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
Transfer of entire business under slump sale, held to be valid
The case centers on the validity of a slump sale transaction under Indian tax law, specifically
Supreme Court provide judgement in relation to validity of a document with respect to will vs gift vs settlement deed
The Hon’ble Supreme Court in the case of N.P. Saseendran vs N.P. Ponnamma[1] decided on the