Facts of the case The board of directors of OneSource Specialty Pharma Limited (“OneSource”) unlisted public company which was supposed to get listed pursuant to the proposed transaction, approved a scheme of...
Grasim Industries’ Scheme of Arrangement under Income Tax Purview
In 2016, the Board of Grasim Industries Limited (“GIL” or “Assessee”), Aditya Birla Nuvo Limited (“ABNL”) and Aditya Birla Financial Services Limited (“ABFSL” or “ABCL”) approved a composite scheme of arrangement of the...
