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Category: Taxation

October 11, 2018Mutual Fund, Taxation

CCI amends combination rules on withdrawal, refiling of notices for clearance

To provide faster disposal of merger and acquisition cases, the Competition Commission Wednesday amended the combination regulations with regard to withdrawal and refiling of […]

October 11, 2018Mutual Fund, Taxation

Competition Commission of India amends the Combination Regulations vide notification dated 9th October 2018

The Competition Commission of India (CCI), in continuation of its efforts towards simplifying and providing greater clarity on the application of the combination […]

October 11, 2018Mutual Fund, Taxation

Corruption cannot just be legislated away

Chanda Kochhar’s exit from ICICI Bank is yet another reminder of the high levels of corruption that now pervade our society. The annual […]

October 11, 2018Mutual Fund, Taxation

Issuing Compliance Certificate by Company Secretary without verifying Relevant Statutory Records of Company amount ‘Misconduct

The disciplinary committee of the Institute of Company Secretaries of India ( ICSI ) has found a company secretary guilty of ‘Professional […]

October 11, 2018Mutual Fund, Taxation

IBBI removes 30-day deadline for payment to operational creditors

The Insolvency and Bankruptcy Board of India has done away with the concept of dissenting financial creditors and removed the 30-day deadline for […]

October 10, 2018Mutual Fund, Taxation

Amended IBC ensures a better deal for operational creditors

The amendments to the Insolvency and Bankruptcy Code that accords priority in payment to unsecured operational creditors above financial creditors, will help […]

October 9, 2018Mutual Fund, Taxation

IL&FS board likely to meet again this week

The newly constituted board of the beleaguered IL&FS under the chairmanship of Uday Kotak may meet this week again to chalk out […]

October 9, 2018Mutual Fund, Taxation

Mukesh Ambani added Rs 188 crore daily to his wealth, brother Anil lost Rs 15 crore per day

Richest Indian Mukesh Ambani added US $9.3 billion or Rs 68,820 crore to his wealth last year while his younger brother Anil lost […]

October 9, 2018Mutual Fund, Taxation

Sebi Revises Norms For Recovery Of Investors’ Money

Markets regulator Sebi has put in place revised norms for recovering of investors’ money, wherein a registered insolvency professional will be appointed as […]

October 9, 2018Mutual Fund, Taxation

Fixing IL&FS: New Board Gets Protection Cover, NCLT Gives legal Immunity To Work Freely

The Mumbai bench of the National Company Law Tribunal (NCLT) has accepted the ministry of corporate affairs plea which was filed last week, seeking immunity […]

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