The Indian audit landscape is on the cusp of a significant regulatory shift. The recently proposed Corporate Laws (Amendment) Bill, 2026, currently under the scrutiny of a Joint Parliamentary Committee (JPC), signals a clear intent from the government to tighten …
In a significant ruling dated March 25, 2026, in case of M/s S. Chand and Company Pvt. Ltd. v. Employee xxx, the Delhi High Court provided much-needed clarity on the distinction between contractual breaches and defamation claims in employer-employee disputes. …
The National Company Law Tribunal (NCLT) Indore Bench recently delivered a significant ruling in the corporate insolvency resolution process (CIRP) of GEI Power Limited, reinforcing the strict eligibility criteria established under the Insolvency and Bankruptcy Code (IBC). The tribunal explicitly rejected an impleadment …
In a landmark ruling for private sector employment law, the Delhi High Court has reinforced the principle of contractual finality. The court held that an employee who accepts and encashes a cheque issued in lieu of a notice period effectively waives their …
In a significant judgment impacting public employment, particularly in disciplined forces such as police and paramilitary services, the Supreme Court of India has reaffirmed that mere acquittal in a criminal case—especially on the basis of “benefit of doubt”—does not automatically …
The Supreme Court of India recently delivered a landmark judgment in V. Ganesan v. State (2026), fundamentally refining how the law interprets the dishonour of a Post-Dated Cheque (PDC) in relation to the criminal charge of cheating under Section 420 of the Indian Penal Code (IPC). This …
In a landmark judgment delivered on March 16, 2026, the Delhi High Court has significantly expanded the horizon for the Enforcement Directorate (ED) in its battle against money laundering. The Division Bench, comprising Justices C. Hari Shankar and Om Prakash Shukla, ruled that property …
In a landmark ruling, the Madras High Court has held that private hospitals cannot treat doctors like factory workmen by imposing restrictive non-compete and non-solicitation clauses in professional agreements. The Court emphasized that hospitals are service-oriented institutions and cannot function as profit-driven …
In a significant February 2026 judgment, the Kerala High Court reaffirmed a fundamental principle of employment law — no employer can compel an employee to remain in service once a valid resignation has been submitted in accordance with contractual terms. …
In a significant ruling dated February 18, 2026, the Supreme Court of India reaffirmed that the National Company Law Tribunal (NCLT) has a strictly limited and summary role while deciding applications under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). The judgment restores clarity …
The National Company Law Appellate Tribunal (NCLAT), New Delhi, has upheld the rectification of the share register in a case where a Registrar and Transfer Agent (RTA) negligently issued a duplicate share certificate, leading to the wrongful transfer of shares …
The Delhi High Court is currently hearing a significant batch of writ petitions that raise an important legal question: Can professionals who are not enrolled advocates — such as Chartered Accountants (CAs), Company Secretaries (CSs), and Cost Accountants — appear and argue cases …
In a significant ruling on cheque bounce liability, the Kerala High Court has reaffirmed that a Managing Director who signs dishonoured cheques and manages the day-to-day affairs of a company can be held vicariously liable under Section 141 of the …
The protection afforded to workmen under the Industrial Disputes Act, 1947 cannot be diluted by adopting artificial modes of employment. In a significant ruling, the Orissa High Court held that where a workman had completed 240 days of continuous service, …
The Jharkhand High Court, in State of Jharkhand v. Joy Kumar Mahto (since deceased), has reiterated the principle that an employee who voluntarily opts for the Employees’ Provident Fund (EPF) scheme, accepts all terminal benefits thereunder, and remains silent for a …
The Delhi High Court has reaffirmed the settled legal position that a Non-Executive Director cannot be held vicariously liable for offences committed by a company under Section 138 of the Negotiable Instruments Act, 1881, unless the complaint specifically discloses their role in the …
In a significant ruling clarifying the law on limitation under the Negotiable Instruments Act, 1881, the Supreme Court has held that a Magistrate cannot take cognizance of a cheque dishonour complaint under Section 138 if it is filed beyond the …
The Bombay High Court has reaffirmed the principle of equal pay for equal work by holding that contract workers performing the same or similar duties as regular employees are entitled to parity in wages and service conditions. The Court upheld the jurisdiction …
In a significant ruling reinforcing the principle of employee welfare, the Jharkhand High Court has held that an employee appointed prior to 1 January 1986 would be deemed to have shifted from the CPF (Contributory Provident Fund) Scheme to the …
Nearly nine years after the 2016 demonetisation exercise, the Rajasthan High Court has firmly refused to allow the exchange or deposit of old ₹500 and ₹1,000 currency notes, declaring them completely valueless. The ruling came in connection with petitions involving demonetised currency worth ₹3.5 crore held …