S&A Law Offices is a full-service law firm comprising experienced, well-recognized and accomplished professionals. S&A Law Offices aims to provide its clients (both domestic and international) with top-quality counsel and legal insights, which combines the Firm's innovative approach with comprehensive expertise across industries and a broad spectrum of modalities. Being a full-service law firm, we take pride in having the capability of providing impeccable legal solutions across various practice areas and industries and makes an endeavor to provide a 360 degree legal solution.
With registered office at Gurugram and other strategically located offices in New Delhi, Mumbai, and Bengaluru, along with associate offices across India, S&A is fully equipped to provide legal services on a pan-India basis.
S&A Law Offices acted for Ambuja Cement Limited (ACL), wherein ACL had challenged the order passed by the Collector of Stamps, Delhi, directing ACL to pay stamp duty of ₹218,87,81,917.26 along with a penalty of ₹69 crores on the merger order d
India
New Delhi, 21 October 2024: S&A Law Offices
acted for Ambuja Cement Limited (ACL), wherein ACL had challenged
the order passed by the Collector of Stamps, Delhi, directing ACL
to pay stamp duty of ₹218,87,81,917.26 along with apenalty of
₹69 crores on the merger order dated 14.11.2011.
Amongst the various grounds of Challenge, the Hon'ble High
Court of Delhi, while holding that an order of amalgamation under
Sections 391 to 394 of the Companies Act, 1956 was an instrument
exigible to stamp duty, was pleased to hold that ACL was covered
under Notification No. 13 dated 25.12.1937.
The Hon'ble High Court also noted that the show cause notice
issued by the Collector of Stamp was beyond the prescribed period
of limitation. Consequently, the High Court allowed the Writ
Petition and set aside the show cause notice and the order passed
by the Collector of Stamps, Delhi.
The S&A Law Offices team was led by Mr. Vijay K Singh
(Senior Partner) along with Mr. Adhip Kumar Ray (Partner), Mr.
Kumar Shashwat Singh Sawno (Principal Associate) and Ms. Simran
Sakunia (Senior Associate).
S&A Law Offices is a full-service law firm comprising experienced, well-recognized and accomplished professionals. S&A Law Offices aims to provide its clients (both domestic and international) with top-quality counsel and legal insights, which combines the Firm's innovative approach with comprehensive expertise across industries and a broad spectrum of modalities. Being a full-service law firm, we take pride in having the capability of providing impeccable legal solutions across various practice areas and industries and makes an endeavor to provide a 360 degree legal solution.
With registered office at Gurugram and other strategically located offices in New Delhi, Mumbai, and Bengaluru, along with associate offices across India, S&A is fully equipped to provide legal services on a pan-India basis.
