NCLAT held that the selective capital reduction at fair value is valid
The National Company Law Tribunal (‘the NCLT’), Mumbai, had passed an order approving the reduction of
NCLT, Kolkata bench rejected capital reduction scheme requiring transfer of balance from securities premium to retained earning
The NCLT Kolkata Bench, dealt with a petition[1] for capital reduction and variation of terms of
NCLAT set aside NCLT order refusing for dispensation of creditors meeting
The attached case concerns a cross-border merger involving Mensa Brand Technologies Pte. Ltd.[1], a Singapore-based parent
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
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
SEBI in association with Industry standard board prescribed minimum disclosure requirement for the related party disclosure
Pursuant to the feedback and requests received from various stakeholders, SEBI has issued circular whereby The