The Board of Directors of Century Textiles and Industries Limited (Century) had approved a Scheme of Arrangement between the Century, UltraTech Cement Limited (UltraTech), and...

Valiant Organics Ltd. (VALIANT) was established in the year 1985 under the name of Valiant Chemical Corporation, with a single product, viz., meta chloroaniline. The...

Paisalo Digital Limited Paisalo Digital Limited (Paisalo) is a Non-Deposit Taking Systemically Important Non-Banking Finance Company (ND-SI-NBFC) engaged in lending to individuals, SSIs, SMEs and...

At a time when Indian individuals are increasingly investing in mutual funds to build long-term corpus and assets under management (AUM) of the industry are...

Ever since the government introduced the bankruptcy law, host of companies right from steel, power, cement and construction have put their distressed assets on sale...

Our honourable Finance Minister presented the budget for 2018 on 1st Feb 2018. We have listed some noteworthy amendments which has an effect on corporate...

SONA KOYO STEERING SYSTEMS LIMITED (SKSS) is a manufacturer of steering systems in the passenger car and utility vehicle market in India, catering to passenger...

Recent changes in Income tax provisions in Budget 2018-19 in relation to companies facing Insolvency Proceeding or under corporate Insolvency resolution process: Section Old Provision...

Our honourable Finance Minister presented the budget for 2018 on 1st Feb 2018. We have listed some noteworthy amendments which has an effect on corporate...

  Element Details Background Section 45 of the Act, inter alia, provides that capital gains arising from a conversion of capital asset into stock-in-trade shall be chargeable...

Brief Facts: The Taxpayer, an Indian company engaged in the business of manufacturing of jeeps, entered into an agreement with a supplier based in USA...

Section 66 of the Companies Act, 2013 allows companies to reduce their share capital. The scheme of Reduction of share capital is undertaken by companies...

DEAL Mphasis had acquired USA based Digital Risk LLC in 2013. Digital Risk is one of the largest independent providers of Risk, Compliance and Transaction...

While companies go for mergers to consolidate market share and strengthen geographical presence, small investors may not always gain much from mergers. Companies merge to...

On June 1, 2017, The Hon’ble National Company Law Tribunal (“NCLT”) bench at Ahmedabad, have approved the merger of Aditya Birla Nuvo Ltd. (“ABNL”) and...