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PERSONAL LIABILITY CLAUSE
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniThe National Company Law Tribunal (NCLT) has admitted State Bank of India's plea to initiate personal insolvency proceedings against Anil A...- The world is becoming training data for AI, for which everyone is unprotectedPronto, a home services startup, is facing criticism for using body-camera footage from workers inside customers’ homes to train AI and rob...
- Top cases on the United States Supreme Court's docketThe U.S. Supreme Court is reviewing significant cases. These cases cover voting rights, presidential authority, immigration policies, and g...
- Hidden risks in mortgaged properties: Essential due diligence steps for safe buyingA Supreme Court ruling in 2025 favored a land buyer who was defrauded by a seller concealing an existing mortgage. The court affirmed that ...
- No campus housing? Key renting rules for Indian students in the USIndian students pursuing education in the US on F1, M1, or J1 visas often face challenges securing off-campus housing. Landlords typically ...
- Property or problem? The hidden legal traps haunting India’s property owners: Here’s how to navigateProperty ownership in India, once a symbol of security, now presents significant legal challenges due to unclear titles and disputes. Buyer...
- ‘Either-or-survivor’ clause lets the surviving joint account holder withdraw Fixed Deposit (FD) funds, but this does not make him or her the legal ownerJoint bank Fixed Deposit accounts often have an 'either or survivor' clause. This allows the surviving holder to access funds after the oth...
- Equity shares received by private trust for relatives’ benefit are exempt from income tax, ITAT Chennai rulesA private trust received shares worth Rs 15.78 crore from its creator for family benefit. The Income Tax Appellate Tribunal ruled this tran...
- India Inc awaits regulatory clarity on nuclear energy following notification of SHANTI ActFollowing the notification of SHANTI Act, India Inc is awaiting decisive government measures to liberalize the nuclear energy sector for pr...
- SHANTI BILL 2025: India's new nuclear doctrine-old acts repealed, doors open for private sector N fuel fabrication to fuel importThe upcoming session of Parliament is set to spotlight the SHANTI Bill, 2025, a paradigm-shifting legislation aimed at revitalizing the nuc...
- 'All services rendered by Airport Authority of India taxable': SC upholds service tax demandThe Supreme Court ruled all Airports Authority of India services are taxable. This includes export cargo handling. The court dismissed AAI'...
- Tariff Turbulence: The ripple effects of Trump's trade policies on Indian exportsThe US imposed tariffs on Indian imports, starting with 10% on April 5, 2025, escalating to 26% before a 90-day suspension on specific tari...
- Industry groupings seek withdrawal of personal liability provisionIAMAI said the personal liability clause for the chief compliance officer should be “replaced by an appropriate provision which is “proport...
- Covid vaccines: Indemnity Issue, here's everything to know about itIndian contract law defines indemnity as: “A contract by which one party promises to save the other from loss caused to him by the contract...
- Need to limit, streamline independent directors' liability: CII to govtThe government recently concluded the exercise of decriminalising the Companies Act, 2013. In this connection, CII has submitted a Paper to...
- LLP compliance set to get stricter as MCA applies sections of Companies Act to LLP ActA total of eight sections relating to the register of significant beneficial owners, disqualifications of directors, conduct of inquiries a...
- Legal experts point out liability concerns with the Aarogya Setu AppThe user "agrees that the Government will not be liable for…any unauthorized access to information.”
- APPENDIX 3: Contents of Memorandum of Association
- Yechury dismisses need for cap fixed in Nuclear Liability BillCommunist Party of India-Marxist (CPI-M) politburo member Sitaram Yechury has dismissed the need for cap fixed in the Nuclear Liability Bil...
- Supplier liability to save nuke billUnhappy about tampering with agreed draft, BJP says while clause 17 (b) gives protection to operators, word ‘and’ snatches it away
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