Salzer approved the merger of Salzer Magnet Wires Limited into Salzer Electronics in the year 2016. Salzer Electronics Limited (SEL), which is the Transferee Company, is listed both on BSE and NSEhaving business in...
M&M Two Wheeler Expansion
Mahindra & Mahindra Ltd approved a scheme of demerger of the Two Wheeler undertaking of Mahindra Two Wheelers Limited and transfer and vesting thereof as a going concern into M&M. Mahindra & Mahindra Limited...
Strategic partnership between Max Specialty Films & Toppan Printing
Max Speciality Films Limited (MSF) was founded in 1990, and is a leading supplier of specialty packaging, labels, coating and thermal lamination films for the Indian and overseas markets. Post-Corporate restructuring of...
Six PSU consultancy firms to merge with EIL
In order to bring in efficiency in the way of functioning of public sector undertakings, the government is taking the merger routs. The Cabinet has approved the merger of SBI with its five associates, all state-owned...
Commissioner of Income Tax, Mumbai Vs M/s. Axis Pvt. Equity Ltd
Appeal under Section 260A of the Income Tax Act, 1961 (the Act) challenges the order dated 19th August, 2013 passed by the Income Tax Appellate Tribunal (the Tribunal). The impugned order is in respect of Assessment...
M/s. Umicore Finance Luxenbourg Vs. Commissioner of Income Tax
Facts of the Case On 13.09.2005, M/s. Anandeya was incorporated as a Private Limited Company succeeding erstwhile firm M/s. Anandeya Zinc Oxides whose conversion into a Private Limited Company was effected under part IX...
Valiant’s move from private to public and merger
Valiant Organics Limited approved the scheme of amalgamation of AbhilashaTex-Chem Ltd into Valiant Organics Ltd. Abhilasha Tex - Chem Limited (ATCL) and Valiant Organics Limited (VOL) both are engaged in the business of...