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Book Review: Virtual Meetings under Companies Act

The concept of a virtual meeting of shareholders was unthought-of in the world before the pandemic struck. As our way of living changed, so did our...

GST applicable on Activity of Collection of Property Taxes and Water Charges by Society for paying...

SEBI relaxes Procedural Rules pertaining to Takeovers and Buy-back [Read Circular]

MCA renders Relief on Delivery of Notice to Shareholders for Rights Issue [Read Circular]

Company Secretary vacancy in Ansal Housing

CCI approves proposed Acquisition of 9.93% stake by Emerald Sage Investment Limited in Apollo Tyres Limited

The Competition Commission of India (CCI) approves proposed acquisition of 9.93% stake by Emerald Sage Investment Limited in Apollo Tyres Limited. The proposed combination envisages subscription by...

Swapping Company Shares among Shareholders does attract Addition u/s 68: ITAT [Read Order]

The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that the provisions of section 68 of the Income Tax Act, 1961 would not be applicable in case of swapping of company shares in...

Regulating Un-related Party Transactions under RPT provisions – An Analysis of Report of SEBI’s Working Group

In November 2019, SEBI had constituted a Working Group to review the provisions relating to Related Party Transactions (‘RPTs’). The terms of reference of the Working Group were to make...

SEBI - Investment Advisers - SEBI Stewardship Code - Taxscan

SEBI issues Guidelines for process of Right issue

The Security Exchange Board of India (SEBI) issues a circle within which it streamlined the process of the right issue wherein the special emphasis was laid on the dematerializing Rights Entitlements...

Vivo PMLA Case: Delhi HC upholds Chinese National’s ED Remand [Read Order]

The Delhi High Court upheld the Chinese National’s, Guangwen Kuang @ Andrew, remand to Enforcement Directorate in the much celebrated Vivo Prevention of Money Laundering Act, 2003 (PMLA) Case. The...

Revision u/s 263 without any Tangible Material is not Valid: Gujarat HC sets aside Proceedings against Axis Bank [Read Order]

The Gujarat High Court has held that the revision under section 263 of the Income Tax Act, 1961 without any tangible material is not valid and set aside the proceedings against Axis Bank. The...

CBDT notifies Income Tax Exemption to Bihar Electricity Regulatory Commission [Read Notification]

The Central Board of Direct Taxes (CBDT) has notified the tax exemption to the Bihar Electricity Regulatory Commission under section 10(34) of the Income Tax Act, 1961. The notification issued on...

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