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Amal Michael

It's not a guns and butter problem: The case for a larger Defense Budget
The role of military expenditure in fostering technological advancements and driving overall development cannot be overstated. Historically, the...
Evaluating PSE Disinvestment Amidst the Extended Tax Exemption under Section 52(2)(x) of the Income Tax Act
The role of economic arrangements in the promotion of a free society is twofold. On the one hand, freedom in economic arrangements is in itself a component of freedom, in its broad sense. So,...
No bar on SFIO to Investigate IPC offences: Delhi HC, cites section 436 of Companies Act [Read Order]
In a single judge verdict the Delhi High Court observed that the SFIO is not barred from conducting a further investigation‘ as per provisions of IPC in pursuance of its duties under Section 219 of...
Declaration by the Company of tax arrears does not cover the tax arrears of the Directors: SC upholds HC judgment [Read Order]
A two member bench of the SC has dismissed the Special Leave Petition requesting for the waiving the liability of the Directors of Seville Products Ltd. The bench has held the proposal to impose...