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HISTORY

Company Law Institute of India (CLI) was established by Shri A.N. Aiyar in 1931 in Madras. It is a closely held private limited company located at 36, Vaidyaraman Road, T. Nagar, Madras 600 017, Tamil Nadu, INDIA. Prior to founding Company Law Institute of India, Shri A.N. Aiyar was an associate editor of Indian Cases, India's premier law reporter from 1926, and rose to become its Chief Editor. In 1931 Shri A.N. Aiyar launched a fortnightly report dedicated to Company law, Banking and Insurance called Company Cases (CC) which gives CLI its name and soon became the most referred to journal of its class. In 1933, Shri A.N. Aiyar launched the Income tax Reports (ITR) to serve the cause of tax administrators, taxpayers, lawyers and chartered accountants in the field of direct tax law. A few years later, Indian Cases wound up - perhaps a testimony to Shri A.N. Aiyar's contribution. In 1939 ITR was recognized by the Income Tax Department as its authorised journal and has ever since earned a reputation of being the most authentic, accurate, lucid and the most easily accessible source of law reports. Shri A.N. Aiyar became a Senior Advocate of the then Federal Court of India in 1938. He then started the Federal Law Journal which was later handed over to the Madras Law Journal when he was invited to take up the assignment of editor of the Federal Court Reports, the official law reports of the Federal Court of India. In 1950 with the founding of the Supreme Court of India, he continued as the editor of the Supreme Court Reports. In 1946 Shri A.N. Aiyar launched the Sales Tax Cases (STC) which, true to the tradition of his other journals became the leading journal on sales tax. This is now being run by a sister concern, Commercial Laws of India. Another journal, which is currently being handled by a sister concern, Laws of India, is Factories Journal Reports (FJR), dedicated to cases in labour law. One well wisher wrote to us that 'ITR headnotes are currency notes'. In fact many judges quoted from ITR's headnotes rather than the judgment. Although competition surfaced in the 1970's ITR is still regarded as the final authoritative word by advocates and judges so much so that a reference to any tax case holds importance only when it is an ITR reference. Shri A.N. Aiyar believed in placing quality above everything else. Eagle-eyed that he was, he was meticulous even about minor "slips" and on one occasion scrapped an entire print run when the name of a case was misprinted as Style's instead of Styles'. He laid down methodical standards of summarizing, paraphrasing, indexing – he introduced a conceptually new analytical form of indexing, footnoting, cross-referencing which is being followed to this day and has helped the company convert their past publications into SGML standards without much effort. The measure of esteem in which our journals are held by the department and an attestation of our editors expertise can be seen from the fact that the Parliament has, on more than one occasion, effected amendments to the provisions of the Income Tax Act and Wealth Tax Act, on the basis of comments published in ITR. The High Court also saw reason to call for its judgment and order a rehearing for a review upon a discrepancy pointed out by our editors. In 1976 Shri A.N. Aiyar breathed his last, but not before ensuring that his unflinching devotion to work and fervor for neat execution, accuracy and reliability of a very high order, which were attained by him, by dint of hard work, was thoroughly imparted to the editorial staff to continue in his footsteps.

HISTORY

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