Investors to Link PAN with Aadhaar Before September 30(06.09.2021)

Securities Exchange Board of India (SEBI) has directed the investors to link PAN with Aadhaar before September 30th, 2021. As per Central Board of Dir.....

Tags : Securities Exchange Board of India, Link PAN with Aadhaar

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Calcutta High Court Stays West Bengal Panchayat Polls(13.04.2018)

Calcutta High Court has stalled the ongoing process of panchayat elections in West Bengal till further orders.

Tags : Calcutta High Court, Panchayat Polls

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NCLAT Seeks Clarity from Government and Agencies on JSW Steel Ltd Immunity(14.01.2020)

National Company Law Appellate Tribunal has directed the Enforcement Directorate and other investigative agencies to clarify whether JSW Steel Ltd wou.....

Tags : National Company Law Appellate Tribunal, JSW Steel Ltd., Immunity

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Supreme Court Allows Vedanta Limited to Bid for National Aluminium Company Limited’s Alumina Tenders(15.01.2020)

Supreme Court has allowed Vedanta Limited to bid for alumina tenders by National Aluminium Company Limited (NALCO). The Court said that Vedanta Limite.....

Tags : Supreme Court, Vedanta, National Aluminium Company Limited

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Madras HC Takes Suo Motu Case on Cartel of Doctors, Pharma Companies and Diagnostic Labs(15.01.2020)

Madras High Court has observed that the cartel of doctors, pharma companies and diagnostic laboratories are fleecing the patients by overpricing the d.....

Tags : Madras High Court, Cartel of Doctors, Pharma Companies, Diagnostic Laboratories

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Supreme Court Rejects Review Petitions of Telecom Companies(17.01.2020)

Supreme Court has dismissed the Review Petitions of Telecom companies on Adjusted Gross Revenue (AGR) payment order. The Companies would have to pay R.....

Tags : Supreme Court, Telecom Companies, Review Petition

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Honeypreet Played a Key Role in Panchkula Violence After Dera Chief's Conviction, Says Chargesheet(29.11.2017)

Honeypreet Played a Key Role in Panchkula Violence After Dera Chief's Conviction, Says Chargesheet

Tags : The chargesheet, accessed by CNN-News18, says Honeypreet played a major role before and during the riots that occurred in the aftermath of the verdict by a special CBI court in Panchkula on August 25, killing over 40 people.

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NCLAT Sets Aside Plea to Initiate Insolvency Proceedings Against Intex Technologies(30.10.2019)

National Company Law Appellate Tribunal (NCLAT) has dismissed a plea to initiate insolvency proceedings against smartphone and mobile accessories make.....

Tags : National Company Law Appellate Tribunal, Intex Technologies India Ltd.

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J&K HC: All Hindus Living in Kashmir Valley Cannot Claim Benefits Meant for Kashmiri Pandits(16.09.2021)

Jammu and Kashmir High Court has held that all Hindus residing in the Valley cannot be said to be a Kashmiri Pandit, thereby allowing them to avail th.....

Tags : Jammu and Kashmir High Court, Benefits Meant for Kashmiri Pandits

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SC: Mere Delay in Intimating Insurance Company of Occurrence of Theft Not Grounds to Deny Claim(20.09.2021)

Supreme Court has observed that mere delay in intimating the insurance company about the occurrence of the theft cannot be a ground to deny the insura.....

Tags : Supreme Court, Delay in Intimating Insurance Company

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NCLAT: 'Success Fees' is of Contingent and Speculative Nature; Not a Part of IBC(23.09.2021)

National Company Appellate Law Tribunal has held that 'success fees' which is more in the nature of contingency and speculative, is not a part of the .....

Tags : National Company Appellate Law Tribunal, Success Fees

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Orissa HC Dismisses Bail Plea of Advocate Debashis Panda(02.02.2016)

Orissa HC has dismissed anticipatory bail application of Advocate Debashis Panda, who was charged by CBI in June 2014 for his alleged commission of of.....

