In a landmark decision, Hon’ble Supreme Court gave clarity on “Otherwise” word in Section 45(4) which shall include revaluation of capital asset of firm by credit to partners’ capital account in their PSR. Though section 45(4) witnessed sea changes vide Finance Act, 2021, the decision will impact ongoing litigation ...
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Recently, Advent International announced the merger of its privately held pharma company into recently acquired listed pharma company. Advent being one of the largest private equity entities, is the merger move looking...
Recently, Vuenow Infratech Limited, a BSE listed company, announced the merger of two private companies itself. Though the company is small (rather miniscule), recent past events & some of the facts related to...
Recently, Eris Lifesciences Limited announced the acquisition of the ‘branded Formulation Business’ of Biocon Biologics Limited pertaining to the Indian territory through slump sale. In addition, ELL also announced a...
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