International Financial Services Centres Authority (Banking) Regulations, 2020
Pursuant to the powers conferred on the IFSCA under section 13 of the IFSC Authority Act,...
Acquisition of a business entity through an investment vehicle under business restructuring mechanism, a colourable device?
Any acquisition / diversification, be it strategic or financial investment, needs deep deliberation in tax, regulatory,...
Rewarding Public Shareholders through a Scheme of Arrangement
Music Broadcast Limited (“MBL/the Company”) is a public listed company incorporated under the Companies Act, 1956...
SEBI amends circular on Scheme of Arrangement by listed companies
The Securities Exchange Board of India (SEBI) recently issued a Circular (‘Circular 2020’) [1] amending certain...
Finance Concept – International Financial Services Centre
Financial sector in India is one of the important pillars for determining India’s growth. Last decade...
Current Account Transaction under FEMA
Concept of Current Account Transaction was introduced under Foreign Exchange Management Act, 1999 (“FEMA”) vide section...
Acquisition through merger
Minda Industries Limited (‘the Transferee Company’ or ‘Minda’), is a public company incorporated on September 16th,...
Whether beneficial rates under DTAA extends to DDT?
Untill Assessment Year 2020-21, if a Company declared dividend, it was Company’s liability to deduct tax...
Corporate Gift under internal restructuring liable to tax?
Large enterprise groups often delves into internal restructurings in order to align the multiples businesses and...
Delisting of shares of a Company having Stressed Assets
Pursuant to Insolvency and Bankruptcy Regulations, 2016 coming into effect, listed companies which are going through...