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(2025) TaxCorp(CL) 30588 (GUJARAT)
Editor's Choice
10 Jun 2025
(2025) TaxCorp(CL) 30588 (GUJARAT)
GUJARAT
Parties: Nachiketa Kantibhai Patel v. Kantibhai Ishwarbhai Patel
Gujarat High Court Rules: No Automatic Right of Grandson in Grandfather’s Property Inherited After 1956; Partition Claims Limited to Valid Coparcenary Property - The Gujarat High C...
(2025) TaxCorp(CL) 30587 (NCLT)
Editor's Choice
11 Feb 2025
(2025) TaxCorp(CL) 30587 (NCLT)
NCLT
Parties: B.S. Ramgopal v. Quad Tooling Technologies (P.) Ltd.
Section 55 of the Companies Act, 2013 - NCLAT Confirms: Individual Preference Shareholder Cannot Enforce Redemption Rights Under Section 55(3) of Companies Act, 2013 - The NCLAT ca...
(2025) TaxCorp(CL) 30586 (BOMBAY)
Editor's Choice
16 Jun 2025
(2025) TaxCorp(CL) 30586 (BOMBAY)
BOMBAY
Parties: JYOTI C. RAHEJA AND OTHERS, HINDUJA REALTY VENTURES LTD. VERSUS AASIA PROPERTIES DEVELOPMENT LTD. AND OTHERS
Bombay High Court Upholds CLB’s Findings on Shareholder Rights and Board Representation: Aasia Properties Denied Nominee Director Post Amidst Dispute Over Share Transfer Dates and...
(2025) TaxCorp(CL) 30585 (NCLT)
Editor's Choice
10 Feb 2025
(2025) TaxCorp(CL) 30585 (NCLT)
NCLT
Parties: ANIRUDH KUMAR VERSUS HYDRAULICS & PNECUMATICS INDIA LLP & ORS.
NCLAT Upholds Eligibility Bar Under Section 43(3) of LLP Act, Yet Leaves Door Open for Suo Moto Action by NCLT - The NCLAT has reaffirmed the mandatory nature of the eligibility th...

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MCA Circulars
Recent Company Law Cases
K
(2025) TaxCorp(CL) 30584 (KERALA)
M/S PREMIER CABLE COMPANY LIMITED., ASIAN STEEL TRADERS VERSUS OFFICIAL LIQUIDATOR, UCO BANK, CHENNAI. UCO BANK, ERNAKULAM MAIN BRANCH.
02 May 2025

Kerala High Court Rules in Favour of Auction Buyer: Official Liquidator Liable for Material Misdescription Despite "As I...

Key Takeaway

The applicant was thus entitled to a refund of the amounts deposited towards the sale consideration..

B
(2025) TaxCorp(CL) 30583 (BOMBAY)
KALANI INDUSTRIES PRIVATE LIMITED AND OTHERS, SICOM LIMITED VERSUS THE OFFICIAL LIQUIDATOR, HIGH COURT BOMBAY AND OTHERS
09 Jun 2025

Bombay High Court Upholds Pre-Winding Up Call Option Enforcement, Validates Transfer of 2,34,000 Shares Despite Liquidat...

Key Takeaway

The transaction was found to be completed, irrevocable, and bona fide prior to the commencement of winding up proceedings, and thus, immune from being set aside by the Official Liquidator..

B
(2025) TaxCorp(CL) 30582 (BOMBAY)
KRANTIJYOTI SAVITRIBAI PHULE NIDHI LIMITED. VERSUS THE UNION OF INDIA, JOINT SECRETARY, MINISTRY OF CORPORATE AFFAIRS
11 Jun 2025

Bombay High Court Quashes Rejection of NDH-4 Form for Nidhi Company: Opportunity to Explain Must Precede Drastic Action...

Key Takeaway

Going forward, regulatory authorities must exercise their powers judiciously and in accordance with both the letter and spirit of the law..

NCL
(2025) TaxCorp(CL) 30581 (NCLT)
MRS. REKHA PRABHAHAR VERSUS M/S. ELV SUPPLY CHAIN SOLUTIONS & SERVICES PVT. LTD., MR. BALAJI SUBRAMANIAN AND MR. RAMESH KUMAR MALLELA, CHENNAI
30 Apr 2025

NCLAT Chennai Holds Challenge to Forensic Auditor’s Appointment Infructuous Where Audit Already Completed and Objection...

Key Takeaway

Accordingly, the Company Appeal was dismissed as having been rendered infructuous, with no further cause of action surviving regarding the impugned auditor’s appointment..

NCL
(2025) TaxCorp(CL) 30580 (NCLT)
SMT. DR. THOYAJAKSHI BAI SAKRANAIK VERSUS PATANJALI HOSPITALS PRIVATE LIMITED, DR. SATHYANARAYANA RAO MUKUNDA RAO KODAGANUR AND SMT. LATHA MUKUNDA RAO, CHITRADURGA
06 Jun 2025

NCLAT Chennai Upholds Denial of Interim Relief in Alleged Oppression and Mismanagement Due to Appellant’s Breach of Serv...

Key Takeaway

The appeal was consequently found to be misconceived and was dismissed..

FEMA Updates
A.P. (DIR Series) Circular No. 07
13 Jun 2025

Import of Shipping Vessel - Relaxation

NOTIFICATION No. S.O. 2549(E)
11 Jun 2025

Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2025

NOTIFICATION No. G.S.R. 342 (E)
26 May 2025

Foreign Contribution (Regulation) Amendment Rules, 2025

NOTIFICATION No. S.O. 2311(E)
23 May 2025

Amendment in Notification No. S.O. 372(E), dated the 5th February, 2016

A.P. (DIR Series) Circular No. 06
23 May 2025

Reporting on FIRMS portal – Issuance of Partly Paid Units by Investment Vehicles