Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
This article dives into the historical significance of the French language in the Berne Convention and its implications for international copyright law. It underscores the importance of understanding linguistic nuances in legal texts.
This article outlines the legal framework governing the buyback of shares, detailing procedural requirements, statutory compliances, and the conditions under which buybacks are permissible.
This article details conditions under which private companies may utilize MCA exemptions for borrowing, focusing on approval thresholds and scenarios requiring shareholder consent.
The article provides insights into the approval process required for related party transactions under the Companies Act and SEBI regulations, outlining a practical framework for compliance.
Recent NCLT decisions indicate that procedural rules should not impede the conversion of a share capital company into a guarantee company under Section 18, where substantive provisions permit such changes.
This article delves into the importance of founder agreements in venture-backed companies, focusing on equity allocation, management roles, and exit strategies. It emphasizes their critical role in reducing disputes and ensuring stable governance.
A recent discussion emphasizes the necessity for CA students to revisit their professional conduct code, not merely as a requirement but as a crucial aspect of their future professional integrity.
The NCLAT confirmed that the remuneration for Interim Resolution Professionals (IRP) should be based on actual work, rather than just the duration of appointment. This reinforces the importance of performance-based remuneration in insolvency proceedings.
The ITAT remanded a case back to the assessing officer for reassessment following the submission of new evidence regarding loan repayments, emphasizing the need for comprehensive examination of evidence.
The ITAT upheld a CIT(A) order to limit disallowances related to a specific bogus party, deleting cash deposit additions on double taxation grounds.
The ITAT has determined that interest under Section 264(C) should apply to return income rather than assessed income, providing clarity for taxpayers regarding the calculation of interest.
The Reserve Bank of India announces the auction of Government Treasury Bills, with details on amounts and auction dates.