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In an important ruling on corporate governance, the Supreme Court has reiterated that a company cannot provide a loan to its director unless it is approved through a special resolution passed in a general meeting of
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The Karnataka High Court has upheld the Centre’s authority to issue a “Leave India Notice” to a foreign national who is found to be residing in India on an employment visa that was obtained by fraudulent
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The Telangana High Court has held that income from the sale of tissue-cultured plants qualifies as agricultural income and is therefore exempt from income tax under the provisions governing agricultural income, even though advanced scientific techniques
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The Gauhati High Court has clarified that an employer can still initiate disciplinary proceedings against an employee even after a conciliation settlement under the POSH (Sexual Harassment of Women at Workplace) Act. The Court explained that
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The Jammu & Kashmir and Ladakh High Court has held that deliberately signing a cheque with a signature that does not match the specimen — with the intent of preventing its encashment — can amount to
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The Supreme Court of India has ruled against Tiger Global in a long-running tax dispute arising from its 2018 sale of a Flipkart stake to Walmart, holding that the transaction was structured for tax avoidance and
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The Karnataka High Court has quashed a cheque dishonour complaint under Section 138 of the Negotiable Instruments Act against a man after referring to official records showing that he was not a director of the company
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