Key changes and implications, ET LegalWorld
The Security Exchange Board of India has decided to defer the Environmental, Social, and Governance (ESG) disclosure deadline for value chain partners of listed companies by one year until FY26. This will give a relaxation period for the businesses to comply with the Business Responsibility and Sustainability Reporting (BRSR) requirements ensuring balancing the ease of […]
Impacts and implications, ET LegalWorld
Highlights The Group of Ministers has proposed increasing the Goods and Services Tax on aerated drinks, cigarettes, and tobacco to 35%, which aims to compensate for losses incurred from rate cuts on other commonly used items. The inclusion of petroleum products under the Goods and Services Tax framework has been deferred due to concerns over […]
Implications for corporate insolvency resolution, ET LegalWorld
The Supreme Court has held that any delay in arriving at the conclusion that the company is to be liquidated is detrimental to a Company, especially when the Company has long awaited timely and positive action from the successful resolution applicant as regards the implementation of the approved resolution plan. The court added that liquidation […]
Legal Experts weigh in on potential implications CCPA’s Show Cause Notice to Ola Electric, ET LegalWorld
On October 7, the Ola Electric Mobility Limited has received Show Cause Notice from the Central Consumer Protection Authority. The Show Cause Notice has been issued by Central Consumer Protection Authority for alleged violation of consumer rights, misleading advertisement and unfair trade practices. “From the consumer protection perspective, a show cause notice is usually issued […]