Tags : Orissa HC, Advocate Debashis Panda

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Supreme Court Says 'Make Law to Protect Those in Inter-Caste Marriages'(17.01.2018)

Supreme Court has said that it was "absolutely illegal" for anyone to attack couples marrying outside their caste and warned the government that if it.....

Tags : Supreme Court, Khap Panchayats

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Madras High Court Dismisses PIL Seeking 100% Occupancy in Cinema Theatres(09.11.2021)

Madras High Court has dismissed a public interest litigation petition which challenged the State government’s recent nod for 100% occupancy in cinema .....

Tags : Madras High Court, 100% Occupancy in Cinema Theatres

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Kerala HC Directs Government to Remove Discrepancy in Date and Venue of Vaccination Details(12.11.2021)

Kerala High Court has directed the government to remove the discrepancy in the date and venue of the petitioner's vaccination details on the CoWin por.....

Tags : Kerala High Court, Discrepancy in Date and Venue of Vaccination Details

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Delhi HC Upholds Vires Of Section 4(b) of Sick Industrial Companies (Special Provisions) Repeal Act(08.12.2017)

Delhi High Court has upheld the constitutional validity of Section 4(b) of the Sick Industrial Companies (Special Provisions) Repeal Act, 2003.

Tags : Delhi High Court , Company Law

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Top Court Affirms Conviction in 2003 Haren Pandya Murder Case(21.11.2019)

Top Court has affirmed conviction of 10 men in the March 2003 murder of former Gujarat Home Minister Haren Pandya. The Court has dismissed the review .....

Tags : Top Court, Haren Pandya

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SC Directs to Come Up with Scheme for Establishing Pan-India Community Kitchens(28.10.2021)

Supreme Court has directed the Central Government to come up with a scheme for establishing pan-India community kitchens, after interacting with the s.....

Tags : Supreme Court, Pan-India Community Kitchens

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National Company Law Tribunal Tells Jet Airways’ Lenders to Release Funds for Interim Finance(09.01.2020)

National Company Law Tribunal has directed Jet Airways’ lenders to release funds as per an earlier direction to meet the grounded airline’s interim fi.....

Tags : National Company Law Tribunal, Jet Airways

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Supreme Court Rejects Telecom Companies’ Plea to Hold Open- Court Hearing(09.01.2020)

Supreme Court has rejected the request of Bharti Airtel, Vodafone Idea, Tata Teleservices, Hughes Communications India and some state-run firms for an.....

Tags : Supreme Court, Telecom Companies

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National Company Law Tribunal, Hyderabad Orders Insolvency for Sri Yadadri Life Sciences(09.01.2020)

National Company Law Tribunal, Hyderabad bench has ordered the proceedings at Sri Yadadri Life Sciences for the alleged default in payments to Adroit .....

Tags : National Company Law Tribunal, Insolvecny

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NCLAT: Goods Lying in Customs Bonded Warehouses Can’t be Assets of Corporate Debtor(06.12.2021)

National Company Law Appellate Tribunal (NCLAT), New Delhi has held that goods lying in the Customs bonded warehouses cannot be considered assets of t.....

Tags : National Company Law Appellate Tribunal, Goods Lying in Customs Bonded Warehouses

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NCLT Allows to Replace BoI in NCLT Proceedings Against National Steel & Agro Industries Limited(27.01.2022)

National Company Law Tribunal (NCLT) has allowed an interlocutory application by JM Financial ARC Limited, a third party, to substitute Bank of India .....

Tags : National Company Law Tribunal, National Steel & Agro Industries Limited

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NCLT Kochi Allows Initiation of Insolvency Resolution Process Against Personal Guarantor(27.01.2022)

National Company Law Tribunal, Kochi has allowed initiation of Insolvency Resolution Process (IRP) against the Personal Guarantor, Mr. Shahdulla M.I. .....

Tags : National Company Law Tribunal, Insolvency Resolution Process Against Personal Guarantor

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NCLT Kochi Allows Initiation of Insolvency Resolution Process Against Personal Guarantor(27.01.2022)

National Company Law Tribunal, Kochi has allowed initiation of Insolvency Resolution Process (IRP) against the Personal Guarantor, Mr. Shahdulla M.I. .....

