RBI Imposes Monetary Penalty on ‘HDFC Bank Limited’ and ‘Axis Bank Limited’ for Non-compliance with RBI Directives

Press Release No. 2024-2025/1075; Dated: … Continue reading “RBI Imposes Monetary Penalty on ‘HDFC Bank Limited’ and ‘Axis Bank Limited’ for Non-compliance with RBI Directives”

Writ Against ED’s Seizure of Property Over Bogus Imports Dismissed Due to Factual Disputes; Unfit for Article 226 Review | HC

Case Details: PC Financial Services … Continue reading “Writ Against ED’s Seizure of Property Over Bogus Imports Dismissed Due to Factual Disputes; Unfit for Article 226 Review | HC”

HC Set-Aside Order as Department Didn’t Verify Financial Statements & Assessee Failed to Participate in Proceedings

Case Details: Tvl. International Construction … Continue reading “HC Set-Aside Order as Department Didn’t Verify Financial Statements & Assessee Failed to Participate in Proceedings”

Govt. Amends Merger Rules | Prescribes Norms for Cross-Border Deals Between Foreign Holding Company and Indian WOS

Notification No. G.S.R 555(E); Dated: … Continue reading “Govt. Amends Merger Rules | Prescribes Norms for Cross-Border Deals Between Foreign Holding Company and Indian WOS”