Courts can skip empty formalities: SC

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 »

Dealing with write-downs

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 »

Making company registration easy

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 »

IT raids: Assessee’s rights limited

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 »

Saving banks’ distressed assets

RBI's move to empower banks to take charge of companies that default on loans could run into legal hurdles Read more »

A questionable anti-corruption system

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 »

0fficial discretion must be used fairly

A weekly selection of key court orders Read more »

Making celeb endorsers liable

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 »

United Spirits Limited – a case of corporate governance failure?

Internal banking within a business group is a traditional and well-known practice recognised by law Read more »

Bizwoman freed from husband’s shadow

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 »
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