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STATUTORY RESOLUTIONS
Platforms, IAMAI move Karnataka HC against gig workers welfare lawThe petitions come after the state government did not respond to IAMAI's request to defer the levy of the gig workers' welfare fee until th...
In a U-turn, Punjab govt notifies VB-G RAM G schemePunjab's AAP government has notified the Viksit Bharat Guarantee Rozgar and Ajeevika Mission Gramin (VB-G RAM G) scheme, effective July 1, ...
Family Trusts need a rethink: DPDP, PMLA rules collide with informal promoter structuresIndia's family businesses face a complex succession era due to evolving regulations and generational differences. Law firms like Veritas Le...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
Indian judiciary promotes mediation as robust dispute resolution mechanism: CJI Surya KantIndia's judiciary champions mediation as a strong way to resolve disputes. Chief Justice of India Surya Kant highlighted its importance and...
India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
Sebi mulls allowing InvITs to add major road expenses back into NDCF calculationThe proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) ...
NGT seeks response from Centre, states regarding heatwave conditions across countryThe National Green Tribunal has sought responses from the Centre and several states regarding extreme heat conditions across India. Citing ...
Govt notifies sports board, tribunal rules to overhaul governance and speed up disputesIndia's sports governance is set for a major overhaul. The Union government has notified new rules for a National Sports Board and a Nation...
Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore planAdani Group has made a significant payment of ₹6,000 crore to lenders of Jaiprakash Associates. This marks the first installment of a ₹14,5...
NCLAT says NCLT cannot directly order SFIO Probe; refers matter to CentreThe National Company Law Appellate Tribunal (NCLAT) has held that the National Company Law Tribunal (NCLT) could not directly order an inve...
Adani Enterprises resolves US Treasury sanctions case with $275 mln settlement after 'proactive' disclosure, cooperationAdani Enterprises has agreed to a $275 million settlement with the US Treasury. This resolves potential civil liability for 32 apparent vio...
Supreme Court urges truce in Kapur family trust feud, asks parties not to disrupt mediationThe Supreme Court has called for calm in the Kapur family trust dispute. The court urged Rani Kapur and Priya Kapur to avoid actions that c...
ATS Nobility Estates exits insolvencyThe National Company Law Tribunal has permitted the withdrawal of insolvency proceedings against ATS Group's Nobility Estates. This decisio...
Tata Trusts pushback board meet amid legal tussleTata Trusts have postponed crucial board meetings. The meetings were to discuss Tata Sons' potential public listing and board representatio...
Petition in High Court seeks stay on Tata Trusts meetingAhead of a critical Tata Trusts meeting scheduled for Friday, a petition has claimed that Sir Ratan Tata Trust violates a new Maharashtra l...
The IRS owes millions of Americans a COVID refund — here's how to claim what is rightfully yoursMillions may miss money tied to the IRS COVID Refund Deadline 2026 Claim, set for July 10, 2026. This is not routine tax news. It stems fro...
NCLT approves Rs 730 cr resolution plan for Rajesh Business & Leisure HotelsThe National Company Law Tribunal has approved a revival plan for Rajesh Business & Leisure Hotels. A consortium of Rare Asset Reconstructi...