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 …
In a landmark judgment delivered in December 2025, a Division Bench of the Delhi High Court comprising Justice C. Hari Shankar and Justice Om Prakash Shukla held that the termination of an HIV-positive employee without complying with the safeguards under the Human Immunodeficiency Virus …
In a significant ruling strengthening patient rights, the Ghaziabad District Consumer Commission held that an insurance company cannot substitute its own judgment for that of qualified medical professionals while deciding health insurance claims. The Commission ruled against Star Health and …
The Bombay High Court, in a significant ruling, has reaffirmed the protective and welfare-oriented nature of the Maternity Benefit Act, 1961 by holding that technical breaks in service cannot be used as a ground to deny maternity leave benefits to temporary …
The Supreme Court has once again reinforced the protective intent of pension laws by holding that service rendered on a contractual basis prior to regularisation cannot be excluded for pensionary benefits. In this significant ruling, the Court clarified the scope of Rule …
The National Company Law Tribunal (NCLT), Kochi Bench, in Kerala Financial Corporation v. Dr. Bharath Chandran & Dr. Ashalatha Nair (Order dated 03 September 2025), held that the timeline prescribed under Section 121(2) of the Insolvency and Bankruptcy Code (IBC), 2016, for filing …
The Supreme Court of India, in the landmark judgment Preetha Krishnan & Others v. United India Insurance Co. Ltd. & Others [2025 LiveLaw (SC) 1073], has categorically prohibited the use of the “split multiplier” method in the computation of compensation …
In a significant judgment impacting the digital privacy and competition landscape, the National Company Law Appellate Tribunal (NCLAT) has partly upheld the Competition Commission of India’s (CCI) findings against WhatsApp, while setting aside the ban that prohibited the platform from sharing user data with …
The Institute of Chartered Accountants of India (ICAI) is once again set to lock horns with the National Financial Reporting Authority (NFRA) — this time over the contentious revision of Standard on Auditing (SA) 600, which governs how group audits are …
In a significant move towards enhancing India’s business environment, the government is preparing to amend the Companies Act during the upcoming Winter Session of Parliament. The proposed changes aim to make corporate operations more seamless, digital, and globally competitive — aligning India’s regulatory …