Tags : National Company Law Tribunal, Insolvency Resolution Process Against Personal Guarantor

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NCLT Kochi Allows Initiation of Insolvency Resolution Process Against Personal Guarantor(27.01.2022)

National Company Law Tribunal, Kochi has allowed initiation of Insolvency Resolution Process (IRP) against the Personal Guarantor, Mr. Shahdulla M.I. .....

Tags : National Company Law Tribunal, Insolvency Resolution Process Against Personal Guarantor

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Bombay HC Issues Notice on Plea for Restoration of Assault FIR Over Breach of Consent Terms(27.01.2022)

Bombay High Court has issued notice to actor Armaan Kohli on his ex-girlfriend's application to restore the case she filed against him in 2018 while a.....

Tags : National Company Law Tribunal, Insolvency Resolution Process Against Personal Guarantor

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Karnataka High Court Stays Retrospective Payment of Tax on Annuity to Infra Companies(27.12.2021)

Karnataka High Court has stayed proceedings initiated by the goods and services tax (GST) authorities seeking retrospective payment of tax on annuity .....

Tags : Karnataka High Court, Retrospective Payment of Tax on Annuity to Infra Companies

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NCLT, Hyderabad Initiates Corporate Insolvency Resolution Process Against Tata Projects Ltd(06.01.2022)

National Company Law Tribunal, Hyderabad has initiated Corporate Insolvency Resolution Process against Tata Projects Limited for its failure to pay ba.....

Tags : National Company Law Tribunal, Corporate Insolvency Resolution Process, Tata Projects Ltd

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NCLAT: Stage for Considering Default in Order at Time When Matter Taken Up u/s 100 IBC(07.01.2022)

National Company Law Appellate Tribunal has held that when an application is filed under Section 95 of the Insolvency and Bankruptcy Code, 2016, the A.....

Tags : National Company Law Appellate Tribunal, Stage for Considering Default in Order

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NCLAT Refuses to Grant Interim Relief to Amazon Against CCI Order Suspending Deal(14.01.2022)

National Company Law Appellate Tribunal has refused to grant interim relief to Amazon against its plea challenging the order of the Competition Commis.....

Tags : National Company Law Appellate Tribunal, Amazon

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NCLAT: Successful Bidder Cannot be Permitted to Wriggle Out of Bid Claiming Conditional Offer(17.01.2022)

National Company Law Appellate Tribunal has held that a Successful Bidder cannot wriggle out of the contractual obligations and withdraw the bid after.....

Tags : National Company Law Appellate Tribunal, Successful Bidder

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Kerala HC: Directors of Company Cannot be Implicated Without Specific Averments(17.01.2022)

Kerala High Court has ruled that Directors of a company cannot be implicated without specific averments indicating their role in the offence, particul.....

Tags : Kerala High Court, Directors of Company

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NCLT, Mumbai: Co-Operative Society Is Not a Corporate Person Under IBC(14.02.2022)

National Company Law Tribunal, Mumbai has dismissed an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Sangola T.....

Tags : National Company Law Tribunal, Co-Operative Society

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NCLAT, Delhi: Order of Mediation Along with Dishonoured Cheques Not Extension of Limitation(14.02.2022)

National Company Law Appellate Tribunal, Delhi has held that an order of mediation along with dishonoured cheques does not imply an extension of limi.....

Tags : National Company Law Appellate Tribunal, Extension of Limitation

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NCLT, Mumbai: Pre-requisite of Notice to Personal Guarantor Satisfied on Service as Per Form B(15.02.2022)

National Company Law Tribunal, Mumbai has admitted the application filed by the Union Bank of India/Financial Creditor under Section 95 of the Insolve.....

Tags : National Company Law Tribunal, Pre-requisite of Notice

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SC: Pharmaceutical Companies Gifting Freebies to Doctors is Prohibited by Law(23.02.2022)

Supreme Court held that pharmaceutical companies gifting freebies to doctors is prohibited by law and they cannot claim it as a deduction under Sectio.....

