Tag Archives: merger

Measures to curb ‘Inversions’ announced: US Treasury

United States Department of Treasury and Internal Revenue Service has announced measures to curb ‘Inversions’ by US corporations. https://goo.gl/hsGD0P

Posted in Banking Law, Company Law, Contract Law, FDI, General Law, Income Tax Law, International Law, Notifications/Publications/Circulars, Securities Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Corp guarantees have no bearing on profits: ITAT

In a recent ruling, Income Tax Appellate Tribunal (ITAT) held that when corporate guarantees are in the nature of shareholder activities, they have no bearing on profits and in such cases no arms length price adjustments need to be made. … Continue reading

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Postal ballot voting not applies to court-convened meetings: BHC

In one of the first rulings dealing with interpretation of provisions of new Companies Act, 2013, the Bombay High Court held that that the provisions for compulsory voting by postal ballot to the exclusion of an actual meeting do not … Continue reading

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Guarantee on Behalf of NRI Investments

Reserve Bank of India (RBI) has informed that in order to provide operational flexibility and ease the procedures, it has been decided to permit Authorised Dealer (AD) Category-I banks to issue bank guarantee, without prior approval of the RBI, on … Continue reading

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CCI notifies regulations for business combinations

Competition Commission of India notifies “Procedure in regard to the transaction of business relating to combinations” Amendment Regulations, 2014. http://goo.gl/DMQXhn  

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