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News, Blog, Company Law

November 23, 2024

SEBI Removes Requirement for No Objection Certificate for Release of 1% of Issue Amount Under ICDR Regulations

Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/0161, Dated 21.11.2024 … Continue reading “SEBI Removes Requirement for No Objection Certificate for Release of 1% of Issue Amount Under ICDR Regulations”

Blog, News, International Tax

November 23, 2024

[World Tax News] UAE MoF Clarifies Treatment of Unincorporated/Foreign Partnerships & Family Foundations and More

Editorial Team – [2024] 168 … Continue reading “[World Tax News] UAE MoF Clarifies Treatment of Unincorporated/Foreign Partnerships & Family Foundations and More”

Blog, News, Income Tax

November 23, 2024

Right to Tax in UAE Sufficient to Claim Benefit of India-UAE DTAA; No Need to Prove Actual Payment of Tax | ITAT

Case Details: Saket Kanoi vs. … Continue reading “Right to Tax in UAE Sufficient to Claim Benefit of India-UAE DTAA; No Need to Prove Actual Payment of Tax | ITAT”

News, Blog, Insolvency and Bankruptcy Code

November 23, 2024

Insolvency Resolution Plea u/s 95 of IBC Can Be Initiated Against Personal Guarantor Irrespective of His Citizenship

Case Details: ZTE Corporation v. … Continue reading “Insolvency Resolution Plea u/s 95 of IBC Can Be Initiated Against Personal Guarantor Irrespective of His Citizenship”

Blog, News, FEMA & Banking

November 23, 2024

Attachment of Property Under PMLA Equivalent to Proceeds of Crime Upheld as Appellant Failed to Justify Its Purchase

Case Details: Dinesh Pratap Singh … Continue reading “Attachment of Property Under PMLA Equivalent to Proceeds of Crime Upheld as Appellant Failed to Justify Its Purchase”

Blog, News, GST & Customs

November 23, 2024

Matter to Be Remanded Since SCN Was Worded as a Final Order and Hearing Opportunity Was Not Provided | HC

Case Details: Maheshwari Logistics Ltd. … Continue reading “Matter to Be Remanded Since SCN Was Worded as a Final Order and Hearing Opportunity Was Not Provided | HC”

Blog, News, GST & Customs

November 23, 2024

Writ Dismissed as Assessee Failed to Appeal Against Order Within the Time Period as Directed by the Coordinate Bench | HC

Case Details: Radhey Traders v. … Continue reading “Writ Dismissed as Assessee Failed to Appeal Against Order Within the Time Period as Directed by the Coordinate Bench | HC”

Blog, News, Company Law

November 22, 2024

[Opinion] Company & Its Directors Penalized for Using Private Placement Funds in Existing Account Before Filing Return of Allotment

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] Company & Its Directors Penalized for Using Private Placement Funds in Existing Account Before Filing Return of Allotment”

Blog, News, Company Law

November 22, 2024

SEBI Amends Buy-Back Regulations | Excludes Shares Held by Non-Participating Promoters from Entitlement Ratio

Notification No. SEBI/LAD-NRO/GN/2024/210; Dated: 20.11.2024 … Continue reading “SEBI Amends Buy-Back Regulations | Excludes Shares Held by Non-Participating Promoters from Entitlement Ratio”

Blog, News, Company Law

November 22, 2024

SEBI Amends Bankers to an Issue Regulations by Expanding Their Scope of Activities

Notification No. SEBI/LAD-NRO/GN/2024/211; Dated: 20.11.2024 … Continue reading “SEBI Amends Bankers to an Issue Regulations by Expanding Their Scope of Activities”