Tags : Supreme Court, Pharmaceutical Companies, Gifting Freebies to Doctors

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NCLT, Kochi: Entry in Balance Sheet Amounts to Acknowledgment of Liability(23.02.2022)

National Company Law Tribunal, Kochi has reiterated that acknowledgement of debt in the balance sheet of the Corporate Debtor comes within the meaning.....

Tags : National Company Law Tribunal, Entry in Balance Sheet

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ITAT, Chennai Allows Loss on Investment in Subsidiary Company as Business Loss(23.02.2022)

Income Tax Appellate Tribunal (ITAT), Chennai has allowed the loss on investment made in subsidiary company for increasing business expediency to be w.....

Tags : Income Tax Appellate Tribunal, Loss on Investment in Subsidiary Company

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Central Government Enforces Certain Provision of Companies Act, 2013, as on 9.09.2016(13.09.2016)

Centre has notified that provisions of section 227, clause (b) of sub-section (1) of section 242, clauses (c) and (g) of sub-section (2) of section 24.....

Tags : Central Government, Companies Act, 2013

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SEBI Relaxes Rule for Minimum 25% Public Stake in Listed Companies(15.05.2020)

Securities and Exchange Board of India (SEBI) has eased the 25% minimum public shareholding norm for listed companies in the wake of the Covid-19 outb.....

Tags : Securities and Exchange Board of India, Public Stake in Listed Companies

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NCLAT Bars Appointment of Retired Bank Official as Resolution Professional(25.05.2020)

National Companies Law Appellate Tribunal has upheld a bankruptcy tribunal order prohibiting appointment of a former employee of financial creditor as.....

Tags : National Companies Law Appellate Tribunal, Resolution Professional

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NCLT Orders Insolvency Proceedings Against Supertech in Rs. 432 Crore Default Case(28.03.2022)

National Company Law Tribunal (NCLT) has declared Real estate developer Supertech bankrupt by the. The Court has ordered initiation of insolvency proc.....

Tags : National Company Law Tribunal, Supertech

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NCLT, New Delhi: Proceedings u/s 95 IBC Shall Abate on Death of Personal Guarantor(11.03.2022)

National Company Law Tribunal, New Delhi has rejected an application filed by the Financial Creditor under Section 95 of the Insolvency and Bankruptcy.....

Tags : National Company Law Tribunal, Death of Personal Guarantor

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Allahabad HC: Director Not Involved in Day-to-Day Affairs of Company Cannot be Prosecuted(11.03.2022)

Allahabad High Court has held that a director, who is not involved in the day to day affairs of a company, cannot be prosecuted for the offence under .....

Tags : Allahabad High Court, Day-to-Day Affairs of Company

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NCLAT: Failure to Reply to Demand Notice Does Not Preclude Corporate Debtor from Raising Dispute(15.03.2022)

National Company Law Appellate Tribunal has held that the mere fact that the corporate debtor did not reply to the demand notice by the Operational Cr.....

Tags : National Company Law Appellate Tribunal, Failure to Reply to Demand Notice

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Allahabad High Court Seeks UP Govt's Counter Affidavit on Siddique Kappan Bail Plea(02.03.2022)

Allahabad High Court has sought the response of the Uttar Pradesh Government on the bail plea filed by Kerala journalist Siddique Kappan in connection.....

Tags : Allahabad High Court, Siddique Kappan

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NCLT, Mumbai: Retired Partner Cannot Initiate Resolution Proceedings to Claim Retirement Dues(02.03.2022)

National Company Law Tribunal, Mumbai has rejected the Section 9 application filed by the Operational Creditor on the ground that a retired partner ca.....

Tags : National Company Law Tribunal, Retired Partner. Retirement Dues

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NCLAT, Chennai: Suspended Board of Directors Do Not Have Powers to Appoint Resolution Professional(02.03.2022)

National Company Law Appellate Tribunal, Chennai has held that the suspended Board of Directors has no power under the Insolvency and Bankruptcy Code,.....

