Mondaq India: Corporate/Commercial Law
Khaitan & Co
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 ...
L&L Partners
The concept of CSR spend by corporations was first time introduced under the newly enacted Companies Act, 2013 and made effective from April 2014.
AZB & Partners
The Indian Government is keen on developing the international financial services center (‘IFSC'), in Gujarat International Finance Tec-City (GIFT City), Gujarat, to bring to the Indian shores
S.S. Rana & Co. Advocates
This amendment allows the trusts to be able to expand their business units to SEZs and shall be able to export their products.
The amendments have been made effective immediately and are introduced with an aim to boost the economy.
Link Legal India Law Services
Damages as commonly understood, is compensation to a party to put it back in the same position in which it would have been, had the other party not committed a breach. But damages is not a means to unjust enrichment.
King, Stubb & Kasiva
One's power to control and rule in a democratic set-up is entwined with the system of voting and rights.
L&L Partners
An IPO has been a great leveller for the shareholders until recently as the Securities and Exchange Board of India required that all shareholders in an IPO bound company should be treated at par (post IPO) ...
Chandhiok & Mahajan
Following the recommendations of the Competition Law Review Committee (CLRC), the Competition Commission of India (CCI) has amended the Competition Commission of India ...
Khaitan & Co
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.
AZB & Partners
The Securities and Exchange Board of India (‘SEBI') had, by way of a notification dated July 29, 2019, approved amendments to the SEBI (Substantial Acquisition of Shares and Takeovers)
SKP Business Consulting LLP
We are pleased to present SKP Investment Chronicle – our quarterly update that focuses on the deal-making landscape
Khaitan & Co
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.
Khaitan & Co
The Ministry of Corporate Affairs vide notification dated 16 August 2019, notified the Companies (Share Capital and Debentures) Amendment Rules 2019 (Amendment Rules).
Khaitan & Co
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), ...
Obhan & Associates
In the past few years, ‘panama' and ‘paradise', rather than signalling sunshine and rainbows, have been frequently evoked in the context of the ‘shell corporations' which were incorporated in various
AZB & Partners
In a very welcome move, the Ministry of Corporate Affairs (‘MCA') has issued a circular on August 21, 2019 (‘Circular') clarifying that Section 232(6) of the Companies Act, 2013
Singhania & Co
The Companies Act, 2013 was brought to solidify the law identifying companies in India by replacing the erstwhile Companies Act, 1956.
L&L Partners
The scenario of doing business in India has been undergoing change at fast-pace.
Vaish Associates Advocates
This circular gives clarity on what can be specified as the ‘appointed date' in the Scheme.
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NovoJuris Legal
The Ministry of Corporate Affairs (the MCA) in the month of January & February 2019 has issued the following amendments notification under the Companies Act 2013 (the Act):
Chambers of Rajan & Indraneel
The Ministry of Corporate Affairs ("MCA"), vide its Notification dated 11 October 2018, has reconstituted the High Level Committee on Corporate Social Responsibility.
VGC Law Firm
There have been some changes in the civil dispute resolution practice area through the Specific Relief (Amendment) Act, 2018 which has made some important amendments to the Specific Relief Act, 1963.
Khaitan & Co
The Hon'ble Supreme Court of India (Supreme Court) in its judgment, in M/s SCG Contracts India Pvt. Ltd. v. K.S. Chamankar Infrastructure Pvt. Ltd. & Ors. held that the failure to file written statements within the statutory time period ...
STA Law Firm
The Indian economy has been marked by many critical structural initiatives which intend to build the strength and substantial growth over the past two decades.
Khaitan & Co
On 31 July 2019, the Companies (Amendment) Act 2019 (Amendment) received assent of the President of India.
The Amendment has reinforced the 2018 Ordinance and 2019 Ordinances and introduced new changes as discussed below.
Dhaval Vussonji & Associates
In contrast, the definition of operational debt is exhaustive in nature to mean inter alia a claim in respect of the provision of goods or services including employment.
Argus Partners
On February 8, 2019, the Ministry of Corporate Affairs issued a notification in respect of the Companies (Significant Beneficial Owners) Amendment Rules, 2019 to amend the Companies (Significant Beneficial Owners) Rules, 2018.
The Specific Relief (Amendment) Act, 2018 (the "Amendment Act") amending the provisions of the Specific Relief Act, 1963 (the "Act") came into force on August 1, 2018.
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