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Labour Laws
The Government of Tamil Nadu, vide G.O. (Ms.) No. 64 dated 18th June 2025, has notified a comprehensive Standard Operating Procedure (SOP) for the effective implementation of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, also known as the POSH Act. This move aligns with India’s obligations under the Convention on the Elimination of All Forms of Discrimination Against Women (CEDAW) and the constitutional guarantees of equality, dignity, and protection from sexual harassment
READ MORECorporate Laws
The Ministry of Finance (Department of Revenue), through Notification No. 67/2025 dated 20th June 2025, has exempted certain payments made to IFSC Units from Tax Deduction at Source (TDS) under specific provisions of the Income-tax Act, 1961, effective from 1st July 2025. This exemption is granted under the authority of Section 197A(1F), read with Section 80LA(1A) and (2) of the Act.
READ MOREIndustry Specific Laws
At its 92nd Meeting held on 24th April 2025, the Drugs Technical Advisory Board (DTAB) recommended a regulatory relaxation for medical device manufacturers regarding sterilization licensing requirements. As per the decision formally released via circular on 24th June 2025, manufacturers licensed under Form MD-3/4 or MD-9/10 are no longer required to obtain a separate loan license for sterilization, provided that the sterilization activity is carried out at a site already licensed under Form MD-3 or MD-9 for such sterilization processes.
READ MOREJudicial Insight
This case highlights the critical importance of procedural adherence in CIRP under IBC. The judgment may have chilling effects on investor confidence and raises concerns regarding the stability of concluded resolutions. It underscores the need for robust procedural checks and timely judicial review to prevent uncertainty in large-scale insolvency cases.
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