Case Law: Cognizant Technology - Solutions India Pvt. Ltd [TS-531-ITAT-2023(CHNY)]
Facts of the Case:
M&M adding bus segment into its portfolio with acquisition of SML ISUZU
Mahindra & Mahindra Limited (“M&M” or “Acquirer”) is a flagship company of Mahindra Group which is engaged in the manufacturing and sale of passenger cars, Heavy, Medium & Light commercial vehicles...
2 weeks ago
Metropolis’ acquisition of Hitech Healthcare via Voluntary Liquidation – A Unique Way
In 2021, Metropolis Healthcare Limited (“MHL”) announced a proposed acquisition of 100% equity shares of Dr. Ganesan’s Hitech Diagnostic Centre Private Limited and its subsidiary (‘Hitech’) for consideration in the form...
2 weeks ago
NCLAT uphelds NCLT’s judgement on Bharti Telecom Limited Selective Capital Reduction of Minority Shareholders
The core issue revolves around a scheme of selective and compulsory equity share capital reduction of minority public shareholders implemented by Bharti Telecom Limited (BTL). BTL, which was earlier listed company, is...
2 weeks ago