QIP fund raise, a preferred mode for listed companies?
On October 17, 2024, management of Zomato Limited in its intimation to SEBI declared their proposal...
Computation of maximum marginal tax rate applicable to private discretionary trust
In the recent order by Hon’ble Income Tax Appellate Tribunal, Mumbai bench (‘the ITAT’), it was...
SC: tax treatment of guarantee fees is not akin to interest
On 4th October 2024, the Hon’ble Supreme Court of India dismissed a Special Leave Petition (‘SLP’)...
SEBI Delisting Regulations 2024
On 25th September 2024, Securities and Exchange Board of India (“SEBI”) issued Securities and Exchange Board...
Budget 2024: Amendments to be effective from Oct 1, 2024
Some key amendments from the Union Budget, 2024 that will take effect from October 1, 2024:...
Determination of deal value under the Competition Act
In our previous article titled ‘Amendments in merger regulations under Competition Act’ we learnt about the...
Amendments in merger regulations under the Competition Act
On September 9, 2024, Ministry of Corporate Affairs, Government of India notified certain provisions of the...
Impetus to reverse Flip structures
On September 9, 2024, the Ministry of Corporate Affairs (“MCA”), Government of India introduced a much-awaited...
Conversion of company limited by shares into guarantee
In the NCLT order, C.P. (CAA) No. 52/BB/2022, in respect of petition filed for conversion of...
New IFSCA (Listing) Regulations, 2024
On August 30, 2024, Government of India notified the IFSCA (Listing) Regulations, 2024 (‘the IFSCA Listing...