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Jun 15, 20238 min read
Restoration of Property attached or confiscated under PMLA: An Overview
The article presents a comprehensive overview of the provisions and procedures pertaining to the restoration of properties that have been...
Jun 3, 20233 min read
SC Clarifies: Once NCLT is Satisfied of Default, Application Under Section 7 of IBC Must be Admitted
[SC] Once the NCLT is satisfied that there is a debt which is in default of payment, an application under section 7 of the IBC should be...
May 27, 20232 min read
Stockbrokers Prohibited from Obtaining Bank Guarantees Based on Clients’ Funds
In recent regulatory developments, there has been a significant change regarding the practices of stockbrokers and their interaction with...
May 25, 20234 min read
Upholding Accountability in Auditing: SC's Ruling on UOI v. Deloitte Haskins and Sells LLP
In Union of India v. Deloitte Haskins and Sells LLP [ i ] , the Hon’ble Supreme Court of India found Deloitte Haskins and Sells LLP...
May 23, 20233 min read
Allahabad HC: No vicarious liability of directors under IPC
No vicarious liability of directors under IPC; Court directs the accused to file discharge application before the Trial Court The Lucknow...
May 10, 20233 min read
Vivad se Vishwas Scheme for MSMEs notified
The Covid-19 pandemic had a devastating impact on every sector in India. While the large industries/enterprises were able to cope up with...
Mar 23, 20233 min read
CBDT Notifies New Consequences for Inoperative PAN
The Income-tax (Fourth Amendment) Rules, 2023 - Amendment in Rule 114AAA Notification G.S.R. 227(E) [No. 15/2023/F.NO....
Mar 15, 20234 min read
Charitable Trusts: New Audit Report Format for Greater Transparency and Compliance
Introduction: The Central Board of Direct Taxes (CBDT) recently issued notification No. 07/2023, dated 21.02.2023, introducing...
Jan 31, 202312 min read
Merchanting Trade in India
Merchanting trade, more popularly known as 'intermediary trade', is a common trading model yet becoming increasingly difficult for...
Nov 18, 202210 min read
Attorney Client Privilege in India
Privileged communications between lawyers and clients are protected under evidence law so that the profession can be freely carried out.
Sep 30, 20229 min read
Retraction of Statements: An In-depth Analysis
Statements recorded by investigation agencies are often sought to be retracted - this article examines the legal implications involved.
Sep 29, 20229 min read
Maintenance of records: An analysis of various laws
An analysis of provisions of various laws regarding the maintenance of records by various persons and the consequences of non-maintenance.
Sep 23, 20223 min read
[Gujarat HC] Natural Justice Principles Not Applicable in CCI’s Preliminary Investigations
Introduction The Gujarat High Court delivered a judgment on 09.09.2022 in the case of M/s Shree Shivam Corporation through its Sole...
Sep 15, 20215 min read
Why is the Enforcement Directorate so much in the news lately?
The Enforcement Directorate has been in the news increasingly for good and bad reasons. Let us explore the reasons why it is so.