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By Vinita Krishnan, Aditi Sharma, Kruthika Prakash
In the recent case of Domino Printing Science Plc., In Re (AAR 1290 of 2012 decided on 23 August 2019), the Authority for Advance Rulings, ruled that shareholders of a company are liable to capital gains tax ...
By Sanjay Sanghvi, Ashish Mehta, Rahul Jain
In line with the recent assurances from the Finance Minister of India regarding ending the tax harassment, the CBDT which is the apex body for administration of direct tax in India, has issued 2 circulars.
By Kingshuk Banerjee, Radhika Gupta
In Gurudwara Sahib, the plaintiff, inter alia, sought a declaration that he had acquired title of the suit property by way of adverse possession.
By Rajat Jariwal, Ria Himmatramka
The article should not be envisaged as an information primer for the entirety of the Amendment Act.
By Anshul Prakash, Deeksha Malik, Kosheel Gupta
On 28 August 2019, the EPFO issued a notice in relation to inquiries initiated / sought to be initiated by authorities under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 ...
By Arindam Ghosh, Malav Shah, Charu Singh
This is further to our Ergo Update dated 5 July 2019 regarding SEBI's in-principal approval to the framework for enabling initial public offer of ordinary equity shares by tech companies having equity shares with superior voting rights.
By Rabindra Jhunjhunwala, Moin Ladha, Stuti Galiya
The Union Cabinet on 28 August 2019 has issued a press release proposing some significant changes to the Foreign Direct Investment ("FDI") policy of the Government of India, specifically relating to 4 (four) sectors as detailed below.
By Anshul Prakash, Deepak Kumar, Prachi Vijay
The Karnataka Government (Government) vide its notification dated 8 August 2019 notified the Karnataka Maternity Benefit (Amendment) Rules, 2019 (Amendment Rules).
By Mehul Shah, Sanket Shah, Aman Yagnik
The MCA vide its circular dated 21 August 2019 clarified that appointed date as contemplated under Section 232(6) of the Companies Act 2013 can either be a specific calendar date or a date based on the trigger of a specific event.
By Sharad Abhyankar, Sameer Sah, Parag Bhide, Sweta Rao
The Ministry of Corporate Affairs vide notification dated 16 August 2019, notified the Companies (Share Capital and Debentures) Amendment Rules 2019 (Amendment Rules).
By Ritu Shaktawat, Sneh Shah
In a much-awaited move, the Government of India (Government) vide press release dated 24 August 2019, announced withdrawal of the enhanced surcharge rates on income arising from the transfer of certain investments ...
By Anshul Prakash, Deeksha Malik
In State Bank of India v Moser Baer Karamchari Union [Company Appeal (AT) (Insolvency) Number 396 of 2019] (Moser Baer), the National Company Law Appellate Tribunal, New Delhi (NCLAT), ...
By Smriti Yadav, Shwetank Tripathi
The Single Judge of the Delhi High Court, Justice Pratibha Singh, has recently passed a detailed order on the role, responsibility and accountability of intermediaries and held that the e-commerce platforms are bound ...
By Sameer Sah, Varun Narayan
Following through on India's commitment to align its regulatory framework with the recommendations of the Financial Action Task Force, to check the misuse of multi-layered corporate entities for money laundering ...
By Sameer Sah
Under Indian law, shares of an unlisted company could hitherto either be held in physical form (i.e., represented by letters of allotment / share certificates issued against such shares) or in dematerialised form ...
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