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Corporate Law Judgements



SECTION 430 of the Companies Act, 2013- No civil court shall have jurisdiction to entertain any suit or proceeding in respect of any matter which the Tribunal or the Appellate Tribunal is empowered to determine by or under this Act or any other law f

Posted in Corporate Law |   394 Views



The non-compliances and irregularities or any illegal act already committed by the company cannot be ratified under the umbrella of "Scheme of Arrangements" as envisaged under Section 230-232 of the Companies Act, 2013.

Posted in Corporate Law |   180 Views



NCLAT observed from the documentary evidence on record that no 'Charge' has been registered under Section 77(1) of the Companies Act, 2013 and Appellant 'Claim' was notsupported by the provisions under Regulation 21 of Insolvency and Bankruptcy Board

Posted in Corporate Law |   203 Views



The Discretionary Power of Directors to refuse 'Transfer of Shares' is not to be resorted to in a deliberate or arbitrary fashion but in good faith. The Directors are to give due weightage to shareholder's right to transfer his share.

Posted in Corporate Law |   110 Views



Provisions of Section 245(4) & (6) nowhere confer power to reduce or waive statutory liability of payment of interest u/s 234A, 234B & 234D by the settlement commission.

Posted in Corporate Law |   410 Views



The Hon’ble Supreme Court ("the Supreme Court") in the case of Dy. Commissioner of Income Tax New Delhi v. M/s Mastech Technologies Pvt. Ltd. (Civil Appeal No. No. 8077 OF 2022) dated November 03, 2022held that in case of transfer of Assessing Office

Posted in Corporate Law |   176 Views



This is a landmark judgement of the Apex Court and the amendment in Hindu Succession Act,2005 ,which has changed family landscape of India. Earlier daughters have no right in the ancestral property of father and they are also no considered as coparce

Posted in Corporate Law |   110 Views



It was held by the Apex Court proceedings against a director of the company in contraventions of provisions of FERA,1973 will be commenced based on the finding that the role of the said directors at the time when offence had committed. The director w

Posted in Corporate Law |   200 Views



The Assessee also has the option of depositing this amount in Capital Gains Account Scheme as explained in Section 54 above, before the due date of furnishing the Income Tax Return.

Posted in Corporate Law |   833 Views



This appeal is against a judgment and order passed by the National Company Law Appellate Tribunal (NCLAT),whereby the learned Tribunal refused to stay the proceedings initiated by the Respondent, Axis Bank Limited against the Appellant for initiation

Posted in Corporate Law |   68 Views