Tags : National Company Law Appellate Tribunal, Powers to Appoint Resolution Professional

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SC: Discrepancies Between FIR and Subsequent Statement Not Grounds for Discharge(07.02.2022)

Supreme Court observed that discrepancies between the FIR and any subsequent statement under Section 164 of the Code of Criminal Procedure, 1973 canno.....

Tags : Supreme Court, Discrepancies Between FIR and Subsequent Statement

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SC Warns BCCI over Improper Implementation of Lodha Panel Report(28.09.2016)

SC has warned Board of Control for Cricket in India (BCCI) for not complying with its directives on reforms in cricketing Body after Lodha Panel submi.....

Tags : SC, Lodha Panel

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NGT Directs Oil Companies to Install Vapour Recovery Systems at All Petrol Pumps(03.10.2018)

NGT has passed directions on a petition for implementation of necessary steps to control and stop the release of VOCs like benzene, toluene and xylene.....

Tags : NGT, Oil Companies

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Panchkula CBI Court Grants Regular Bail to Ram Rahim in Castration Case(05.10.2018)

Panchkula special CBI court has granted regular bail to Dera Sacha Sauda chief Gurmeet Ram Rahim Singh Insan in castration case.

Tags : Panchkula CBI Court, Ram Rahim

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#Major Changes Implementing From Today: Buying Television Sets Becomes Expensive(01.10.2020)

Open cell panels will attract 5% import duty from 1st October, 2020 with the Government saying that the one-year duty exemption expiring at the end of.....

Tags : Television Sets, Open Cell Panels, Import Duty

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Bombay High Court Orders Goa Panchayat Polls to be Held in 45 Days(01.07.2022)

Bombay High Court has reprimanded Goa government for postponing elections to 186 Panchayats in the State, noting that such defiance to comply with Con.....

Tags : Bombay High Court, Goa Government, Panchayat Polls

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SC Issues Notice on Plea for Evacuation of Man Stranded in Japan Due to COVID-19(09.04.2020)

Supreme Court has issued a notice in a Writ Petition seeking the immediate evacuation of a 58-year-old Indian citizen stranded in Tokyo, Japan due to .....

Tags : Supreme Court, Evacuation of Man Stranded in Japan

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Kerala HC: Development Permit Not Required for Residential Building in Small Plot(29.03.2022)

Kerala High Court has observed that a Panchayat cannot require an owner of a small parcel of land that has been subdivided from a larger plot to produ.....

Tags : Keywords- Kerala High Court, Development permit, Panchayat

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Chhattisgarh HC: Director Cannot Be Prosecuted u/s 138 of Negotiable Instruments Act(30.03.2022)

Chhattisgarh High Court has held that a director could not be charged under Section 138 of the Negotiable Instruments Act, 1881 without the company be.....

Tags : Chhattisgarh High Court, Section 138 of the Negotiable Instruments Act, Company

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ITAT, Delhi: Payment to Microsoft for Software Purchase Does Not Amount to Royalty(04.04.2022)

Income Tax Appellate Tribunal, Delhi has observed that the assesee, HP Services (Singapore) cannot be taxed for royalty as per the Indo-Singapore Doub.....

Tags : Income Tax Appellate Tribunal, HP Services, Indo-Singapore, Double Taxation Avoidance Agreement, Microsoft company

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Bombay HC: 7 Days Jail for Prison Superintendent for Denying Emergency Parole to Eligible Prisoners(04.04.2022)

Bombay High Court has observed the Superintendent of Central Prison guilty of contempt and punished him to seven days simple imprisonment for selectiv.....

Tags : Bombay High Court, Prison Superintendent, emergency parole, Covid pandemic

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President Gives Nod for Ordinance to Amend Companies Act(03.11.2018)

President Ramnath Kovind has given his assent to an ordinance promulgated by government in Companies Act that seeks to promote 'Ease of Doing Business.....

Tags : Company Law Ordinance

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Delhi High Court Grants Bail to 'Gun goon' Ashish Pandey(05.11.2018)

Delhi High Court has granted bail to 'Gun goon' Ashish Pandey who was arrested for brandishing gun in a hotel.

