Recently, the National Company Law Tribunal had admitted the application of the Industrial Development Bank of India (IDBI) to initiate insolvency proceedings against the developers, Jaypee Infratech Ltd for default on repayment of loans. As a result, a number of…
READ MOREThe corporate insolvency resolution provisions (CIRP) of the Insolvency and Bankruptcy Code (IBC) 2016 came into force on December 1, 2016. The Supreme Court has passed a detailed judgment when in the matter of M/s Innoventive Industries Ltd. vs….
READ MOREThe corporate insolvency resolution provisions (CIRP) of the Insolvency and Bankruptcy Code (IBC) 2016 came into force on December 1, 2016. The Supreme Court has passed a detailed judgment on 31st August 2017 in the matter of M/s Innoventive…
READ MOREThe Supreme Court has held that service details of employees fall within the ambit of ‘personal information’ under Section 8(1)(j) of the Right to Information (RTI) Act, and that such details cannot be furnished unless any connection with…
READ MOREThe corporate insolvency resolution provisions (CIRP) of the Insolvency and Bankruptcy Code (IBC) 2016 came into force on December 1, 2016. The Supreme Court has passed a detailed judgment in the matter of M/s Innoventive Industries Ltd. vs. ICICI…
READ MOREThe Government of India has linked the 12- digit unique identification number, i.e. Aadhaar to various centrally sponsored schemes including Pradhan Mantri Ujjwala Yojana (provision of free LPG connection to below poverty line people), Pradhan Mantri Jan Dhan…
READ MOREMr. Narendra Modi becomes the first Indian Prime Minister to visit Israel, after the end of three day visit in Israel, both the countries expressed interest in building a broad economic base, rather than merely a contractual exchange…
READ MOREThe Delhi High Court clarified that the Goods and Services Tax (GST) on all legal services provided by Lawyers or Law Firms would be paid on reverse charge basis by the client. Reverse Charge basis means that…
READ MOREIndia’s biggest tax reform since independence is expected to be positive for the fast-moving consumer goods (FMCG) companies and firms producing consumer durables. This historic tax reform will irrevocably impact consumers, traders, businesses as well as the revenue…
READ MOREThe Government of India has successfully implemented the long awaited Goods and Services Tax (GST) regime across the country on 1st July 2017. The GST is a comprehensive tax to be levied upon the manufacture, sale and consumption…
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