It is a basic principle of law that no action shall be taken without providing a hearing to the affected party. This principle, called the law of natural justice, is "flexible" according... Read more »
The challenge for auditors is to ensure impairment charges are recorded in a timely manner, while for companies it is important to convey to stakeholders the reasons Read more »
The government introduced a new registration form INC-29 - which combined seven different forms into one - on May 1 this year as part of its effort to ease the process of... Read more »
Before launching an income tax search and seizure, it is not necessary for the authorities to allow the assessee to inspect documents to verify whether there is sufficient ground for... Read more »
RBI's move to empower banks to take charge of companies that default on loans could run into legal hurdles Read more »
This edition of the column is going to talk about a particularly problematic area of law and regulatory policy governing doing business in India.Unless there is a drastic change in political will... Read more »
A weekly selection of key court orders Read more »
The letter of the law currently favours celeb endorsers, unless the government decides to bring in stricter provisions to make them accountable for lapses in a product or service Read more »
Internal banking within a business group is a traditional and well-known practice recognised by law Read more »
When she applied for renewal of the registration, she was asked to submit a solvency certificate and a character certificate from the district magistrate Read more »