Modeling Contracts and Its Clauses

Modeling Contracts For the smooth functioning of each and every industry, contracts are a very integral part and fashion is not an exception. Modeling contract is what binds an individual person in the modeling industry to a client or company, and this comes with the usual terms and conditions necessary to remain under the contractual

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Supreme Court’s Enunciation of Insurance Law in India

[Kamakshi Puri is a final year student at Jindal Global Law School] In a series of cases last year, a Supreme Court bench comprising Justice Dhananjaya Chandrachud and Justice Hemant Mehta delivered judgments on important aspects of insurance law. Oriental Insurance Company v Mahindra Construction, Life Insurance Corporation of India v Manish Gupta and Reliance

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INDIAN FINANCE MINISTER ANNOUNCES CHANGES IN INSOLVENCY AND BANKRUPTCY CODE DUE TO CORONAVIRUS PANDEMIC

The Coronavirus has caused a global turmoil putting the economies of several countries in a crisis. Desperate times call for desperate measures, compelling the Finance Minister to take measures protecting the economy as best as it can. One of the #quickmeasures taken by the #FinanceMinister is to curtail small and medium enterprises going under due

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IBC Threshold Raised: Analysis and Implications

[Megha Mittal and Shreya Jain are Associates at Vinod Kothari & Co.] The seemingly low threshold of Rs. 1,00,000 for the initiation of insolvency proceedings has been a persistent concern given the possibility of its exploitation by frivolous actions. While rumours about raising the threshold limit for initiating insolvency process have long been swirling, the

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MINISTRY OF FINANCE ANNOUNCES POSTPONEMENT OF LAST DATE OF FILING INCOME TAX AND GST RETURNS FOR FY 18-19

The Union Minister for Finance and Corporate Affairs, Smt. Niramla Sitharaman announced several important relief measures in view of COVID-19 outbreak, especially on #statutoryandregulatorycompliance matters related to several sectors, on 24.03.2020. While addressing a press conference through video conferencing, Smt. Sitharaman announced the following #reliefmeasures in areas of Income Tax Act, 1961 (IT) and Goods

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J&K HC Dismisses PIL Against The Use Of Pellet Guns

      In a very significant development, the Jammu and Kashmir High Court in a latest, landmark and extremely laudable judgment titled J&K High Court Bar Association v. Union of India & ors. in WP(C) (PIL) no. 14/2016 reserved on February 10, 2020 and pronounced on March 11, 2020 dismissed a Public Interest Litigation (PIL) that sought

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