NCLT Mumbai bench rejected a merger scheme owing to negative net-worth of companies involved
A Scheme of amalgamation was filed by Antelope Mercantile Pvt. Ltd. & Ors.[1] (‘the Petitioner’) for
Scope expansion for fast track mergers and demergers
The Ministry of Corporate Affairs[1] has expanded the scope of fast-track mergers by notifying significant amendments
ESOP related expenses paid to foreign holding company as reimbursement allowable
Facts Procter & Gamble Hygiene and Health Care Limited[1] (P&G) (‘the Appellant’), is an Indian subsidiary
Chennai ITAT set aside the reopening case whereby owing to reconstitution of a partnership firm as part of family arrangement was sought to tax
Facts: Damayanti Ramachandran HUF[1] (‘the Assessee’), was a partner in two firms: Ms. Texmo Industries and
SEBI Grants Exemption for Indirect Acquisition in Patel Engineering Limited
The Securities and Exchange Board of India (SEBI) issued an order[1] on July 25, 2025, granting
Chandigarh NCLT allows demerger scheme providing discharge of consideration by foreign parent company
The NCLT Chandigarh approved a Scheme of Arrangement[1] involving the demerger of the CRM business of
Unbilled revenue as a part of slump sale transaction, valid for determining consideration
An agreement for slump sale of windmill division by Ashok Leyland Ltd[1] to Ashok Leyland Wind
Electronics and Electronic Components Manufacturing Scheme
The Ministry of Electronics and Information Technology (MEITY) introduced the Electronics Component Manufacturing Scheme (‘ECMS’/ ‘Scheme’)
The Finance Bill 2025 – ‘Budget for people of India’
A Budget for ‘people of India’ The Hon’ble Finance Minister, Ms. Nirmala Sitharaman, presented her 8th
Budget 2025 Highlights
Budget 2025 highlights: With focus on enhancing consumption, generation of employment and reducing fiscal deficit, various