Tag: CorporateGovernance

Companies Must Now Report Late Payments to MSME Suppliers Under New Notification

Companies Must Now Report Late Payments to MSME Suppliers Under New Notification

Wednesday March 26, 2025. BY Rahul Sundaram | Civil

The Ministry of Micro, Small and Medium Enterprises (MSME) has issued a significant notification requiring certain companies to submit half-yearly returns regarding their payments to micro and small enterprise suppliers. Published in the Gazette of

Supreme Court Rules Non-Executive Directors Not Liable for Company's Dishonoured Cheques

Supreme Court Rules Non-Executive Directors Not Liable for Company’s Dishonoured Cheques

Wednesday March 5, 2025. BY Rahul Sundaram | Civil

Introduction The Supreme Court of India has delivered a landmark judgment in the case of K.S. Mehta vs. M/s Morgan Securities and Credits Pvt. Ltd., clarifying the extent of liability for non-executive directors under the

Jet Airways Insolvency Case and the Shortcomings of the IBC, 2016

Analysis of the Jet Airways Insolvency Case and the Shortcomings of the IBC, 2016

Wednesday December 11, 2024. BY Rahul Sundaram | Insolvency & Bankruptcy

The Jet Airways (India) Limited insolvency case has garnered significant attention as it highlights critical aspects of the Insolvency and Bankruptcy Code (IBC), 2016, and the challenges associated with corporate resolution processes in India. This