Advocates Act: A practicing Chartered Accountant could not be enrolled as Member of Bar Council of Gujarat as an advocate under Rules of State Bar Council. Facts of the Case: a) Petitioner was a certified Chartered Accountant and was holding certificate of practice from the Institute of the Chartered Accountant of India. However, the petitioner […]

When contract between petitioner law graduate with a company was in nature of full time employment, such employment of petitioner was violative of requirement of rule 49 of Advocacy Act; Bar Councils had rightly refused to grant her enrolment and certificate to practice law Facts of the case: i. Petitioner was in her last year […]

The Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013 was notified on 23rd April, 2013 and rules were notified on 9th Dec, 2013. Applicability The Sexual Harassment laws apply to all Employers (viz. individuals, partnerships, LLPs or Companies) in India irrespective of the size, scale, nature of industry or location. What […]

Query A company, say B Ltd. is a first-time adopter of Ind AS from FY 2017-18. In April, 2015 it had taken a 10 year term loan. The processing of loan required upfront payment of loan processing fees which was duly paid. As per the terms of loan, it would be disbursed in 5 equal […]

The Bombay High Court recently ruled that the benefit of Section 16 of the Hindu Marriage Act is available to an illegitimate child, who is born to parents who have undergone the rituals/formalities of performance of marriage which may be void or voidable. Justice Mridula Bhatkar passed the judgment on June 7 after reserving it […]

Trustees of retirement fund body EPFO may approve a proposal tomorrow to reduce the mandatory contributions toward social security schemes run by it to 10 per cent for workers as well as employers. Presently, employees and employers contribute 12 per cent of basic wages each towards Employees Provident Fund Scheme (EPF), Employee Pension Scheme (EPS) […]

MCA has introduced Form STK-2 for the fast track closure of the Companies for the removal of name of company from registrar. Cash withdrawal from Bank does not attract 269SGT as per press release by CBDT. Quotation of Aadhar mandatory for the filing of ITR for AY 2017-18 for tax residents and non residents are […]

The Fundamental Rights in Part III of the Indian constitution acts as a guarantee that all Indian citizens can and will live their lives in peace as long as they live in Indian democracy. They include individual rights common to most liberal democracies, such as equality before the law, freedom of speech and expression, freedom […]

The water-sharing agreement was among Punjab, Haryana, Rajasthan, Himachal Pradesh, Delhi and Jammu and Kashmir.   BRIEF HISTORY OF CASE: Satluj Yamuna link is a canal that is built between river Sutlej and Yamuna to provide water for the farmers of Haryana from the Punjab side. It is about 122 km long and total length […]

This act is to amend the Benami Transactions (Prohibition) Act, 1988. In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints the 1st November, 2016 as the date on which the provisions of the said Code shall come […]