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Understanding Anti-Dilution Rights: Types, Significance, and Exemptions
1. Brief OverviewAnti-dilution rights are essential for protecting early investors' stakes against dilution when additional shares are issued at a lower price. These provisions, commonly found in conv...
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Draft amendments to CCI (General) Regulations, 2009
BACKGROUND NOTE: DRAFT AMENDMENTS TO THE COMPETITION COMMISSION OF INDIA (GENERAL) REGULATIONS, 2009 1. The Competition Act, 2002 (the ‘Act’) aims to prevent practices having an adverse effect on comp...
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IBBI Guidelines 2024: Interim Resolution, Liquidation and Bankruptcy Trustees
The Insolvency and Bankruptcy Board of India has issued guidelines on June 05, 2024, for recommending Insolvency Professionals (IPs) to act as Interim Resolution Professionals, Liquidators, Resolution...
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CPIO is not bound to provide any advice/guidance or opinion to Appellant
In the realm of Right to Information (RTI) Act, a recent appeal challenges the boundaries of information access. The appellant contests the response to their RTI application, seeking clarity on the fa...
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BCI Notice: Law Colleges Prohibited from Admissions for Academic Year 2024-2025 & Beyond
The Bar Council of India (BCI), the apex regulatory body for legal education and the legal profession in India, has issued a crucial public notice concerning the admission policies for the academic ye...
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12 Unicorns, over 125 startups commit to onboarding ONDC
Introduction: The Department for Promotion of Industry and Internal Trade (DPIIT) recently organized the ‘ONDC Startup Mahotsav’, a groundbreaking event aimed at fostering collaboration between startu...
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Alert against incidents of ‘Blackmail’ and ‘Digital Arrest’ by Cyber Criminals
In recent times, there has been a surge in fraudulent activities perpetrated by cyber criminals who masquerade as representatives of various law enforcement agencies such as the State/UT Police, Narco...
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EPFO introduces Auto claim settlement for Education, marriage & housing
The Employee Provident Fund Organization (EPFO) has taken significant strides in enhancing the ease of living for its millions of members by introducing innovative measures to expedite claim settlemen...
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Discussion paper on Strengthening process of issuance of record of default by Information Utility
The Insolvency and Bankruptcy Code, 2016 (IBC) revolutionized India’s insolvency landscape. However, the process heavily relies on the accuracy and timeliness of information provided by Information Ut...
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Notice inviting comments, by MCA, on review of rules prescribed under IBC 2016
The Ministry of Corporate Affairs (MCA) has initiated a significant step toward enhancing the regulatory framework under the Insolvency and Bankruptcy Code, 2016 (IBC). With the aim of ensuring robust...
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Ayushman Bharat Health Account (ABHA) – Frequently Asked Questions
The Ayushman Bharat Health Account (ABHA) is a revolutionary initiative aimed at digitizing healthcare records in India. This article provides an in-depth ex-ploration of ABHA, addressing frequently a...
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Animal Husbandry Infrastructure Development Fund Guidelines
Circulation of Amended Implementation Guidelines for Animal Husbandry Infrastructure Development Fund (AHIDF) Animal Husbandry Infrastructure Development Fund (AHIDF), Central Sector Scheme under the...
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All About Society Registration in India.
All About Society Registration in India1. Introduction: A society, in simple terms, is a group of people who engage in continuous social interactions and share a common social or spatial territory. So...
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Supreme Court Allows Companies to File Consumer Complaints under the Consumer Protection Act, 1986
1. IntroductionIn a landmark judgment, the Supreme Court of India has ruled that a corporate entity or company can be considered a 'person' under the Consumer Protection Act, 1986, and is therefore el...
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One Lakh Patents Granted: Patent Rules 2024 Simplifies Process
Introduction: The Ministry of Commerce & Industry has recently made a significant announcement, indicating a remarkable surge in patents granted, alongside noteworthy developments in Geographical Indi...
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MCA seeks feedback on Digital Competition Law Report and Draft Bill
MCA invites public comments on Report of Committee on Digital Competition Law and Draft Bill on Digital Competition Law The Ministry of Corporate Affairs (MCA) had constituted Committee on Digital Com...
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Cabinet approves Uttar Poorva Transformative Industrialization Scheme, 2024
Introduction: The Ministry of Commerce and Industry unveils a groundbreaking initiative, the Uttar Poorva Transformative Industrialization Scheme, 2024 (UNNATI – 2024). Approved by the Cabinet, this 1...
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Registrations of Micro Enterprises on Udyam Assist Platform cross 1.50 crore
The Ministry of Micro, Small & Medium Enterprises (MSME) has witnessed a significant milestone with the Udyam Assist Platform crossing the registration mark of 1.50 crore Informal Micro Enterprises (I...
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Arbitrary issue of GST Show Cause Notices for 2017-18 & 2018-19: STBA
Members of the Sales Tax Bar Association (STBA) took to the streets today, staging a demonstration in front of the office of the Principal Commissioner, State Tax / T & T, Delhi. The protest aimed to...
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SC Protects Ex-Directors: No Automatic Liability for Company's Dishonoured Cheques
HighlightsThe Supreme Court ruled that a company director cannot be held liable for dishonoured cheques issued after their resignation unless there's specific evidence of wrongdoing.Emphasized the imp...