lipped from: https://www.thehindubusinessline.com/companies/the-next-battle-between-mistry-and-tata-will-be-on-the-valuation-of-sp-groups-share-in-tata-sons/article34168159.ece The dispute between Cyrus Mistry and the Tata group has come to an end with the Supreme Court upholding Tatas’ decision to oust
Category: Legal
SC order, a validation of Tata group’s ethics: Ratan Tata – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/supreme-court-order-a-validation-of-tata-group-values-and-ethics-ratan-tata/article34168321.ece For the Tata group, the Supreme Court’s decision against the allegations made by Cyrus Mistry, could not have come at a better time.
Tatas may want to buy out Mistry’s stake, but where is the cash? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tatas-may-want-to-buy-out-mistrys-stake-but-where-is-the-cash/article34172850.ece The Tata group could potentially put an end to the troubles created by Cyrus Mistry and family by acquiring their stake, but it
Mistry camp exploring all options – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/mistry-camp-exploring-all-options/article34172828.ece The Mistry family is exploring all options, including filing a review petition and seeking a legal recourse, to determine the value of the
Tatas hold all the aces – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tatas-hold-all-the-aces/article34172795.ece Legal spat between Tata and Mistry groups may continue, but the former has an edge Cyrus Mistry is in a very difficult spot
SC order upholds company board supremacy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/sc-order-upholds-company-board-supremacy/article34172831.ece Verdict restricts scope of court’s interference in the corporate decision-making process The verdict of the three-judge Bench of the Supreme Court has not
Behind the Tata-Mistry feud, the crossed wires of history – The Financial Express
Clipped from: https://www.financialexpress.com/industry/behind-the-tata-mistry-feud-the-crossed-wires-of-history/2221484/ When Cyrus took over, he was the first Tata Sons chairperson in the group’s history not to be made chairperson of the Sir
Does the Tata-Mistry ruling ignore reality of how boards are run and decisions taken? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/law-is-willing-but-spirit/articleshow/81712712.cms Synopsis-In India’s legal system, there is no place for redressal if, while following the letter of the law, its spirit is ignored. This
JSW transfers Rs 19,350 cr to complete acquisition of Bhushan Power and Steel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-transfers-rs-19350-cr-to-complete-acquisition-of-bhushan-power-and-steel/articleshow/81706126.cmsSynopsis JSW Steel was chosen the winning bidder for BPSL’s assets in September 2019, and the resolution plan was approved by NCLT soon after.
Tata-Mistry: Person who sets own house on fire doesn’t deserve to be in decision making body, says SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tata-mistry-person-who-sets-own-house-on-fire-doesnt-deserve-to-be-in-decision-making-body-says-sc/articleshow/81712082.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The top court said it is an irony that the very same person who represents shareholders owning just 18.37 per cent of the
SPAC Tax Issues: Round tripping, taxation issues to mar billion dollar ‘SPAC’ dreams of Indian firms, unicorns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/round-tripping-taxation-issues-to-mar-billion-dollar-spac-dreams-of-indian-firms-unicorns/articleshow/81718113.cms Synopsis–Indian firms face hurdles akin to those faced by Indian and MNC mergers in past Indian startups and companies that are hoping to
tata-mistry case: SC should have looked at bigger issues beyond Tata-Mistry conflict: Anil Singhvi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/sc-should-have-looked-at-bigger-issue-beyond-tata-mistry-conflict-anil-singhvi/articleshow/81705271.cmsSECTIONSSC should have looked at bigger issues beyond Tata-Mistry conflict: Anil SinghviLast Updated: Mar 26, 2021, 03:22 PM ISTSynopsis SC restricting itself to only
Wave Mega City Centre moves NCLT for voluntary resolution to protect buyers
Clipped from: https://www.businesstoday.in/current/corporate/wave-mega-city-centre-moves-nclt-for-voluntary-resolution-to-protect-buyers/story/435018.html On Friday, the company moved NCLT to protect the interest of buyers in the project who are left stranded after the Noida Authority
ED raids 2 premises of ex-United Bank MD Archana Bhargava in disproportionate asset case
Clipped from: https://www.businesstoday.in/sectors/banks/ed-raids-2-premises-ex-united-bank-md-archana-bhargava-money-laundering/story/434982.html As per the FIR (first information report), she amassed disproportionate assets to the tune of Rs 3.63 crore when she held senior positions
The gridlock in the judicial system weakens India’s capacity for justice delivery
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/the-gridlock-in-the-judicial-system-weakens-indias-capacity-for-justice-delivery/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
Almost 40% of RTI rejections last year did not invoke valid reason: analysis – The Hindu
Clipped from: https://www.thehindu.com/news/national/almost-40-of-rti-rejections-last-year-did-not-invoke-valid-reason-analysis/article34171928.ece?homepage=true 90% of PMO rejections failed to cite any exemption clause under the Act The Centre has only rejected 4.3% of all Right to
Why digital payment is a public good – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-digital-payment-is-a-public-good/article34093572.ece The RBI’s move to allow private players as ‘new umbrella entities’ to operate the retail payments system is risky A robust and secure
How the OTT landscape is set to change in India – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/the-cheat-sheet/how-the-ott-landscape-is-set-to-change-in-india/article34093298.ece Why did the Central government bring in new rules for OTT content? These rules also came after the Information and Broadcasting Ministry had
Faceless assessment will upgrade Customs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/faceless-assessment-will-upgrade-customs/article32153015.ece Interface for virutal examination – Getty Images/iStockphoto Interface for virutal examination – Getty Images/iStockphoto× It will do away with rent-seeking and bring in
Compute tax demand for all assessees by Aug 31, dispose of pending appeals: CBDT chief to taxmen – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/compute-tax-demand-for-all-assessees-by-aug-31-dispose-of-pending-appeals-cbdt-chief-to-taxmen/article32252080.ece With tepid collections proving to be a challenge in meeting tax revenue goals, CBDT Chairman P C Mody has set monthly targets for
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