corporate law

Corporate Social Responsibility

Corporate social responsibility is a business model that is self-regulated and it holds the companies to be socially accountable to the stake holders and the public. There can be four business responsibilities. Environment efforts: A company can take efforts in making our surroundings better. It can con..

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CSR during times of COVID 19

Corporate Social Responsibility or CSR is mandated by the Section 135 read with Schedule VII of the Companies Act, 2013. It states that all companies, having net worth of 500 crore, or turnover of 1000 crore or more or a net profit of 500 crore or more during a financial year to constitute a Corporate Social Responsibility (CSR) Committee Board. The responsibilities..

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Arbitration Clauses against Public Policy are Unconscionable & Unenforceable

"Moral of the story is if we make 'Arbitration Clauses' sacred or unquestionable then in the disputes of strong and weak, justice may not win but stronger party would always win" – Hon'ble District Judge, Sh. L. K. Gaur The entire world is moving towards alternative di..

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Canada Court Gives Respite to Refugees Coming from the US

The Federal Court of Canada recently declared the Safe Third Party Agreement with the United States of America invalid. The judgement Canadian Council for Refugees v. Canada was given by single judge Justice Ann Marie McDonald July 22, 2020. It opines that the agreement violates the Canadian Charter as well as certain provisions of the Constitution of Canada. The ju..

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Facility to apply for Scheme Certificate under EPS, 1995 now available on UMANG application

EPFO services most accessed on UMANG App; of 47.3 crore hits clocked by the App since August 2019, 41.6 crore or 88% meant for EPFO services The Unified Mobile Application for New-age Governance (UMANG) has been a big hit among EPF subscribers enabling them to access services during COVID-19 pandemic from the c..

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Violation of provisions of Company Law by the Companies

The Ministry of Corporate Affairs (MCA) has information of the companies which have violated the provisions of Company Law. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in response to a written question in the Lok Sabha today. MCA either directly or through Regional D..

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Launch of virtual hearing in quasi-judicial cases under EPF & MP Act, 1952 heralds an era of providing expeditious and affordable adjudication

This is part of a series of initiatives taken by EPFO to improve the ease of doing business, a new facility for conducting virtual hearing in quasi-judicial cases by use of secure IT applications, which was launched by Sh. Santosh Kumar Gangwar,  Minister of State (I/C), Labour and Employment in 227th meeting of Central Board of Trustees, Employees' Provide..

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Maintenance Under CrPC - Explained Elaborately

MAINTAINENCE In general connotation, maintenance is the amount which is paid by one person to another in their relation who is not able to maintain themselves. The word &#39;maintenance&#39; is however not defined in Code of Criminal Procedure. Section 125 of CrPC</strong..

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More than 8 lakh net subscribers added during first quarter of FY 21 as per EPFO payroll data

The provisional payroll data published by EPFO on 20th August 2020 reveals that the subscriber base of EPFO increased by around 8.47 lakh members during the first quarter of FY21. The COVID-19 pandemic outbreak had adversely affected the enrolments in the month of April and May 2020. Despite the lockdown, around 0.20 lakh and 1.72 lakh net new subscribers were added..

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Admissibility Of Evidence Of Electronic Record In India

By a recent Judgement dated 14.07.2020, the Supreme Court of India while deciding Arjun PanditRao Khotkar[1] settled the law relating to admissibility of evidence of electronic records in legal proceedings. Above said judgment was delivered by a three-judge bench comprising of Hon&rsquo;ble Justices Mr R.F. Nariman, Mr S. Ravindra Bhatt and Mr V. Ramasubramanian JJ ..

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Case Laws pertaining to Lifting up of Corporate Veil Theory

Preamble:&nbsp; These case laws are related to the &ldquo;Concept of Lifting up of Corporate Veil&rdquo; in the context of Companies. Any concept can be understood in a better way with the help of citations. This Article is a compilation of case laws of the title subject for CA foundation students to help in their study of la..

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Insolvency and Bankruptcy Code Query Resolution WIth Adv. Anish Gupta

Synopsis This article explores a live query resolution session conducted by Ms. Dibsha Nanda, a content writer at LAWyersclubindia wherein,Adv. Anish Gupta, a legal practitioner having over 12 years of extensive experience in the field of corporate commercial litigation and domestic arbitration, with expertise in..

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MSME package under Atmanirbhar Abhiyan / Self-reliant India movement

QUESTIONS IN SEARCH OF ANSWERS. The Hon&#39;ble Prime Minister under his vision and call for ATMA NIRBHAR ABHIYAN / SELF RELIANT INDIA MOVEMENT based on the 5 pillars of ATMA NIRBHAR BHARAT being Economy, Infrastructure, System, Vibrant Demography and Demand has allotted Rs. 20 lakh crores equivalent to 10% of India&#39;s GDP as ..

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Are CDA Rules of 1978 are in contradiction to Section 4 of The Payment of Gratuity Act,1972?

The Supreme Court in a recent judgment namely Chairman cum Managing Director, Mahanadi Coalfields Limited V Sri Rabindranath Choubey Civil Appeal No. 9693&nbsp;OF&nbsp;2013delivered byHon&rsquo;ble Judge Arun Mishra and M.R. Shah on 27th May, 2020 overruled the decision in Jaswant Singh Gill V. Bharat Coking Coal Ltd.[1] The facts ..

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Recent development under IBC

Introduction Insolvency and Bankruptcy Code, 2016 is bankruptcy law in India that seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy.&nbsp;It is considered biggest insolvency reform. The main objective of the code is to protect the interest of creditors including stakeholders in..

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