Tags : Delhi High Court, Ashish Pandey

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Defending a Maoist in Court Not a Crime: Madras High Court(05.11.2018)

Madras High Court has observed that appearing for a Maoist is not a crime and if a Maoist accused of an offence seeks the professional assistance of a.....

Tags : Delhi High Court, Ashish Pandey

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NCLT: Committee of Creditors Are Competent to Revise Approved Fees of Resolution Professional(09.05.2022)

National Company Law Appellate Tribunal has ruled that the Committee of Creditors is fully competent to revise its earlier approval of the fees of the.....

Tags : National Company Law Appellate Tribunal, Committee of Creditors, Resolution Professional

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SC Asks States to Ensure Children Attend School; Panel to Make Web Portal(10.05.2022)

Supreme Court has said that there is an obligation on all the states and Union Territories to ensure that children attend schools who had to drop out .....

Tags : Supreme Court , coronavirus pandemic, livelihood

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SC: NBFCs Cannot be Regulated by State Enactments(11.05.2022)

Supreme Court has ruled that state laws cannot govern Reserve Bank of India-regulated non-banking financial companies (NBFCs). The top court stated th.....

Tags : Supreme Court, Non-banking financial companies, Reserve Bank of India

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NCLT, Delhi: NCLT Empowered to Pierce Corporate Veil to Ascertain True Successful Bidder(11.05.2022)

National Company Law Tribunal, New Delhi has held that it has the power to pierce the corporate veil to establish the real successful bidder. The corp.....

Tags : National Company Law Tribunal, corporate personality, legitimate purposes

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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: 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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NCLAT Chennai: Corporate IRP Can be Resume on Failure of Settlement Agreement(02.05.2022)

National Company Law Appellate Tribunal, Chennai has observed that Corporate Insolvency Resolution Process can be revive/resume in case of failure of .....

Tags : National Company Law Appellate Tribunal, Corporate Insolvency Resolution Process

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Delhi HC Dismisses Tax Appeals Against Moser Baer in View of Liquidation Proceedings(12.04.2022)

Delhi High Court has dismissed the appeals against Moser Baer, filed by the income tax department in the light of the liquidation proceedings pending .....

Tags : Delhi High Court, Moser Baer, Liquidation Proceedings, income tax department, National Company Law Tribunal

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NCLT, Kolkata: IRP Cannot be Maintained Against Legal Heirs of Personal Guarantor(12.04.2022)

National Company Law Tribunal, Kolkata has held that insolvency resolution process cannot be maintained against the legal heirs of the personal guaran.....

Tags : National Company Law Tribunal, Insolvency Resolution Process, legal heirs, Personal Guarantor

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NCLAT: Resolution Professional Cannot Withhold Any Plan and Refuse to Submit Before CoC(12.04.2022)

National Company Law Appellate Tribunal, has observed that Resolution Professional of its own cannot withhold any plan and reject to submit the same b.....

Tags : National Company Law Appellate Tribunal, Resolution Professional, Committee of Creditors

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NCLAT: Mere Error of Address in Postal Receipt Does not Bely Sending of Notice(13.04.2022)

National Company Law Appellate Tribunal has observed that mere address error in Postal Receipt does not bely the sending of notice by Operational Cred.....

Tags : National Company Law Appellate Tribunal, Postal Receipt

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ITAT: Provision Mandating Furnishing of PAN With E-TDS has Overriding Effect(10.06.2022)

Income Tax Appellate Tribunal (ITAT), Visakhapatnam bench has held that the provision mandating furnishing of PAN with E-TDS has an overriding effect .....

Tags : ITAT, Income-Tax Act, PAN

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MP HC Denies Bail to Janpad Panchayat CEO for Allegedly Embezzling Funds Under Vivah Sahayata Yojna(13.06.2022)

Madhya Pradesh High Court has denied bail to the CEO of a Janpad Panchayat who allegedly embezzled money set out for the beneficiaries of the Vivah Sa.....

Tags : Madhya Pradesh High Court, Janpad Panchayat , White Collar Crime

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