Downstream Investment Must Exclude Investments in Equity Shares of Debtor Co. of REs but Include Hybrid Instruments | RBI Clarifies

Circular No. RBI/2023-24/140 DOR.STR.REC.85/21.04.048/2023-24; Dated: … Continue reading “Downstream Investment Must Exclude Investments in Equity Shares of Debtor Co. of REs but Include Hybrid Instruments | RBI Clarifies”

HC Directed Assessing Officer to Provide Opportunity to Assessee to Submit Reply who Requested for Extension of Time

Case Detail: Sri Ranganathar Constructions … Continue reading “HC Directed Assessing Officer to Provide Opportunity to Assessee to Submit Reply who Requested for Extension of Time”

SC Directs Broker to Pay Rs.21 Lakh Plus 12% Interest from Date of Arbitral Tribunal’s Award, Ending 2012 Litigation

Case Details: Sharda Kapur v. … Continue reading “SC Directs Broker to Pay Rs.21 Lakh Plus 12% Interest from Date of Arbitral Tribunal’s Award, Ending 2012 Litigation”