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Agency Won t Be Terminated Upon Death Of Principal If Agent Has Interest In Property Which Is Subject Matter Of Contract: Supreme Court

Agency Won t Be Terminated Upon Death Of Principal If Agent Has Interest In Property Which Is Subject Matter Of Contract: Supreme Court
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Supreme courtHigh courtIndian contract actSingle judgeIndian contract

Non-compete clauses: Unenforceable under law, but companies love them

While Indian law is clear on the unenforceability of a non-compete clause operating beyond the term of employment, companies still include it in contracts, particularly for senior executives, as its seen as a soft deterrent, said Jay Parikh, partner at Luthra and Luthra Law Offices. Employees would rather comply than bear litigation costs and carry the burden of being sued by their previous employer.

United statesUnited kingdomSangeeta guptaJatin dalalLinam khanAnandorup ghoseVikram singhAjay parikhUs federal trade commissionUniversity of western australiaKhaitan coNascent information technology employees senateOffering collegeIndian school of businessTrade commissionLuthra law

Payments By Supervisors To Individual Labourers, Each Not Exceeding Rs 20,000, Can t Be Disallowed: Calcutta High Court

The Calcutta High Court has held that payments by supervisors to individual labourers, each not exceeding Rs. 20,000, cannot be disallowed under Section 40A(3) of the Income Tax Act, 1961.The bench of.

West bengalJustice rajarshi bharadwajJustice surya prakash kesarwaniCalcutta high courtIncome tax actIncome tax rulesIndian contract actIndian contractFor appellant

Rahul Dilip Shah vs Catalyst Trusteeship Limited & Ors on 6 February, 2024

Rahul Dilip Shah vs Catalyst Trusteeship Limited & Ors on 6 February, 2024
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United statesMunawwar naseemRahul dilip shahAjoy khanderiaRahmat aliDinkar venkatasubramanian anrLallan prasadPrashant jainAmit agrawalVenkateswarlu kari anrVarun gargKriti bhardwajSana jainNamrata lahgadeRahul kukrejaPoojam saigal

Mint Explainer: What s behind the micro and small enterprises payment dilemma?

A rule change in the Income Tax Act, aimed at ensuring prompt payment to micro and small enterprises, has inadvertently led to widespread concern among businesses

Medium enterprises developmentIncome taxIndian contract actFinance billIndian contractMsme payment delaysSmall businessesIt actSmall and medium enterprises development actMicro and small enterprises