N/Acorporate
Reduced Penalty for Delayed MGT-14 Filing
ROC Pune has imposed reduced penalties on a start-up company due to delays in filing e-Form MGT-14, acknowledging its status under Section 446B as a small entity.
May 26, 2026Read more →
Court News
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
N/Acorporate
Compliance Challenges in Right Issue of Shares
This article discusses issues faced by companies in maintaining documentation for Right Issues after filing the PAS-3, underscoring the necessity for proper compliance documentation.
May 26, 2026Read more →
N/Acorporate
Optimal Board Composition for Indian Companies
Having a balanced board structure consisting of Executive, Non-Executive, and Independent Directors is crucial for effective governance and decision-making in Indian companies. This structure supports long-term success.
May 26, 2026Read more →
N/Acorporate
Essential Approvals for Related Party Transactions
Companies must adhere to strict compliance protocols related to approvals from Audit Committees, Boards, and shareholders for related party transactions. Increased scrutiny is mandated under SEBI regulations for listed entities.
May 26, 2026Read more →
Supreme Court of Indiacriminal
Supreme Court Receives Petition for CBI Probe into Fake Advocates
A petition has been filed in the Supreme Court requesting a CBI investigation into alleged fake advocates and the activities related to the 'Cockroach Janta Party'. This follows a growing concern about fraudulent legal practices.
May 25, 2026Read more →
Supreme Court of Indiaconstitutional
Supreme Court Rejects Plea About Punjab CM's Dog Elimination Statement
The Supreme Court dismissed a petition against Punjab CM Bhagwant Mann regarding his controversial remarks on stray dog elimination. The Court directed the petitioner to approach the Punjab and Haryana High Court for redress.
May 25, 2026Read more →
Supreme Court of Indiaconstitutionalcriminal
Supreme Court Denies Urgent Hearing for CBI Probe into Cockroach Janta Party
The Supreme Court has refused an urgent hearing for a petition seeking a CBI investigation into the Cockroach Janta Party, associated with a controversial remark by the Chief Justice. The Court reminded the petitioner not to take the matter sentimentally.
May 25, 2026Read more →
ITATtax
Bona Fide Mistake in Withdrawal of Appeal Does Not Defeat Vivad Se Vishwas Settlement
The ITAT ruled that a genuine mistake made in the withdrawal of an appeal does not undermine a settlement reached under the Direct Tax Vivad Se Vishwas Scheme, 2020, emphasizing the intent to resolve disputes.
May 25, 2026Read more →
ITATtax
One-to-One Correlation Between Purchases and Sales Bars Bogus Purchase Addition
The ITAT ruled that if a one-to-one correlation between purchases and corresponding sales is established, the purchases cannot be classified as bogus. This decision supports genuine business transactions.
May 25, 2026Read more →
ITATtax
ITAT: Bona Fide Mistake in Appeal Withdrawal Does Not Void Settlement
The ITAT has held that a bona fide mistake in filing a withdrawal of an appeal does not nullify a settlement reached under the Direct Tax Vivad Se Vishwas Scheme.
May 25, 2026Read more →
Calcutta High Courtinsurance
Calcutta HC Orders Enhanced Compensation from Bajaj Allianz for ITR Filed Prior to Death
The Calcutta High Court directed Bajaj Allianz General Insurance Co. to pay enhanced compensation, asserting that prior income tax returns filed validate earning capacity contrary to personal expenses deductions.
May 25, 2026Read more →
Supreme Court of Indiabanking
RBI Announces Treasury Bills Auction
The Reserve Bank of India has announced an auction of Government of India Treasury Bills set for May 2026, marking another opportunity for investors to participate in government financing.
May 25, 2026Read more →