The Delhi High Court ruled that a pending Corporate Insolvency Resolution Process (CIRP) under the IBC cannot be used by an accused to demand documents from the CBI during investigation, dismissing a plea to use Section 91 CrPC to compel production of company records,...

Introduction: Context and Importance of Inventory Valuation Clarifications: • MCA (Ministry of Corporate Affairs) has issued requests for detailed guidance on inventory valuation and costing under Section 148(7) of the Companies Act, 2013. • This reflects growing...

Introduction: The Supreme Court’s Landmark Ruling • The Supreme Court recently upheld that if one House of Parliament rejects a motion to remove a judge, the other House may still independently initiate and proceed with an impeachment inquiry. • This ruling came in...

Fssai- Food Safety and Standards Authority of India—Statutory body What is FSSAI? FSSAI is a statutory body under the Ministry of Health & Family Welfare, established under the Food Safety and Standards Act, 2006. Its main objective is to ensure safe, wholesome, and...

The Institute of Chartered Accountants of India (ICAI) has officially introduced the Digital Practical Training Diary (e-Diary), making it mandatory for all CA students commencing their practical training (articleship) or industrial training on or after January 1,...

GSTN issued 4 advisories in Dec 2025 clarifying key GST compliances: non-editable Table 3.2 in GSTR-3B, auto-suspension for missing bank details, smarter credit note handling in IMS, and new validations for ITC/RCM ledgers As a measure for enhanced GST compliance,...