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
Category: Legal
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
GST relief: Interest only on net cash liability from July 1, 2017 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-relief-interest-only-on-net-cash-liability-from-july-1-2017/article32666128.ece Will not include cases where show-cause notice was issued for payment on gross basis The Central Board of Indirect Taxes and Custom (CBIC)
CBIC to review performance of lawyers on monthly basis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cbic-to-review-performance-of-lawyers-on-monthly-basis/article32754100.ece To ensure interests of revenue authorities are effectively represented before HCs The Central Board of Indirect Taxes and Customs (CBIC) has decided to
CBIC effects policy shift regarding show cause notice on Customs-related matters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/cbic-effects-policy-shift-regarding-show-cause-notice-on-customs-related-matters/article34099258.ece Only Jurisdictional Commissionerate will issue such notices, not the DRI In a major policy shift, the Central Board of Indirect Taxes and Customs
DCB Bank’s two senior officials settle insider trading case with Sebi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/two-individuals-settle-insider-trading-case-with-sebi-by-paying-rs-1-61-cr/articleshow/81436148.cmsSynopsis Sebi had conducted an investigation in respect of insider trading activities of certain entities in the shares of DCB Bank for the period
Devise gender sensitisation courses for lawyers, judges: Supreme Court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/devise-gender-sensitisation-courses-for-lawyers-judges-supreme-court/articleshow/81574759.cmsSynopsis HC’s order amounted to transforming the alleged molester into a brother by a judicial mandate and had the effect of eroding the offence
Income Escaping Assessment – A Revamped Law On Reassessment Proceedings – Tax – India–Mondaq.com
Clipped from: https://www.mondaq.com/india/income-tax/1035508/income-escaping-assessment-a-revamped-law-on-reassessment-proceedings As the dust settles and the excitement subsides over Budget 2021 announcements, it is now an opportune time to examine the fine print
aniltikotekar4sme.com 