We are pleased to share our thoughts on the recent CBDT order dated 13 March 2024, wherein blanket approval has been granted to successor companies to furnish the return of income with modified particulars for the relevant assessment year(s) in accordance with and limited to the order of business reorganization (amalgamation or demerger or merger) […]
In the April edition of our monthly newsletter “Legalaxy“, our team analyses some of the key developments in securities market, banking and finance, intellectual property rights, pharmaceuticals, information technology, heavy industries, insurance and environment. Below are the key highlights of the newsletter: SEBI relaxes additional disclosures by FPIs fulfilling certain objective criteria SEBI allows introduction […]
We are pleased to share with you a copy of our in-house publication – “TaxBuzz… Vaish in Courtroom”, wherein we have analysed the recent ruling of the Delhi High Court in a batch of matters titled Ojjus Medicare Pvt Ltd. The High Court in the said ruling, has delved into aspects relating to determination of […]
We are pleased to share our latest publication ‘Competition News Alert‘, on the Determination of Monetary Penalty Guidelines 2024, notified recently by the Competition Commission of India (CCI) on 6th March 2024. The Guidelines were much awaited and have brought in clarity and reduced elements of subjectivity in the discretion of the CCI in imposing […]
The National Company Law Appellate Tribunal (“NCLAT”), vide its order dated January 2, 2024, in the matter of Rajeev Kumar Jain v. Uno Minda Limited [2024 SCC OnLine NCLAT 28], has held that the definition of financial debt does not use the expression that disbursement should be made to the corporate debtor only. It further […]
The Delhi High Court, vide its judgement dated January 24, 2024, in the matter of Vingro Developers Private Limited v. Nitya Shree Developers Private Limited and Others [ARB.P. 667/2023], has held that directors of a company cannot be made a party to an arbitration proceeding which has been initiated against the company by the virtue […]
