Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
Income-tax exemption for specified regulatory fees and government grants applies subject to non-commercial activity and continuing compliance conditio...
Digital accessibility audit and remediation deadlines extended, while all other disability-compliance obligations for regulated entities remain unchan...
Unadjudicated assertions in pleadings filed before the Supreme Court do not establish the legal correctness of those assertions or bind other courts on the statute governing a company. The Court-of-Record status under Article 129 confirms the record of what was asserted, while binding force under Article 141 arises only from law declared by the Supreme Court. The applicable company-law regime must be determined from the statutory framework and the company's objects, activities and operational circumstances. The notes also explain that mandamus ordinarily requires a prior distinct demand to the statutory authority and its refusal or neglect; without those prerequisites, mandamus cannot issue.
Unadjudicated assertions in pleadings filed before the Supreme Court do not establish the legal correctness of those assertions or bind other courts on the statute governing a company. The Court-of-Record status under Article 129 confirms the record of what was asserted, while binding force under Article 141 arises only from law declared by the Supreme Court. The applicable company-law regime must be determined from the statutory framework and the company's objects, activities and operational circumstances. The notes also explain that mandamus ordinarily requires a prior distinct demand to the statutory authority and its refusal or neglect; without those prerequisites, mandamus cannot issue.
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